Rey et al v. Rey et al

Filing 202

ORDER Upon 198 Stipulation of Parties Regarding Disbursement of Funds Pursuant to Arbitration Award, signed by Judge Benjamin H. Settle. (GMR)

Case 3:14-cv-05093-BHS Document 202 Filed 08/10/20 Page 1 of 4
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Honorable Benjamin H. Settle

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UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF WASHINGTON
AT TACOMA

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ORTOLI ROSENSTADT, LLP.,
Petitioner,

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v.
JEAN PIERRE REY and ILZE SILARASA,
Respondents.

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NO. 3:14-cv-05093-BHS
ORDER UPON STIPULATION
INCLUDING DISBURSEMENTS
CLERK’S ACTION REQUIRED

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THIS MATTER having come before the Court upon Stipulation of the Parties, following
motion of Petitioner Ortoli Rosenstadt, LLP (“Petitioner”), and the Court having reviewed the
records and files in this matter, including the two Arbitration Awards issued by the Hon. Paris
Kallas, and finding good cause therefor,
IT IS HEREBY ORDERED as follows:
A.

Pursuant to the two Awards, Petitioner is entitled to the sum of $1,661,337.71 in

damages.

ORDER UPON STIPULATION
Rey, et un. v. Rey, et al. - 1

MDK LAW

777 108th Avenue Northeast, Suite 2000
Bellevue, Washington 98004
[phone]

Case 3:14-cv-05093-BHS Document 202 Filed 08/10/20 Page 2 of 4
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B.

Petitioner and Respondents have agreed to reduce the above amount by

$50,702.00. Thus, the total amount to which Petitioner is entitled is $1,610,635.71.
C.

Petitioner is holding the sum of $80,101.32 in its firm escrow account, being the

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balance remaining of an amount of $180,000.00 deposited with Petitioner on January 14, 2020

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from funds in the Court Registry, for the purpose of paying common expenses of Petitioner and

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Respondents in connection with this litigation.

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D.

Ortoli Rosenstadt LLP is authorized to disburse to itself the sum of $80,101.32

currently held in its Client Trust Account as part of this award.
E.

Taking the above into account, the net sum of $1,530,534.39 shall be disbursed

from funds in the Court Registry in this matter, as follows:
1. The clerk is authorized and directed to draw a check on the funds deposited on

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the registry of this Court in the principal amount of $1,436,919.56 plus all

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accrued interest, minus any statutory users fees, payable to the law firm of

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Ortoli Rosenstadt, LLP, and mail or deliver the check to said firm at 366

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Madison Avenue, 3rd floor, New York, NY 10017; and

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2. The clerk is authorized and directed to draw a check on the funds deposited on

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the registry of this Court in the principal amount of $93,614.83 plus all

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accrued interest, minus any statutory users fees, payable to the law firm of

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Mark Douglas Kimball P.S., dba MDK Law, and mail or deliver the check to

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said firm at 777 108th Avenue Northeast, Suite 2000, Bellevue, Washington

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98004.

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ORDER UPON STIPULATION
Rey, et un. v. Rey, et al. - 2

MDK LAW

777 108th Avenue Northeast, Suite 2000
Bellevue, Washington 98004
[phone]

Case 3:14-cv-05093-BHS Document 202 Filed 08/10/20 Page 3 of 4
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F.

Pursuant to the agreement of the parties, all of the watches at issue in this case

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and identified in the initial Arbitration Award currently in the possession of Respondent’s

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counsel, Mike Hunsinger, may be retained by Respondents;

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G.

Following the disbursements identified above; all claims of Ortoli Rosenstadt and

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the awards set forth in the two Arbitration Awards referred to above shall be deemed satisfied,

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and the withdrawal of the law firm of MDK Law, including counsel Mark D. Kimball and

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Dennis Kasimov shall be deemed effected and approved by the Court.

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H.

The balance of the funds in the Court registry shall remain in the registry until

further order by the Court.

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DONE IN OPEN COURT this 10th day of August, 2020.

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A

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BENJAMIN H. SETTLE
United States District Judge

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Approved for Entry:

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MDK Law, By:

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/s/ Mark Douglas Kimball
________________________________
Mark D. Kimball WSBA # 13146
Dennis R. Kasimov WSBA #51303

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ORDER UPON STIPULATION
Rey, et un. v. Rey, et al. - 3

MDK LAW

777 108th Avenue Northeast, Suite 2000
Bellevue, Washington 98004
[phone]

Case 3:14-cv-05093-BHS Document 202 Filed 08/10/20 Page 4 of 4
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Approved Entry:

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/s/ Mike D. Hunsinger (per email authorization)
_________________________________
Mike Hunsinger WSBA # 7662

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ORDER UPON STIPULATION
Rey, et un. v. Rey, et al. - 4

MDK LAW

777 108th Avenue Northeast, Suite 2000
Bellevue, Washington 98004
[phone]