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Asset Based Value Corp. v. Shulman, 18 Civ. 8123 (PAE). (2019)

Court: District Court, S.D. New York Number: infdco20191202474 Visitors: 13
Filed: Nov. 22, 2019
Latest Update: Nov. 22, 2019
Summary: ORDER PAUL A. ENGELMAYER , District Judge . On November 19, 2019, defendant Richard Shulman filed a motion for disbursement of funds. Dkt. 30. On November 21, 2019, the Court issued an order that, inter alia, appointed a referee to hold a hearing and "ascertain and report the amount due" to all persons or entities having a claim on the funds. Dkt. 31. The order further directed that "surplus funds in the amount of $424,007.35 be distributed to Richard Shulman." Id. Such relief to Shulma
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ORDER

On November 19, 2019, defendant Richard Shulman filed a motion for disbursement of funds. Dkt. 30. On November 21, 2019, the Court issued an order that, inter alia, appointed a referee to hold a hearing and "ascertain and report the amount due" to all persons or entities having a claim on the funds. Dkt. 31. The order further directed that "surplus funds in the amount of $424,007.35 be distributed to Richard Shulman." Id. Such relief to Shulman, however, would vitiate the referee's function to determine the distribution of funds. The Court therefore has issued a corrected order, which eliminates the paragraph providing for the distribution of funds to Shulman.

SO ORDERED.

Source:  Leagle

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