Fujian Ocean Shipping Co. Ltd. v. O. W. Bunker Far East (S) Pte. Ltd. et al

Filing 125

ORDER AUTHORIZING INTERPLEADER DISBURSEMENT: NOW, IT IS HEREBY ORDERED, that the Clerk of Court shall forthwith distribute the interpleader funds on deposit in this action, comprising $881,872.57 plus any accrued interest under the Court' s CRIS system while on deposit, by check made payable to "Seward &Kissel LLP as attorneys". The Clerk of Court is respectfully directed to lift the stay in this matter and to CLOSE the case. (Signed by Judge Valerie E. Caproni on 5/31/2023) (tg) Transmission to Finance Unit (Cashiers) for processing.

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
FUJIAN OCEAN SHIPPING CO. LTD.,
individually and on behalf of
M/V ZHENG RUN (IMO No. 9593816), and
M/V ZHENG RONG (IMO No. 9593828)

USDC SDNY
DOCUMENT
ELECTRONICALLY FILED
DOC #:
DATE FILED: 05/31/2023

Plaintiff,
v.

No. 16 Civ. 00401 (VEC)

O.W. BUNKER FAR EAST (S) PTE. LTD.,
EQUATORIAL MARINE FUEL
MANAGEMENT SERVICES PTE LTD,
SINANJU MARINE SERVICES PTE LTD,
GLOBAL MARINE TRANSPORTATION PTE
LTD, GLOBAL ENERGY TRADING PTE LTD
and ING BANK N.V.
Defendants.
[PROPOSED] ORDER AUTHORIZING INTERPLEADER DISBURSEMENT
WHEREAS, this Court entered judgment in favor of ING Bank N.V. (“ING”) and against
Global Energy Trading Pte Ltd. (“GET”) upon an opinion and order dated March 28, 2022 and
clerk’s judgment entered March 29, 2022 (Dkts. 94, 95);
WHEREAS, GET filed a notice of appeal to the United States Court of Appeals for the
Second Circuit on April 26, 2022 (Dkt. 98);
WHEREAS, pending the outcome of GET’s appeal, by Order dated August 4, 2022,
interpleader funds in the amount of $881,872.57 were ordered deposited into an interest-bearing
account under the Court’s Court Registry Investment System (CRIS) (Dkt. 115);
WHEREAS, the Court’s judgment was affirmed by the Second Circuit Court of Appeals
by order dated April 20, 2023 and issued as a mandate on May 11, 2023 (Dkt. 123);

NOW, IT IS HEREBY ORDERED, that the Clerk of Court shall forthwith distribute the
interpleader funds on deposit in this action, comprising $881,872.57 plus any accrued interest
under the Court’s CRIS system while on deposit, by check made payable to “Seward &
Kissel LLP as attorneys”.

The Clerk of Court is respectfully directed to lift the stay in this matter and to CLOSE the case.

__________________________________
Hon. Valerie E. Caproni
UNITED STATES DISTRICT JUDGE

05/31/2023

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