On August twelfth attorneys for Revenue Join defendants Brent Carson Kovar and Pleasure Kovar filed a movement to withdraw.
The cited purpose for the withdrawal was non-payment, in addition to points securing out-of-state counsel aware of SEC proceedings.
The regulation agency Hayes Wakayama assisted the Kovars with ‘securing ‘a extremely skilled and competent SEC lawyer primarily based in Los Angeles’.
Collectively, the agency and the legal professional ‘offered Defendants with sound authorized recommendation and illustration’.
That was apparently going nicely till
just lately, the SEC lawyer withdrew from being concerned with the case.
No clarification for the procured legal professional withdrawing is offered (observe “SEC lawyer” refers to an legal professional aware of SEC litigation, not an precise SEC lawyer).
Accordingly, as of the date of submitting this Movement, Hayes Wakayama solely represents the Kovars on this matter.
Hayes Wakayama by no means would have appeared on this case had Defendants not promised to retain SEC counsel to look as co-counsel.
Furthermore, Hayes Wakayama just lately discovered that Defendants, and now the Kovars, are unable to pay Hayes Wakayama for each previous and future authorized companies.
As such Hayes Wakayama wished out. The court docket granted their movement to withdraw on August
Of their movement Hayes Wakayama verify ‘neither Brent nor Pleasure Kovar object to Hayes Wakayama’s withdrawal.’
As of but there isn’t any entry suggesting substitute counsel has been filed. How the Kovars intend to proceed litigation smart is thus unclear.
On the time of publication a choice on the movement to withdraw stays pending.
Hayes Wakayama have been additionally representing Revenue Join, now beneath management of a court-appointed Receivership.
Earlier this month the Revenue Join Receiver knowledgeable Hayes Wakayama that Revenue Join was terminating Hayes Wakayama’s illustration on this matter because of a perceived battle.
The battle of challenge arose from Hayes Wakayama representing each Revenue Join and the Kovars.
In correspondence despatched to Hayes Wakayama, the Receiver took the place
that Revenue Connects [sic] pursuits are antagonistic to Pleasure and Brent Kovar’s pursuits and could be antagonistic to the curiosity of another one who was or is affiliated with Revenue Join.
In associated information, the Revenue Join Receiver has sought permission to rent a forensic pc professional.
Primarily based on the Receiver’s investigation up to now, Revenue Join
constructed and dispatched specialised {hardware} in an effort to mine sure cryptocurrency.Amongst different issues, the Receiver requires specialised data to help him in persevering with to research Revenue Join’s efforts on this regard.
A ruling on that request can also be pending.
Individually on August eleventh, the Receiver requested permission to have Revenue Join’s related web site domains redirected.
The domains in query have been “profitconnect.com”, “profitconnect-agnet.com”, “profitconnect-wealthservices.com” and “profitconnect.me”.
The Receiver sought possession of the domains via Revenue Join Wealth Providers Inc.
After possession has been transferred, the domains have been then to be redirected to the Revenue Join Receivership’s web site: “profitconnect-receivership.com”.
The court docket granted the Receiver’s area movement on August sixteenth.
Replace twenty eighth September 2021 – On September twenty first the court docket granted the Revenue Join Receiver permission to make use of a pc forensic professional.