UnifiedOnline Inc fka UOIP

[GColl]

The usual process (as I'm sure you know) is the settlement funds go into the lawyers' trust account (so they get paid first).

Larger settlements can go into a fund established through the court in anticipation of a sizeable number (again agreed to by all parties).

I have seen cases where multiple defendants each deposit their share of the settlement into a trust account (which can take different amounts of time for different defendants) that sits under the court's control until everything is in place.

If this payout is still in progress, I believe that account probably has 75-80% of the final number already in the pot. I also believe the details of the distribution are pretty clearly laid out in writing... who gets what when.

I think the SH legal team could get access to this "payout plan".

Not sure this helps or if this is what you were asking - there are several ways to handle big settlement funds.