Entry of Final Judgment. It is hereby adjudged, decreed, and ordered that Plaintiffs have a judgment against ▇▇▇▇▇ in the amount of twenty-four million dollars ($24,000,000.00). The Court expressly finds and determines that there is no just reason for any delay in the entry of this final judgment, which is both final and appealable, and immediate entry by the Clerk of the Court is expressly directed. Any appeal from this Bar Order and Judgment or any part of it must be taken within sixty (60) days after entry of this Bar Order and Judgment, and in compliance with the Federal Rules of Appellate Procedure. The judgment entered pursuant to this Bar Order and Judgment is subject to the Bankruptcy Court Approval Order. IT IS SO ORDERED. Signed on , 201 ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ UNITED STATES DISTRICT JUDGE UPON READING (a) the Notice of Application dated [ ]; (b) the [ th] Affidavit of ▇▇▇▇▇▇ ▇▇▇▇[ ] sworn on [ ]; and (c) the global settlement agreement (the “Agreement”) entered into as of 15 December 2015 between and among, on the one hand, (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, solely in his capacity as the receiver (the “Receiver”) for ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and other persons and entities pursuant to the orders of the United States District Court for the Northern District of Texas (the “U.S. Court”) entered on 17 February 2009, 12 March 2009, and 19 July 2010 in Securities and Exchange Commission ▇. ▇▇▇▇▇▇▇▇ International Bank, Ltd. et al., No. 3:09-cv-00298-N (N.D. Tex.) (the “SEC Action”); (ii) the Official Stanford Investors Committee, as defined in the order of the U.S. Court entered 10 August 2010 in the SEC Action (the “Committee”); and (iii) ▇▇▇▇▇▇ ▇. Wide and ▇▇▇▇ ▇▇▇▇▇▇▇, in their capacities as the joint liquidators of Stanford International Bank Limited (in Liquidation) (“SIB”) (the “Joint Liquidators”); and, on the other hand, (iv) ▇▇▇▇▇, LLC (f/k/a ▇▇▇▇▇ Inc.) and ▇▇▇▇▇ Associates, Inc. (collectively, “▇▇▇▇▇”), which defines a settlement (the “Settlement”); U.S. Department of Justice, the U.S. Securities and Exchange Commission, the U.S. Court Appointed Examiner and the Official Stanford Investors Committee (the “DOJ Settlement Agreement”); AND UPON HEARING counsel for the Applicant [ ] of [ ]; It is hereby ORDERED as follows: 1. The terms of the Agreement as attached at Appendix “A” to this Order are approved. 2. This Court hereby defers implementation of the Agreement and the Settlement, the Scheduling Order, and the Bar Order and Judgment defined therein, to the U.S. Court. 3. The costs of this application be costs in the liquidation. UPON READING (a) the Notice of Application dated [ ]; (b) the [ th] Affidavit of ▇▇▇▇▇▇ ▇▇▇▇[ ] sworn on [ ]; and (c) the global settlement agreement (the “Agreement”) entered into as of 15 December 2015 between and among, on the one hand, (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, solely in his capacity as the receiver (the “Receiver”) for ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and other persons and entities pursuant to the orders of the United States District Court for the Northern District of Texas (the “U.S. Court”) entered on 17 February 2009, 12 March 2009, and 19 July 2010 in Securities and Exchange Commission ▇. ▇▇▇▇▇▇▇▇ International Bank, Ltd. et al., No. 3:09-cv-00298-N (N.D. Tex.) (the “SEC Action”); (ii) the Official Stanford Investors Committee, as defined in the order of the U.S. Court entered 10 August 2010 in the SEC Action (the “Committee”); and (iii) ▇▇▇▇▇▇ ▇. Wide and ▇▇▇▇ ▇▇▇▇▇▇▇, in their capacities as the joint liquidators of Stanford Trust Company, Ltd. (“STC”), pursuant to the order of this Court entered 30 March 2012 (the “Joint Liquidators”); and, on the other hand, (iv) ▇▇▇▇▇, LLC (f/k/a ▇▇▇▇▇ Inc.) and ▇▇▇▇▇ Associates, Inc. (collectively, “▇▇▇▇▇”), which defines a settlement (the “Settlement”); U.S. Department of Justice, the U.S. Securities and Exchange Commission, the U.S. Court Appointed Examiner and the Official Stanford Investors Committee (the “DOJ Settlement Agreement”); AND UPON HEARING counsel for the Applicant [ ] of [ ]; It is hereby ORDERED as follows: 1. The terms of the Agreement as attached at Appendix “A” to this Order are approved. 