Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-1_16-cv-00344/USCOURTS-caed-1_16-cv-00344-17/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:78m(a) Securities Exchange Act

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1

UNITED STATES DISTRICT COURT

FOR THE EASTERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE 

COMMISSION,

 Plaintiff, 

 v. 

BIC REAL ESTATE DEVELOPMENT CORP., 

et al.,

 Defendants.

1:16-CV-344-LJO-JLT

ORDER RE RECEIVER’S 

SUPPLEMENTAL STATUS REPORT

On August 3, 2016, the Court-appointed Receiver requested that the Court order: (1) 

LendingClub.com to turn over to the Receiver all funds held in Defendant Daniel Nase’s Lending Club 

Account (ending in 1059) and (2) reaffirming the Receiver’s exclusive authority and control over BIC 

Real Estate Corporation’s Lending Club Account (ending in 7613) and directing LendingClub.com to 

comply with all instructions from the Receiver and his staff.

There being no objection from Defendants, the Court GRANTS the Receiver’s requests, as 

outlined more fully in his August 3, 2016 supplemental status report (Doc. 85). 

IT IS SO ORDERED.

Dated: August 16, 2016 /s/ Lawrence J. O’Neill _____ 

UNITED STATES CHIEF DISTRICT JUDGE

Case 1:16-cv-00344-DAD-JLT Document 86 Filed 08/17/16 Page 1 of 1