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Order for Deposit and Investment of Funds - Ohio

Order for Deposit and Investment of Funds Form. This is a Ohio form and can be used in USBC Northern Federal .
 Fillable pdf Last Modified 4/17/2014
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UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF OHIO In re: ________________________ Debtor(s) vs. ________________________ Defendants ) ) ) ) ) ) ) ) ) ) Case No. ______________________ Adversary No. __________________ Judge _________________________ ORDER FOR DEPOSIT AND INVESTMENT OF FUNDS This matter came before the Court on the Motion for Order for Deposit and Investment of Funds (the "Motion") filed by ___________________________________________________________________ ("Movant"). (Docket _____________). Movant has alleged that all necessary parties have been served with the Motion pursuant to Local Bankruptcy Rule 9013-1. No party has filed a response or otherwise appeared in opposition to the Motion. For these reasons, it is appropriate to grant the relief requested. American LegalNet, Inc. www.FormsWorkFlow.com IT IS, THEREFORE, ORDERED that the Motion is granted. The Clerk shall accept and deposit into the registry of the Court the funds in the possession of the Movant in this cause of action, in the amount of _________________, plus all interest that may have accrued pending the entry of this order, to be delivered by the Movant to the Clerk. IT IS FURTHER ORDERED that the Clerk shall deposit those funds with the Treasurer of the United States in the name and to the credit of this Court pursuant to 28 U.S.C. § 2041, through depositories designated by the Treasury to accept such deposit on its behalf. IT IS FURTHER ORDERED that funds on deposit with the Court are to be invested in the Court Registry Investment System ("CRIS"), administered by the Administrative Office of the United States Courts ("AO") under 28 U.S.C. § 2045, which shall be the only investment mechanism authorized. Funds held in the CRIS remain subject to the control and jurisdiction of the Court. The Director of the AO is designated as custodian for the CRIS, and is authorized and directed by this Order to deduct both the investment services fee for the management of investments in the CRIS, and the registry fee for maintaining accounts deposited with the Court. The investment services fee is assessed from interest earnings to the CRIS pool of funds according to the Bankruptcy Court Miscellaneous Fee Schedule, and is to be assessed before a pro rata distribution of earnings to court cases. The registry fee is assessed by the custodian from each case's pro rata distribution of the earnings, and is to be determined on the basis of the rates published by the Director of the AO as approved by the Judicial Conference of the United States. American LegalNet, Inc. www.FormsWorkFlow.com ### SUBMITTED BY: /s/ _______________________ _______________________ _______________________ _______________________ _______________________ Attorney for Movant American LegalNet, Inc. www.FormsWorkFlow.com
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