Interim Stabilization Order

On June 26, 2018, the Court issued an order (“Interim Stabilization Order”), which, among other things:

  • Clarified and confirmed the Trustee’s rights and responsibilities under the Appointment Order in respect of certain funds held by the Trustee that are subject to a Court-ordered priority charge and put temporary restrictions on the Trustee’s rights with respect to those funds during the stabilization period; and

  • Appointed Chaitons LLP as representative counsel to represent Investors in these proceedings.

A copy of the Interim Stabilization Order and the materials filed in connection with that order, including the Trustee’s first report to Court dated June 19, 2018 (“First Report”), is available below.

 
 

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