Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-1_16-cv-00344/USCOURTS-caed-1_16-cv-00344-15/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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1049121.01/LA

UNITED STATES DISTRICT COURT

EASTERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE 

COMMISSION,

Plaintiff,

v.

BIC REAL ESTATE DEVELOPMENT, 

CORP., et al.,

Defendants.

Case No. 1:16-cv-00344-LJO-JLT

STIPULATED ORDER MODIFYING 

PRELIMINARY INJUNCTION TO 

REMOVE PROPERTIES

Judge: Hon. Lawrence J. O'Neill

The Court has reviewed and considered the Stipulation to Modify Preliminary 

Injunction to Remove Properties entered into by and between (1) the plaintiff 

Securities and Exchange Commission; (2) Defendant Daniel Nase; and (3) David P. 

Stapleton (the "Receiver"), the permanent receiver for Defendant BIC Real Estate 

Development Corporation and its subsidiaries and affiliates, including but not 

limited to WM Petroleum; Target Oil & Gas Drilling, Inc.; Tier 1 Solar Power 

Company, Tier 1 Solar Power Company, LLC; and Home Sweet Holdings

(collectively, the "Receivership Entities"). Good cause appearing therefor, the 

Court ORDERS as follows:

Case 1:16-cv-00344-DAD-JLT Document 82 Filed 07/26/16 Page 1 of 2
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1049121.01/LA -2-

1. The property located at 9633 Staffordshire Way, Bakersfield, CA shall 

be released from the asset freeze imposed by the Court's April 8, 2016 

Stipulated Preliminary Injunction and Orders (1) Freezing Assets, and 

(2) Appointing a Permanent Receiver (the "Preliminary Injunction");

2. The property located at 1024 Bernard Street, Bakersfield, CA shall be 

released from the asset freeze imposed by the Preliminary Injunction; 

and

3. All other provisions of the Court's prior orders remain in full force and 

effect.

IT IS SO ORDERED.

Dated: July 26, 2016 /s/ Lawrence J. O’Neill _____ 

UNITED STATES CHIEF DISTRICT JUDGE

Case 1:16-cv-00344-DAD-JLT Document 82 Filed 07/26/16 Page 2 of 2