Jacob Friedman, Estelle Sapir and Miriam Stern, on Behalf of Themselves and All Others Similarly Situated v. Union Bank of Switzerland, et al. (See Doc. No. 897), No. 1:1996cv04849 - Document 4785 (E.D.N.Y. 2011)

Court Description: MEMORANDUM AND ORDER APPROVING THE AMENDED DECISION ON APEAL: IN RE ACCOUNT OF RUDOLF FRIEDL. Ordered by Senior Judge Edward R. Korman on 12/1/2011. (Greene, Donna)
Download PDF
UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK ----------------------------------------------------------- J( Case No. CV 96-4849 (ERK)(MDG) (Consolidated with CV 96-5161 and CV 97-461) IN RE: HOLOCAUST VICTIM ASSETS LITIGATION MEMORANfq~RDER This Document Relates to: All Cases IN CLERK'S OFFICE US DISTRICT COURT E.D.N.Y. * ----------------------------------------------------------- DEC 0 1 2011 * J( BROOKLYN OFFICE MEMORANDUM & ORDER APPROVING THE AMENDED DECISION ON APPEAL: IN RE ACCOUNT OF RUDOLF FRIEDL KORMAN,J.: As provided under the Settlement Agreement, and in accordance with the procedures established in the December 8, 2000 and December 14, 2006 Memoranda & Orders and in the Plan of Allocation and Distribution of Settlement Proceeds, Special Master Michael Bradfield is hereby requesting the Court's approval of an amended distribution with respect to the Decision on Appeal: In re Account of Rudolf Friedl ("the Amendment"). The Decision consists of an Amendment to a Decision on Appeal regarding the Certified Award listed in Annex A to this Order. The Amended Decision on Appeal is also attached to this Order. Payment to certain parties according to the Decision on Appeal has been held, pending resolution of ongoing estate-related issues other matters that, despite diligent efforts, have not been resolved over an extended period of time. Because the distribution process is coming to an end, this Amended Decision is adopted to authorize and permit the prompt distribution of this Award to the ultimate beneficiaries of Rudolf Friedl in accordance with a chain of wills. Therefore, it is ORDERED that the Amendment listed in Annex A is approved by the Court; and ORDERED that the signatories of the Settlement Fund are hereby directed to transfer $1,143,836.95 from the Settlement Fund to the Swiss Banks Settlement-Dormant AccountsPayment Account for payment according to the distribution provided in the Amendment. The Order is stayed for 30 days to allow any party who objects the opportunity to do so. Any objection should be accompanied by a statement of reasons. SO ORDERED. Brooklyn, New York December 1, 2011 s/Edward R. Korman . Edward R. Korman Senior United States District Judge ANNEXA Pursuant to Article 30 of the Rules Governing the Claims Resolution Process, as amended (the "Rules"), it is hereby recommended that the distribution according to the Decision on Appeal be amended by the Court: Claimed Account Owner Name and Claim Number 1 Friedl, Rudolf 213899; 222834; 222835; 500020; . 500021; 751185; ENG-0061086; ENG-0655183 I Original Decision Type Decision on Appeal