U S Bank National Association ND v. Elender Escrow Inc et al

Filing 212

ORDER directing the four defendants to pay an aggregate total of $650,000 to U S Bank National Association ND. The paying parties are to deposit their respective shares into the registry of the Court. Each party's check must be made payab le to "Clerk, United States District Court for the Eastern District of Arkansas," and must reference both case numbers. The Clerk is directed to accept these funds for deposit. Signed by Magistrate Judge Jerry W. Cavaneau on 1/18/13. (kpr)

UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF ARKANSAS
WESTERN DIVISION

U.S. BANK NATIONAL ASSOCIATION, ND
V.

PLAINTIFF

NO. 4:11-cv-00123 JMM
Related Case: 4:10-cv-00293 JMM

ELENDER ESCROW, INC, et al

DEFENDANTS

ORDER
The parties in these cases have reached a settlement. One element of the
settlement agreement is that four defendants have agreed to pay an aggregate total
of $650,000 to U S Bank National Association ND.1 To facilitate full execution of
the settlement agreement, the paying parties are to deposit their respective shares
into the registry of the Court. Each party’s check must be made payable to “Clerk,
United States District Court for the Eastern District of Arkansas,” and must
reference both case numbers.
The Clerk is directed to accept these funds for deposit, invest them in an
interest bearing account until additional orders from the Court, and to deduct from
the income earned on the investment a fee not to exceed that authorized by the

1

It is understood that no party, by agreeing to make such payment, admits
liability, but rather the agreement is made to settle disputed claims.

Judicial Conference of the United States and set by the Director of the
Administrative Office.
IT IS SO ORDERED this 18th day of January, 2013.

_______________________________
UNITED STATES MAGISTRATE JUDGE