JPMorgan Chase Bank, N.A. v. AIG Baker Orange Beach Wharf, L.L.C.
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|Date Filed||#||Document Text|
|September 22, 2011
ORDER re: 25 Motion for Approval of Sale of Receivership Property by Gregory T. Maloney, Receiver. Court approves the sale of the receivership property as set out. Receiver is authorized to immediately take all actions necessary to effectuate & c lose under the Purchase and Sale Agreement. Dft AIG Baker Orange Beach Wharf, LLC, is found to be a third party beneficiary, w/all attendant rights thereto, as set out. All duties of the Receiver are terminated upon the closing of the Contract of Sale, except that the Receiver will have limited power through & including 1/6/12 as set out. Receiver shall prepare a final reporting to be filed by 1/6/12. Signed by Judge Callie V. S. Granade on 9/22/2011. (tot)
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