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This website is devoted solely to Phillip Stenger’s “Receivership Sourcebook” and can be easily reviewed by clicking on individual chapter designations or simply download a full version of "Phil Stenger's Sourcebook of Receivership Law & Practice" in PDF format.
Issue
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Cases
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Abstention
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U.S.A. v. Fairway Capital Corporation, 433 F.Supp.2d 226 (D.R.I., 2006)
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Alter Ego
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Acree v. McMahan, 585 S.E.2d 873 (Ga. 2003)
C. F. Trust, Inc. v. First Flight L.P., 580 S.E.2d 806 (Va. 2003)
Goya Foods, Inc. v. Unanue-Casal, 982 F. Supp. 103 (D.P.R. 1997)
Integrated Bus. Info. Serv. (Proprietary) Ltd. v. Dun & Bradstreet Corp., 714 F. Supp. 296 (N.D. Ill. 1989)
Scholes v. Lehmann, 56 F.3d 750 (7th Cir. 1995)
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Appeal
Distribution Plan
In General
Intervention/Nonparties
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SEC v. Basic Energy & Affiliated Resources, Inc., 273 F.3d 657 (6th Cir. 2001)
SEC v. Capital Consultants LLC, 453 F.3d 1166 (9th Cir. 2006)
SEC v. Forex Asset Mgmt. LLC, 242 F.3d 325 (5th Cir. 2001)
In re Pressman-Gutman Co., Inc., 459 F.3d 383 (3d Cir. 2006)
SEC v. Wozniak, 33 F.3d 13 (3d Cir. 1994)
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Standing
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Appeal, Right to
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Gilchrist v. General Electric (4th Cir. 2001)
Searcy v. Philips Electronics, 117 F.3d 154, 156-58 (5th Cir. 1997)
SEC v. Forex Asset Mgt, 242 F.3d 325, 330 n. 5 (5th Cir. 2001)
SEC v. Wozniak, 33 F.3d 13 (3d Cir. 1994)
U.S.v. Kirschenbaum (7th Cir. 1998)
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Asset Protection Trust
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See Repatriation
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Bankruptcy
Effect on Receiver
Stay of Investor Litigation
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Gilchrist v. Gen. Elec. Capital Corp., 262 F.3d 295 (4th Cir. 2001)
Fisher v. Apostolou, 155 F.3d 876 (7th Cir. 1998)
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Charitable Contributions
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See Fraudulent Conveyances
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Claims Administration
Due Process Requirements
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SEC v. Elliott, 953 F.2d 1560 (11th Cir. 1992)
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Clean Hands/In Pari Delicto
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Hirsch v. Arthur Anderson & Company, 72 F.3d 1085 (2nd Cir. 1995)
In re Bennett Funding Group, Inc., 366 F.3d 94 (2nd Cir. 2003)
In re Jack Greenberg, Inc., 240 B.R. 486 (Bankr. E.D. Pa. 1999)
Marwil v. Ent & Imler CPA Group, PC, 2004 WL 2750255 (S.D. Ind. Nov. 24, 2004)
Quilling v. Cristell, 2006 WL 316981 (W.D.N.C. 2006)
Scholes v. Lehmann, 56 F.3d 750 (7th Cir. 1995)
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Consideration
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See Fraudulent Conveyances
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Contempt
