Free Status Conference - District Court of Arizona - Arizona

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF ARIZONA CIVIL MINUTES - CONTEMPT HEARING Phoenix Division CIV DATE: 03-1826 PHX PGR Year Case No Initials 8/8/2005

Title: Commodity Futures Trading Commission vs. International Funding et.al. Plaintiff Defendant ============================================================================== HON: PAUL G. ROSENBLATT Kerry Reynolds Deputy Clerk Attorney(s) for Plaintiff(s) Robert Hildum Judge # 7017 Liz Lemke Court Reporter Attorney(s) for Defendant(s) Michael Reeves for Def. Ronald Holt

=============================================================================== PROCEEDINGS: X Open Court Chambers Other 1:33 p.m. This is the time set for Contempt Hearing in CV03-1302, CV03-1825, and CV03-1826. Also present are: Defendant Michael Reeves; Patrick Murphy, counsel for receiver Lawrence Warfield; Marshall Gandy, counsel for the Securities and Exchange Commission; Clarissa Reiman appearing on behalf of Susanne Ingold, counsel for the Investors of IFA. IT IS ORDERED granting the request to remove Stephen M. Hart as attorney for the Plaintiff [doc 139] filed in CV03-1302 and the Clerk is directed to remove him. IT IS ORDERED denying Mr. Holt's Motion to Continue [doc 248] filed in CV031825. Plaintiffs' case: Ronald Stephen Holt is sworn and testifies. Christopher Buchanan is sworn and testifies. Sherri Fieber is sworn and testifies. 3:03 p.m. Court stands at recess. Closing arguments are presented. COURT FINDS Defendant Ronald Holt remains in non-compliance with contempt order. IT IS ORDERED that the furlough is rescinded and Defendant Ronald Holt shall immediately report to the United States Marshals Service and be remanded back into custody 3:55 p.m. Court adjourns. 3:23 p.m. Court reconvenes.

Copy to: USMS Case 2:03-cv-01826-PGR Document 106 Filed 08/08/2005 Page 1 of 1