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S.E.C. v. MADISON REAL ESTATE GROUP, LLC

Case No. 2:08-cv-00243 CW.

647 F.Supp.2d 1271 (2009)

SECURITIES and EXCHANGE COMMISSION, Plaintiff, v. MADISON REAL ESTATE GROUP, LLC, et al., Defendants.

United States District Court, D. Utah, Central Division.

August 13, 2009.

Attorney(s) appearing for the Case

Karen L. Martinez, Thomas M. Melton, Securities and Exchange Commission, Salt Lake City, UT, for Plaintiff.

Jennifer A. James, Neil A. Kaplan, Clyde Snow & Sessions, Paul T. Moxley, Parsons Kinghorn Harris, Salt Lake City, UT, for Defendants.

MEMORANDUM DECISION AND ORDER

CLARK WADDOUPS, District Judge.

This matter is before the court on motions to lift stay filed by Interveners Fannie Mae, Midland Loan Services, Inc. ("Midland") and Crown NorthCorp, Inc. ("Crown NorthCorp") (collectively the "Interveners") so they may foreclose on properties held in a receivership and pursue deficiency judgments. The Securities and Exchange Commission ("SEC")...

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