Filed: Mar. 20, 2018
Latest Update: Mar. 20, 2018
Summary: ORDER TO DISBURSE FUNDS KIMBERLY J. MUELLER , District Judge . Pursuant to Plaintiff Federal Deposit Insurance Corporation as Receiver for Butte Community Bank (the "FDIC-R") and Defendants Robert Ching, et al. 's ("Defendants") Joint Stipulation for Order to Disburse Funds (the "Stipulation"), IT IS HEREBY ORDERED that the Clerk of the Court shall disburse the funds in deposit in the registry of this Court as follows: (a) The Clerk shall issue a check in the amount of $2,806,613.26 of th
Summary: ORDER TO DISBURSE FUNDS KIMBERLY J. MUELLER , District Judge . Pursuant to Plaintiff Federal Deposit Insurance Corporation as Receiver for Butte Community Bank (the "FDIC-R") and Defendants Robert Ching, et al. 's ("Defendants") Joint Stipulation for Order to Disburse Funds (the "Stipulation"), IT IS HEREBY ORDERED that the Clerk of the Court shall disburse the funds in deposit in the registry of this Court as follows: (a) The Clerk shall issue a check in the amount of $2,806,613.26 of the..
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ORDER TO DISBURSE FUNDS
KIMBERLY J. MUELLER, District Judge.
Pursuant to Plaintiff Federal Deposit Insurance Corporation as Receiver for Butte Community Bank (the "FDIC-R") and Defendants Robert Ching, et al.'s ("Defendants") Joint Stipulation for Order to Disburse Funds (the "Stipulation"), IT IS HEREBY ORDERED that the Clerk of the Court shall disburse the funds in deposit in the registry of this Court as follows:
(a) The Clerk shall issue a check in the amount of $2,806,613.26 of the initial Deposit and 99.76% of any accrued interest on the Deposit made payable to "Federal Deposit Insurance Corporation as Receiver for Butte Community Bank," referencing FIN 10278, and mailed to J. Stuart Tonkinson, Counsel, FDIC, 1601 Bryan Street, 15th Floor, Dallas, Texas 75201.
(b) The Clerk shall issue a second check in the amount of the remaining $6,886.21 of the initial Deposit and 0.24% of any accrued interest on the Deposit made payable to "Foundation Law Group LLP Client Trust Account" and mailed to Kevin Hughes, Foundation Law Group LLP, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067.
