First Republic Bank v. A & E Unlimited et al

Filing 42

ORDER DIRECTING THE CLERK OF COURT TO DISTRIBUTE INTERPLEADER FUNDS. Signed by Magistrate Judge Jacqueline Scott Corley on 6/4/2012. (ahm, COURT STAFF) (Filed on 6/4/2012)

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IN THE UNITED STATES DISTRICT COURT

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FOR THE NORTHERN DISTRICT OF CALIFORNIA

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Northern District of California

United States District Court

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FIRST REPUBLIC BANK,
Plaintiff,

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v.

Case No.: C11-6266 JSC
ORDER DIRECTING THE CLERK OF
COURT TO DISTRIBUTE
INTERPLEADER FUNDS

A & E UNLIMITED, et al.,
Defendants.

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By Order filed March 5, 2012, the Court directed Plaintiff in this interpleader action to

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deposit into an interest bearing account with the Clerk of the Court $161,000 in settlement

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funds due to Defendant A & E Unlimited (Dkt. No. 33). By letter dated May 31, 2012, the

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Court was advised that the Defendants had reached agreement on the distribution of the

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interpleader funds. Accordingly, the Clerk of the Court is directed to distribute the

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interpleader funds as set forth below:

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West Coast Aggregates, Inc.:

$17,000

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U.S. Internal Revenue Service:

$12,000

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State of California, Board of Equalization:

$74,000

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A&E Unlimited:

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Attorney Robert G. Padrick:

$58,000 plus any additional amounts in the
account, including all accrued interest

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Upon distribution of the funds, the Court will dismiss the case with prejudice, all
parties to bear their own attorney’s fees and costs.

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IT IS SO ORDERED.

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Dated: June 4, 2012
_________________________________
JACQUELINE SCOTT CORLEY
UNITED STATES MAGISTRATE JUDGE

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Northern District of California

United States District Court

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