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U.S. Specialty Insurance Company, Inc. v. Steele, 2:19-cv-2587. (2019)

Court: District Court, D. Kansas Number: infdco20191017a38 Visitors: 3
Filed: Oct. 16, 2019
Latest Update: Oct. 16, 2019
Summary: ORDER ALLOWING DEPOSIT OF FUNDS JAMES P. O'HARA , Magistrate Judge . Pursuant to Rule 67 of the Federal Rules of Civil Procedure, and on motion by plaintiff U.S. Specialty Insurance Company, Inc., IT IS HEREBY ORDERED that the Motion to Deposit Funds in the amount of $100,000.00, which represents what U.S. Specialty contends is the full extent of its insurance coverage for claims against the estate of its insured, Daniel R. Dunn. IT IS FURTHER ORDERED that the Clerk of the Court shall de
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ORDER ALLOWING DEPOSIT OF FUNDS

Pursuant to Rule 67 of the Federal Rules of Civil Procedure, and on motion by plaintiff U.S. Specialty Insurance Company, Inc.,

IT IS HEREBY ORDERED that the Motion to Deposit Funds in the amount of $100,000.00, which represents what U.S. Specialty contends is the full extent of its insurance coverage for claims against the estate of its insured, Daniel R. Dunn.

IT IS FURTHER ORDERED that the Clerk of the Court shall deposit the funds in a money market account or other instrument, at the prevailing rate of interest at a federally approved financial institution. The initial investment is subject to the collateral provisions of Treasury Circular 176.

IT IS FURTHER ORDERED that the Clerk shall deduct the administrative registry fee, set by the Director of the Administrative Office of the U.S. Courts at ten percent of the interest earned or as indicated based on the amount and time of deposit into the Court, without further order of the Court. This fee is authorized by the Judicial Conference of the United States.

Source:  Leagle

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