Archived Events and News

Event Name 
Court Holds Evidentiary Hearing Regarding TOH Properties
Shereshevsky Relatives Raise Objections with Court on Commerce Center Property
Receiver’s Efforts On Brooklyn Condos Add Over $3 million to Receivership Estate
Defendant Shereshevsky Sentenced to 21 Years and 10 Months in Prison
Court Postpones Byers' Sentencing Hearing Until October 27, 2010
Appeals Court Postpones Date for Oral Argument In Malek Appeal Until July 2010
Receiver Files Motion to Confirm Plan of Sale for 47 Dean Street Condominium Units
Court Approves Settlement Agreement with Broadway Bank for Cash Payment to the Receivership and Extinguishment of Appeal and Creditor Claim
Receiver Files Motion Seeking to Relinquish Interests in the 45 S Washington Property
Transcript from April 13, 2010 Plea Hearing for Steven Byers
Receiver Files Motion for Court Approval of New Lease on Interstate Park Property
Appeals Court Sets Date for Oral Argument of Investor's Appeal of Plan of Distribution
Appeals Court Grants Investor's Motion to Stay Distributions to Victims
Receiver's Fourth Interim Report
Receiver and SEC File Briefs in Plan of Distribution Appeal
*IMPORTANT* Appeals Court Temporarily Blocks Mailing of Distribution Checks After Investor Files Emergency Motion
Receiver Announces First Interim Distribution to Victims
Court Issues Decisions Resolving Outstanding Claims and Denying Motion to Stay Distribution of Assets
Receiver and SEC File Oppositions to Motion to Stay the Distribution of Assets
Investor Files Motion to Stay the Distribution of Assets Pending Appeal
Notice of Consensual Resolution Regarding Belle Meade Property
Receiver Files Motion to Confirm Sale of North York Road Property
Receiver Files Motion to Confirm Sale of West Bearden Property
Transcript of September 24, 2009 Claims Hearing
Broadway Bank Files Notice of Appeal Challenging Court's Denial of its Motion to Intervene
Appeals Court Extends Briefing and Argument Deadlines for Plan of Distribution Appeal
Court Holds Hearing on September 24, 2009 to Resolve Outstanding Active Claims Disputes
*IMPORTANT NOTICE* - Court reschedules outstanding claims hearing to Thursday, September 24, 2009
The Receiver and the SEC Respond Separately to the Court's August 18, 2009 Order Regarding Professional Fees
Receiver Files Motion for Court Approval of Lease Extension on Hammond Property
Receiver Files Statement and Evidentiary Support Regarding Outstanding Active Claims Disputes
Second Circuit Sets Date for Oral Argument in Unofficial Creditors Committees' Appeal
Four Interested Parties Appeal the Court's Ruling on the Plan of Distribution
Receiver Files Motion for Court Approval of Settlement Agreement with the Division Parties
Court Sets Hearing Date and Procedure for Resolution of Outstanding Claims Disputes
Responses Due on Receiver’s Determination on Claim Letter Disputes
Receiver Files Fourth Interim Report
U.S. Attorney's Office Files Superseding Indictment Against Wextrust Defendants
Court Grants the Receiver's Motion to Relinquish the Park View Hotel
Court Extends Deadline for Resolving Outstanding Investor and Creditor Claims Disputes
Court issues ruling on the Receiver's Proposed Plan of Distribution
Court Grants the Receiver's Motion to Approve Lease Extension on Workman Road Property
Court Denies Defendant Shereshevsky's Request to Stay Civil Proceedings
Receiver Posts Updated Information for Wextrust Creditors
Receiver Files Motion Seeking to Relinquish Interests in the Park View Hotel
Receiver Files Motion Seeking Approval of Lease Extension on Workman Road Property
Court Extends Deadlines for Submitting and Validating Claims of Investors and Creditors
Receiver Files Motion to Hold Individual in Contempt of the Court's Orders
Receiver Responds to Supplemental Objections to Proposed Plan of Distribution
Briefing Complete in Unofficial Creditors Committees' Appeal
Receiver Posts Claims Information for Creditors
Receiver Files Motion to Relinquish Interests in the Hamptons of Hinsdale Property
Court Approves Receiver and Dewey & LeBoeuf's Third Interim Fee Application
National Futures Association Files Complaint Against the Wextrust Commodity Funds' Former Managers
SEC Submits Letter to Court Discussing CFTC Staff's Decision Not to Appear in Case
Transcript of May 21, 2009 Hearing
Auction of Norfolk Office Personalty Extended Through May 22.
Reminder: Auction of Norfolk Office Personalty Closes May 13, 2009.
Receiver Files Third Interim Report
Receiver Responds to Objections to Plan of Distribution
Information for Mortgage Holders
Court Approves Relinquishment of Crowne Plaza Phoenix and Wyndham Drake Properties.
Court Grants Extension for Receiver's Response until May 11, 2009
Court Schedules Hearing to Discuss the Receiver's Proposed Plan of Distribution on May 21, 2009
Court Denies Shereshevsky's Request for Bail Modification
Court Schedules Hearing to Discuss the Receiver's Proposed Plan of Distribution on May 29, 2009
Shereshevsky Requests Bail Modification
Receiver Holds Town Hall Meeting in Chesapeake, Virginia.