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Am. Fletcher Mortgage Co. v. Bass, 688 F.2d 513 (7th Cir. 1982)
Central States Pension Fund v. Wintz Properties, 155 F.3d 868 (7th Cir. 1998)
Chicago Truck Drivers v. Brotherhood Labor Leasing, 207 F.3d 500 (8th Cir. 2000)
Chadwick v. Janecka, 312 F.3d 597 (3rd Cir. 2002)
CFTC v. Armstrong, 284 F.2d 406 (2nd Cir. 2002)
CFTC v. Premex, Inc., 655 F.2d 779 (7th Cir. 1981)
CFTC v. Wellington Precious Metals, 950 F.2d 1525 (11th Cir. 1992)
Electrical Workers Pension Trust Fund v. Gary’s Electric Service Co., 340 F.3d 373 (6th Cir. 2003)
Fed. R. Civ. Pro. R. 65, 70 and 71
FTC v. Affordable Media, LLC, 179 F.3d 1228 (9th Cir. 1999)
FTC v. Cleverlink Trading Ltd., 2006 WL 1735276 (N.D.Ill. 2006)
Goya Foods, Inc. v. Wallack Mgmt. Co., 290 F.3d 63 (1st Cir. 2002)
In re Lawrence, 279 F.3d 1294 (11th Cir. 2002) (“Lawrence”)
McComb v. Jacksonville Paper Co., 336 U.S. 187 (1949)
Roman v. Korson, 307 F.Supp.2d 908 (W.D.Mich. 2004)
SEC v. Homa, 2004 WL 1093492, (N.D.Ill. 2004)
SEC v. Homa, 2000 WL 1700139 (N.D. Ill. Nov. 13, 2000)
Shakman v. Democratic Organization of Cook County, 533 F.2d 344, (7th Cir. 1976)
Steffen v. Gray, Harris & Robinson, 283 F.Supp.2d 1272 (M.D.Fla. 2003)
Stotler and Co. v. Able, 870 F.2d 1158 (7th Cir. 1989)
United States v. Asay, 614 F.2d 655 (9th Cir. 1980)
United States v. Barnette, 129 F.3d 1179 (11th Cir. 1997)
United States v. Chusid, 372 F.3d 113 (2d Cir. 2004)
Wright, Miller & Kane, Federal Practice & Procedure: Civil 2d, §2960
Wright, King & Klein, Federal Practice and Procedure: Criminal 3rd §705
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Corporate Veil, Piercing
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See Alter Ego
See Reverse-Piercing
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Deepening Insolvency
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Official Committee of Unsecured Creditors v. R. F. Lafferty & Co., Inc., 267 F.3d 340 (3rd Cir. 2001) |
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Disgorgement
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Commodity Futures Trading Comm’n v. Kimberlynn Creek Ranch, Inc., 276 F.3d 187 (4th Cir. 2002)
SEC v. Blavin, 760 F.2d 706 (6th Cir. 1985)
SEC v. First Jersey Sec., Inc., 101 F.3d 1450 (2d Cir. 1996)
SEC v. Huffman, 996 F.2d 800 (5th Cir. 1993)
SEC v. Elliott, 953 F.2d 1560 (11th Cir. 1992)
SEC v. Tome, 883 F.2d 1086 (2d Cir. 1987)
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Distribution Plans
Appealability
Due Process
Fair and Equitable
Objection after funds distributed
Out of Pocket losses
Powers of Court
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See Appeal
SEC v. Basic Energy & Affiliated Resources, Inc., 273 F.3d 6557 (6th Cir. 2001)
SEC v. Elliott, 953 F.2d 1560 (11th Cir. 1992)
SEC v. Basic Energy & Affiliated Resources, Inc., 273 F.3d 657, 670-71 (6th Cir. 2001)
U.S.A. v. Fairway Capital Corporation, 433 F.Supp.2d 226 (D.R.I., 2006)
SEC v. Wozniak 33 F.3d 13 (3d Cir. 1994)
SEC v. Certain Unknown Purchasers of the Common Stock of and Call Options for the Common Stock of Santa Fe International Corporation, 817 F.2d 1018 (2d Cir. 1987)
SEC v. Elliott, 953 F.2d 1560 (11th Cir. 1992)
SEC v. Forex Asset Mgmt. LLC, 242 F.3d 325 (5th Cir. 2001)
SEC v. Hardy, 803 F.2d 1034 (9th Cir. 1986)
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Equitable Powers of Court (in Receivership)
