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Sun Life Assurance Company of Canada v. Calinao, 2:15-CV-00770-TLN-EFB. (2016)

Court: District Court, E.D. California Number: infdco20160412869 Visitors: 19
Filed: Apr. 11, 2016
Latest Update: Apr. 11, 2016
Summary: STIPULATION AND ORDER FOR DISBURSEMENT OF ACCRUED INTEREST TROY L. NUNLEY , District Judge . The following is a stipulation ("Stipulation"), by and between: SUN LIFE ASSURANCE COMPANY OF CANADA, ROCHELLE CALINAO, MELISSA KATRINA PARAS, JUAN CARLOS PARAS, SARAH ABIGAIL PARAS, and SAMANTHA PARAS (collectively "Parties"). 1. WHEREAS, SUN LIFE ASSURANCE COMPANY OF CANADA deposited $84,457.05 with the UNITED STATES DISTRICT COURT, EASTERN DISTRICT OF CALIFORNIA ("Court"), on or about June
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STIPULATION AND ORDER FOR DISBURSEMENT OF ACCRUED INTEREST

The following is a stipulation ("Stipulation"), by and between: SUN LIFE ASSURANCE COMPANY OF CANADA, ROCHELLE CALINAO, MELISSA KATRINA PARAS, JUAN CARLOS PARAS, SARAH ABIGAIL PARAS, and SAMANTHA PARAS (collectively "Parties").

1. WHEREAS, SUN LIFE ASSURANCE COMPANY OF CANADA deposited $84,457.05 with the UNITED STATES DISTRICT COURT, EASTERN DISTRICT OF CALIFORNIA ("Court"), on or about June 9, 2015.

2. WHEREAS, the $84,457.05 on deposit with the Court represents the life insurance proceeds of a life insurance policy ("Policy") by SUN LIFE ASSURANCE COMPANY OF CANADA insuring the life of the decedent, GLENN-MARI PARAS.

3. WHEREAS, the Parties submitted a STIPULATION AND ORDER FOR SETTLEMENT AGREEMENT for this Court's approval, and said order was signed by THE HONORABLE JUDGE NUNLEY on March 18, 2016. This order contained dispositive provisions for the distribution between the Parties of the $84,457.05 on deposit with the Court.

4. WHEREAS, on March 30, 2016, the Parties were notified by the Court clerk that there remains $38.94 in accrued interest which needs to be distributed that was not accounted for in the Court-approved STIPULATION AND ORDER FOR SETTLEMENT AGREEMENT.

NOW, THEREFORE, ALL PARTIES AGREE TO AND STIPULATE AS FOLLOWS:

1. Sixty-Five percent (65%) of any remaining accrued interest on deposit with the Court in the above entitled matter shall be payable to BLEWETT & ALLEN, INC. at 3255 W. March Lane, Suite 210, Stockton, CA 95219, for deposit into their attorney-client trust account, for the benefit of ROCHELLE CALINAO; and

2. Third-Five percent (35%) of any remaining accrued interest on deposit with the Court in the above entitled matter shall be payable to BENJAMIN BLAKEMAN, ESQ at 611 Wilshire Blvd. Suite 1208, Los Angeles, CA 90017, for deposit into his attorney-client trust account, for the benefit of MELISSA KATRINA PARAS, JUAN CARLOS PARAS, and SARAH ABIGAIL PARAS.

IT IS SO STIPULATED BETWEEN COUNSEL OF RECORD AND PARTIES.

ORDER

UPON A READING of the foregoing stipulation of the Parties and good cause appearing,

IT IS SO ORDERED that:

1. Sixty-Five percent (65%) of any remaining accrued interest on deposit with the Court in the above entitled matter shall be payable to BLEWETT & ALLEN, INC. at 3255 W. March Lane, Suite 210, Stockton, CA 95219, for deposit into their attorney-client trust account, for the benefit of ROCHELLE CALINAO; and

2. Third-Five percent (35%) of any remaining accrued interest on deposit with the Court in the above entitled matter shall be payable to BENJAMIN BLAKEMAN, ESQ at 611 Wilshire Blvd. Suite 1208, Los Angeles, CA 90017, for deposit into his attorney-client trust account, for the benefit of MELISSA KATRINA PARAS, JUAN CARLOS PARAS, and SARAH ABIGAIL PARAS.

Source:  Leagle

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