Anwar et al v. Fairfield Greenwich Limited et al

Filing 1343

DECLARATION of Robert C. Finkel, Esq. in Support of Entry of an Order Authorizing Distriubtion of the Fairfield Greenwich Net Settlement Fund. Document filed by Pacific West Health Medical Center, Inc. Employee's Retirement Trust. (Attachments: #1 Exhibit A, #2 Text of Proposed Order Authorizing Distribution of the Fairfield Greenwich Net Settlement Fund)(Finkel, Robert)

Exhibit A 
Expenses Incurred by Plaintiffs’ Co‐Lead Counsel in Connection  
with Negotiation and Execution of Security Interests 

Item 1 

Item 2 
Item 3 

Total 

Legal Fees 
     Duval & Stachenfeld 
     Staiger Schwald 
Total 
Recording Tax 
Formation of LLC 

$96,050  
$2,9232 
$98,973 
$69,3603 
$1,776 

$170,109 
1

1

 Consisting of $94,050 billed to date and an estimated $2,000 for fees related to closing and recording the lien. 
 Converted from Swiss Francs on November 24, 2014. 
3
 Based on a lien of $6 million.  This amount may be subject to change based on continuing analysis regarding the 
property value, but in any event, will not exceed $69,360. 
2

Item 1 

Item 2 

Zodiac Title Services LLC

300 Broadhollow Road, Suite 100W
Melville, NY 11747
[phone]

File Number: 104874
Loan Amount: $7,500,000.00

Estimated Title Fees
Property:

400 FIRST NECK LANE
SOUTHAMPTON, NY 11968 (SUFFOLK)

Borrower(s): WALTER M. NOEL JR. AND MONICA H. NOEL
400 First Neck Lane
Southampton, NY 11968
Description

Lender

Borrower

Seller

Title Charges
Lender's Coverage $7,500,000.00 Premium $22,740.00

$22,740.00

NY Standard Endorsement for use with 2006 ALTA Loan Policy Endorsement(s)
NY TIRSA Residential Mortgage Endorsement Endorsement(s)

$25.00

NY TIRSA Waiver of Arbitration Endorsement (Loan or Owner Policy) Endorsement(s)

$25.00

NY TIRSA Tax Parcel Endorsement Endorsement(s)

$25.00

NY TIRSA Variable Rate Mortgage Endorsement Endorsement(s)

$25.00

NY TIRSA Mortgage Tax Endorsement Endorsement(s)

$25.00

NY TIRSA Cluster Endorsement Endorsement(s)

$25.00

NY TIRSA Access Endorsement Endorsement(s)

$25.00

Express Delivery Service Fees

$25.00

Bankruptcy Search

$50.00

Escrow Service Charge

$85.00

Municipal Fee

$350.00

NY Sales State Tax

$34.50

Patriot Name Search

$50.00

Recording Service Charge

$15.00

Fire Search

$50.00

Health Dept Search

$50.00

Highway/Sidewalk Search

$50.00

Fuel Search

$50.00

Title Update

$25.00

Government Recording and Transfer Charges
Recording Fees: Mortgage

$230.00

State Tax/Stamps: Mortgage $39,360.00

$39,360.00

Lender paid state mortgage tax

$39,360.00

Additional Settlement Charges
Estimated Town/County Taxes due 12/1/14

$22,023.76

Totals

$39,360.00

$85,363.26

$0.00

NY Files Only: Title Closer Pick-up fee estimated $200-$250 per payoff (max$400). Payable to Title Closer at table.
Title costs for this transaction may include charges for certain services not specified in the TIRSA Rate Manual and are provided by
Zodiac Title Services LLC at the request of your lender or attorney. The issuance of the title policy is not dependent upon the
performance of such additional services.
Calculations provided in this quote are estimates for the selected Title Insurance Policies, Endorsements, Closing costs and
Recording Fees. There may be variables that need to be considered in determining the final rate to be charged. All estimates are
dependent upon the accuracy of the information provided. Contact our office, to confirm your quote at the time of closing.
Zodiac Title Services LLC is not responsible for any shortages of fees as a result of inaccuracies on the GFE or HUD. All title
charges as shown above are to be paid at time of closing. Please note line entries of $1.00, is a placeholder until the actual
document is received and charges are confirmed.