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SEC v. Basic Energy & Affiliated Resources, Inc., 273 F.3d 657 (6th Cir. 2001)
SEC v. Hardy, 803 F.2d 1034 (9th Cir. 1986)
SEC v. Lincoln Thrift Ass’n, 577 F2d 6008 (9th Cir. 1978)
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Fraud/Fraudulent Conveyances
Charitable Contributions
Consideration
General
Investor, Payment in Excess of Investment
Transfer
Spouse
Proof of Intent
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Scholes v. Lehmann, 56 F.3d 750 (7th Cir. 1995)
Stenger v. World Harvest Church, 2006 WL 870310 (N.D.Ga. 2006)
In re Chomakos, 69 F.3d 769 (6th Cir. 1995)
Scholes v. Lehmann, 56 F.3d 750 (7th Cir. 1995)
Stenger v. World Harvest Church, 2006 WL 870310 (N.D.Ga. 2006)
Tcherepnin v. Franz, 485 F.2d 1251 (7th Cir. 1973)
Terry v. June, 432 F.Supp.2d 635 (W.D.Va. 2006)
In re: Unified Commercial Capital, 2002 WL 32500567 (W.D.N.Y. Jun. 21, 2002)
Quilling v. Cristell, 2006 WL 316981 (W.D.N.C. 2006)
Stenger v. Rogers, 2006 WL 449151 (N.D.Ga. 2006)
Stenger v. World Harvest Church, 2006 WL 870310 (N.D.Ga. 2006)
Tcherepnin v. Franz, 485 F.2d 1251 (7th Cir. 1973)
Terry v. Dowdell, 2006 WL 2360933 (W.D.Va. 2006)
Terry v. June, 432 F.Supp.2d 635 (W.D.Va. 2006)
Scholes v. Lehmann, 56 F.3d 750 (7th Cir. 1995)
Terry v. June, 432 F.Supp.2d 635 (W.D.Va. 2006)
Chepstow Ltd. v. Hunt, 381 F.3d 1077 (11th Cir. 2004)
Spouse Scholes v. Lehmann, 56 F.3d 750 (7th Cir. 1995)
Stenger v. Rogers, 2006 WL 449151 (N.D.Ga. 2006)
In re Slatkin, 310 B.R. 740 (Bankr. C.D. Cal. 2004)
Quilling v. Cristell, 2006 WL 316981 (W.D.N.C. 2006)
Terry v. Dowdell, 2006 WL 2360933 (W.D.Va. 2006)
Terry v. June, 432 F.Supp.2d 635 (W.D.Va. 2006)
Warfield v. Alaniz, 2006 WL 2190563 (D.Ariz. 2006)
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Freeze Orders, Violation of
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See Contempt
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Indemnification of Receiver
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See Liabilit/Indemnificationy of Receiver
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In Pari Delicto
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See Clean Hands/In Pari Delicto
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Intervention
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Commodity Futures Trading Comm’n v. Heritage Capital Advisory Servs., Ltd., 736 F.2d 384 (7th Cir. 1984)
SEC v. Homa, 2001 WL 939080 (7th Cir. Aug. 17, 2001)
SEC v. Wozniak, 33 F.3d 13 (3d Cir. 1994)
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Jurisdiction (Appellate)
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In re Pressman-Gutman Co., Inc., 459 F.3d 383 (3d Cir. 2006)
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Jurisdiction (Personal)
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Alexander v. Hillman, 296 U.S. 222 (U.S. 1935)
FTC v. Cleverlink Trading Ltd., 2006 WL 1735276 (N.D.Ill. 2006)
Haile v. Henderson Nat. Bank, 657 F2d 816 (6th Cir. 1981)
In re Schwinn Bicycle Co., 190 B.R. 599 (Bankr. N.D. Ill. 1995)
Quilling v. Cristell, 2006 WL 316981 (W.D.N.C. 2006)
Quilling v. Stark, 2006 WL 1683442 (N.D.Tex. 2006)
SEC v. Bilzerian, 378 F.3d 1100 (D.C. Cir. 2004)
SEC v. Infinity Group Co., 27 F. Supp. 2d 559 (E.D. Pa. 1998)
SEC v. Tanner, 2006 WL 1128699 *2 (D.Kan. 2006)
Terry v. Walker, 369 F.Supp.2d 818 (W.D.Va.)
