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U.S. v. ESIC CAPITAL, INC.

Civ. No. JH-85-4779.

675 F.Supp. 1464 (1987)

UNITED STATES of America, Plaintiff, v. ESIC CAPITAL, INC., Defendant.

United States District Court, D. Maryland.

December 3, 1987.

Attorney(s) appearing for the Case

G. Brian Busey, Steven S. Rosenthal, and Morrison & Foerster, Washington, D.C.; and Claire M. Schenk, for Claims and Inv. Co. Liquidation, U.S. Small Business Admin., Washington, D.C.

George A. Bauer, III, Sharon Mirsky, and Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, for Vega Capital Corp.

Joel M. Savits, John May, Michael Canode and Jordan, Coyne, Savits & Lopata, Rockville, Md., for Kaufmann, Glosser & Greenburg, P.C. and Richard Kaufmann.

MEMORANDUM AND ORDER

JOSEPH C. HOWARD, District Judge.

On January 8, 1986, this Court entered a permanent receivership order in this case (Paper # 7), and the Court appointed the Small Business Administration ("SBA") as the receiver for ESIC Capital, Inc. ("ESIC"). (Paper # 7, para. 1 at 2). Pending before the Court is a motion to vacate the stay ordered in these proceedings.

The movants to vacate the stay are attorney Richard Kaufmann, and the law...

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