EXHIBIT A 

Case: 1:12-cv-05546 Document #: 410-3 Filed: 06/18/15 Page 1 of 3 PageID #:6799
Rev: 20130104_bko

UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

In Re: ) BK No.:

)

) Chapter: )

)

)

Debtor(s) )

PEREGRINE FINANCIAL GROUP, INC.,

12-27488

7

Eastern Division

Honorable Carol A. Doyle

ORDER GRANTING TRUSTEE’S MOTION TO APPROVE SETTLEMENT WITH U.S. 

BANK NATIONAL ASSOCIATION AND CUSTOMER REPRESENTATIVE PLANTIFFS

Upon consideration of the Trustee’s Motion to Approve Settlement with U.S. Bank National 

Association and Customer Representative Plaintiffs (the “Motion” – any capitalized terms not otherwise 

defined herein shall have the meaning ascribed to such terms in the Motion) filed by Ira Bodenstein, not 

personally, but as duly appointed chapter 7 trustee (the “Trustee”) for the estate (the “Estate”) of 

Peregrine Financial Group, Inc. d/b/a PFG Best, for entry of an order, pursuant to sections 105(a) and 

363(b) of the Bankruptcy Code and Rules 2002, 6004, 9007 and 9019 of the Federal Rules of 

Bankruptcy Procedure, (i) approving a conditional compromise of various claims by and among, the 

Trustee, on behalf of the Estate, U.S. Bank National Association, and Brian Pannkuk, Jordan Robinson, 

Joe Martano, Marcus Ibrahim, William Robert Evans, III, Gurvaneet Randhawa, and Patricia 

Benvenuto, as well as any additional class representative plaintiffs as are appointed or may be appointed 

in the future by the District Court in the Customer Class Action (collectively, the “Customer 

Representative Plaintiffs”) and (ii) authorizing the Trustee to enter into the related Settlement 

Agreement (the “Settlement Agreement”), a copy of which is attached hereto as Exhibit A; due and 

proper notice of the Motion having been provided; the Court being duly advised in the premises and 

having determined that the proposed compromise and Agreement are in the best interests of the Estate; 

it is hereby ORDERED: 

 1. Notice of the Motion as provided for therein is sufficient and further notice is waived for cause. 

 2. The Trustee is authorized to compromise the Released Trustee Claims and the U.S. Bank Proof of 

Claim on the terms and conditions set forth in the Settlement Agreement. 

 3. The Settlement Agreement attached hereto as Exhibit A is approved. 

 4. The Trustee is authorized to execute, deliver and perform the Settlement Agreement and any other 

documents that may be necessary to effectuate the Settlement. 

 5. The Court finds that in entering into the Settlement, the Customer Representative Plaintiffs and 

the Trustee and their attorneys have acted pursuant to their respective obligations and in accordance 

with the Cooperation Agreement approved by this Court by an amended order entered on January 9, 

2014, and upon consummation of the Settlement in accordance with its terms and the orders of this 

Court, the Customer Representative Plaintiffs and the Trustee shall have fully performed their 

obligations thereunder, and none of the Customer Representative Plaintiffs or their counsel, or the 

Trustee or his counsel, shall have any liability to any party for entering into the Settlement, or for acts 

done in furtherance of their obligations under the Settlement, the Settlement Agreement or other orders 

Case: 1:12-cv-05546 Document #: 410-3 Filed: 06/18/15 Page 2 of 3 PageID #:6800
Rev: 20130104_bko

of this Court. 

 6. The Court shall retain jurisdiction to enforce this Order and the Settlement Agreement.

Enter:

Dated: United States Bankruptcy Judge

Prepared by:

Mark L. Radtke (#6275738) 

Shaw Fishman Glantz & Towbin LLC 

321 North Clark Street, Suite 800 

Chicago, Illinois 60654 

Phone: (312) 541-0151 

Counsel for the Trustee

Case: 1:12-cv-05546 Document #: 410-3 Filed: 06/18/15 Page 3 of 3 PageID #:6801