Sunday, September 7, 2008

Summary Judgment granted

On August 28, 2008, the judge granted the State's motion for summary judgment "in all aspects."

The State seeks various forms of relief, including appointment of a receiver, restitution to investors, and others. The judge also ordered "that for plaintiff to obtain a judgment, the State must notice a hearing on remedies/damages within the next sixty (60) days. In the interim, the Amended Temporary Restraining Order will remain in effect."

The Amended TRO orders Defendant Jack Smiley not to sell, transfer or dispose of the Dinars at issue.

A copy of the Order Granting Summary Judgment can be seen here.

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