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CFTC v. RICHWELL INTERN., LTD.

No. C-93-3494 EFL.

163 B.R. 161 (1994)

COMMODITIES FUTURES TRADING COMMISSION, Plaintiff, v. RICHWELL INTERNATIONAL, LTD., a Hong Kong corporation, Richwell International Consultants (USA) Inc., a California corporation, Edmond Hon, Alan Suen, Anthony Chan, Defendants.

United States District Court, N.D. California.

January 14, 1994.

Attorney(s) appearing for the Case

Eric S. Hill, Commodity Futures Trading Com'n, Los Angeles, CA, for plaintiff.

Dean M. Gloster, Farella, Braun & Martel, San Francisco, CA, for defendants.

ORDER ADOPTING RECEIVER'S ASSET DISTRIBUTION PLAN

LYNCH, District Judge.

The Court heard the motion to adopt the receiver's asset distribution plan on December 10, 1993. The plan can be summarized as follows:

1. First, to pay pro rata out of both customer property and general property the expenses of administration of the receivership estate as approved by the Court.

2. Second, to distribute remaining customer property to existing...

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