DE 1937 - PAPERLESS ORDER denying [1842] Chehebar Investors' Motion to Intervene ("Motion"). As discussed at the Hearing held on the Motion on May 23, 2024, [ECF No. 1935], the Court finds that the Chehebar Investors may adequately protect their interest by litigating the issue of their purported priority lien interests within the context of the Receiver's claims adjudication process as overseen and reviewed by the Court. See Chiles v. Thornburgh, 865 F.2d 1197, 1213 (11th Cir. 1989) (requiring a party to show "he is so situated that disposition of the action, as a practical matter, may impede or impair his ability to protect that interest" prior to intervening in a case). Indeed, while the Court is cognizant of the availability of summary proceedings in the disposition of this Receivership, the Court intends to hold an evidentiary hearing regarding the purported security interest at issue here--as is proper under Eleventh Circuit precedent. See Sec. & Exch. Comm'n v. Torchia, 922 F.3d 1307, 1312 (11th Cir. 2019); Sec. & Exch. Comm'n v. Wells Fargo Bank, N.A., 848 F.3d 1339, 1341 (11th Cir. 2017). Signed by Judge Rodolfo A. Ruiz, II on 5/23/2024. (mei)