Regions Bank v. Stewart

Filing 68

CHARGING ORDER AGAINST DEFENDANT DAVID STEWART entered, it is ORDERED AND ADJUDGED that the financial individual interests of Defendant David Stewart in ZLM Acquisitions, LLC, Shimmering Sands Development Company, LLC, and P&P Acquisitions, LLC be ch arged with payment of the Final Judgment rendered in this action in favor of Plaintiff Regions Bank for seven hundred eighty-six thousand, one hundred eighty-four dollars and thirty-nine cents ($786,184.39), as further set out. Signed by Magistrate Judge Bert W. Milling, Jr on 5/10/2011. (clr)

IN THE UNITED STATES DISTRICT COURT
FOR THE SOUTHERN DISTRICT OF ALABAMA
SOUTHERN DIVISION
REGIONS BANK, as Successor
Trustee of the Carl T. Martin
Estate-Trust Part One, and the
Carl T. Martin Estate-Trust
Part Two, as established under
the last will and testament of
Carl T. Martin, deceased,
Plaintiff,
vs.
DAVID STEWART,
DEFENDANT.

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CIVIL ACTION 10-0145-M

CHARGING ORDER AGAINST DEFENDANT DAVID STEWART
The Court has determined that Regions Bank is entitled to
damages of seven hundred eighty-six thousand, one hundred eightyfour dollars and thirty-nine cents ($786,184.39) as of November
8, 2010 and that Stewart is liable for the payment of those
damages (Docs. 53-54).

The Court has since granted Plaintiff’s

Renewed Application for Charging Order (Docs. 63, 67).
Therefore, pursuant to Fed.R.Civ.P. 69(a)(1) and Alabama
Code § 10-12-35, it is ORDERED AND ADJUDGED that the financial
individual interests of Defendant David Stewart in ZLM
Acquisitions, LLC, Shimmering Sands Development Company, LLC, and
P&P Acquisitions, LLC be charged with payment of the Final

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Judgment rendered in this action in favor of Plaintiff Regions
Bank for seven hundred eighty-six thousand, one hundred eightyfour dollars and thirty-nine cents ($786,184.39), accrued
interest thereon, and costs, and that said Companies are ORDERED
to report to the Plaintiff each time a distribution is made with
respect to any transferable interest, listing the amount and time
of all distributions made at the time or in connection with that
distribution, and distribute to Plaintiff any amounts that become
due or distributable to Regions Bank.
DONE this 10th day of May, 2011.

s/BERT W. MILLING, JR.
UNITED STATES MAGISTRATE JUDGE

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