Lennon tried to pull a fast one
"Thomas F. Lennon, Court-appointed permanent receiver for Tuco Trading, LLC
("Receiver"), hereby gives notice and corrects his Final Fee Application for Approval and
Payment of Fees and Costs to Thomas F. Lennon, Receiver, and supporting documents.
On or about August 20, 2009, the Receiver's counsel learned that the Receiver had
advanced funds to his company, Thomas F. Lennon, Inc. ("TFL"), from the Tuco receivership
estate against the pending fee application of the Receiver. The total advanced was $60,101. Upon
learning of the advances, the Receiver was promptly advised that such advances were prohibited
without prior Court approval. The Receiver has returned the advances to the Tuco estate together
with interest that would have been earned on the amounts advanced."
"Thomas F. Lennon, Court-appointed permanent receiver for Tuco Trading, LLC
("Receiver"), hereby gives notice and corrects his Final Fee Application for Approval and
Payment of Fees and Costs to Thomas F. Lennon, Receiver, and supporting documents.
On or about August 20, 2009, the Receiver's counsel learned that the Receiver had
advanced funds to his company, Thomas F. Lennon, Inc. ("TFL"), from the Tuco receivership
estate against the pending fee application of the Receiver. The total advanced was $60,101. Upon
learning of the advances, the Receiver was promptly advised that such advances were prohibited
without prior Court approval. The Receiver has returned the advances to the Tuco estate together
with interest that would have been earned on the amounts advanced."