Notice of Objections to Receiver's Proposed Plan of Distribution
Investor Town Hall Meeting Scheduled From 3 p.m. to 5 p.m. on April 23, 2009 in Chesapeake, VA.
Court Approves Receiver's Request for Two Week Extension of Objection Deadline for Receiver's Proposed Plan of Distribution
Receiver Holds Town Hall Meeting in Jerusalem
Frequently Asked Questions Regarding the Receiver's Plan of Distribution
Court Issues Orders Confirming Sale of Bax Realty Property and Relinquishment of Hilltop and Homer Glen Properties
Receiver Files Proposed Plan of Distribution
Jerusalem Town Hall Meeting, April 2, 2009
Wextrust Receivership Investor Town Hall Meetings - Rescheduled
IRS Provides Guidance to Help Taxpayers Who are Victims of Ponzi-Type Investment Schemes
Receiver Responds to Objections to Motion to Relinquish Interests in Wyndham Drake and Crowne Plaza Phoenix Hotels
Receiver Files Motion to Relinquish the Hilltop Apartments and Homer Glen Properties
Receiver Files Motion to Confirm Sale of Bax Realty Property
Appeals Court Sets Schedule for Wextrust Unofficial Creditors Committees' Interlocutory Appeal
Certain Commodities Fund Investors File Notice of Appeal to the Second Circuit
Receiver Files Motion to Relinquish Interests in the Wyndham Drake and Crowne Plaza Phoenix Properties.
Court Approves Second Interim Fee Applications for the Receiver, Deloitte, and Dewey & LeBoeuf LLP
Court of Appeals Denies Wextrust Unofficial Creditors Committees' Motion for Expedited Appeal
Receiver Files Fee Application for Fees and Expenses from September 1, 2008 through September 31, 2008
Receiver Files Second Interim Report
Deloitte Files Application for Compensation and Reimbursement for Services Rendered from August 12, 2008 through September 30, 2008
Receiver Requests Court Approval to Relinquish Interests in Certain Residential Realty
Notice of Monday, February 9, 2009 Hearing
PAM Liquidation Update
Court Issues Series of Decisions Denying Requests to Modify the Amended Receiver Order
Receiver Files Plan for Management of Wextrust Real Estate Portfolio
Judge Modifies Byers' Bail Conditions
Africa Update - November 24, 2008
Court Approves First Monthly Fee Application
SEC Files Statement in Support of Receiver's First Interim Fee Application
Receiver Responds to Objections to First Joint Monthly Fee Application
Judge Chin Issues a Decision on the Motion to Amend the Preliminary Injunction Order
Notice of Monday, December 22 Hearing
Receiver Responds to Objections Relating to Hammond Outlots Sale
Court Approves Settlement Agreement with Broadway Bank for Cash Payment to the Receivership and Extinguishment of Appeal and Creditor Claim
Letter to Judge Chin Regarding Receiver's Proposed Motion Relating to Rogers Plaza Property
Receiver's Motions for Court Approval of Hammond and Repton Sales
Notices of Receiver's Proposed Motions for Court Approval
Lawrence Costa Files Motion to Amend Receivership Order
Conferences in Civil and Criminal Cases Held on November 14, 2008
Receiver and Attorneys File First Joint Fee Application
First Interim Report of Receiver Filed November 7, 2008
Motion of International Ad-Hoc Committee of Wextrust Creditors Objecting to Entry and Seeking Modification of Preliminary Injunction, and Opposition to Motion by Receiver and SEC
Park View Hotel Marketed to Potential Buyers
Wextrust Receivership Investor Town Hall Meeting, November 10, 2008
Transcript of October 23, 2008 Hearing Before Judge Denny Chin, United States District Court for the Southern District of New York
Court Grants Preliminary Injunction, Next Conference Scheduled for November 14, 2008
Court Again Extends Time for Government to Indict Byers and Shereshevsky
Revised Africa Update
Victim/Witness Notification List Update
Bail Review Hearing for Shereshevsky Scheduled for November 3, 2008
Additional Court Papers Added to Site
Correction of Inaccurate Information Regarding Wextrust Chicago Hotel
Defendants Agree to Proposed Order on Consent/Committees and Investor Seek Amendments to the Order Appointing Receiver/Committees Object to Terms in Proposed Order on Consent
Judge Chin's Remarks to Victims on Sept. 18, 2008
Court Grants More Time For Government To Indict Byers And Shereshevsky
Receiver Files Emergency Application in South African Court Seeking Legal Recognition and Immediate Access to Evidence
A preliminary injunction hearing has been scheduled for October 23, 2008 at 10:00 AM before Judge Denny Chin, United States District Court for the Southern District of New York
Information on Tax Issues, Including Schedule K-1 and Form 8082
Receiver Holds Series of Investor Town Hall Meetings
SEC Charges Defendants in $255 Million Ponzi-Type Scheme Involving Wextrust Capital, LLC and Other Wextrust Entities
Court Order Freezing Elka Shereshevsky's Assets
September 11, 2008 Amended Court Order Appointing Temporary Receiver
September 11, 2008 Letter from Timothy J. Coleman, Temporary Receiver for the Wextrust Entities, to Investors
Court Approves First Monthly Fee Application