-JO Jacob Friedman, Estelle Sapir and Miriam Stern, on Behalf of Themselves and All Others Similarly Situated v. Union Bank of Switzerland, et al. (See Doc. No. 897)

Filing 4702

MEMORANDUM AND ORDER Approving Set 21: 9 Adjustments Certified by the Claims Resolution Tribunal Pursuant to Article 31(2) of the Rules Governing the Claims Resolution Process and Authorizing Payment from the Settlement Fund (This is Doc. No. 104 filed in 09 CV 160 on 5/26/11). Ordered by Senior Judge Edward R. Korman on 3/26/2011. (Greene, Donna)

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UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK * MAY 262011 ----------------------------------------------------------- BROOKLY~F~~~;:NO. 09-160 (ERK)(JO) ... IN RE: HOLOCAUST VICTIM ASSETS LITIGATION : (Consolidated with CV 96-4849, CV 96-5161 and CV 97-461) • This Document Relates to: All Cases MEMORANDUM & ORDER x MEMORANDUM & ORDER APPROVING SET 21: 9 ADJUSTMENTS CERTIFIED BY THE CLAIMS RESOLUTION TRIBUNAL PURSUANT TO ARTICLE 31(2) OF THE RULES GOVERNING THE CLAIMS RESOLUTION PROCESS AND AUTHORIZING PAYMENT FROM THE SETTLEMENT FUND KORMAN, Senior Judge: As provided under the Settlement Agreement, and in accordance with the procedures established in the December 8, 2000 Memorandum & Order and in the Distribution Plan, and my June 16, 2010 Memorandum and Order Approving Adjustment of Presumptive Values Used in the Claims Resolution Process and Authorizing Additional Payments for Deposited Assets Class Plausible Undocumented Awards, the Claims Resolution Tribunal (the "CRT") is hereby requesting the Court's approval, pursuant to Article 31(2) of the Rules, of 9 Certified Adjustments listed in Annex A and the resources to pay these Adjustments through funds to be deposited in the Swiss Banks Settlement-Dormant Accounts-Payment Account from the Settlement Fund. The total amount of these 9 Adjustments is US $971,411.16. The Certified Adjustments listed in Annex A have been certified by the CRT in accordance with the presumptive value adjustment amounts set forth in my June 16, 20 I 0 Memorandum & Order (see chart, "Article 29 Value Presumptions for Accounts with Unknown or Low Values (1945 Values)"). As set forth in the Adjustments and as required by Article 31 (3) of the Rules, the Certified Adjustments shall be paid in full by the Special Masters after approval of such Adjustments by the Court. Therefore, it is hereby ORDERED that the attached 9 Adjustments hereby are approved for payment pursuant to Article 31(2) of the Rules; ORDERED that for the payment of these 9 Adjustments certified by the CRT and approved by the Court, the Signatories of the Settlement Fund are hereby ordered to transfer immediately US $971,411.16 from the Settlement Fund to the Swiss Banks SettlementDormant Accounts-Payment Account; It is further ordered that the Special Masters shall provide the Court with the name and address of every class member receiving an Adjustment which information shall be filed with the Court under seal. I will issue additional orders approving Adjustments certified by the CRT and transferring further sums from the Settlement Fund as the CRT certifies them to this Court. Dated: Brooklyn, New York March ~, 2011 SO ORDERED: s/Edward R. Korman Edward R. Korman United States District Judge CLAIMS RESOLUTION TRIBUNAL PV BATCH XXI - ANNEX A Pursuant to Article 16 of the Rules Governing the Claims Resolution Tribunal, as amended, (the "Rules"), the Claims Resolution Tribunal hereby certifies as of 28 March 2011 the following Adjustments for approval by the Court: • Claim Number(s) 1 2 3 4 5 6 7 8 9 600767 217545, 217758 221204, 501812 400697, 401223 501874 212142, 212143, 501077 402179 751112 402231, 402232, 402233 Account Owner Name Bauer, Johanna Adjustment Amount (USD) 99,132.23 Bloch, Charles et al 1,621.90 Bondi, Helene et al 82,510.34 Broch, Erich 82,510.34 Gumprich, Adolf et al 80,888.43 Leser, Eduard et al 409,617.76 Schindler, Julius Scholem-Sussmann, S. 84,132.23 63,419.42 Strakosch, Wally et al 67,578.51 TOTAL $971,411.16

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