File Number: 104874

1

of 1

Zodiac Title Services LLC

300 Broadhollow Road, Suite 100W
Melville, NY 11747
[phone]

File Number: 105043
Loan Amount: $7,500,000.00

Estimated Title Fees
Property:

148-172 GANSEVOORT ROAD
SCHUYLERVILLE, NY 12871 (SARATOGA)

Borrower(s): STONEBRIDGE LLC
Description

Lender

Borrower

Seller

Title Charges
Lender's Coverage $7,500,000.00 Premium $20,422.00

$20,422.00

NY Standard Endorsement for use with 2006 ALTA Loan Policy Endorsement(s)
NY TIRSA 8.1 EPL Endorsement(s)

$25.00

NY TIRSA Residential Mortgage Endorsement Endorsement(s)

$25.00

NY TIRSA Waiver of Arbitration Endorsement (Loan or Owner Policy) Endorsement(s)

$25.00

Express Delivery Service Fees

$25.00

Bankruptcy Search (includes 104875, 105042 and 105043)

$100.00

Escrow Service Charge

$85.00

Municipal Fee (covers 105043, 105042 and 104875)

$750.00

NY Sales State Tax

$94.50

Patriot Name Search (includes 105043, 105042 and 104875)

$100.00

Recording Service Charge

$30.00

Abstract Fee covers 105043, 105042 and 104875

$5,000.00

Title Update

$25.00

Town Muni Fees C/O (Lot 1.1113)

$25.00

Town Muni Fees C/O (Lot 1.22)

$10.00

Government Recording and Transfer Charges
Recording Fees: Mortgage

$708.00

State Tax/Stamps: Mortgage $37,487.50

$37,487.50

Lender paid state mortgage tax

$37,487.50

Additional Settlement Charges
Town County tax due 1/1/15 (lot 54)

$3,865.22

Town County tax due 1/1/15 (1.22)

$336.72

Town County tax due 1/1/15 (Lot 1.113)

$9,116.16

Town County tax due 1/1/15 (lot 52.1)

$36,914.92

Totals

$37,487.50

$115,170.02

$0.00

NY Files Only: Title Closer Pick-up fee estimated $200-$250 per payoff (max$400). Payable to Title Closer at table.
Title costs for this transaction may include charges for certain services not specified in the TIRSA Rate Manual and are provided by
Zodiac Title Services LLC at the request of your lender or attorney. The issuance of the title policy is not dependent upon the
performance of such additional services.
Calculations provided in this quote are estimates for the selected Title Insurance Policies, Endorsements, Closing costs and
Recording Fees. There may be variables that need to be considered in determining the final rate to be charged. All estimates are
dependent upon the accuracy of the information provided. Contact our office, to confirm your quote at the time of closing.
Zodiac Title Services LLC is not responsible for any shortages of fees as a result of inaccuracies on the GFE or HUD. All title
charges as shown above are to be paid at time of closing. Please note line entries of $1.00, is a placeholder until the actual
document is received and charges are confirmed.

File Number: 105043

1

of 1

Item 3 

www.ctcorporation.com

Justin Arborn
Boies Schiller & Flexner LLP
575 Lexington Avenue
7th Floor
New York NY 10022

Sales Quote

The service and disbursement fees below represent an estimate of charges with respect to services you have recently requested. It is valid for 30 days.
Feel free to contact us with any questions or adjustments. We look forward to working with you on this project.
FOR INQUIRIES CONTACT:

Cody Gorman
New York Customer Service Group 3
111 Eighth Avenue
13th Floor
New York NY 10011
Phone: [phone] Fax: [phone]

INVOICE NUMBER

INVOICE DATE

10/15/14
ORDER NUMBER

ORDER DATE

CUSTOMER NUMBER

9313475 SQ

10/15/14

1452728

CUSTOMER REFERENCE - 1

Attention: Cody Gorman
(Federal Tax ID# 51-0006522)

CUSTOMER REFERENCE - 2

None Given

None Given

REQUESTED BY

AMOUNT DUE

$ 978.75

Justin Arborn

Page 1 of 1
SERVICE CHARGES

DISBURSEMENTS

AMOUNT DUE

Anwar Settlement Class LLC (NY)
Services Cert Copy of Cert of Pub - New York *
Certificate of Publication - New York
Publication - New York

56.80
157.60
111.20

Disbursements Cert Copy of Cert of Pub - New York *
Certificate of Publication - New York
24-Hour - Expedite - 24 hr - New York
Obtain Doc/Certs Expedite Fees - Expedite - 24 hr - New York *
Publication - New York
SUBTOTAL

10.00
50.00
25.00
25.00
535.00
325.60

645.00

$970.60

Tax
Taxes on applicable services

8.15

* services subject to tax

SUMMARY
Total Savings on this Invoice

Service Charges

$325.60

Disbursements
Sales Tax

645.00
8.15

TOTAL AMOUNT DUE

$ 978.75

$ 81.40