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Sec. & Exch. Comm'n v. Cobalt Multifamily Investors I, LLC

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK
Mar 5, 2019
06-CV-2360 (KMW) (S.D.N.Y. Mar. 5, 2019)

Opinion

06-CV-2360 (KMW)

03-05-2019

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. COBALT MULTIFAMILY INVESTORS I, LLC, COBALT MULTIFAMILY CO. I, LLC, COBALT CAPITAL FUNDING, LLC, MARK A> SHAPIRO, IRVING J. STITSKY, and WILLIAM B. FOSTER Defendants, and, VAIL MOUNTAIN TRUST Relief Defendant.


OPINION AND ORDER :

ORDER AUTHORIZING (1) PAYMENT OF DISTRIBUTION AGENT AND TAX ADMINISTRATOR FEES; AND (2) TRANSFER OF REMAINING FUNDS TO THE UNITED STATES TREASURY

The Court, having considered the Declaration of Nancy A. Brown, executed February 13, 2019, and the Exhibit thereto, and the Declaration of Jason Rabe, executed December 7, 2018, and the Exhibit thereto ("Rabe Declaration"), and for good cause shown,

IT IS HEREBY ORDERED that the Distribution Agent, Rust Consulting, Inc., is authorized to pay itself $3,038.00; and to pay the Tax Administrator, Miller Kaplan Arase LLP, formerly Damasco & Associates, $3,631.22;

IT IS FURTHER ORDERED that the Distribution Agent is authorized to transfer the remaining funds in the Distribution Fund to the United States Treasury, according to the instructions supplied by the staff of the Securities and Exchange Commission. SO ORDERED. Dated: New York, New York

March 5, 2019

/s/_________

KIMBA M. WOOD

United States District Judge


Summaries of

Sec. & Exch. Comm'n v. Cobalt Multifamily Investors I, LLC

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK
Mar 5, 2019
06-CV-2360 (KMW) (S.D.N.Y. Mar. 5, 2019)
Case details for

Sec. & Exch. Comm'n v. Cobalt Multifamily Investors I, LLC

Case Details

Full title:SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. COBALT MULTIFAMILY…

Court:UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

Date published: Mar 5, 2019

Citations

06-CV-2360 (KMW) (S.D.N.Y. Mar. 5, 2019)