Old Republic National Title Insurance Company v. Access Title, Ltd et al

Filing 20

ORDER ADOPTING 19 REPORT AND RECOMMENDATIONS for 3 Motion for TRO, Motion for Preliminary Injunction filed by Old Republic National Title Insurance Company. Signed by Honorable Jimm Larry Hendren on January 20, 2010. (src)

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IN THE UNITED STATES DISTRICT COURT WESTERN DISTRICT OF ARKANSAS FAYETTEVILLE DIVISION OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY v. Civil No. 10-5007 PLAINTIFF ACCESS TITLE, LTD. and NORTHWEST ESCROW SERVICES, INC. ORDER Now on this 20th day of January, 2010, DEFENDANTS comes on for consideration the Magistrate Judge's Report And Recommendation (document #19), to which the affected parties have waived objection, and the Court, having carefully reviewed said Report And Recommendation, finds that it is sound in all respects, and that it should be adopted in toto. IT IS THEREFORE ORDERED that the Magistrate Judge's Report And Recommendation is adopted in toto. IT IS FURTHER ORDERED that, for the reasons stated in the Magistrate injunction Judge's shall Report apply to And Recommendation, Escrow the following Inc. Northwest Services, ("Northwest") until this matter has been definitively resolved among all parties and an Order of this Court has been entered to that effect: 1. No disbursements or withdrawals shall be made from Northwest's escrow account that is the subject of this proceeding; 2. Northwest may continue to use its operating account for the sole purpose of paying Northwest employees and payroll taxes, and its normal business operating costs; 3. Northwest is restrained from selling, transferring, or otherwise disposing of or encumbering any of its assets; and 4. Northwest shall continue to cooperate with plaintiff in its accounting efforts by providing information to plaintiff pursuant to reasonable requests made. IT IS SO ORDERED. /s/ Jimm Larry Hendren JIMM LARRY HENDREN UNITED STATES DISTRICT JUDGE -2-

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