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Case 2:12-cv-00536-GMN-VCF Document 1151 Filed 06/15/17 Page 1 of 5

1 Thomas W. McNamara
info@regulatoryresolutions.com
2 655 West Broadway, Suite 1600
San Diego, California 92101
3 Tel.: 619-269-0400
Fax: 619-269-0401
4
Court-Appointed Monitor
5
Abran E. Vigil (NV 7548)
6 vigila@ballardspahr.com
BALLARD SPAHR LLP
7 100 North City Parkway, Suite 1750
Las Vegas, Nevada 89106-4617
8 Tel.: 702-471-7000
Fax: 702-471-7070
9
Edward Chang (NV 11783)
10 echang@mcnamarallp.com
Daniel M. Benjamin (pro hac vice)
11 dbenjamin@mcnamarallp.com
Sanjay Bhandari (pro hac vice)
12 sbhandari@mcnamarallp.com
Sara J. OConnell (pro hac vice)
13 soconnell@mcnamarallp.com
MCNAMARA SMITH LLP
14 655 West Broadway, Suite 1600
San Diego, California 92101
15 Tel.: 619-269-0400
Fax: 619-269-0401
16
Attorneys for Court-Appointed Monitor
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18 UNITED STATES DISTRICT COURT


DISTRICT OF NEVADA
19

20 FEDERAL TRADE COMMISSION, Case No. 2:12-cv-00536-GMN-VCF


21 Plaintiff, JOINT MOTION TO APPROVE
v. PROPOSED SETTLEMENT
22 AGREEMENT WITH GLENN FISHER
AMG SERVICES, INC., et al., AND 5G CAPITAL, LLC
23 Defendants, and
JUDGE: Hon. Gloria M. Navarro
24 PARK 269 LLC, et al.,

25 Relief Defendants.

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Case 2:12-cv-00536-GMN-VCF Document 1151 Filed 06/15/17 Page 2 of 5

1 The Court-appointed Monitor Thomas W. McNamara (the Monitor) and non-parties

2 Glenn Fisher (Fisher) and 5G Capital, LLC (5G Capital, and collectively, the 5G Capital

3 Parties) jointly move the Court for an Order Approving Settlement Agreement with Fisher and

4 5G Capital. Plaintiff Federal Trade Commission (FTC), Defendants Scott Tucker, AMG

5 Capital Management, LLC, Level 5 Motorsports, LLC, Black Creek Capital Corporation, and

6 Broadmoor Capital Partners (collectively, Tucker Defendants), and Relief Defendants Kim

7 Tucker and Park 269, LLC (together, Relief Defendants) have stated that they do not oppose

8 this motion.

9 In April 2015, Westfund LLC provided a loan of $3.5 million to 5G Capital who then

10 funded a loan of $3.5 million to eProdigy Financial, LLC (eProdigy Financial), Capital Stack,

11 LLC, (Capital Stack) and eProdigy Loans, LLC, (eProdigy Loans) (collectively the

12 eProdigy Non-Parties) pursuant to the Revolving Credit Agreement, Convertible Promissory

13 Note, Security Agreement, Guaranty Agreement, Collateral Assignment of Contract Rights,

14 Participation Rights Agreement, First Amended and Restated Limited Liability Company

15 Agreement of eProdigy Financial, and Master Participation Agreement all dated April 15, 2015

16 (collectively, Loan Transaction Closing Documents).

17 After the Monitor interviewed Fisher in March 2017, Fisher agreed to abandon his claim

18 to the $3.5 million and the Loan Transaction Closing Documents in exchange for a release of

19 rights and responsibilities. As a result, the Monitor and the 5G Capital Parties have reached a

20 settlement agreement (the Agreement) contingent on Court approval. The Agreement is

21 attached hereto as Exhibit A (without its attachments, as those attachments are this Joint Motion,

22 corresponding [Proposed] Order, Allonge, Omnibus Assignment, and UCC Financing Statement

23 Amendments).

24 The 5G Capital Parties agreed to assign the Loan Transaction Closing Documents to the

25 Monitor, turnover 5G Capitals bank accounts and payments from eProdigy Non-Parties, and

26 provide certain documents. The Monitor believes this resolution represents the best outcome for

27 the monitorship estate.

28 ///
Case 2:12-cv-00536-GMN-VCF Document 1151 Filed 06/15/17 Page 3 of 5

1 If the Court is satisfied with the Agreement, the Monitor and the 5G Capital Parties ask

2 that the Court issue an order approving the Agreement and that the Court retain jurisdiction to

3 interpret and enforce the Agreement. If the Court wishes to further inquire about the matter first,

4 the Monitor asks that the Court set this motion for a hearing or otherwise instruct the Monitor to

5 file a report as to any issue where further information is needed.

6 Accordingly, the Monitor and the 5G Capital Parties hereby jointly ask that the Court

7 issue an order approving the Agreement.

