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)

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
[phone]
[phone]; [phone]
[e-mail]
[phone] (Fax)
[e-mail]
M. Shapiro Real Estate Group
[e-mail]
Court Appointed Receiver
Mark S. Kassab
31550 Northwestern Highway #220
Farmington Hills, MI 48334
[phone]
[e-mail]
__________________________________________________________________/

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

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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

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