Securities & Exchange Commission v. Credit Bancorp, Ltd.

KEARSE, Circuit Judge.

The United States of America (the “Government”), an intervenor in this enforcement action brought by the Securities and Exchange Commission (“SEC”) against defendants Credit Bancorp, Ltd., and its affiliated entities (collectively “Credit Bancorp” “Bancorp” or “CBL”), appeals from so much of a May 16, 2001 order (“May 2001 Order”) of the United States District Court for the Southern District of New York, Robert W. Sweet, Judge, as granted the motion of Carl H. Loewenson, Jr., CBL’s receiver (the “Receiver”), for a declaration (1) that, from the assets deposited *130with…