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Saturday, July 01, 2023 11:20:37 AM
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
12 Civ. 6421 (KMK)
EDWARD BRONSON, E-LIONHEART ASSOCIATES, LLC, d/b/a FAIRHILLS CAPITAL
Defendants
and
FAIRHILLS CAPITAL, INC.
Relief Defendant.
*PROPOSED ORDER AS TO RELEASE OF DEFENDANT EDWARD BRONSON AND AS TO PAYMENT PLAN TERMS FOR EDWARD AND DAWN BRONSON
WHEREAS this Court held Defendant Edward Bronson ("Defendant") in civil contempt for violating the Court's Orders and failing to pay the Final Judgment entered against him in this case;
WHEREAS this Court ordered Defendant incarcerated for civil contempt;
WHEREAS Defendant has now prepared an accounting as ordered;
WHEREAS Defendant now contends in a sworn statement that he has depleted his assets and has no income;
WHEREAS Defendant has agreed to a prospective payment plan to pay the Final Judgment commencing upon his release from incarceration;
WHEREAS this Order incorporates by reference all of the terms of Defendant's consent;
IT IS HEREBY ORDERED THAT Defendant is released from incarceration for civil contempt. Defendant shall be released directly from the jail forthwith;
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