Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_05-cv-01195/USCOURTS-cand-3_05-cv-01195-2/pdf.json

Nature of Suit Code: 890
Nature of Suit: Other Statutory Actions
Cause of Action: 15:631 Small Business Act

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28 C05-1195 EMC - ORDER APPROVING THE FORM AND MANNER OF NOTICE TO

CLAIMANTS AND ESTABLISHING A CLAIMS BAR DATE

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KEVIN V. RYAN, CA NO. 118321

United States Attorney

JOANN M. SWANSON, CA NO. 88143

Chief, Civil Division

EDWIN L. JOE, CA NO. 112328

Special Assistant U.S. Attorney

 

 455 Market Street, Sixth Floor

 San Francisco, CA 94105

 Telephone: (415) 744-8494

 Facsimile: (415) 744-6812

 edwin.joe@sba.gov

Attorneys for Plaintiff

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

UNITED STATES OF AMERICA, ) E-Filing

)

Plaintiff, ) Case No: C05-1195 EMC

)

) HON. EDWARD M. CHEN

v. )

)

MILEPOST VENTURES, L.P. ) Date: Feb. 15, 2006

) Time: 10:30 AM

Defendant. ) Ctrm: C, 15th Floor

______________________________) 450 Golden Gate Ave., SF, CA

ORDER APPROVING THE FORM AND MANNER OF NOTICE TO

CLAIMANTS AND ESTABLISHING A CLAIMS BAR DATE

Upon full consideration of the Motion of the U.S. Small Business Administration as

Receiver for Milepost Ventures, L.P. for an Order Approving the Form and Manner of Notice to 

Claimants and Establishing a Claims Bar Date, filed by the U.S. Small Business Administration, 

Receiver (“Receiver”) for Milepost Ventures, L.P. ("Milepost"), and this Court being duly 

advised as to the merits,

IT IS HEREBY ORDERED THAT:

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28 C05-1195 EMC - ORDER APPROVING THE FORM AND MANNER OF NOTICE TO

CLAIMANTS AND ESTABLISHING A CLAIMS BAR DATE

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1. The Receiver's Motion for entry of an Order Approving the Form and Manner of 

Notice to Claimants and Establishing a Claims Bar Date is GRANTED;

2. Following the entry of this Order, the Receiver is ORDERED to send notice, 

substantially in the form set forth as Exhibit "A" hereto, via first-class mail, postage prepaid, to 

those persons or entities, other than the U.S. Small Business Administration and parties 

contracted or retained by the U.S. Small Business Administration as Receiver, which the 

Receiver has reason to believe are creditors, agents, former directors or officers, employees, 

partners, participant investors or lenders with Milepost, portfolio concerns or limited partners of 

Milepost, and to any other persons or entities who have, during the term of the receivership, 

asserted a claim (of whatever kind or merit) against Milepost, the receivership estate, or assets or 

funds in the possession of the Receiver;

3. The Receiver is further ORDERED to publish notice, substantially in the form set 

forth in Exhibit "A" hereto, once each week for two weeks in The Recorder and in The San 

Francisco Daily Journal, each of which is a newspaper of general circulation;

4. This Court further ORDERS that it finds that notice provided in the form and 

manner described in Paragraphs 2 and 3 of this Order is reasonable notice, under the 

circumstances, to persons or entities who may have claims against Milepost, the receivership 

estate, or assets or funds in the possession of the Receiver;

5. All persons or entities having claims against Milepost, or the receivership estate, 

or assets or funds in the possession of the Receiver, other than the U.S. Small Business 

Administration and parties contracted or retained by the U.S. Small Business Administration as 

Receiver, are ORDERED to file such claims in writing and in the form prescribed in paragraph 6 

of this Order, with the Receiver, c/o Richard Moser, Member, Phoenix Management Partners, 

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28 C05-1195 EMC - ORDER APPROVING THE FORM AND MANNER OF NOTICE TO

CLAIMANTS AND ESTABLISHING A CLAIMS BAR DATE

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LLC, Principal Agent for SBA, Receiver for Milepost Ventures, L.P., 666 11th Street, N.W., 

Suite 200, Washington, D.C. 20001, within thirty (30) days of the last day of notice by 

publication, which date will be stated in the mailed and published notices;

