Supplemental Notice of Opportunity For Hearing Regarding Trustee’s Claims Report to Sharon Road Properties Outside Investors and Premier Fund Claimants
Order on Trustee’s First Omnibus Report of Claims, Objections to Claims and Recommendations as to Sharon Road Properties Outside Investors and Premier Fund Claimants
Tobitha Deese files Response to Trustee’s Motion for Authority to Enter into Agreement with Diane Siskey to Release a Portion of Life Insurance Proceeds (and Enable Interim Distribution)
Order Continuing Hearing on Motion of the Petitioning Creditors for Order Compelling Examination of Diane M. Siskey Pursuant to Bankruptcy Rule 2004 and for the Production of Documents
The hearing is continued until March 12, 2018 at 2:00 pm in Bankruptcy Courtroom 1-4 in the United States Courthouse, 401 West Trade Street, Charlotte, North Carolina.
Order Approving Settlement with Denise D. Rhodes
On February 3, 2018, Joseph W. Grier, III, as Chapter 7 trustee for various Siskey-related entities, filed a motion seeking bankruptcy court authority to enter into an agreement with Diane Siskey (linked below). The proposed agreement calls for the release of $15,000,000 of the escrowed insurance proceeds that Diane Siskey received upon Rick Siskey’s death in order to make an interim distribution to victims of the Ponzi Scheme.
The Agreement represents only a partial resolution of the disputes between the Trustee and Diane Siskey and facilitates an interim, not final, distribution of the proceeds from the Rick Siskey life insurance policies to victims of the Ponzi Scheme. The Trustee and Diane Siskey are actively engaged in negotiations to reach a more comprehensive settlement that would bring this Case closer to a full and final resolution.
A hearing on the Motion is scheduled for March 12, 2018 at 9:30 am in Bankruptcy Courtroom 1-4 in the United States Courthouse, 401 West Trade Street, Charlotte, North Carolina.