Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-1_16-cv-00344/USCOURTS-caed-1_16-cv-00344-9/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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UNITED STATES DISTRICT COURT

EASTERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE 

COMMISSION,

Plaintiff,

v.

BIC REAL ESTATE DEVELOPMENT 

CORPORATION and DANIEL R. 

NASE, individually and d/b/a 

BAKERSFIELD INVESTMENT CLUB,

Defendants,

BIC SOLO 401K TRUST and 

MARGARITA NASE,

Relief Defendants.

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

SUPPLEMENTAL ORDER IN AID OF 

RECEIVERSHIP 

The Motion of Receiver, David P. Stapleton (the "Receiver"), the Courtappointed Receiver for Defendants BIC Real Estate Development Corporation and 

Case 1:16-cv-00344-DAD-JLT Document 58 Filed 05/06/16 Page 1 of 3
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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"), for a Supplemental Order in Aid of Receivership (the "Motion") and any 

response(s) thereto having been considered by the Court, this Court ORDERS as 

follows:

1. The Motion is GRANTED, in its entirety;

2. The Court AUTHORIZES the Receiver to implement his proposed 

procedures to protect the privacy of investors in the Receivership Entities, including;

a. Whenever a certificate of service contains addresses of 

Receivership Entity investors ("Investors"), using only the first initial and last 

name of any Investor, and redacting the street address before filing with the 

Court;

b. Redacting any documents containing Investor email addresses 

before filing with the Court;

c. If and when a proof of claim form is devised for the filing of 

claims by creditors in this case, including by Investors, and should any claim 

objection be filed, redacting the last four digits of any EIN (federal employer 

identification number) or social security numbers. Similarly, the Receiver 

will redact personal account identifiers and the names of minor children, if 

known, before any document is filed with the Court;

3. The Court AUTHORIZES the Receiver to use a receivership-specific 

website, www.bicreceivership.com, and email, to provide information about the 

receivership case and to provide notice of filings and other material developments to 

all interested parties, in conjunction with, or in addition to, electronic notices, as 

detailed in the concurrently-filed Memorandum of Points and Authorities; and

4. The Court AUTHORIZES the Receiver to administer the receivership 

in accordance with generally accepted bankruptcy principles, as detailed in the 

Case 1:16-cv-00344-DAD-JLT Document 58 Filed 05/06/16 Page 2 of 3
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Memorandum of Points and Authorities filed in support of the Motion, and 

AUTHORIZES the Receiver to submit interim reports and applications for interim 

payment of fees and reimbursement of expenses approximately every 90 to 120 

days.

IT IS SO ORDERED.

Dated: May 6, 2016 /s/ Lawrence J. O’Neill _____ 

UNITED STATES CHIEF DISTRICT JUDGE

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