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OmniPay/e-gold motions the court to vacate seizure warrant
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Posted by: Doro Ajani
DEFENDANTS’ MOTION TO VACATE SEIZURE WARRANT AND TO MODIFY RESTRAINING ORDER AND REQUEST FOR AN EVIDENTIARY HEARING
http://vertoro.com/00285665.html
Posted by: golddust
It's too soon for the transcription to be available of the "Order", (providing the reasons for denying the Motion) but this is found -
MINUTE ENTRY ORDER denying [35], [36] Defendants’ Motion to Vacate Seizure Warrant and to Modify Restraining Order and Request for an Evidentiary Hearing. For the reasons stated at the June 21, 2007 hearing, in open court, the Defendants’ Motion is hereby DENIED. This is a final appealable order. See Fed. R. App. P. 4(a).
Signed by Judge Rosemary M. Collyer on June 22, 2007. (cdw)
So, the seized assets will remain frozen.This is e-gold that was seized and sold for cash, all 1MDC account gold included.
I'm not certain, but I believe the "cash" is still held, pending the outcome of the case.
This is an appealable "Order" and imo, it's in egold's best interest to file this appeal.
golddust