Bankruptcy No. BK-S-00-10533-LBR (AgriBioTech, Inc.), Jointly Administered With: No. BK-S-00-10534-LBR (AgriBioTech Canada, Inc.), No. BK-S-00-10535-LBR (Las Vegas Fertilizer Co., Inc.), No. BK-S-00-10536-LBR (Garden West Distributors, Inc.), No. BK-S-00-10537-LBR (Geo. W. Hill Co., Inc.)United States Bankruptcy Court, D. Nevada
August 18, 2000
CiCi Cunningham Esq., Nevada Bar No. 4960, Dempsey, Roberts
Smith, Ltd., Las Vegas, NV Attorney for Alan B. Rosoff.
William P. Weintraub, Esq., Jeffrey N. Pomerantz, Esq. and Malhar S. Pagay, Esq., Pachulski, Stang, Ziehl, Young Jones, P.C., San Francisco, CA, and James Patrick Shea, Esq., Nevada Bar #0405 and Candace C. Carlyon, Esq., Nevada Bar #02666, Shea Carlyon, Ltd., Las Vegas NV, Attorneys for AgriBioTech, Inc. Debtor and Debtor in Possession.
ORDER GRANTING MOTION FOR COURT APPROVAL OF SETTLEMENT REGARDING DISTRIBUTION OF ESCROW FUNDS
LINDA B. RIEGLE, United States Bankruptcy Judge.
UPON this matter having come before this Court on the 17th day of August, 2000, at the hour of 1:30 PM; this matter having been duly noticed; no Opposition having been filed; the Court being sufficiently advised as to all matters herein, Orders as follows:
IT IS HEREBY ORDERED that the Motion for Court Approval of Settlement Regarding Distributing of Escrow Funds filed by Movant Alan B. Rosoff, is hereby granted.
IT IS FURTHER ORDERED that the funds held by the escrow agent Gordon, Feinblatt, Rothman, Hoffberger Hollander, LLC., shall be disbursed as follows: Seventeen Thousand Five Hundred Dollars ($17,500.00) to the Debtor at an account to be designated by the Debtor and all remaining funds in the escrow account shall be disbursed to Movant Alan B. Rosoff.
IT IS FURTHER ORDERED that the Release of Claims of all parties shall be effective in accordance with the Settlement Agreement and Mutual Release attached as Exhibit 1 to the Motion for Court Approval of Settlement Regarding Distributing of Escrow Funds in this matter.