According to this latest press release regarding the case in CFTC’s website (January 10), the hearing would be at January 28, 2008.
…the CFTC filed an ex parte motion seeking an order imposing a blanket freeze on FXLQ’s assets, ensuring access to FXLQ’s books and records by representatives of the Commission, and appointing a temporary receiver to marshal FXLQ’s assets. The Court granted this motion and entered a statutory restraining order (SRO). The Court then scheduled a hearing for January 4, 2008 to allow the Defendant to show cause why the SRO should not remain in place and why a preliminary injunction should not be entered finding that FXLQ violated the CEA, and ordering FXLQ not to violate the CEA. Recently, the show cause hearing was rescheduled to January 28, 2008.
It would be next week. In the meantime, the court has orderd that the assets to be under the control of the Court-appointed Receiver Robb Evans & Associates LLC. The Receiver will post the most current information at http://www.robbevans.com/html/forexlq.html.