Court of Appeals for the D.C. Circuit December 17, 2004, 03-5234 (Securities & Exchange Commission v. Loving Spirit Foundation Inc.)

United States Court of Appeals

FOR THE DISTRICT OF COLUMBIA CIRCUIT

Argued September 14, 2004 Decided December 17, 2004

No. 03-5234

SECURITIES AND EXCHANGE COMMISSION,

APPELLEE

v.

LOVING SPIRIT FOUNDATION INC. AND

PUMA FOUNDATION, LTD .,

APPELLANTS

PAUL A. BILZERIAN, ET AL.,

APPELLEES

Appeal from the United States District Court

for the District of Columbia

(No. 89cv01854)

David A.