Resource Development International was an investment company whose owners offered fraudulent investment opportunities.

Current Events

09.10.2009 Order Regarding Amended Petition No 267
Petition to Authorize Final Distribution to Investors, Approve Final Fees and Expenses, and to Close the Receivership
Order Regarding Amended Petition No. 267
08.13.2009 Motion for Show Cause
Receiver files Motion for Show Cause Hearing as to Lonnie Schmidt
Lonnie Schmidt Petition
12.17.2007 Receiver files Third Status Report
On December 13th, 2007 the Receiver filed his third status report. Click the link below to access the report.
Receiver's Third Status Report

Click here for older news items...

Resources:

S.E.C. Website

Legal Terms: In plain English

Public Notice RE: CLAIMS PROCESS

The claims process has already occured and the date for which claims are accepted by the Receiver has already passed. This notice is maintained on this website as a matter of public record reference for all visitors. This notice is specifically intended for all claimants (investors) in the Resource Development International, LLC Receivership

 

The claims process is governed by a controlling document, that document is Petition No. 87, and it's corresponding order, ORDER RE: Petition No. 87. they are, respectively, The Motion for Order Establishing Claims Adjudication Procedures, and Order Establishing Claims Procedures.


Notice is hereby given that the United States District Court for the Northern District of Texas in Cause No. 3:02 CV 0605-R authorizes the Receiver to identify all claims in the Resource Development International, LLC Receivership prior to entering an order for liquidation and distribution of the available assets.

All investors, creditors and other persons who may have a claim against Resource Development International and the other Receivership Entities identified below, which arose prior to March 25, 2002 or against the assets held by the Receiver must file with the Receiver an original Proof of Claim, signed under oath by the claimant or an authorized representative. A Proof of Claim is available from the Receiver by calling (480) 948-1711, or by writing to the address indicated below, or by downloading a copy from the receivership website at www.rdi-receivership.com. Do not file the Proof of Claim with the Court. The original of the Proof of Claim (with required attachments) should be mailed, postage prepaid, or otherwise delivered to: Lawrence J. Warfield, Receiver, Resource Development International Receivership. 14555 North Scottsdale Road, Suite 340 Scottsdale, Arizona 85254. The Proof of Claim must be received by the Receiver no later than December 31, 2004 in order for the Proof of Claim to be considered timely filed.

Any investor, creditor or other claimant who does not file a properly completed Proof of Claim as provided above on or before December 31, 2004 shall be forever barred from participation in the distribution of funds held by the Receiver.

THE LAST DAY FOR FILING A PROOF OF CLAIM WAS DECEMBER 31st, 2004

PLEASE CLICK HERE TO CONTINUE TO THE PROOF OF CLAIM FORM DOWNLOAD PAGE

As of January 1st, 2005, the claim form has been removed from this site.

NOTICE OF RIGHT TO FILE CLAIM

RE: Resource Development International, LLC, et al.

Dear Investor/Claimant:

This letter is notice to all known investors, creditors and other persons who may have a claim against Resource Development International, LLC, David Edwards, James Edwards, Jade Asset Management, Ltd., Sound Financial Services, Inc., Intercoastal Group, LLC, Intercoastal Group II, LLC, Kevin Lynds, Gerald J. Stock, Blackwolf Holdings, LLC, William Whelan, Pacific International Limited Partnership, International Education Research Corporation, Galaxy Asset Management, Inc. and David Cluff, individually and d/b/a Rivera Trust 410 which arose prior to March 25, 2002, or against any of the assets held by the Receiver relating to the foregoing, that they must file with the Receiver an original Proof of Claim, signed under oath by the claimant or an authorized representative. A Proof of Claim form is enclosed with this letter.

Do not file the Proof of Claim with the Court. The original of the Proof of Claim (with the required attachments) should be mailed, postage prepaid, or otherwise delivered to:


Lawrence J. Warfield, Receiver
Resource Development International, LLC
14555 North Scottsdale Road, Suite 340
Scottsdale, Arizona 85254



THE LAST DAY FOR FILING A PROOF OF CLAIM IS DECEMBER 31, 2004. PLEASE NOTE THAT THE PROOF OF CLAIM MUST BE RECEIVED BY THE RECEIVER ON OR BEFORE DECEMBER 31, 2004 IN ORDER FOR THE PROOF OF CLAIM TO BE CONSIDERED TIMELY FILED.

Any investor, creditor or other claimant who does not file a properly completed Proof of Claim as provided above on or before December 31, 2004, shall be forever barred from participation in the distribution of funds held by the Receiver.

The approval or disapproval of claims and any distribution and determination of priority of claims for distribution will be determined at a future hearing to be held before the United States District Court for the Northern District of Texas.

Should you require an additional Proof of Claim form, contact the Receiver by calling (480)948-1711, by writing to the address indicated above, or by downloading a copy from the receivership website at www.rdi-receivership.com.

Lawrence J. Warfield, Receiver
Resource Development International, LLC Receivership

Click here to download the RDI Proof of Claim Form*


As of January 1st, 2005 the claim form has been removed from this site.

Click here to download "Petition No. 87: Petition for Order Establishing Claims Adjudication Procedures as to R.D.I. Et Al."*

 


 

*Note: The claim form and Petition 87 will open in a new browser window -if you have pop-up blocking software you may need to temporarily disable it. Alternatively, have the option to "right-click" on the link and choose "Save Target as..." which will allow you to to save it to your computer without having to open it in a browser window first. You will need Adobe Reader to view the file.