6. In setting forth a claim against Milepost, the receivership estate or assets or funds 

in the possession of the Receiver, all persons and entities are ORDERED to state in writing: (1) 

the full name and address and telephone number of the claimant; (2) the amount of the claim; (3) 

the specific grounds for each claim; and (4) the date on which the obligation was allegedly 

incurred by Milepost; and (5) to provide at the time of filing such written claims any and all 

documents or other materials which the claimant believes supports the claim or might assist the 

Receiver in evaluating the claim;

7. In the event that the Receiver recommends denial of any claim, it is ORDERED 

that the Receiver is authorized and directed to move for summary disposition of said claim(s) 

and to furnish a copy of the moving papers to the claimant(s); in such case the claimant may 

respond within 30 days, serving a copy of its response on the Receiver, and the Court will 

resolve said claim(s) expeditiously through a summary procedure that the Court will determine at 

that time; and

8. To give effect to the "claims bar date" established in Paragraph 5 of this Order, by 

which date claims must be filed or shall forever be barred, it is further ORDERED that any 

persons or entities, other than the U.S. Small Business Administration and parties contracted or 

retained by the U.S. Small Business Administration as Receiver, which fail to file a claim against 

Milepost, the receivership estate, or assets or funds in the possession of the Receiver, in the form 

and by the time and date required by this Order, shall be forever barred and permanently 

enjoined from asserting, pursuing or prosecuting any such claims, of any kind or nature, whether 

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14 Feb.

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORN

I

A

IT IS SO ORDERED

Judge Edward M. Chen

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28 C05-1195 EMC - ORDER APPROVING THE FORM AND MANNER OF NOTICE TO

CLAIMANTS AND ESTABLISHING A CLAIMS BAR DATE

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666 11th Street, N.W., Suite 200

Washington, D.C. 20001-4542

Telephone: (202) 272-3617

Facsimile: ( 202) 504-2247

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28 C05-1195 EMC - ORDER APPROVING THE FORM AND MANNER OF NOTICE TO

CLAIMANTS AND ESTABLISHING A CLAIMS BAR DATE

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NOTICE TO ALL CREDITORS OR CLAIMANTS OF

MILEPOST VENTURES, L.P.

By Order of the U.S. District Court for the Northern District of California, San Francisco 

Division, dated _________________, persons or entities who wish to assert a claim against 

Milepost Ventures, L.P. (“Milepost”) must do so by filing a written claim with the Receiver on 

or before [date thirty (30) days after last date of notice by publication]. All previously submitted 

claims against Milepost or its Receiver must be resubmitted in accordance with this Notice.

Milepost, a California limited partnership, is a Small Business Investment Company 

("SBIC") licensed by the U.S. Small Business Administration ("SBA"). Milepost has been in 

receivership since June 3, 2005 by Order of the Court identified above, entered in Case No. C05-

1195 EMC, U.S.A. v. Milepost Ventures, L.P.,

Any person or entity asserting a claim against Milepost or assets or funds in the hands of 

the Receiver, must do so in writing, and forward such claim to: 

SBA, Receiver for Milepost Ventures, L.P.

Richard Moser, Member

Phoenix Management Partners, LLC, Principal Agent 

666 11th Street, N.W., Suite 200

Washington, D.C. 20001-4542

Claims must be received no later than 5:00 p.m. E.S.T., [date thirty (30) days after last 

date of notice by publication].

Your claim must state: (1) the full name, address and telephone number of the claimant; 

(2) the amount of the claim; (3) the specific grounds for each claim; (4) the date on which the 

obligation was allegedly incurred by Milepost or the Receiver; and (5) must attach all other 

documents or materials which support the claim, or which the Receiver might require in 

evaluating the claim. If you fail to provide any of the specified information, your claim will be 

deemed incomplete and untimely.

Failure to present a complete and timely claim to the Receiver on or before (Date) will 

result in your claim being forever barred, and you will not thereafter be able to make a claim 

against Milepost, or any other assets or funds in the possession of the Receiver.

U.S. SMALL BUSINESS ADMINISTRATION

As Receiver for Milepost Ventures, L.P.

EXHIBIT A

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