2. This Court hereby defers implementation of the Agreement and the Settlement, the Scheduling Order, and the Bar Order and Judgment defined therein, to the U.S. Court. 3. The costs of this application be costs in the liquidation. UPON READING (a) the Notice of Application dated [ ]; (b) the [ th] Affidavit of ▇▇▇▇▇▇ ▇▇▇▇[ ] sworn on [ ]; and (c) the global settlement agreement (the “Agreement”) entered into as of 15 December 2015 between and among, on the one hand, (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, solely in his capacity as the receiver (the “Receiver”) for ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and other persons and entities pursuant to the orders of the United States District Court for the Northern District of Texas (the “U.S. Court”) entered on 17 February 2009, 12 March 2009, and 19 July 2010 in Securities and Exchange Commission ▇. ▇▇▇▇▇▇▇▇ International Bank, Ltd. et al., No. 3:09-cv-00298-N (N.D. Tex.) (the “SEC Action”); (ii) the Official Stanford Investors Committee, as defined in the order of the U.S. Court entered 10 August 2010 in the SEC Action (the “Committee”); and (iii) ▇▇▇▇▇▇ ▇. Wide and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, in their capacities as the joint liquidators of Stanford Development Company (“SDC”), pursuant to the order of this Court dated October 15, 2013 (the “Joint Liquidators”); and, on the other hand, (iv) ▇▇▇▇▇, LLC (f/k/a ▇▇▇▇▇ Inc.) and ▇▇▇▇▇ Associates, Inc. (collectively, “▇▇▇▇▇”), which defines a settlement (the “Settlement”); AND UPON HEARING counsel for the Applicant [ ] of [ ]; It is hereby ORDERED as follows: 1. The terms of the Agreement as attached at Appendix “A” to this Order are approved. 2. This Court hereby defers implementation of the Agreement and the Settlement, the Scheduling Order, and the Bar Order and Judgment defined therein, to the U.S. Court. 3. The costs of this application be costs in the liquidation.
Appears in 1 contract
Sources: Settlement Agreement
Entry of Final Judgment. It is hereby adjudged, decreed, and ordered that Plaintiffs have a judgment against ▇▇▇▇▇ Kroll in the amount of twenty-four million dollars ($24,000,000.00). The Court expressly finds and determines that there is no just reason for any delay in the entry of this final judgment, which is both final and appealable, and immediate entry by the Clerk of the Court is expressly directed. Any appeal from this Bar Order and Judgment or any part of it must be taken within sixty (60) days after entry of this Bar Order and Judgment, and in compliance with the Federal Rules of Appellate Procedure. The judgment entered pursuant to this Bar Order and Judgment is subject to the Bankruptcy Court Approval Order. IT IS SO ORDERED. Signed on , 201 ▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ UNITED STATES DISTRICT JUDGE UPON READING (a) the Notice of Application dated [ ]; (b) the [ th] Affidavit of ▇▇▇▇▇▇ ▇▇▇▇Marcus Wide[ ] sworn on [ ]; and (c) the global settlement agreement (the “Agreement”) entered into as of 15 December 2015 between and among, on the one hand, (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, solely in his capacity as the receiver (the “Receiver”) for ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Stanford and other persons and entities pursuant to the orders of the United States District Court for the Northern District of Texas (the “U.S. Court”) entered on 17 February 2009, 12 March 2009, and 19 July 2010 in Securities and Exchange Commission ▇. ▇▇▇▇▇▇▇▇ International Bank, Ltd. et al., No. 3:09-cv-00298-N (N.D. Tex.) (the “SEC Action”); (ii) the Official Stanford Investors Committee, as defined in the order of the U.S. Court entered 10 August 2010 in the SEC Action (the “Committee”); and (iii) ▇▇▇▇▇▇ ▇. Wide and ▇▇▇▇ ▇▇▇▇▇▇▇, in their capacities as the joint liquidators of Stanford International Bank Limited (in Liquidation) (“SIB”) (the “Joint Liquidators”); and, on the other hand, (iv) ▇▇▇▇▇Kroll, LLC (f/k/a ▇▇▇▇▇ Kroll Inc.) and ▇▇▇▇▇ Associates, Inc. (collectively, “▇▇▇▇▇Kroll”), which defines a settlement (the “Settlement”); U.S. Department of Justice, the U.S. Securities and Exchange Commission, the U.S. Court Appointed Examiner and the Official Stanford Investors Committee (the “DOJ Settlement Agreement”); AND UPON HEARING counsel for the Applicant [ ] of [ ]; It is hereby ORDERED as follows:
