Filed: Jun. 08, 2016
Latest Update: Jun. 08, 2016
Summary: MEMORANDUM OPINION AND ORDER PAUL L. FRIEDMAN , District Judge . On May 23, 2016, JAMS submitted to the Court a letter containing its "final invoice and the corresponding back up for the Track A and Track B Neutral services provided in implementing the Settlement Agreement." Letter from Stacey Harrison, General Manager of JAMS, to the Honorable Paul L. Friedman, U.S. District Court (May 23, 2016) (on file with the Court). The invoice documents expenses in the amount of $95,215.00. Id . T
Summary: MEMORANDUM OPINION AND ORDER PAUL L. FRIEDMAN , District Judge . On May 23, 2016, JAMS submitted to the Court a letter containing its "final invoice and the corresponding back up for the Track A and Track B Neutral services provided in implementing the Settlement Agreement." Letter from Stacey Harrison, General Manager of JAMS, to the Honorable Paul L. Friedman, U.S. District Court (May 23, 2016) (on file with the Court). The invoice documents expenses in the amount of $95,215.00. Id . Th..
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MEMORANDUM OPINION AND ORDER
PAUL L. FRIEDMAN, District Judge.
On May 23, 2016, JAMS submitted to the Court a letter containing its "final invoice and the corresponding back up for the Track A and Track B Neutral services provided in implementing the Settlement Agreement." Letter from Stacey Harrison, General Manager of JAMS, to the Honorable Paul L. Friedman, U.S. District Court (May 23, 2016) (on file with the Court). The invoice documents expenses in the amount of $95,215.00. Id.
This letter follows the Court's Order of August 27, 2013, Dkt. 381, which amended Section V.E.13 of the Settlement Agreement in this case to include the following language:
[USDA] shall set aside . . . the estimated $200,000 in funding authorized for the payment of the Track A and B Neutrals for the completion of their final duties under the Settlement agreement . . . . [USDA] shall have no obligation to transfer this estimated $200,000 until the Track A and Track B Neutrals submit to the Court a final invoice setting forth their final Implementation Costs, which costs shall not exceed $200,000. Any such invoices(s) by the Track A and Track B Neutrals shall be submitted to the Court, and copies provided to the Secretary and Class Counsel, within 12 months of the date of the Court's Order pursuant to Section IV.H of the Settlement Agreement approving the distribution of funds pursuant to the Preliminary Final Accounting submitted by the Claims Administrator. Within twenty (20) days of the Court's Order approving the final invoice(s) for the Track A and Track B Neutrals, [USDA] shall deposit the payment amounts(s) set forth in the Track and Track B Neutrals' final invoices(s) into the Designated Account. The Parties agree that the Secretary shall pay the amounts set forth in the Track A and Track B Neutral's invoices up to a total of $200,000
See Order at 2 [Dkt. 381] (emphasis added). On March 31, 2016, the Court issued a second Order, Dkt. 457, which approved of class counsel's unopposed motion to replace the words "within 12 months" in Section V.E.13 with the words "within 36 months." See Order at 3-4 [Dkt. 457].
For these reasons, it is hereby:
ORDERED that, pursuant to Section V.E.13 of the Settlement Agreement, the Defendant shall within (20) twenty days of the date of this Order deposit $95,215.00 into the In re Black Farmers Discrimination Litigation QSF Account at SunTrust Bank. These funds shall be distributed by the Claims Administrator in accordance with the terms of the Settlement Agreement.
SO ORDERED.