Mike's, Inc. v. Vessel White Star One et al

Filing 81

AGREED ORDER FOR DISTRIBUTION OF PROCEEDS OF SALE OF VESSEL.Signed by Chief Judge David R. Herndon on 7/18/2014. (mtm)

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IN THE UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF ILLINOIS MIKE’S, INC., Plaintiff, v. No. 3:13-cv-232-DRH-DGW Vessel WHITE STAR ONE, et al. Defendants. AGREED ORDER FOR DISTRIBUTION OF PROCEEDS OF SALE OF VESSEL HERNDON, Chief Judge: Pursuant to the settlement agreement announced in open court on July 9, 2014 of the Motion for Disbursement of Funds for Custodia Legis expenses filed by Mike's, Inc. [Doc. 69] and Motion for Disbursement of Funds filed by Regions Bank [Doc. 74], relating to the proceeds of the sale of the vessel WHITE STAR ONE for $600,000, and the receipt by the Clerk of Court from the U.S. Marshal of the sum of $590,890.88, representing the proceeds of the sale, less the statutorily-authorized commission and other lawful expenses of the Marshal's office, the Clerk of the Court is hereby ORDERED to pay promptly from the registry of the Court the amount of $295,445.44 to Mike's, Inc. and $295,445.44 to Regions Bank. Dated: July 18, 2014 Approved: Digitally signed by David R. Herndon Date: 2014.07.18 15:27:05 -05'00' CHIEF JUDGE U.S. DISTRICT COURT /s/ Robert Nienhuis Attorney for Mike's, Inc. /s/ James S. Cole Attorney for Regions Bank /s/ Theodore H. Lucas Attorney for White Star Line, LLC, John Joslyn, Management, and the Vessel WHITE STAR ONE /s/ Andrew S. Buchanan Attorney for ACF Property Inc.

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