claimallegation
Risk of Asset Pilfering
Court found necessity to prevent pilfering of Cyberlux assets and protect plaintiffs from defendant absconding with corporate assets
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To prevent the pilfering of assets, allow the other Plaintiffs to bring their claims to this court, and specifically to ensure the Plaintiff's in this case are protected from Cyberlux absconding with corporate assets, the Court finds it necessary to maintain the existing receivership in series with a pre-judgment receivership
claimallegation
Chapter 64 Requirements Met
Court found that requirements for Texas Civil Practice & Remedies Code Chapter 64 pre-judgment receiver were satisfied
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Upon evidence admitted to this court, during the hearing for Temporary Restraining Order and Application for Appointment of Receiver the court finds the requirements for chapter 64 pre-judgment receiver has been met.
claimallegation
Tanner Standard Satisfied
Court found plaintiffs have good faith reasons to believe defendants own non-exempt property that cannot be readily attached by ordinary legal process, satisfying Tanner v. McCarthy standard
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Plaintiff have good faith reasons to believe that Defendant owns non-exempt rights to present or future property that cannot be readily attached or levied on by ordinary legal process as required by the standard set forth in Tanner. Such property includes, but is not limited to, real property, tangible and intangible assets, other property, professional corporations which have accounts receivable, bank accounts that are easily moved and constantly changing in balance, and community property held jointly.
claimallegation
Risk of Asset Concealment
Court found appointment of receiver justified because court believes non-exempt assets exist which plaintiffs are justified in believing defendants will hide
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The appointment of a Receiver to locate, marshal, and administer assets is justified because the Court believes that non-exempt assets exist which Judgment Plaintiffs are justified in believing Defendant will hide.
claimallegation
Receivership Necessary to Serve Justice
Court found receiver necessary to preserve corporate assets and serve justice, not to harass defendants
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A Receiver is necessary to preserve corporate assets, and that the Receivership is necessary not to harass, but to serve justice.
claimallegation
No Prejudice to Cyberlux
Court found no prejudice to Cyberlux by having receiver in place
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There is no prejudice to Cyberlux by having a Receiver in place.
claimallegation
No Adequate Remedy at Law
Court found plaintiffs have no adequate remedy at law for requested relief without the temporary restraining order
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Without this Temporary Restraining Order, the Plaintiff has no adequate remedy at law for the relief requested.
entityobservation
Cyberlux Corporation
Defendant corporation subject to receivership, with addresses in Durham, NC and Research Triangle Park, NC
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CYBERLUX CORPORATION (CORPORATION) 4625 Creekstone Dr Durham, NC 27703-8478 800 Park Offices Dr Suite 3209 Research Triangle Park, NC 27709
entityobservation
Mark D. Schmidt
Individual defendant, born February 27, 1965, SSN 246-31-0622, residing at 1134 Fearrington Post Apt 12, Pittsboro, NC 27312
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MARK D. SCHMIDT (INDIVIDUAL) 1134 Fearrington Post Apt 12 Pittsboro, NC 27312 5014 SSN: 246-31-0622 D.O.B. February 27, 1965
entityobservation
Robert W. Berleth
Court-appointed receiver, Texas Bar #24091860, practicing at Berleth & Associates, 9950 Cypresswood Dr. Suite 200
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"Receiver" refers to: ROBERT W. BERLETH. Receiver is the agent of this Court (not the attorney for any party), and is to be treated with the same courtesy accorded to the Court. BERLETH & ASSOCIATES Robert W. Berleth Texas Bar # 24091860 SDOT #: 3062288 E-mail: rberleth@berlethlaw.com
entityobservation
Atlantic Wave Holdings, LLC
Prior plaintiff in cause 2024-48085, whose payment triggered termination of original receivership
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the Court recognizes there is a current receivership in cause no. 2024-48085, styled Atlantic Wave Holdings, LLC, et. al. v. Cyberlux Corporation, et. al. The Court was advised during the Temporary Restraining Order hearing that due to payment of the single Plaintiff, Atlantic Wave Holdings, LLC, the existing receivership will terminate.
entityobservation
Hon. Beau Miller
Ancillary Judge Presiding over the 129th Judicial District Court, Harris County, Texas
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Hon. Beau Miller ANCILLARY JUDGE PRESIDING
eventattribution
Filing of Original Petition and Emergency TRO
Plaintiffs Tucker and Whiteley filed Original Petition and Emergency TRO/Injunction to Extend Receivership
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On the date of entry below, this Court considered Plaintiff's Original Petition and Emergency TRO/Injunction to Extend Receivership, reviewed the documents on file, relevant statutory and case law, admissible evidence, all arguments of the parties and counsel
eventattribution
TRO Hearing
Temporary Restraining Order hearing held where court received evidence and testimony regarding receivership necessity
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Upon evidence admitted to this court, during the hearing for Temporary Restraining Order and Application for Appointment of Receiver the court finds the requirements for chapter 64 pre-judgment receiver has been met. The court takes judicial notice of the evidence and testimony presented during the TRO hearing.
eventattribution
Court Order Filing
Order granting TRO and appointing receiver filed June 11, 2025 at 4:29 PM by District Clerk Marilyn Burgess, Envelope No. 101911236
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6/11/2025 4:29 PM Marilyn Burgess - District Clerk Harris County Envelope No. 101911236 By: Sasha Prince Filed: 6/11/2025 4:29 PM
eventattribution
Payment to Atlantic Wave Holdings
Payment made to Atlantic Wave Holdings, LLC triggering termination of prior receivership in cause 2024-48085
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The Court was advised during the Temporary Restraining Order hearing that due to payment of the single Plaintiff, Atlantic Wave Holdings, LLC, the existing receivership will terminate.
distillateallegation