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Levin v. Resource Capital Corp., 1:15-cv-07081-LLS. (2020)

Court: District Court, S.D. New York Number: infdco20200130d97 Visitors: 10
Filed: Jan. 29, 2020
Latest Update: Jan. 29, 2020
Summary: [PROPOSED] ORDER DIRECTING CASE CLOSURE, APPROVAL OF CLAIMS ADMINISTRATION FEES AND EXPENSES, AND DISTRIBUTION TO THE CY PRES RECIPIENT LOUIS L. STNTON , District Judge . Lead Plaintiff Douglas Drees ("Plaintiff'), on notice to Defendants' Counsel, moved this Court for an order directing case closure, approval of claims administration fees and expenses, and distribution to the cy pres recipient ("Motion") was duly presented to the Court; and The Court has determined that good cause
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[PROPOSED] ORDER DIRECTING CASE CLOSURE, APPROVAL OF CLAIMS ADMINISTRATION FEES AND EXPENSES, AND DISTRIBUTION TO THE CY PRES RECIPIENT

Lead Plaintiff Douglas Drees ("Plaintiff'), on notice to Defendants' Counsel, moved this Court for an order directing case closure, approval of claims administration fees and expenses, and distribution to the cy pres recipient ("Motion") was duly presented to the Court; and

The Court has determined that good cause exists to grant the Motion in its entirety, IT IS THEREFORE ORDERED, ADJUDGED AND DECREED as follows:

1. The Motion is hereby granted. 2. The Claims Administrator's payment is approved. 3. All remaining funds shall be issued to the court-approved cy pres recipient, the Investor Protection Trust located at 1020 19th Street NW, Washington, DC 2003 6-6123. 4. This case is hereby closed.

IT IS SO ORDERED.

Source:  Leagle

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