Wesbster Business Credit Corp v. Bradley Lumber Company et al

Filing 308

ORDER OF DISBURSEMENT OF REGISTRY FUNDS as reflected by previous orders of the Court. Signed by Honorable Robert T. Dawson on March 30, 2012. (cnn)

IN THE UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF ARKANSAS
EL DORADO DIVISION
WEBSTER BUSINESS CREDIT
CORPORATION.
v.

PLAINTIFF
Case No. 08-1083

BRADLEY LUMBER COMPANY;
BRADLEY SPECIALTIES, LLC;
BRADLEY SPECIALTIES DIVISION,
an unincorporated company;
BRADLEY LUMBER COMPANY OUTLET
STORE, LLC; F. DAVID CHAMBERS
DEFENDANTS
v.
ARKANSAS DEVELOPMENT
FINANCE AUTHORITY

PLAINTIFF-INTERVENOR

v.
WEBSTER BUSINESS CREDIT CORP.;
BRADLEY LUMBER COMPANY;
PARKWAY BANK
F. DAVID CHAMBERS; MICHELLE
CHAMBERS; and ARKANSAS
ECONOMIC DEVELOPMENT COMMISSION
AXIS SURPLUS INSURANCE COMPANY
v.

DEFENDANTS
PLAINTIFF

CASE NO. 11-1028

OASIS TRADING, LLC,
ARKANSAS DEVELOPMENT FINANCE
AUTHORITY, ARKANSAS ECONOMIC
DEVELOPMENT COMMISSION,
WEBSTER BUSINESS CREDIT CORP.,
PARKWAY BANK and
BRADLEY LUMBER COMPANY,

Page 1 of 2 

DEFENDANT-INTERVENEE

DEFENDANTS

ORDER
For the reasons reflected in the Court’s previous Orders,
the Clerk of the Court is hereby ordered to disburse to the
parties
Registry

the
of

remaining
the

interpled

court

in

funds

Case

deposited

No.

11-1028,

with

the

totaling

$1,369,921.72, plus ninety percent (90%) of any interest that
has accrued.

The Clerk shall collect the Registry Fee of ten

percent (10%) of the interest earned on deposit in accordance
with Local Rule 67.1(m).

The Clerk is directed to make such

disbursement to the parties in proportion to their respective
shares in the Settlement Agreements (11-1028:
(08-1083: Doc.

304)

Docs. 81 and 138)

and the Court’s Memorandum Opinion and

Order (Doc. 132).
In

addition

to

the

funds

previously

disbursed

to

AEDC,

Parkway Bank and ADFA, those parties shall take proportionate
shares of the interest accrued from their March 21, 2012 award,
less ten percent (10%) fee, through the date of this Order.
ADFA, Webster and Oasis shall take proportionate shares of
the interest accrued from their March 27, 2012 award, less ten
percent (10%) fee, through the date of this Order.
All parties are to bear their own costs and fees.
IT IS SO ORDERED this 30th day of March, 2012.
/s/ Robert T. Dawson________
HONORABLE ROBERT T. DAWSON
UNITED STATES DISTRICT JUDGE
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