SOLIS v. KORESKO et al

Filing 1655

MEMORANDUM ORDER THAT THE ANNUITY PROCEEDS WILL BE SUBJECT TO THE ASSET SHORTFALL DISCOUNT, AND DISTRIBUTED ALONG WITH ANY OTHER MING COURT ASSETS AS DETERMINED BY MARCUM AT THE TIME THE TRUSTS ARE LIQUIDATED. SIGNED BY MAGISTRATE JUDGE ELIZABETH T. HEY ON 1/30/2018. 1/31/2018 ENTERED AND COPIES MAILED TO PRO SE, COUNSEL AND J. KORESKO AND E-MAILED.(amas)

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
R. ALEXANDER ACOSTA,
SECRETARY OF LABOR, UNITED
STATES DEPARTMENT OF LABOR
v.
JOHN J. KORESKO, V, et al.

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CIVIL ACTION

NO. 09-988

ORDER
AND NOW, this 30th day of January, 2018, upon consideration of Ming Court’s
plan documents, the updated Plan Sponsor Statement, the Department of Labor’s
supplemental filing, and notice from the plan sponsor that Ming Court has no objection to
the updated plan sponsor statement, IT IS HEREBY ORDERED that the annuity
proceeds will be subject to the asset shortfall discount, and distributed along with any
other Ming Court assets as determined by Marcum at the time the Trusts are liquidated.
BY THE COURT:
/s/ELIZABETH T. HEY
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ELIZABETH T. HEY, U.S.M.J.