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Sec. & Exch. Comm'n v. Davison

United States District Court, Middle District of Florida
Jun 25, 2024
8:20-cv-00325-MSS-NHA (M.D. Fla. Jun. 25, 2024)

Opinion

8:20-cv-00325-MSS-NHA

06-25-2024

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. BRIAN DAVISON; BARRY M. RYBICKI; EQUIALT LLC; EQUIALT FUND, LLC; EQUIALT FUND II, LLC; EQUIALT FUND III, LLC; EA SIP, LLC; Defendants, and 128 E. DAVIS BLVD, LLC, et al., Relief Defendants.


ORDER

MARY S. SCRIVEN, UNITED STATES DISTRICT JUDGE

THIS CAUSE comes before the Court for consideration of the Receiver's Unopposed Motion to Approve Transfer of Title to the Property Located at 13149 119th Street, Seminole, Florida 33778 (the “Property”). (Dkt. 1160) At the request of the Securities and Exchange Commission (“SEC”), the Court appointed the Receiver on February 14, 2020 and directed him, in relevant part, to “[t]ake immediate possession of all property, assets and estates of every kind of the Corporate Defendants and Relief Defendants,” which includes “all real property of the Corporate Defendants and Relief Defendants, wherever situated, and to administer such assets as is required in order to comply with the directions contained in this Order.” (Dkt. 11)

The Court previously approved the sale of the Property as part of an auction conducted by the Receiver. (Dkt. 977) The Property was sold at auction to Simona Fratila and Lucian Fratila, and the Receiver requests that the Court approve the transfer of title of the Property to Simona Fratila and Lucian Fratila. (Dkt. 1160) The SEC consents to the relief sought in the Motion and has waived any right to appeal this Order. (Id.) The Receiver provided the Sale Procedures Agreement for the Court's review. (Dkt. 1160-1)

Accordingly, it is hereby ORDERED AND ADJUDGED that:

1. The Receiver's Motion, (Dkt. 1160), is GRANTED.

2. Transfer of title to the Property located at 13149 119th Street, Seminole, Florida 33778, better known as Pinellas County Property Appraiser's Parcel Id. Number (PIN): 09-30-15-02970-000-0040 to Simona Fratila and Lucian Fratila is APPROVED. The Property's legal description is as follows:

BASKIN HEIGHTS, 2ND ADD LOT 4

3. Said transfer shall be free of any and all liens and encumbrances.

DONE and ORDERED.


Summaries of

Sec. & Exch. Comm'n v. Davison

United States District Court, Middle District of Florida
Jun 25, 2024
8:20-cv-00325-MSS-NHA (M.D. Fla. Jun. 25, 2024)
Case details for

Sec. & Exch. Comm'n v. Davison

Case Details

Full title:SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. BRIAN DAVISON; BARRY M…

Court:United States District Court, Middle District of Florida

Date published: Jun 25, 2024

Citations

8:20-cv-00325-MSS-NHA (M.D. Fla. Jun. 25, 2024)