VC MACON GA LLC v. VIRGINIA COLLEGE LLC et al

IN THE UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF GEORGIA
MACON DIVISION
VC MACON GA, LLC
Plaintiff
v.
VIRGINIA COLLEGE, LLC; and
EDUCATION CORPORATION OF
AMERICA,
Civil Action No. 5:18-cv-00388-TES
Hon. Tilman E. Self III
Defendants.
ORDER
This matter came to be heard upon the Motion of the Receiver for an order granting
expedited advice and permission to make interim distributions.
Upon consideration of the Motion; and it appearing that the notice of the Motion provided
is appropriate and sufficient under the circumstances and that no other or fmther notice need be
given; and upon finding that due and sufficient notice of the Motion was given, all pa1ties in
interest have received notice and have been heard or had the oppo1tunity be heard, and that no
other or further notice is required; it is hereby
1. 	ORDERED that the Motion is GRANTED.
2. 	The Receiver is permitted, in his sole business judgment, to make interim distributions,
as permitted in the Claims Order (Doc. 175), to the claims and resolutions as previously
approved by this Comt, in Bucket #3 and the Exchange Bank approved priority claim.
3. 	Receiver is to report back to the Comt to seek direction on the next wave of interim
distributions, or depending on the status of the wind down, seek authority for a final
distribution and closure of the Receivership.
Case 5:18-cv-00388-TES Document 686 Filed 03/16/26 Page 1 of 2

4. 	The Receiver's actions and requested relief are found to be prndent considering the
circumstances and a reasonable exercise of the Receiver's business judgment.
5. 	This Order shall be immediately effective and enforceable upon its entry and there shall be
no stay of execution or effectiveness of this Order, notwithstanding anything to the contra1y
proscribed by applicable law.
6. 	This Cornt shall retain jurisdiction with respect to all matters arising from or related to the
enforcement of this Order.
SO ORDERED, this _& day of _ ___,.'--___,
F, III, JUDGE
UNITED STATES DISTRICT CO
Case 5:18-cv-00388-TES Document 686 Filed 03/16/26 Page 2 of 2