Opinion
1:20-cv-01937-VSB-SDA
09-22-2021
NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA, Plaintiff, v. PVT Limited, Defendant.
PROPOSED ORDER
STEWART D. AARON, United States Magistrate Judge
THIS MATTER, having been opened to the Court by Plaintiff/Counter-Defendant, National Union Fire Insurance Company of Pittsburgh, Pa (“National Union”) upon application for entry of an Order permitting leave to deposit premiums paid by Defendant/Counter-Plaintiff PVT Limited (“PVT”) into the Court, and the Court having satisfied itself that the requested relief is warranted, rules as follows:
IT IS on this 22nd day of September 2021, ORDERED that National Union's motion is GRANTED;
ORDERED that the Clerk of the Court is hereby directed to allow National Union to pay into the registry of this Court the funds at issue of the following sums:
Policy No. 1
(1) Premium for 2015-2016 policy period: $17, 863.65;
(2) Premium for 2016-2017 policy period: $30, 696.70; and
(3) Premium for 2017-2018 policy period: $28, 860.10.
Policy No. 2
(1) Premium for 2018-2019 policy period: $40, 261.10
ORDERED that the deposited funds remain in the Court Registry Investment System, or other applicable interest-bearing account, pending adjudication of the claims at issue in this litigation as confirmed by final judgment of this Court; or until such time as an Order is entered by this Court directing the release of all or part of the deposited funds.