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Securities/Commodities | New York Southern
Cashiers Registry Disbursement
CASHIERS OFFICE CRIS DISBURSEMENT as per 148 Order on Motion for Disbursement of Funds, dated 12/17/2021, from Judge Alison J. Nathan, on 12/22/2021 disbursed to pay KAHN SWICK & FOLLI LLC $4,552,139.46 No. 03041094 dated 12/22/2021.(bwi)
Order
ORDER GRANTING LEAD COUNSEL'S UNOPPOSED MOTION FOR AUTHORIZATION TO DISBURSE COURT APPROVED ATTORNEYS' FEES AND LITIGATION EXPENSES FROM SETTLEMENT FUND HELD IN COURT REGISTRY granting 145 Motion for Disbursement of Funds. NOW, THERE FORE, IT IS HEREBY ORDERED THAT: 1. This Order incorporates by reference the definitions in the Amended Stipulation and all capitalized terms not otherwise defined herein shall have the same meanings as set forth in the Amended Stipulation. 2. Pursuant to the Court's Final Judgment, Allocation Order, and Fee and Expense Order, the Court authorizes the following disbursements from the Settlement Fund held in the Court's CRIS account: a. $51,239.46 in payment of Le ad Counsel's litigation expenses, plus any accrued interest and minus duly authorized registry fees, by electronic wire payable to "Kahn Swick & Foti, LLC." b. The entirety of the remaining funds of $4,500,000.00, plus any accr ued interest and minus duly authorized registry fees, for payment of Lead Counsel's attorneys' fees, by electronic wire payable to "Kahn Swick & Foti, LLC." 3. Each of the payments referenced in Paragraph 2 of this Order shal l be electronically wired to: Lewis S. Kahn, Esq., Kahn Swick & Foti, LLC, 1100 Poydras Street, Suite 3200, New Orleans, LA 70163. (Signed by Judge Alison J. Nathan on 12/17/2021) (vfr) Transmission to Finance Unit (Cashiers) for processing.
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