REMOVAL_OF_RECEIVER

Clearly the Receiver is intent on ultimately acquiring all the properties of the various partnerships Western Financial sold to the various partnership groups. The process is really simple. The Receiver runs up an outrageously inflated charges for presumed services rendered to the partnerships - which services have, so far, been non-existent. The Receiver simultaneously brings in his own appraiser to marginalize the value of the land as much as possible - even to the level of pennies per acre. No one individual is in a position to contest this devaluation. Since the only assets existing in the whole of all the partnerships is the land itself. The only way for the Receiver to recover his fees is to "offer" to take the land in trade for his fees. Given that the Receiver has racked up huge fees at this point, one can expect that every square foot of all the partnerships land holdings will end up belonging to the Receiver and we, the current owners, will end up with nothing.
And this is all being done with the direction and sanction of the court and the SEC.

We demand that the court remove the Receiver from all of the general partnerships and deny any payments to him.

Ron Van Boxtel