U.S. Small Business Administration v. Integrated Environmental Solutions, Inc., 2006 WL 2336446 (S.D.Tex. 2006)
U.S. Small Business Admin.istration, as Receiver for Acorn Technology Fund, L.P. v. Peter E. Chimicles, 2004 WL 2223304 (E.D. Pa. Sep. 22, 2004)
Warfield v. Alaniz, 2006 WL 2190563 (D.Ariz. 2006)
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Laches
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Warfield v. Alaniz, 2006 WL 2190563 (D.Ariz. 2006)
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Liability/Indemnification of Receiver
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FTC v. 3R Bancorp., 2006 WL 2191317 (N.D.Ill. 2006)
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Officer of Court (Receiver)
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Holland v. Sterling Enterpirses, Inc., 777 F.2d 1288 (7th Cir. 1985)
Terry v. June, 432 F.Supp.2d 635 (W.D.Va. 2006)
Warfield v. Alaniz, 2006 WL 2190563 (D.Ariz. 2006)
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Ponzi/Pyramid Scheme Defined
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In re Fin. Fed. Title & Trust Inc., 309 F.3d 1325, 1327n.2. (11th Cir. 2002)
Stenger v. Rogers, 2006 WL 449151 (N.D.Ga. 2006)
Stenger v. World Harvest Church, 2006 WL 870310 (N.D.Ga. 2006)
U.S. v. Orton, 73 F.3d 331, 332n.2. (11th Circ. 1996)
Warfield v. Alaniz, 2006 WL 2190563 (D.Ariz. 2006)
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Repatriation
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FTC v. Affordable Media, LLC, 179 F.3d 1228 (9th Cir. 1999)
FTC v. Think Achievement Corp., 144 F. Supp. 2d 1029 (N.D. Ind. 2000)
In Re Lawrence, 227 B.R. 907 (Bankp. S.D. Fla. 1998)
Steffen v. Gray, Harris & Robinson, 283 F.Supp.2d 1272 (M.D.Fla. 2003)
See also “Contempt”
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Reverse Piercing of the Corporate Veil
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Acree v. McMahan, 585 S.E.2d 873 (Ga. 2003)
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Turnover Order, Violation of
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See Contempt
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Sale of Assets Free of Liens
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Broadway Trust Co. v. Dill, 17 F.2d 486 (3rd Cir. 1927)
Mellen v. Moline, 131 U.S. 352
Milk Products Co., Inc., et al., 21 F.2d 414 (2nd Cir. 1927)
Spreckets v. Spreckels Surgar Corp. et al, 79 F2d 332 (2nd Cir. 1935)
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Setoffs
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United States v. Ariz. Fuels Corp., 739 F.2d 455 (9th Cir. 1984)
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Standing
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Am. Tissue, Inc. v. Donaldson, Lufkin & Jenrette Sec. Corp., 351 F. Supp. 2d 79 (S.D.N.Y. 2004)
In re Cendant Corp. Sec. Litig., 404 F.3d 173 (3d. Cir. 2005)
In re Jack Greenberg, Inc., 240 B.R. 486 (Bankr. E.D. Pa. 1999)
In re First Cent. Fin.l Corp. v. Simon, 269 B.R. 502 (Bankr. E.D.N.Y. 2001)
Fisher v. Apostolou, 155 F.3d 876 (7th Cir. 1998)
Kusner v. First Penn. Corp., 74 F.R.D. 606 (E.D. Pa. 1977)
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| Standing of Receiver |
Quilling v. Cristell, 2006 WL 316981 (W.D.N.C. 2006)
Scholes v. Lehmann, 56 F.3d 750 (7th Cir.: 1995)
Warfield v. Alaniz, 2006 WL 2190563 (D.Ariz. 2006)
Stenger v. World Harvest Church, 2006 WL 870310 (N.D.Ga. 2006)
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Statue of Limitations/Repose
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Am. Standard Credit, Inc. v. National Cement Co., 643 F.2d 248 (5th Cir. 1981)
Quilling v. Cristell, 2006 WL 316981 (W.D.N.C. 2006)
Resolution Trust Corp. v. Chapman, 895 F. Supp. 1072 (C.D. Ill. 1995)
