Federal Deposit Insurance Company v. Ching et al

Filing 308

ORDER TO DISBURSE FUNDS signed by District Judge Kimberly J. Mueller on 3/20/18, ORDERING that the Clerk shall disburse the funds in deposit in the registry of this Court as detailed in this Order. (cc: Financial Dept) (Kastilahn, A)

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ELIOT S. JUBELIRER (SBN 61654)
[e-mail]
JEAN-PAUL P. CART (SBN 267516)
[e-mail]
SCHIFF HARDIN LLP
One Market
Spear Street Tower, Suite 3200
San Francisco, CA 94105
Telephone:
415.901.8700
Facsimile:
415.901.8701

KEVIN D. HUGHES
CA State Bar No. 188749
FOUNDATION LAW GROUP LLP
1999 Avenue of the Stars, Suite 1100
Los Angeles, CA 90067
Telephone: [phone]
Facsimile: 424.253.1101
Attorneys for Defendants Robert Ching,
Eugene Even, Donald Leforce,
Luther McLaughlin,
Robert Morgan, James Rickards,
Gary Strauss, Hubert Townshend,
John Coger and Keith Robbins

ANTONY S. BURT
(admitted pro hac vice)
[e-mail]
LAWRENCE H. HEFTMAN
(admitted pro hac vice)
[e-mail]
SCHIFF HARDIN LLP
233 South Wacker Drive
Suite 6600
Chicago, IL 60606
Telephone:
312.258.5500
Facsimile:
312.258.5600
Attorneys for Plaintiff
Federal Deposit Insurance Corporation
as Receiver for Butte Community Bank

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UNITED STATES DISTRICT COURT

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EASTERN DISTRICT OF CALIFORNIA

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FEDERAL DEPOSIT INSURANCE
CORPORATION AS RECEIVER FOR
BUTTE COMMUNITY BANK,

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Assigned to Hon. Kimberly J. Mueller

Plaintiff,

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Case No. 2:13-cv-01710-KJM-EFB

v.

ORDER TO DISBURSE FUNDS

ROBERT CHING, EUGENE EVEN,
DONALD LEFORCE, ELLIS
MATTHEWS, LUTHER McLAUGHLIN,
ROBERT MORGAN, JAMES
RICKARDS, GARY STRAUSS, HUBERT
TOWNSHEND, JOHN COGER AND
KEITH ROBBINS,
Defendants.

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ORDER TO DISBURSE FUNDS

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Pursuant to Plaintiff Federal Deposit Insurance Corporation as Receiver for Butte

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Community Bank (the “FDIC-R”) and Defendants Robert Ching, et al.’s (“Defendants”) Joint

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Stipulation for Order to Disburse Funds (the “Stipulation”), IT IS HEREBY ORDERED that the

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Clerk of the Court shall disburse the funds in deposit in the registry of this Court as follows:

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(a)

The Clerk shall issue a check in the amount of $2,806,613.26 of the initial Deposit

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and 99.76% of any accrued interest on the Deposit made payable to “Federal Deposit Insurance

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Corporation as Receiver for Butte Community Bank,” referencing FIN 10278, and mailed to J.

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Stuart Tonkinson, Counsel, FDIC, 1601 Bryan Street, 15th Floor, Dallas, Texas 75201.

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(b)

The Clerk shall issue a second check in the amount of the remaining $6,886.21 of

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the initial Deposit and 0.24% of any accrued interest on the Deposit made payable to “Foundation

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Law Group LLP Client Trust Account” and mailed to Kevin Hughes, Foundation Law Group

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LLP, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067.

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DATED: March 20, 2018.

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UNITED STATES DISTRICT JUDGE

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ORDER TO DISBURSE FUNDS

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ORDER TO DISBURSE FUNDS