
:
\
I,
!
\
I
:1
1
J
II
I
j
I
l
PS
PENDERGRAFT
SIMON
LLP
ATTORNEYS
AT
LAW
2777 Allen Parkway, Suite
800
I Houston, Texas 77019 I www.pendergrafisimon.com
EMAIL: ISimon@pendergrafisimon.com
PHONE:
713-528-8555
CELL:
713-253-2810
FAX:
832-202-2810
Leonard
H.
Simon
Board Certified
in
Business Bankruptcy Law
Texas Board
of
Legal Specialization
Honorable
Sam.
A.
Lindsay
United States District Judge
1100 Commerce Street, Room 1544
Dallas, Texas
75242-1003
JANUARY
29,2015
RE:
Novo Point, LLC,
Et
AI,
v.
Elisa Katz,
Et
AI,
Civil Action No. 3:14-cv-1552-P; In the
United States United States District Court for the Northern District
of
Texas - Dallas
Division
Dear Judge Lindsay:
By way
of
introduction, Jeffrey Baron has been through a four-year receivership
proceeding that ultimately ended up before this Honorable Court upon the retirement
of
Judge
Royal Ferguson at the end
of
May 2013. Civil Action 3:09-CV-0988-F ("Receivership Case").
After paying more than $4,000,000 in fees and expenses to the Receiver and his attorneys, the
Fifth Circuit reversed the Receivership and vacated nearly every order entered
by
Judge
Ferguson.
Netspherre v Baron, 703. F.3d 296 (5th Cir 2012), cert denied, 135 S.Ct. 437.
This Honorable Court also considered an appeal from a Bankruptcy Court
Order for
Relief, and reversed the decision
of
the Bankruptcy Court. Baron
v.
Schurig, 2014 WL 25519
(N.D. Tex.
2014) (the "Order for Relief Appeal"). This Court's decision was appealed to the
Fifth Circuit, and the court recently affirmed in part, reversed in part, and remanded. However,
after the parties filed Motions for Rehearing, the parties settled (Baron and the
Petitioning
Creditors), and the appeal was dismissed with a mandate that did not call for a remand. The case
is over, and this Honorable Court's decision is now final.
After this Court decided the
Order for Relief Appeal
on
January
2,2014,
this Honorable
Court entered a series
of
orders in February and March 2014, returning the receivership assets to
the receivership parties. This Court ordered the placement
of
the assets
of
Novo Point, LLC and
Quantec, LLC
in
the custody
of
Lisa Katz, which was vigorously contested by Mr. Baron, but
this Court determined that it did not have jurisdiction to entertain a contested matter concerning
the proper ownership
of
such assets. Since then, Ms. Katz has refused to account to the Trustee
for the Village Trust, also a Receivership
Party, who
everyone
acknowledges is the owner
of
Case 3:14-cv-01552-L Document 64 Filed 01/30/15 Page 3 of 4 PageID 2423