04/16/2015 343 CLERK'S JUDGMENT in favor of Solution Funding, LLC against BusinessTalkRadio.net, Inc. in the amount of $2,991,918; in favor of U.S. Securities & Exchange Commission against BusinessTalkRadio.net, Inc. in the amount of $6,041,724.24. Ordered by Janet Hamilton, Deputy Clerk of Court on 4/16/2015. (Priftakis, Tina) (Entered: 04/16/2015)
06/03/2015 346 ORDER DIRECTING DISTRIBUTION OF FUNDS ESCROWED IN THE COURT REGISTRY INVESTMENT SYSTEM, ORDERED that the Court's financial administrator shall disburse the funds held in the CRIS Account, $1,046,422.53, plus all accrued interest to Solution Funding, LLC. Ordered by Judge Dora Lizette Irizarry on 6/2/2015. (Layne, Monique) (Entered: 06/03/2015)
06/02/2015 345 Letter Submitting Revised Proposed Order by Solution Funding, LLC (Attachments: # 1 Supplement Revised Proposed Order Directing Disbursement of Funds) (Bui, Thuy) (Entered: 06/02/2015)
06/02/2015 ORDER re 344 Letter filed by Solution Funding, LLC -- Solution Fundings letter and proposed order effectuating the disbursement of funds from the Court Registry Investment System ("CRIS") pursuant to judgment entered by the Court on April 16, 2015 does not contain sufficient information permitting the Court to determine the propriety of such an order. It is unclear to the Court why Solution Funding, as the party with a right to the funds, should not be designated as the sole payee for the purposes of disbursement. The Court questions the seemingly unnecessary complication of directing that a portion of the judgment be paid directly to counsel versus to the client, particularly where counsel will get nearly half of the funds. Surely Solution Funding has some sort of retainer agreement with counsel. Solution Funding is directed to provide additional information regarding why the Court should not proceed with awarding the funds solely to Solution Funding, which permits Solution Funding to do with the funds as it chooses. SO ORDERED by Judge Dora Lizette Irizarry on 6/2/2015. (Carosella, Christy) (Entered: 06/02/2015)
05/26/2015 344 Letter Submitting Proposed Order by Solution Funding, LLC (Attachments: # 1 Supplement Proposed Order Directing Disbursement of Funds) (Bui, Thuy) (Entered: 05/26/2015)
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