1. The terms of the Agreement as attached at Appendix “A” to this Order are approved.
2. This Court hereby defers implementation of the Agreement and the Settlement, the Scheduling Order, and the Bar Order and Judgment defined therein, to the U.S. Court.
3. The costs of this application be costs in the liquidation. UPON READING (a) the Notice of Application dated [ ]; (b) the [ th] Affidavit of ▇▇▇▇▇▇ ▇▇▇▇Marcus Wide[ ] sworn on [ ]; and (c) the global settlement agreement (the “Agreement”) entered into as of 15 December 2015 between and among, on the one hand, (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, solely in his capacity as the receiver (the “Receiver”) for ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Stanford and other persons and entities pursuant to the orders of the United States District Court for the Northern District of Texas (the “U.S. Court”) entered on 17 February 2009, 12 March 2009, and 19 July 2010 in Securities and Exchange Commission ▇. ▇▇▇▇▇▇▇▇ International Bank, Ltd. et al., No. 3:09-cv-00298-N (N.D. Tex.) (the “SEC Action”); (ii) the Official Stanford Investors Committee, as defined in the order of the U.S. Court entered 10 August 2010 in the SEC Action (the “Committee”); and (iii) ▇▇▇▇▇▇ ▇. Wide and ▇▇▇▇ ▇▇▇▇▇▇▇, in their capacities as the joint liquidators of Stanford Trust Company, Ltd. (“STC”), pursuant to the order of this Court entered 30 March 2012 (the “Joint Liquidators”); and, on the other hand, (iv) ▇▇▇▇▇Kroll, LLC (f/k/a ▇▇▇▇▇ Inc.) and ▇▇▇▇▇ Associates, Inc. (collectively, “▇▇▇▇▇Kroll”), which defines a settlement (the “Settlement”); U.S. Department of Justice, the U.S. Securities and Exchange Commission, the U.S. Court Appointed Examiner and the Official Stanford Investors Committee (the “DOJ Settlement Agreement”); AND UPON HEARING counsel for the Applicant [ ] of [ ]; It is hereby ORDERED as follows:
1. The terms of the Agreement as attached at Appendix “A” to this Order are approved.
2. This Court hereby defers implementation of the Agreement and the Settlement, the Scheduling Order, and the Bar Order and Judgment defined therein, to the U.S. Court.
