Receivership for Direct Lending Investments, LLC
Receivership for Direct Lending Investments, LLC
Case Number: 19-02188
On April 1, 2019, Bradley D. Sharp of Development Specialists, Inc. was appointed to serve as the Permanent Receiver for the estate of Direct Lending Investments, LLC, Direct Lending Income Fund, L.P., Direct Lending Income Feeder Fund, Ltd., DLI Capital, Inc., DLI Lending Agent, LLC and DLI Assets Bravo LLC (collectively “DLI”) by the United States District Court in the Central District of California. The Receiver has taken custody of all assets and records and is working to evaluate and maximize assets for investors, creditors, employees and parties who have an interest in DLI.
A copy of the complaint filed by the Securities and Exchange Commission on March 22, 2019 can be found HERE.
A copy of the Preliminary Injunction Order and Order Appointing Permanent Receiver can be found HERE
A copy of the Claims Order can be found HERE
Dates
Receiver Appointed
April 1, 2019
Status Conference
April 15, 2019
(1:30 p.m. PT)
Omnibus Hearing
September 9, 2019
(1:30 p.m. PT)
Claims Bar Date
July 7, 2020
Court Information
United States District Court
Central District of California
350 West 1st Street
Courtroom 7D
Los Angeles, CA 90012
213.894.1565
Receiver
Bradley D. Sharp
Development Specialists, Inc.
Receivership Entity
Direct Lending Investments, LLC
Direct Lending Income Fund, L.P.
Direct Lending Income Feeder Fund, Ltd.
DLI Capital, Inc.
DLI Lending Agent, LLC
DLI Assets Bravo, LLC
and their successors, subsidiaries
and affiliated entities
Status Reports
A copy of the First Status Report for the period of April 1, 2019 through April 9, 2019 can be found HERE
A copy of the Second Status Report for the period April 10, 2019 through June 24, 2019 can be found HERE
A copy of the Third Status Report for the period June 25, 2019 through October 18, 2019 can be found HERE
A copy of the Fourth Status Report for the period October 25, 20019 through January 24, 2020 can be found HERE
A copy of the Fifth Status Report for the period January 24, 2020 through April 24, 2020 can be found HERE
