Free Motion to Continue - District Court of Arizona - Arizona

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1 MICHAEL S. REEVES, ESQ.
sate Ba Number: 010420 AUG 0 5 2005 2
2 1212 East Osborn c test s clstalct COURT
Phoenix, Arizona 85014 1- _;
s Ta; [602] 604-7577 W D8 · 0*** ri ’°**”*jZ°[§§,,UTY
Fax: [602] 604-7555 ······
4 Attorney for Ronald Holt ·
5 UNITED STATES DISTRICT COURT
6 DISTRICT OF ARIZONA
7 Securities Exchange Commission ) CV 03-1825 PHX PGR
)
8 Plaintiff ) MOTION TO CONTINUE .
) HEARING OF AUGUST 8, 2005
9 )
) Related Cases
I 0 ) Commodities Futures Trading Commission
) v. Ronald Holt, et al, CV 03-1826
I I Vs. )
) Investors in IFA, et al, v. International
kl II. Ronald Holt, etal ) Funding Association, et al, CV 03-1302
)
1 3 )
Respondents. )
1 4 )
1 5 Ronald Holt, by and through undersigned counsel, hereby requests that the Court continue
1 6 the hearing of August 8, 2005. The hearing is unnecessary as the Respondent and the
I 7 Governmental agencies have verbally reached agreements on a resolution of this matter. The
I 8 parties are now simply waiting for the agencies to obtain fmal approval ofthe proposed
I 9 settlements in this matter. The settlements would result in judgments against Mr. Holt; he is
2 0 aware ofthe settlement and the amounts of the judgments.
2 II. The hearing would simply be a waste of resources at this point. Nevertheless, the
2 2 agencies are not in agreement with this request and wish to proceed to hearings on Monday.
2 3 Respondent is sure that the agencies fear that Mr. Holt will not sign the agreements or do
2 41 something to obstruct the process and are thus reluctant to continue any hearing in this matter. A
2 5 continuance of the hearing would eliminate any fear of the agencies and would still hold Mr.
2 6 Holt’s feet to the proverbial tire.
2 7 ·
2 8
Case 2:03-cv-01825-PGR Document 248 Filed 08/08/2005 Page 1 of 2 n

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. r`
1 Wherefore Mr. Holt request that the Court continue the August 8 hearing for 60 days.
2 Signed and dated August 5, 2005
3
4 .
“ ICHAEL S. REE ES,
5 Attomey for Petitioners
6
Co mailed to the following this
7 é day of August 2005:
8 Patrick M. Murphy, Esq.
4150 West Northern Ave.
9 Phoenix, Az 85051
Attorney for Receiver (Lawrence J . Warfield)
1 0
Robert Hildum, Senior Trial Attorney
1 1 Division of Enforcement
U.S. Commodity Futures Trading Commission
12 1155 21st St., NW
Washington, DC 20581
1 3
Timothy J. Mulreany, Chief Trial Attorney
1 4 Karon Powell, Trial Attorney
. Division of Enforcement
15 1155 21st Street, NW
· Washington, D.C. 20581
1 6
Thomas M. Connelly, Esq.
1 7 2425 East Camelback Road, Suite 880
Phoenix, Az 85016-4208
1 8 Attorney for Investors in IFA (#CV03-1302 & 1825/26)
1 9 Thomas M. Marlow, Esq.
2425 E. Camelback, Suite 880
2 0 Phoenix, Az 85016-4208
Attorney for Plaintiffs (Investors in IFA #CV03-1302-PHX-PGR)
2 1
Marshall Gandy, Esq.
22 U.S. Securities and Exchange Commission
801 Cherry Street, Suite 1900
2 3 Fort Worth, Tx 76201
2 4 Susanne Ingold
Burch & Cracchiolo, PA
2 5 702 East Osborn Rd., #200
P.O. Box 16882
2 6 Phoenix, AZ 85014-5281
2 7
2 B 2
Case 2:03-cy—01825-PGR Document 248 Filed 08/08/2005 Page 2 of 2

Case 2:03-cv-01825-PGR

Document 248

Filed 08/08/2005

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Case 2:03-cv-01825-PGR

Document 248

Filed 08/08/2005

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