United States v. Fairway Capital Corp.

DECISION AND ORDER

RONALD R. LAGUEUX, Senior District Judge.

This matter is before the Court on the Objection filed by Timesharing Associates, Ltd. (hereinafter “TSA”), to the Receiver’s Recommended Disposition of Supplemental Bar Date Claims, as required by this Court’s Consolidation Order of January 8, 2004. TSA asks this Court to recognize its equitable claim for $723,017.43 against the receivership estate of Defendant Fairway Capital Corporation (“Fairway”), a former Rhode Island S corporation. This tangled litigation involves multiple investors in a time-share resort development on…