Opinion
Master File No. 00 Civ. 2843 (LAK).
August 11, 2005
Cornick, Garber Sandler, LLP, Michel Rosenberg, Special Master, New York, New York.
Charles A. Mathis, Esq., Chairman of the Plaintiffs' Executive Committee Mathis Adams, PC, Herman, Mathis, Casey, Kitchens Gerel, LLP, Atlanta, Georgia.
Steven E. Fineman, Esq., Plaintiffs' Liaison Counsel Lieff, Cabraser, Heimann Bernstein, LLP, New York, New York.
Fred S. Longer, Esq., Arnold Levin, Esq., Levin, Fishbein, Sedran Berman, Philadephia, Pennsylvania.
THIRD APPLICATION OF SPECIAL MASTER FOR DISBURSEMENT OF FUNDS TO PAY FEDERAL INCOME TAXES
Pursuant to paragraph 4 of Pre-Trial Order No. 230 which states that any taxes owed on interest earned in the CRIS Account shall be paid by the Special Master from the common benefit funds on deposit in the CRIS Account, the Special Master, Michele Rosenberg, hereby applies to the Court for an Order authorizing a disbursement of funds from the CRIS account to pay the Federal Government Income Taxes for estimated taxes on interest earned for the third quarter 2005.
The estimated income taxes for the CRIS account for the year 2005 is calculated to be $55,160.00. Accordingly, the estimated Federal taxes owed from the CRIS account for the second quarter 2005 is $13,790.00. The Cris account's 2005 Federal Income Tax Form 1041-ES is attached as Exhibit A.
Accordingly, I request the court to issue an order authorizing payment of $13,790.00 for payment of the CRIS account's second quarter 2005 estimated income tax.
Pursuant to my request, and to assure proper filing and service upon all affected parties, Counsel for the Warner-Lambert Defendants have advised me that they have served this Application in accordance with the attached Certificate of Service.
ORDER
ORDERED, that this Court hereby authorizes Michele Rosenberg, appointed as special master pursuant to PTO 130, to disburse from one or both of the CRIS accounts one payment of $13,790.00 payable to United States Treasury for U.S. federal income taxes.
SO ORDERED.