Securities and Exchange Commission v. Watermark Financial Services Group, Inc. et al

Filing 232

ORDER GRANTING Plaintiff's 231 Motion for Disbursement of Funds to Pay Tax Obligations and Fees of the Tax Administrator. Signed by William M. Skretny, Chief Judge on 3/29/2013. - CLERK TO FOLLOW UP AS SPECIFIED in ORDER. - (MEAL)

UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF NEW YORK
SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
v.

ORDER
08-CV-361S

WATERMARK FINANCIAL SERVICES
GROUP, INC., ET AL.,
Defendants.

IT HEREBY IS ORDERED, that for good cause shown, Plaintiff’s Motion for
Disbursement of Funds to Pay Tax Obligations and Fees of the Tax Administrator (Docket
No. 231) is GRANTED.
FURTHER, that the Clerk of Court shall issue a check on the Court Registry Account
under the case name designation “SEC v. Watermark Financial” in the amount of $2,931,
payable to “Damasco and Associates, Trust Account,” for the payment of the tax
obligations set forth in the Tax Payment Declaration (Docket No. 231-2). The check shall
contain the notation “2008-2012 tax payment” and have federal tax identification number
“XX-XXX5470" (on file with the Court) written on it.
FURTHER, that the Clerk of Court shall issue an additional check on the Court
Registry Account payable to “Damasco & Associates” for the payment of fees and
expenses of the Tax Administrator as set forth in the Fee Request Declaration (Docket No.
231-3.) The check shall contain the notation “Tax Administrator Fees from inception
through March 14, 2013."

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FURTHER, that the Clerk of Court shall send the checks by overnight mail to the
following address:
Damasco & Associates LLP
700 Monte Vista Lane
Half Moon Bay, CA 94019
FURTHER, that Plaintiff’s counsel shall provide the Clerk of Court with an overnight
shipping form billing the shipment to Plaintiff.
SO ORDERED.

Dated: March 29, 2013
Buffalo, New York

/s/William M. Skretny
WILLIAM M. SKRETNY
Chief Judge
United States District Court

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