NEWS RELEASES AND FILINGS
NEWS RELEASES AND COMPANY STATEMENTS
Status of Standard Property Development Lawsuit
(Updated)
Frequently - Asked Questions About Proof of Claim and Proof of Interest Forms, and "Bar Date"
Next Round of Checks and Statements Schedule for Week of Oct. 16
Report on Sept. 13 Hearing
Multiple Copies of the Same Documents – What You Can Do
USACM Explains Differences Between Pre-Petition Account Statements, the June 30 Account Statements Mailed July 25, and the Checks and Accompanying June 30 Statements Mailed August 26
USACM to Hire Foreclosure Attorneys in Seven States to Pursue Delinquent Loans
Clarification about Client ID versus Account ID Numbers on June 30 Statements Mailed with Checks
USACM's Approach to Recover $46 Million in Diverted Principal
(Updated)
Checks Mailed Aug. 31 for USA Capital First Trust Deed Fund, LLC Distributions
Rio Rancho Executive Plaza Project Receives Balance of Funding Required to Complete Project
Interpleader Motion Filed
USACM Mortgage Broker License Renewed by State of Nevada Mortgage Lending Division
Account Statements Through June 30 Mailed to Direct Lenders
Report on the July 12 Meeting of Creditors in Las Vegas
Account Statement Feedback Form available online
Warning about Bundy Canyon $8.9 Million Checks
USACM Direct Lender, Fund Member Account Statements to be mailed July 10 & 11
USACM Files Motion to Distribute Funds to Direct Lenders, Fund Members
USACM Security Agreement with USAIP Approved
Court Order
(PDF)
Bundy Canyon $8.9 Million Funds Returned June 16, 2006
USACM Company Reports Progress in Chapter 11 Reorganization Efforts
FILINGS
Order Granting Debtor's Motion To Freeze Pension Plan And Appoint Successor Trustee
(PDF)
Stipulated Order re Proofs of Interest (Affects USA Capital Diversified Trust Deed Fund, LLC and USA Capital First Trust Deed Fund, LLC)
(PDF)
Second Amended Order Establishing Case Management Procedures
(PDF)
Order Authorizing Debtor USA COMMERCIAL MORTGAGE COMPANY to Grant Ordinary Course Releases
(PDF)
Order Setting Deadline to File Proofs of Claim and Proofs of Interest
(PDF)
Stipulated Order Extending the Debtor’s Exclusive Period to File a Plan to August 31, 2006
Order Authorizing Retention and Employment of Mesirow Financial Interim Management; Ray Quinney & Nebeker; and, Schwartzer & McPherson
Debtor's Motion to Distribute Funds and to Grant Ordinary-Course Releases and Distribute Proceeds
A declaration made by Thomas Allison related to this motion can be viewed/downloaded as follows:
TJA Declaration
.
Motion for Order Approving Continued Use of Cash Through October 29, 2006 Pursuant to Third Revised Budget
The Exhibits to this Motion can be viewed/downloaded as follows:
[1 & 2]
[3 & 4]
[5]
[6]
[7]
[Budget]
Supplement to Debtor's Motion to Distribute Funds
(PDF)
USACM Motion to Distribute Funds and Grant Ordinary-Course Releases and Distribute Proceeds
(PDF)
Click here
to go to the webpage with information about filings, motions, attorneys and hearings.
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RELATED LINKS
Las Vegas Review-Journal: Lender talking new plan
Las Vegas Review-Journal: Judge thwarts lawsuit against lending group
Las Vegas Review-Journal: Fees for USA Capital case $550,800 a week
Las Vegas Review-Journal: Judge approves initial payment of $60 million
Las Vegas Review-Journal: Lender referred to FBI, SEC
Las Vegas Review-Journal: USA Capital to request approval to pay $64.7 million to investors
Las Vegas Review-Journal: No foreclosures or lawsuits yet at USA Capital
Las Vegas Review-Journal: USA Capital managers say payments on way
Copyright © 2006 USA Commercial Mortgage Company
info@usacapitalcorp.com
USA Capital - Las Vegas
· 4484 South Pecos Road · Las Vegas, NV 89121
NV MBR 333 · Phone 702.734.2400 · Fax 702.734.0163