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SECURITIES EXCHANGE COM. v. BILTMORE FINANCIAL GR

United States District Court, W.D. North Carolina, Statesville Division.
May 1, 2009
ORDER

RICHARD VOORHEES, District Judge

THIS MATTER is before the court upon a consent Motion to Stay Proceedings in this case (Document #27), filed by the Securities and Exchange Commission on April 28, 2009, and consented to by Defendants Biltmore Financial Group, Inc. and J. V. Huffman, Jr.

WHEREFORE, for the reasons stated in the Motion, and for good cause shown, it is hereby ORDERED that discovery, pleadings practice, and other proceedings among the parties unrelated to the activities of the Receiver herein are hereby STAYED for a period of 150 days.