Fee Application Hearing set for 7/23/15 would be the result of the FDIC Settlement.
All of the filings required for the hearing were made on 6/04/15, which to me implied that the Effective Date was on or before this date and triggered fees at 20 percent of Net Recoveries. I kept searching the docket for a specific filing indicating that the settlement was finalized, but never found one. One may not have been required since the Tax Escrow Account was controlled by the Trustee and Rabobank, N.A. would release funds based on her instructions per the Order.
In the Declaration in Support of Final Fee Applications, the Trustee details:
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
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