Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-ared-3_19-cv-00346/USCOURTS-ared-3_19-cv-00346-46/pdf.json

Nature of Suit Code: 190
Nature of Suit: Other Contract Actions
Cause of Action: 28:1441 Petition for Removal- Fraud

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IN THE UNITED STATES DISTRICT COURT

EASTERN DISTRICT OF ARKANSAS

NORTHERN DIVISION

IN RE ELIJAH AND MARY

STINY TRUSTS No. 3:19-cv-346-DPM

ORDER

1. The Court appreciates the trustee's report and proposed

plan of distribution and the Stiny grandchildren's response. No other

party has responded, which the Court takes as acceptance. The Stiny

grandchildren endorse the bones of the proposed distribution plan,

while also raising some new loose ends.

2. The Court approves the trustee's distribution plan, both in

general and as specified in Doc. 342 at 7-10 and Doc. 343 at 1-3 and

Exhibits A & B. It is a prudent and efficient way of getting all the money

to the extended family as soon as practicable, while minimizing

necessary expenses and maximizing the proceeds. The Court directs

the trustee to proceed: Implement the plan forthwith.

3. The loose ends.

. The trustee says he has no knowledge of any remaining personal

property (things or documents) once belonging to Elijah George

Stiny but now in the possession of either Rena Wood's estate or

Jason Wood. The Court therefore requests counsel for Wood's

estate and counsel for the Stiny grandchildren to confer and sort

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this possibility. The trust does not appear to have a dog in that

hunt.

 ̄ As to trust and apartment-related records co-mingled with Rena

Wood's personal records, the trustee indicates that these should

either be returned to Rena's estate (because she created or

maintained them) or destroyed at the end of the litigation. The

beneficiaries are probably entitled to any trust/apartment

records, if the trustee sees no need for the trust to keep them. But

everything will have to be sorted because Rena's estate is entitled

to her personal records. The Court lacks sufficient information,

though, to resolve this issue. Here, too, counsel for Rena's estate

and for the Stiny grandchildren should confer and, along with the

trustee, present a proposal that addresses these records.

 ̄ As he has started doing, the trustee should determine if Jason

Wood has any trust property and, if so, address that issue.

 ̄ The Park Verdugo Apartments name issue has been resolved.

 ̄ Last is the "past due rent" issue. The only thing the Court recalls

is that one tenant/beneficiary, perhaps Chadd (Baker) Moore,

may have owed some rent and may have agreed to pay the trust

something after distribution. The Court does not recall any list of

delinquent tenants or approximately $30,000 in unpaid rent at the

time the apartments were sold. The trustee makes good points

about the passage of time and the potential for encumbering the

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trust in yet more litigation by pursuing any modest amount of

rent that may have been owed or by assigning the right to the

Stiny grandchildren to do so. Notwithstanding any such

assignment, the trust could well be pulled into litigation about

this, which is not in anyone's interest. The Court requests the

trustee to spend a bit of time running any rent issue down with

Lender and Associates and then advising the Court, especially on

the tenant/beneficiary issue.

None of the new loose ends merits delaying the final distribution or

prolonging the proceedings here further. All these issues can be

addressed in due course as part of the trustee's wrap up and final

accounting.

* * *

Report and motion, Doc. 342 & 343, approved as specified.

The Court continues to appreciate all the trustee's good work.

So Ordered.

D.P. Marshall Jr.

United States District Judge

/8ie Lo.1

-3-

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