DKT 233 SOUTHERN PROPERTIES CAPITAL, LTD’S REPLY TO RECEIVER’S RESPONSE TO MOTION TO STRIKE RECEIVER’S MOTION FOR SUMMARY JUDGMENT WITH RESPECT TO PARC AT INGLESIDE AND PARC AT OPELIKA

We have filed a Petition for Writ of Certiorari asking the U.S. Supreme Court to curb the SEC’s use of sweeping receiverships that seized all assets and hampered the right to mount a defense. The appeal urges clear limits on “equitable relief” to protect due process and counsel-of-choice rights.