Below are relevant court filings for this case.
The Receiver has filed his Third Fee Application
for the period 7/1/19 - 9/30/19.
The Receiver has reached a tentative settlement in the Essex v. Garipalli matter
and has requested the court enter and order approving the settlement.
The Receiver has filed his response to the Motion to Lift the Stay Order
regarding the Penny Lane and Central Park properties.
Certain parties have filed a motion requesting the court to lift the Stay Order
regarding the Penny Lane and Central Park properties.
The Receiver has filed a Motion to Pursue Claims Against 915 Elm Ave (Carpinteria Valley Lumber).
The Receiver has filed his Third Interim Report.
Below is the Receiver's Opposition to CVL's Motion to Intervene & Remove Assets from the Freeze and the SEC's Opposition to CVL's Motion to Intervene & Remove Assets from the Freeze, which were both filed today.
The following Motion to Intervene with supporting documents has been filed in this case.
This site will be updated when the Receiver files his response.
The Court has signed the following documents:
The Receiver has filed his Second Interim Report and Fee Applications.
The Plaintiff, the Securities and Exchange Commission, filed the documents below
regarding the status of their settlement with Defendant Ralph T. Iannelli.
Below is the First Interim Receiver's Report.
The Receiver and his counsel have filed their first fee applications on April 30th
and subsequently filed a Reply in Support on May 22nd..
As reflected in the Court’s docket, the plaintiff Securities and Exchange Commission and Defendant Ralph Iannelli have reached a tentative settlement of the claims alleged against Mr. Iannelli. Neither the Receiver nor any entities in receivership are parties to the settlement, which will not become final until approved by the Court. The settlement, if approved, will merely resolve the claims alleged against Mr. Iannelli by the SEC. Accordingly, the settlement is not expected to have any impact upon the administration, scope, or duration of the receivership, nor is it expected to result in any payments by Mr. Iannelli to investors. We still anticipate that investor and creditor claims will be addressed in the context of the receivership, at such time as the Receiver proposes, and the Court authorizes, a claims and distribution process. Please continue to visit this website for additional updates on the status of the receivership, including any prospective claims and distribution process, which will be posted as they are available.
The Receiver's counsel has filed a Motion for Order in Aid of Receivership.
The Court has signed an order appointing Geoff Winkler as Receiver for Essex Capital Corporation.
Click the link below for a complete copy of the Order.
The files below related to the report and subsequent responses filed by the Monitor and other parties to the case.