3. The costs of this application be costs in the liquidation. UPON READING (a) the Notice of Application dated [ ]; (b) the [ th] Affidavit of ▇▇▇▇▇▇ ▇▇▇▇Marcus Wide[ ] sworn on [ ]; and (c) the global settlement agreement (the “Agreement”) entered into as of 15 December 2015 between and among, on the one hand, (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, solely in his capacity as the receiver (the “Receiver”) for ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Stanford and other persons and entities pursuant to the orders of the United States District Court for the Northern District of Texas (the “U.S. Court”) entered on 17 February 2009, 12 March 2009, and 19 July 2010 in Securities and Exchange Commission ▇. ▇▇▇▇▇▇▇▇ International Bank, Ltd. et al., No. 3:09-cv-00298-N (N.D. Tex.) (the “SEC Action”); (ii) the Official Stanford Investors Committee, as defined in the order of the U.S. Court entered 10 August 2010 in the SEC Action (the “Committee”); and (iii) ▇▇▇▇▇▇ ▇. Wide and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇Hordley Forbes, in their capacities as the joint liquidators of Stanford Development Company (“SDC”), pursuant to the order of this Court dated October 15, 2013 (the “Joint Liquidators”); and, on the other hand, (iv) ▇▇▇▇▇Kroll, LLC (f/k/a ▇▇▇▇▇ Inc.) and ▇▇▇▇▇ Associates, Inc. (collectively, “▇▇▇▇▇Kroll”), which defines a settlement (the “Settlement”); AND UPON HEARING counsel for the Applicant [ ] of [ ]; It is hereby ORDERED as follows:
1. The terms of the Agreement as attached at Appendix “A” to this Order are approved.
2. This Court hereby defers implementation of the Agreement and the Settlement, the Scheduling Order, and the Bar Order and Judgment defined therein, to the U.S. Court.
3. The costs of this application be costs in the liquidation.
Appears in 1 contract
Sources: Settlement Agreement
Entry of Final Judgment. It is hereby adjudged, decreed, and ordered that Plaintiffs have a judgment against ▇▇▇▇▇ Kroll in the amount of twenty-four million dollars ($24,000,000.00). The Court expressly finds and determines that there is no just reason for any delay in the entry of this final judgment, which is both final and appealable, and immediate entry by the Clerk of the Court is expressly directed. Any appeal from this Bar Order and Judgment or any part of it must be taken within sixty (60) days after entry of this Bar Order and Judgment, and in compliance with the Federal Rules of Appellate Procedure. The judgment entered pursuant to this Bar Order and Judgment is subject to the Bankruptcy Court Approval Order. IT IS SO ORDERED. Signed on , 201 ▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ UNITED STATES DISTRICT JUDGE UPON READING (a) the Notice of Application dated [ ]; (b) the [ th] Affidavit of ▇▇▇▇▇▇ ▇▇▇▇Marcus Wide[ ] sworn on [ ]; and (c) the global settlement agreement (the “Agreement”) entered into as of 15 December 2015 between and among, on the one hand, (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, solely in his capacity as the receiver (the “Receiver”) for ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Stanford and other persons and entities pursuant to the orders of the United States District Court for the Northern District of Texas (the “U.S. Court”) entered on 17 February 2009, 12 March 2009, and 19 July 2010 in Securities and Exchange Commission ▇. ▇▇▇▇▇▇▇▇ International Bank, Ltd. et al., No. 3:09-cv-00298-N (N.D. Tex.) (the “SEC Action”); (ii) the Official Stanford Investors Committee, as defined in the order of the U.S. Court entered 10 August 2010 in the SEC Action (the “Committee”); and (iii) ▇▇▇▇▇▇ ▇. Wide and ▇▇▇▇ ▇▇▇▇▇▇▇, in their capacities as the joint liquidators of Stanford International Bank Limited (in Liquidation) (“SIB”) (the “Joint Liquidators”); and, on the other hand, (iv) ▇▇▇▇▇Kroll, LLC (f/k/a ▇▇▇▇▇ Inc.) and ▇▇▇▇▇ Associates, Inc. (collectively, “▇▇▇▇▇Kroll”), which defines a settlement (the “Settlement”); U.S. Department of Justice, the U.S. Securities and Exchange Commission, the U.S. Court Appointed Examiner and the Official Stanford Investors Committee (the “DOJ Settlement Agreement”); AND UPON HEARING counsel for the Applicant [ ] of [ ]; It is hereby ORDERED as follows:
1. The terms of the Agreement as attached at Appendix “A” to this Order are approved.
2. This Court hereby defers implementation of the Agreement and the Settlement, the Scheduling Order, and the Bar Order and Judgment defined therein, to the U.S. Court.
