Notice to Receivership

IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR THE COUNTY OF MULTNOMAH Case No. 17CV39016 NOTICE OF RECEIVERSHIP DOUGLAS P. ROWELL, individually and derivatively on behalf of SANDY FARMS, LLC, Plaintiffs, vs. ROBERT F. UNDERWOOD, an individual, and TRANSPACIFIC FOOD, INC., an Oregon corporation, Defendants. To: All Creditors of Sandy Farms, LLC NOTICE IS HEREBY GIVEN, on February 28, 2019, the Circuit Court of the state of Oregon for Multnomah County in the above captioned case entered an Order Granting Plaintiff’s Motion for Appointment of Receiver (the Order). This Notice is provided pursuant to ORS 37.330 of the Oregon Receivership Code. The Order appoints Global Ventures, Inc. as receiver (the Receiver) over all assets of Sandy Farms, LLC (Sandy Farms), to serve until further order of the court for the purposes described in the Order, including, but not limited to, taking control of the receivership estate with the power and authority to preserve, protect, and liquidate those assets and distribute proceeds to the party or parties legally entitled thereto. A. Notice of Automatic Stay. The entry of the Order imposes an automatic stay against most collection activities. This means that creditors generally may not take actions to collect debts from Sandy Farms or the receivership estate, or attempt to exercise control over assets of the receivership estate. For example, while the stay is in effect, creditors cannot sue, garnish wages, assert a deficiency, repossess property, or otherwise try to collect from Sandy Farms, LLC, or from assets of the receivership estate. Creditors who violate the stay may be required to pay actual damages, costs, and reasonable attorney fees incurred as a result of the violation. See ORS 37.220(7). The terms of the Order also prohibit Sandy Farms, its members, agents, representatives, and other interested parties from interfering in any way with the Receiver’s custody and control of the receivership estate, or taking any actions that would damage, dissipate, impair, or prejudice the administration and preservation of the assets of the receivership estate. B. Do Not File Claims at This Time. The Receiver has not yet made a determination as to whether or not funds will be available for unsecured creditors after payment of the fees and costs of the receivership and amounts owed to secured creditors. Therefore, unsecured creditors do not need to file a claim unless and until you receive further notice to do so. No claims may be submitted until a claims process is first established by the Receiver. If the Receiver later determines that there will be assets available to pay unsecured claims, then unsecured creditors will receive further notice of a claims filing deadline and instructions how to file a claim at that time. C. The Name and Last Known Address of Sandy Farms, LLC: Sandy Farms, LLC 34500 SE Hwy. 211 Boring, OR 97009 Sandy Farms, LLC c/o FWW Services Inc., Its Registered Agent 121 SW Morrison St., Suite 600 Portland, OR 97204 D. The Name and Address of the Receiver is: Global Ventures, Inc. Attention: Mark Boyd 4721 354th Ave. SE Fall City, WA 98024 Email: The Name and Address of the Receiver’s Attorney is: Sussman Shank LLP Attention: Thomas W. Stilley and Jeffrey C. Misley 1000 SW Broadway, Suite 1400 Portland, OR 97205 Email: E. Procedures for Notifying Receiver for Notice Recipients Represented by Counsel. If you are a creditor or interested party who is represented by counsel, you must notify the Receiver and the Receiver’s attorney of such representation and provide contact information for your counsel. Such notification may be sent to the Receiver and the Receiver’s attorney by first class mail and/or by email using the contact information and addresses shown above in Section D. F. Parties Requesting Special Notice. If you desire further information regarding the receivership, or wish to receive special notice of actions taken or proposed in the receivership, you must provide your name, contact information, and the post-office and email addresses of the creditor/interested party and attorney (if any) to the office of the Receiver’s attorney as follows: Kathy Moody, Paralegal Sussman Shank LLP 1000 SW Broadway, Suite 1400 Portland, OR 97205 Email: Please note, you may not receive notice of further proceedings unless you specifically request to be placed on the special notice list. Dated this 1st day of March, 2019. SUSSMAN SHANK LLP By s/ Jeffrey C. Misley Thomas W. Stilley, OSB No. 883167 Jeffrey C. Misley, OSB No. 850674 Attorneys for Global Ventures, Inc., Receiver Published March 13 & 20, 2019. SP97652

ad: 97652

Publication: Miscellaneous 2

Section: Legals

Start Date: 2019/03/13

End Date: 2019/03/20

Court Number: 17CV39016

Owner: Sussman Shank LLp


County: Clackamas