Vision Bank v. Herbert
CHARGING ORDER Against Jule R. Herbert, Jr., granting 26 Application For Charging Order Against Jule R. Herbert, Jr.'s Interest in LLCs, it is ORDERED that the individual financial interests of JULE R. HERBERT, JR., in Algernon II Land Company, LLC, and Algernon Land Company, LLC (the Limited Liability Companies), be charged with payment of the Final Judgment rendered in favor of Plaintiff Vision Bank as set out in order. Signed by Judge Callie V. S. Granade on 4/5/2012. (mab)
IN THE UNITED STATES DISTRICT COURT
FOR THE SOUTHERN DISTRICT OF ALABAMA
JULE R. HERBERT, JR.,
) CIVIL ACTION NO. 11-00089-CG-M
CHARGING ORDER AGAINST
JULE R. HERBERT, JR.
WHEREAS, upon the Motion of Plaintiff for a Charging Order pursuant to
Section10A-5-6.05, Ala. Code (1975), charging the individual financial interests of
judgment debtor JULE R. HERBERT, JR., with payment $1,580,482.62, the
amount of the Final Judgment rendered by this Court on October 12, 2011, accrued
interest thereon, and Costs, and consideration having been given by this Court, and
good cause appearing, it is
ORDERED that the individual financial interests of JULE R. HERBERT,
JR., in Algernon II Land Company, LLC, and Algernon Land Company, LLC (the
“Limited Liability Companies”), be charged with payment of the Final Judgment
rendered in favor of Plaintiff Vision Bank, 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 Vision Bank.
DONE and ORDERED this 5th day of April, 2012.
/s/ Callie V. S. Granade
UNITED STATES DISTRICT JUDGE
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