TBF Financial, LLC v. Drouillard et al

Filing 39

ORDER granting 35 Motion authorizing disbursement to TBF Financial, LLC. Signed by District Judge George Caram Steeh. (MBea)

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UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN (SOUTHERN DIVISION) TBF FINANCIAL, LLC, an Illinois limited liability company, Case No. 2:14-CV-11495 Hon. George Caram Steeh Mag. David R. Grand Plaintiff, vs. MARC DROUILLARD, an individual, and EXECUTIVE INSTALLATIONS, INC., a Michigan corporation, jointly and severally, Defendants. __________________________________________________________________/ PLUNKETT COONEY MILLER CANFIELD Douglas C. Bernstein (P33833) Heather M. Olson (P68632) Patrick C. Lannen (P73031) Attorney for Receiver Attorneys for Plaintiff 840 W. Long Lake Road 38505 Woodward Avenue, Suite 2000 Troy, MI 48098-6358 Bloomfield Hills, MI 48304 (248) 267-3277 (248) 901-4091; (248) 901-4027 olsonh@millercanfield.com (248) 901-4040 (Fax) dbernstein@plunkettcooney.com M. Shapiro Real Estate Group plannen@plunkettcooney.com Court Appointed Receiver Mark S. Kassab 31550 Northwestern Highway #220 Farmington Hills, MI 48334 (248) 865-0066 mkassab@mshapirorealestate.com __________________________________________________________________/ ORDER AUTHORIZING DISBURSEMENT This matter having come before the Court on motion by TBF Financial, LLC, an Illinois limited liability company (“TBF”), for disbursement, and the Court, after having reviewed the papers filed, and otherwise being fully informed in the premises, and finding that good cause exists, grants the relief sought, as follows, NOW, THEREFORE, IT IS ORDERED THAT: M. Shapiro Real Estate Group c/o Mark S. Kassab, the Court appointed Receiver (the “Receiver”) over certain real property commonly known as 1225 East Third Street, Monroe, Michigan 48161 (the “Property”), is authorized, directly, or in connection with First American Title Insurance Company, to distribute to TBF the “Net Proceeds of Sale” as defined in the September 22, 2015 Receivership Order in this case (Dkt. No. 21) based on the Receiver’s sale of the Property. If First American Title Insurance Company is holding the “Net Proceeds of Sale” as defined in the September 22, 2015 Receivership Order in this case (Dkt. No. 21) based on the Receiver’s sale of the Property, then it is ordered to disburse them to TBF. IT IS SO ORDERED. s/George Caram Steeh United States District Judge Dated: February 7, 2017 2 Approved as to form: /s/ Patrick C. Lannen Patrick C. Lannen (P73031) Attorney for TBF /s/ Heather M. Olson Heather M. Olson (P68632) Attorney for Receiver 3

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