COLUMBUS BANK AND TRUST COMPANY v. LAW OFFICE OF MICHAEL A EDDINGS PC et al

Filing 209

ORDER FOR DISTRIBUTION of Funds. Ordered by US Mag Judge Stephen Hyles on 8/14/13. (AGH)

IN THE UNITED STATES DISTRICT COURT
FOR THE MIDDLE DISTRICT OF GEORGIA
COLUMBUS DIVISION
COLUMBUS BANK AND TRUST
COMPANY, a division of Synovus Bank,
Petitioner,
v.
LAW OFFICE OF MICHAEL A.
EDDINGS, P.C., et al.,
Respondents.
____________________________________

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CASE NO. 4:11-cv-184-MSH

ORDER FOR DISBURSEMENT OF FUNDS
As previously explained by the Court in its August 12 Order (ECF No. 208), the
October 27 Respondents are entitled to receive funds from the amount interpled with the
Court. In the time that the interpled funds have been on deposit with the Court, $213.95
in interest has accrued. Additionally, the amount provided to the United States District
Court was $473,065.97, not the original amount of $472,949.34 deposited with the
superior court. The Court assumes that this $116.63 difference is the result of interest
accrued while being held in the registry of the superior court. The total amount in the
interpled fund is therefore currently $473,279.92 which represents 88.87% of the amount
requested. The disbursements below reflect some small changes to account for the
interest:
Jerome Rogers -- $79,540.72
Well Fargo Bank, N.A. -- $203,444.72
FBMC Mortgage Corporation -- $6,374.71

Crescent Mortgage Company -- $19,831.96
Fannie Mae -- $155,370.21
Ike A. Nwaobi -- $8,717.60
The parties receiving a disbursement are directed to provide the financial administrator
for the United States District Court Middle District of Georgia with their addresses and
tax identification numbers. It is ORDERED that the funds be distributed as provided
above.
SO ORDERED, this the 14th day of August, 2013.
S/ Stephen Hyles
UNTED STATES MAGISTRATE JUDGE

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