From Casetext: Smarter Legal Research

Sec. & Exch. Comm'n v. Barton

United States Court of Appeals, Fifth Circuit
Sep 1, 2023
No. 22-11226 (5th Cir. Sep. 1, 2023)

Summary

challenging the receiver's attempted sale of Barton's home

Summary of this case from Sec. & Exch. Comm'n v. Barton

Opinion

22-11226

09-01-2023

Securities and Exchange Commission, Plaintiff-Appellee, v. Timothy Barton, Defendant-Appellant.


Appeal from the United States District Court for the Northern District of Texas USDC No. 3:22-CV-2118

Before WIENER, ELROD, and ENGELHARDT, Circuit Judges.

ON PETITION FOR REHEARING AND REHEARING EN BANC

PER CURIAM. [*]

Because no member of the panel or judge in regular active service requested that the court be polled on rehearing en banc (FED. R. APP. P. 35 and 5TH CIR. R. 35), the petition for rehearing en banc is DENIED. The petition for panel rehearing is also DENIED. We withdraw our previous opinion at 2023 WL 4060191, and substitute the following:

In a separate appeal in this matter, our court vacated the receivership because the district court had not made findings sufficient to establish the receiver's jurisdiction over Barton's property. Sec. &Exch. Comm'n v. Barton, No. 22-11132, __F.4th__ (5th Cir. 2023). That opinion, as reissued, also suspended the receiver's ability to sell receivership property while awaiting vacatur. Id. ("[T]he receiver's power to sell or dispose of property belonging to receivership entities, including the power to complete sales or disposals of property already approved by the district court, is immediately suspended."). The receiver can no longer sell Barton's home, which was at issue here. Given these developments, we DISMISS this appeal as MOOT.

[*] This opinion is not designated for publication. See 5TH CIR. R. 47.5.


Summaries of

Sec. & Exch. Comm'n v. Barton

United States Court of Appeals, Fifth Circuit
Sep 1, 2023
No. 22-11226 (5th Cir. Sep. 1, 2023)

challenging the receiver's attempted sale of Barton's home

Summary of this case from Sec. & Exch. Comm'n v. Barton
Case details for

Sec. & Exch. Comm'n v. Barton

Case Details

Full title:Securities and Exchange Commission, Plaintiff-Appellee, v. Timothy Barton…

Court:United States Court of Appeals, Fifth Circuit

Date published: Sep 1, 2023

Citations

No. 22-11226 (5th Cir. Sep. 1, 2023)

Citing Cases

Sec. & Exch. Comm'n v. Barton

See, e.g., SEC v. Barton, No. 22-11226, 2023 WL 5671292, at *1 (5th Cir. Sep. 1, 2023) (challenging the…