Wells Fargo, N.A. v. SSL 9, Inc. et al

Filing 24

ORDER Granting #20 Motion to Deposit Funds. Signed by Judge Andrew P. Gordon on 4/26/2021. (Copies have been distributed pursuant to the NEF - JQC)

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1 Abran E. Vigil Nevada Bar No. 7548 2 BALLARD SPAHR LLP 1980 Festival Plaza Drive, Suite 900 3 Las Vegas, Nevada 89135 Telephone: 702.471.7000 4 Facsimile: 702.471.7070 vigila@ballardspahr.com 5 6 Attorney for Plaintiff 7 8 UNITED STATES DISTRICT COURT 9 DISTRICT OF NEVADA 10 Wells Fargo, N.A., Plaintiff, Las Vegas, Nevada 89135 12 v. 702.471.7000 FAX 702.471.7070 BALLARD SPAHR LLP 1980 Festival Plaza Drive, Suite 900 11 13 SSL 9, Inc. d/b/a Kleantech Systems a/k/a Kleantech Anti-Viral Systems; Ivan 14 Jackson; Bala Palanisamy; Blumerq Investments, LLC; Radahi Ramasamy; 15 Sam A. Eidy; 16 CASE NO. 2:21-cv-00346-APG-EJY ORDER AUTHORIZING DEPOSIT OF FUNDS INTO THE COURT REGISTRY AND SETTING SCHEDULING CONFERENCE PURSUANT TO LR 22-1 Defendants. 17 18 19 The Court having considered Plaintiff Wells Fargo, N.A.’s Motion for 20 Interpleader Deposit And For The Court to Set A Scheduling Conference as Required 21 by LR 22-1 and for good cause shown: 22 IT IS HEREBY ORDERED, ADJUDGED, AND DECREED THAT Wells Fargo 23 N.A.’s Motion is GRANTED. 24 IT IS FURTHER ORDERED, ADJUDGED AND DECREED: 25 1. Wells Fargo, N.A. is granted leave to deposit $1,200,000 (the 26 “Interpleader Funds”) into the Registry Account for this Court; 27 2. The Clerk of the Court shall accept tender of the Interpleader Funds 28 from Wells Fargo, N.A.; DMNORTH #7548330 v1 1 3. Upon receipt of the Interpleader Funds, the Clerk of Court shall deposit 2 the same into the United States Treasury to be invested in the Court Registry 3 Investment System (CRIS) Disputed Ownership Fund (DOF), the investment 4 management tool of the Administrative Office of the United Sates Courts; 5 4. The Interpleader Funds shall be placed in an interest-bearing account 6 in the name of “Clerk of Court of the United States District Court for the District of 7 Nevada, Civil Action No. 2:21-cv-00346-APG-EJY;” 8 5. Upon deposit of the Interpleader Funds, as may be evidenced by notice 9 from the Clerk or a notice attaching a receipt of deposit filed by Wells Fargo, N.A., 10 Wells Fargo may lodge an order discharging Wells Fargo from further liability 11 relating to the Interpleader Funds; Las Vegas, Nevada 89135 702.471.7000 FAX 702.471.7070 BALLARD SPAHR LLP 1980 Festival Plaza Drive, Suite 900 12 6. The Administrative Office of the United States Courts shall deduct a fee 13 from interest earnings, not exceeding that authorized by the Judicial Conference of 14 the United States and set by the Director of the Administrative Office, at an annual 15 rate of two-tenths of one percent of all funds deposited under 28 U.S.C. §1335, 16 whenever such income becomes available for deduction in the investment so held and 17 without further order of the Court; 18 7. The Interpleader Funds deposited with the Court Registry Investment 19 System shall remain on deposit until further order of the Court; and 20 21 22 8. The Court shall set a scheduling conference as required by LR 22-1. April 26, 2021 Dated:____________ ___________________________ Hon. Andrew P. Gordon CASE NO. 2:21-cv-00346-APG-EJY 23 24 25 26 27 28 DMNORTH #7548330 v1 2

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