News and Developments

Current Initiatives

Presently, the Receiver is attempting to locate all of the real and personal property of the Defendants and take control and possession of the same. In addition, the Receiver is attempting to verify that all of the property is insured and is obtaining copies of all of the applicable insurance policies.

Once the Receiver has identified all of the real and personal property of the Defendants, he will attempt to sell the same in such a manner as to obtain the highest possible price for that particular piece of property. For example, as to tracts of real property, the Receiver, after obtaining Court approval, tends to list the tracts of real property and sell the same through the use of a licensed real estate broker.

As Receiver, Mr. Aurzada will utilize this website to inform all parties of his efforts and will update the website periodically as events occur that merit such updates.



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