The Zeek Rewards Receiver files his quarter four report for 2017 on February 15th.

The Zeek Receivership has mostly wound down, however a few outstanding clawback related tasks remain.

In no particular order, key information from the Zeek Receiver’s fourth quarter report is as follows:

$1,826,585 was collected from net-winner settlements throughout the quarter

The
Payza PaymentsWorld VictoriaBank saga
is
still under appeal
with a decision pending

Dawn Wright-Olivares’ Arkansas home is expected to be listed for sale sometime during this quarter (2018)

members of the US net-winner class tried to get out of clawback by filing various motions, all of which were denied last month

work on collection from foreign net-winners continues

the Receiver and Kaplan are engaged in settlement discussions, with a second mediation scheduled for February 28th

the Receiver is attempting to settle the
USHBB clawback lawsuit
prior to trial

As at the end of the fourth quarter the Receivership is sitting on $27.3 million.

A final distribution will be made at some point to Zeek victims with allowed claims, presumably when the outstanding issues above are (mostly) resolved.

🤖 Quick Answer

How much money was collected from Zeek Rewards net-winners in the fourth quarter of 2017?
The Zeek Receivership collected $1,826,585 from net-winner settlements during the fourth quarter of 2017, according to the Receiver's quarterly report filed on February 15th, 2018.

What legal matters remained pending in the Zeek Receivership case?
Several outstanding issues persisted, including an appeal regarding the Payza PaymentsWorld VictoriaBank case awaiting a decision, ongoing collection efforts from foreign net-winners, and settlement negotiations between the Receiver and Kaplan.

What actions did US net-winners attempt regarding clawback obligations?
Members of the US net-winner class filed various motions attempting to avoid clawback obligations; however, all such motions were denied during the preceding month.

**What asset liquidation

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