8 Dated: June 15, 2017

9 Respectfully submitted by:

10 /s/ Edward Chang /s/ Benjamin N. Hutnick


Edward Chang Benjamin N. Hutnick
11 MCNAMARA SMITH LLP Berman & Rabin, P.A.
655 West Broadway, Suite 1600 15280 Metcalf Avenue
12 San Diego, California 92101 Overland Park, KS 66223
Tel.: 619-269-0400 Tel.: 913-777-7117
13 Fax: 619-269-0401 Fax: 913-652-9474
Email: echang@mcnamarallp.com Email: bhutnick@bermanrabin.com
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Attorneys for Court-Appointed Monitor Attorneys for Glenn Fisher and 5G Capital,
15 LLC
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Case 2:12-cv-00536-GMN-VCF Document 1151 Filed 06/15/17 Page 4 of 5

1 CERTIFICATE OF SERVICE

2 I hereby certify that on the 15th day of June, 2017, pursuant to Fed. R. Civ. P. 5(b), I
served via CM/ECF or delivered by email and mailing in the U.S. Mail a true and correct copy of
3 the foregoing a true and correct copy of the foregoing JOINT MOTION TO APPROVE
PROPOSED SETTLEMENT AGREEMENT WITH GLENN FISHER AND 5G
4 CAPITAL, LLC, postage prepaid and addressed to the following:

5 VIA CM/ECF VIA CM/ECF


Blaine T. Welsh Jeremy R. Vanderloop
6 U.S. Attorneys Office Madden Vanderloop, S.C.
501 Las Vegas Boulevard South, Suite 1100 116 S. Main Street
7 Las Vegas, NV 89101 Mayville, WI 53050
Tel.: 702-388-6336 Tel.: 920-387-2300
8 Email: Blaine.Welsh@usdoj.gov Fax: 920-387-4428
Attorneys for FTC Email: jvanderloop@madvanlaw.com
9 Attorneys for Interested Parties ETS Ventures,
LLC; El Dorado Trailer Sales; and Dale E.
10 Becker

11 VIA CM/ECF VIA CM/ECF


San Diego, California 92101-8494

Kimberly L. Nelson Nicole Ducheneaux


655 West Broadway, Suite 1600

12 Federal Trade Commission Fredericks Peebles & Morgan LLP


600 Pennsylvania Ave. NW 3610 North 163rd Plaza
Ballard Spahr LLP

13 Mail Stop CC-9528 Omaha, NE 68116


Washington, DC 20580 Tel.: 402-333-4053
14 Tel.: 202-326-3304 Fax: 402-333-4761
Fax: 202-326-3197 Email: nducheneaux@ndnlaw.com
15 Email: knelson@ftc.gov Attorneys for Red Cedar Services, Inc., dba
Attorneys for FTC 500FastCash; SFS, Inc., dba OneClickCash
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VIA CM/ECF VIA CM/ECF
17 Conly J. Schulte Martin L. Welsh
Fredericks Peebles & Morgan LLP Law Office of Hayes & Welsh
18 1900 Plaza Drive 199 N. Arroyo Grande Blvd.
Louisville, CO 80027 Henderson, NV 89074
19 Tel.: 303-673-9600 Tel.: 702-434-3444
Fax: 303-673-9839 Fax: 702-434-3739
20 Email: cschulte@ndnlaw.com Email: mwelsh@lvlaw.com
Attorneys for Red Cedar Services, Inc., dba Attorneys for Interested Parties ETS Ventures,
21 500FastCash; SFS, Inc., dba OneClickCash; LLC; El Dorado Trailer Sales; and Dale E.
AMG Capital Management, LLC; LeadFlash Becker
22 Consulting, LLC

23 VIA CM/ECF VIA CM/ECF


Francis J. Nyhan Joshua M. Dickey
24 Fredericks Peebles & Morgan LLP Bailey Kennedy
2020 L Street, Ste. 250 8984 Spanish Ridge Avenue
25 Sacramento, CA 95811 Las Vegas, NV 89148-1302
Tel.: 916-441-2700 Tel.: 702-562-8820
26 Fax: 916-441-2067 Fax: 702-562-8821
Email: jnyhan@ndnlaw.com Email: jdickey@baileykennedy.com
27 Attorneys for Red Cedar Services, Inc., dba Attorneys for Red Cedar Services, Inc., dba
500FastCash; SFS, Inc., dba OneClickCash 500FastCash; SFS, Inc., dba OneClickCash
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Case 2:12-cv-00536-GMN-VCF Document 1151 Filed 06/15/17 Page 5 of 5

1 VIA CM/ECF VIA CM/ECF


Victoria W. Ni Paul C. Ray
2 Public Justice, PC Paul C. Ray, Chtd.
555 - 12th Street, Suite 1230 3560 West Cheyenne Avenue, Suite 130
3 Oakland, CA 94607 North Las Vegas, NV 89032
Tel.: 510-622-8150 Tel.: 702-723-2292
4 Fax: 510-622-8155 Fax: 702-823-2384
Email: vni@publicjustice.net Email: paulcraylaw@aol.com
5 Attorneys for Intervenor Americans for Attorneys for AMG Capital Management, LLC;
Financial Reform Level 5 Motorsports, LLC; Black Creek
6 Capital Corporation; Broadmoor Capital
Partners, LLC; Scott A. Tucker; Park 269
7 LLC; Kim C. Tucker

8 VIA CM/ECF VIA EMAIL & U.S. MAIL


Craig B. Friedberg Benjamin N. Hutnick
9 Law Offices of Craig B. Friedberg Berman & Rabin P.A.
4760 South Pecos Road, Suite 103 15280 Metcalf
10 Las Vegas, NV 89121 Overland Park, KS 66223
Tel.: 702-435-7968 Tel.: 913-649-1555
11 Fax: 702-946-0887 Fax: 913-652-9474
San Diego, California 92101-8494

Email: attcbf@cox.net Email: bhutnick@bermanrabin.com


655 West Broadway, Suite 1600

12 Attorneys for Intervenor Americans for Attorneys for Glenn Fisher and 5G Capital,
Financial Reform LLC
Ballard Spahr LLP

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/s/ Edward Chang
15 Edward Chang
Attorneys for the Court-appointed Monitor,
16 Thomas W. McNamara

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