Stenger v. World Harvest Church, 2006 WL 870310 (N.D.Ga. 2006)
Warfield v. Alaniz, 2006 WL 2190563 (D.Ariz. 2006)
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Stay of Actions During Receivership
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Barton v. Barber, 104 U.S. 126 (1881)
Carter v. Rodgers, 220 F.3d 1249 (11th Cir. 2000) cert. denied, 531 U.S. 1077 (2001)
Gilchrist v. Gen. Elec. Capital Corp., 262 F.3d 295 (4th Cir. 2001)
SEC v. Wencke, 622 F.2d 1363 (9th Cir. 1980)
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Summary Proceedings (In General)
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Commodity Futures Trading Comm’n v. Heritage Capital Advisory Servs., Inc., 736 F.2d 384 (7th Cir. 1984)
SEC v. Basic Energy & Affiliated Resources, Inc., 273 F. 3d 657 (6th Cir. 2001)
SEC v. Elliott, 953 F2d 1560 (11th Cir. 1992)
SEC v. Homa, 2001 WL 939080 (7th Cir. Aug. 17, 2001)
United States v. Ariz. Fuels Corp., 739 F.2d 455 (9th Cir. 1984)
Warfield v. Alaniz, 2006 WL 2190563 (D.Ariz. 2006)
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Venue, Actions by Receiver
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Hodson v. Gilmartin, 2006 WL 2707397 (E.D.Pa. 2006)
Scholes v. Lehmann, 56 F.3d 750 (7th Cir. 1995)
Tcherepnin v. Franz, 489 F. Supp. 43 (N.D. Ill. 1980)
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Venue, Transfer of
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Hodson v. Gilmartin, 2006 WL 2707397 (E.D.Pa. 2006)
SEC v. Bilzerian, 378 F.3d 1100 (D.C. Cir. 2004)
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Fed. R. Civ. Pro. R. 72
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See Pleading and Practice
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28 U.S.C. § 754 (General)
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Am. Freedom Train Found. v. Spurney, 747 F.2d 1069 (1st Cir. 1984)
Gilchrist v. Gen. Elec. Capital Corp., 262 F.3d 295 (4th Cir. 2001)
Haile v. Henderson Nat. Bank, 657 F2d 816 (6th Cir. 1981) cert. Denied 455 U.S. 949
Quilling v. Cristell, 2006 WL 316981 (W.D.N.C. 2006)
Quilling v. Stark, 2006 WL 1683442 (N.D.Tex. 2006)
Scholes v. African Enter., Inc., 854 F. Supp. 1315 (N.D. Ill. 1994)
Scholes v. Lehmann, 56 F.3d 750 (7th Cir. 1995)
SEC v. Bilzerian, 378 F.3d 1100 (D.C. Cir. 2004)
SEC v. Heartland Group, Inc., 2003 WL 21000363 (N.D. Ill. May 2, 2003)
SEC v. Tanner, WL 1128699, *2 (D.Kan. 2006)
SEC v. Vision Communications, Inc., 1996 WL 680229 (D.C. Cir. Oct. 23, 1996)
Tcherepnin v. Franz, 489 F. Supp. 43 (N.D. Ill. 1980)
Terry v. June, 2005 WL 1163103 (W.D. Va. Apr. 5, 2005)
Terry V. Walker, 369 F.Supp.2d 818 (W.D.Va)
United States v. Ariz. Fuels Corp., 739 F.2d 455 (9th Cir. 1984)
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28 U.S.C. § 754 (Reappointment)
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Quilling v. Cristell, 2006 WL 316981 (W.D.N.C. 2006)
Quilling v. Stark, 2006 WL 1683442 (N.D.Tex. 2006)
SEC v. Heartland Group, Inc., 2003 WL 21000363 (N.D. Ill. May 2, 2003)
SEC v. Tanner, 2006 WL 1128699, *2 (D.Kan. 2006)
SEC v. Vision Communications, Inc., 1996 WL 680229 (D.C. Cir. Oct. 23, 1996)
Terry v. June, 2005 WL 1163103 (W.D. Va. Apr. 5, 2003)
Terry v. Walker, 369 F.Supp.2d 818 (W.D.Va.)
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28 U.S.C. § 1692
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Am. Freedom Train Found. v. Spurney, 747 F.2d 1069 (1st Cir. 1984)
Haile v. Henderson Nat. Bank, 657 F2d 816 (6th Cir. 1981)
Quilling v. Cristell, 2006 WL 316981 (W.D.N.C. 2006)
Quilling v. Stark, 2006 WL 1683442 (N.D.Tex. 2006)
SEC v. Tanner, 2006 WL 1128699, *2 (D.Kan. 2006)
Terry v. June, 2005 WL 1163103 (W.D. Va. Apr. 5, 2003)
Terry v. Walker, 369 F.Supp.2d 818 (W.D.Va.)
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