3. The costs of this application be costs in the liquidation. UPON READING (a) the Notice of Application dated [ ]; (b) the [ th] Affidavit of ▇▇▇▇▇▇ ▇▇▇▇Marcus Wide[ ] sworn on [ ]; and (c) the global settlement agreement (the “Agreement”) entered into as of 15 December 2015 between and among, on the one hand, (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, solely in his capacity as the receiver (the “Receiver”) for ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Stanford and other persons and entities pursuant to the orders of the United States District Court for the Northern District of Texas (the “U.S. Court”) entered on 17 February 2009, 12 March 2009, and 19 July 2010 in Securities and Exchange Commission ▇. ▇▇▇▇▇▇▇▇ International Bank, Ltd. et al., No. 3:09-cv-00298-N (N.D. Tex.) (the “SEC Action”); (ii) the Official Stanford Investors Committee, as defined in the order of the U.S. Court entered 10 August 2010 in the SEC Action (the “Committee”); and (iii) ▇▇▇▇▇▇ ▇. Wide and ▇▇▇▇ ▇▇▇▇▇▇▇, in their capacities as the joint liquidators of Stanford Trust Company, Ltd. (“STC”), pursuant to the order of this Court entered 30 March 2012 (the “Joint Liquidators”); and, on the other hand, (iv) ▇▇▇▇▇Kroll, LLC (f/k/a ▇▇▇▇▇ Inc.) and ▇▇▇▇▇ Associates, Inc. (collectively, “▇▇▇▇▇Kroll”), which defines a settlement (the “Settlement”); U.S. Department of Justice, the U.S. Securities and Exchange Commission, the U.S. Court Appointed Examiner and the Official Stanford Investors Committee (the “DOJ Settlement Agreement”); AND UPON HEARING counsel for the Applicant [ ] of [ ]; It is hereby ORDERED as follows:
1. The terms of the Agreement as attached at Appendix “A” to this Order are approved.
2. This Court hereby defers implementation of the Agreement and the Settlement, the Scheduling Order, and the Bar Order and Judgment defined therein, to the U.S. Court.
3. The costs of this application be costs in the liquidation. UPON READING (a) the Notice of Application dated [ ]; (b) the [ th] Affidavit of ▇▇▇▇▇▇ ▇▇▇▇Marcus Wide[ ] sworn on [ ]; and (c) the global settlement agreement (the “Agreement”) entered into as of 15 December 2015 between and among, on the one hand, (i) ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, solely in his capacity as the receiver (the “Receiver”) for ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Stanford and other persons and entities pursuant to the orders of the United States District Court for the Northern District of Texas (the “U.S. Court”) entered on 17 February 2009, 12 March 2009, and 19 July 2010 in Securities and Exchange Commission ▇. ▇▇▇▇▇▇▇▇ International Bank, Ltd. et al., No. 3:09-cv-00298-N (N.D. Tex.) (the “SEC Action”); (ii) the Official Stanford Investors Committee, as defined in the order of the U.S. Court entered 10 August 2010 in the SEC Action (the “Committee”); and (iii) ▇▇▇▇▇▇ ▇. Wide and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇Hordley Forbes, in their capacities as the joint liquidators of Stanford Development Company (“SDC”), pursuant to the order of this Court dated October 15, 2013 (the “Joint Liquidators”); and, on the other hand, (iv) ▇▇▇▇▇Kroll, LLC (f/k/a ▇▇▇▇▇ Inc.) and ▇▇▇▇▇ Associates, Inc. (collectively, “▇▇▇▇▇Kroll”), which defines a settlement (the “Settlement”); AND UPON HEARING counsel for the Applicant [ ] of [ ]; It is hereby ORDERED as follows:
1. The terms of the Agreement as attached at Appendix “A” to this Order are approved.
2. This Court hereby defers implementation of the Agreement and the Settlement, the Scheduling Order, and the Bar Order and Judgment defined therein, to the U.S. Court.
3. The costs of this application be costs in the liquidation.
Appears in 1 contract
Sources: Settlement Agreement