Equialt will be hosting a Real Estate Auction. Bidding starts November 6th and ends November 16th at: receivership-auctions.com.
Equialt will be hosting the Final Miscellaneous Public Auction of 2023. Bidding starts November 13th and ends November 15th at: receivership-auctions.com.
On October 11, 2023, the Court granted the Receiver’s motion requesting approval to make a first interim distribution of $100 million to investors with allowed claims. A copy of the Order is available here. The Receiver and his team are diligently working to promptly send out distribution checks by U.S. Mail. The Receiver will update this website when mailing has been completed.
Equialt will be hosting a Public Auction. Bidding starts October 9th and ends October 11th at: receivership-auctions.com.
Unopposed MOTION for Miscellaneous Relief, specifically to Approval First Interim Distribution of $100 Million by Burton W. Wiand.
Equialt will be hosting a Real Estate Auction. Bidding starts September 25th and ends October 5th at: receivership-auctions.com.
On July 26, 2023, the Court granted the Receiver’s Motion to (1) Approve Determination and Priority of Claims, (2) Approve Plan of Distribution, and (3) Establish Objection Procedure (“Motion”). A copy of the Motion is available here and a copy of the order is available here.
On or about August 8, 2023, the Receiver will mail individual letters for each claim to the respective claimant by U.S. Mail. Each letter will identify the claim number assigned to that claim, the claimant’s name, and the claim determination approved by the Court. The letter also will contain detailed instructions regarding the Court-approved objection procedure. To minimize expenses to the Receivership and conserve resources, please do NOT contact the Receiver’s team to ask for your claim number until you have allowed sufficient time to receive this letter. If you do not receive the letter within a few days of the mailing date, please contact the claims administrator, Omni Agent Solutions, at email@example.com or (866) 956-2142 to request a copy of your letter and verify your address.
Please review the information in the letter carefully. If you submitted more than one claim, you should receive a letter for each claim you submitted. Take note of the claimant’s name and the assigned claim number. This name and number will be used throughout the claims process. The letter includes the Receiver’s Court-approved determination of the claim as set forth in the Exhibits to the Motion. More information regarding claim determinations and the Receiver’s plan of distribution can be found in the Motion itself. Claims have been approved in full, approved in part, and denied. Some claims require additional information or documents be provided to the Receiver on or before twenty days of the date of mailing of the aforementioned letter or the claim may be denied.
- Exhibit 1 – Investor Claims – Allowed
- Exhibit 2 – Investor Claims – Allowed in Part
- Exhibit 3 – Investor Claims – Denied
If you agree with the Receiver’s Court-approved determination of your claim and the claim determination does not expressly require any additional information or documents, you do not need to take any further action. As set forth more fully in the Motion and the letter, if you wish to dispute the Receiver’s Court-approved determination of your claim, you must submit a written objection in accordance with the procedures described in the letter and Motion. All objections must be served on the Receiver, Burton W. Wiand on or before twenty days of the date of mailing of the aforementioned letter at 114 Turner Street, Clearwater, Florida 33756 and should not be filed with the Court. An objection may also be submitted by email to: EquiAltReceivershipObjection@BurtonWWiandPA.com.
Failure to properly and timely serve an objection to the determination of your claim, its priority, or plan of distribution shall permanently waive your right to object to or contest the determination of your claim, its priority, and plan of distribution and your final claim amount shall be set as the Allowed Amount determined by the Receiver and approved by the Court.
After the objection deadline, the Receiver will evaluate any objections and work to resolve or litigate those objections. The Receiver’s ability to make a first interim distribution to claimants with approved claims will depend on the number and nature of objections. The Receiver cannot predict a distribution date or amount until any objections have been received and evaluated. Hopefully, the objection process will proceed smoothly and the Receiver and his professionals can distribute funds in the not-too-distant future. For more information, please continue to monitor the Receivership website and the Receiver’s interim reports.
Equialt will be hosting a Real Estate Auction. Bidding starts July 31st and ends August 10th at: receivership-auctions.com.
Equialt will be hosting a Luxury Car Auction. Bidding starts August 10th – 17th at: receivership-auctions.com.
Equialt will be hosting a Luxury Auction. High end accessories, furniture and decor. Bidding starts August 23rd – 30th at: receivership-auctions.com.
Equialt will be hosting a Real Estate Auction. Bidding starts April 17th and ends April 27th at: receivership-auctions.com.
Equialt will be hosting a Real Estate Auction. Bidding starts February 6th and ends February 16th at: receivership-auctions.com.
The Court recently granted preliminary approval of the motion filed jointly by the Receiver and Investor Plaintiffs regarding their settlement with Paul Wassgren and law firms DLA Piper and Fox Rothschild. (Doc. 787) This approval also pertained to various settlements reached with a number of sales agents and various bar orders related to these settlements. (Doc. 788) Pursuant to the Court’s Orders, the Receiver was ordered to mail a legal notice regarding the Court’s handling of the motion to all interested parties. You can read the full notice here. Please note the requirements for objecting to the relief sought.
Motion to Approve Claim Determination and Priority of Claims, Approve Plan of Distribution and Establish Objection Procedure
MOTION for Settlement , MOTION for Hearing , MOTION for Miscellaneous Relief, specifically Joint Motion of Receiver and Investor Plaintiffs
Equialt will be hosting a Real Estate Auction November 7th – November 17th at: receivership-auctions.com.
Equialt will be hosting a Real Estate Auction September 5th – September 15th at: receivership-auctions.com.
Equialt will be hosting a Real Estate Auction July 18th – July 28th at: receivership-auctions.com.
Equialt will be hosting a Real Estate Auction June 13-22th at: receivership-auctions.com.
Assets For Sale
GUERRA KING P.A.
1408 N. Westshore Blvd.
Tampa, Florida 33607
PHONE: (813) 347-5100