U.S. Bank National Association v. Triaxx Asset Management LLC et al

Filing 343

ORDER: Specifically, within five (5) business days of the entry of this Order by the Court, Triaxx Asset Management LLC ("TAM") and the three Issuers (Triaxx Prime CDO 2006-1, Ltd., Triaxx Prime CDO 2006-2, Ltd., and Triaxx Prime CDO 2 007-1, Ltd.) will take all steps necessary to cause Olshan to promptly transfer the Recoveries held in the Olshan Account to the Collection Accounts for each of the three Triaxx CDOs, with the $679,263.80 of Recoveries in the Olshan Account to be transferred as follows: (as further set forth in this Order.) Nothing in this order shall constitute an admission by any party or its counsel or a waiver or limitation of any rights or remedies in connection with this matter. (Signed by Magistrate Judge Barbara C. Moses on 5/12/2021) (cf)

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