National Credit Union Administration Board v. Vangh et al

Filing 71

ORDER GRANTING 69 Stipulation for an Order Authorizing Release of Funds. Signed by Judge Wilhelmina M. Wright on 09/07/2017. (LCD)

UNITED STATES DISTRICT COURT
DISTRICT OF MINNESOTA

National Credit Union Administration
Board, Acting in its Capacity as
Liquidating Agent for the Hmong
American Federal Credit Union,

Case No. 15-cv-3871 (WMW/KMM)

Plaintiff,
ORDER AUTHORIZING RELEASE
OF FUNDS
v.
True Yang Vangh and Nkajlo Vangh,
Defendants.
This matter is before the Court on the parties’ Stipulation for an Order Authorizing
Release of Funds. (Dkt. 69.) Based on the parties’ Stipulation and all the files, records
and proceedings herein, IT IS HEREBY ORDERED:
1.

Pursuant to the Court’s Order issued on November 3, 2015, (Dkt. 36),

which granted a preliminary injunction restraining Defendants True Yang Vangh and
Nkajlo Vangh from transferring, dissipating or disposing of assets except for reasonable
and ordinary personal living expenses, reasonable and ordinary business expenses and
reasonable attorneys’ fees unless specifically authorized by an order of this Court,
Defendants are permitted to make a one-time, lump sum payment of $100,000 to Plaintiff
National Credit Union Administration Board.

2.

The November 3, 2015 Order, (Dkt. 36), shall remain in effect in all other

respects.

Dated: September 7, 2017

s/Wilhelmina M. Wright_______
Wilhelmina M. Wright
United States District Judge

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