Opinion
Civil Action No. 05-cv-02373-REB-CBS.
February 16, 2006
ORDER RESOLVING ALL MATTERS IN DISPUTE
BASED ON THE STIPULATED SETTLEMENT AGREEMENT AND MUTUAL RELEASE AND REQUEST FOR ORDER RESOLVING ALL MATTERS IN DISPUTE, THIS COURT ORDERS THAT:
a) Defendants, Mataanya B. Horowitz and Benyakir B. Horowitz, both minors under the Colorado Uniform Transfers to Minors Act, C.R.S. 11-50-101 et seq., are the correct and appropriate beneficiaries of the Policies;
b) Defendant, Gloria T. August, is the appropriate custodian of the minors, Mataanya B. Horowitz and Benyakir B. Horowitz, pursuant to the Colorado Uniform Transfers to Minors Act, C.R.S. 11-50-101 et seq.;
c) Aurora National Life Assurance Company is entitled to recover its reasonable attorney's fees incurred in the filing of this Interpleader action in the amount of $7,000;
d) Aurora National Life Assurance Company shall deduct the amount of its attorney's fees from the total amount of death benefits plus interest due and owing under policy numbers C11451129L and C11453307L and shall distribute one half of the net amount to Gloria T. August, as custodian for Mataanya B. Horowitz, and one half of the net amount to Gloria T. August, as custodian for Benyakir B. Horowitz.
e) Upon receipt of the net amounts owed under policy numbers C11451129L and C11453307L, Defendant, Gloria T. August, shall immediately notify the Court and submit an Order of Dismissal with Prejudice to be entered by the Court.