upon them in making such determinations or looking for assets.").)
The Florida Fund Discovers the Harrison Frauds
In the spring of 2001, while investigating the Robinson frauds, the Florida Fund became aware that another Utah agent was having escrow account problems. (Pls.' Ex. 12, Meyers Dep. at 167-68; Pls.' Ex. 81, Cohen Dep. at 325-26.) Then, in early June 2001, during a status conference with the Utah Insurance Department regarding Robinson, the Department told Coleman and Cohen that it had received complaints about ATGF agent Clay Harrison. (Defs.' Ex. 4, Coleman Dep. at 35; Defs.' Mem. in Supp. S.J. at 12.) Following the meeting, Coleman and Cohen went to Harrison's office and told Harrison about the Insurance Department's concerns. (Defs.' Ex. 4, Coleman Dep. at 45-46; Pls.' Ex. 58, Harrisonrelating to ATGF and the fraudulent real estate transactions. (Pls.' Ex. 101, Break Orders.) The court appointed Rawlings as the receiver even though Rawlings was out of town at the time and had no knowledge of the Harrison action. (Pls.' Ex. 84, Rawlings Dep. at 145.)
The Florida Fund's "Clean-Up" Actions
In the wake of the Harrison and Robinson frauds, the Florida Fund and ATGF took a number of actions. As an initial matter, ATGF terminated its agency relationships with Robinson and Harrison and confiscated the agents' files.
After the title insurance losses from the Robinson and Harrison frauds had been identified, the Florida Fund entered into two transactions with ATGF designed to provide financial assistance to ATGF. The first transaction, on August 27, 2001, was an Assignment of certain salvage