UNITED STATES BANKRUPTCY COURT 

SOUTHERN DISTRICT OF FLORIDA 

MIAMI DIVISION 

IN RE: Case No.: 21-21964-RAM 

 Chapter 11 

ILAN DORON, 

 

 Debtor. 

___________________________________/ 

ORDER GRANTING DEBTOR’S MOTION FOR AN ORDER AUTHORIZING 

DEBTOR TO ENTER INTO DEFENSE AND INDEMNIFICATION 

AGREEMENT ON BEHALF OF NCM GROUP, LLC AND WITH 

GLOBAL MERCHANT CASH, INC. [D.E._262] 

THIS MATTER came before the Court for a hearing on July 21, 2022 at 2:00 p.m. in 

Miami, Florida upon Debtor’s Motion for an order authorizing the execution by NCM Group, 

LLC (“NCM”) of a Defense and Indemnification Agreement with Global Merchant Cash, Inc. 

(“GMC”) [D.E. 262] (the “Motion”). The Court finds (i) the relief requested in the Motion is in 

the best interests of the Debtor, his estate, his creditors and other parties in interest; (ii) notice of 

the Motion and the hearing were appropriate under the circumstances and no other notice need 

Robert A. Mark, Judge

_____________________________________________________________________________ United States Bankruptcy Court

ORDERED in the Southern District of Florida on July 28, 2022.

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be provided; and (iii) upon the statements made by counsel at the hearing, good and sufficient 

cause exists to grant the relief requested. Accordingly, it is 

ORDERED as follows: 

1. The Motion is GRANTED. 

2. The Debtor is authorized to execute, on behalf of NCM Group, LLC (“NCM”), a 

Defense and Indemnification Agreement with Global Merchant Cash, Inc. (“GMC”). 

3. The Debtor is authorized, on behalf of NCM, to direct Amazon (via its counsel) to 

release the $93,267.05 (the “Funds”) owed to NCM to Thompson Hine LLP, attn. Jeremy M. 

Campana, counsel for the GMC, as soon as reasonably possible, but in any event within five (5) 

days of the later of the entry of this Order and the full execution of the Defense and 

Indemnification Agreement attached to the Motion. 

4. Counsel for GMC shall hold the funds in its trust account for sixty (60) days after 

entry of this Order, during which time any party with standing may file an objection with the 

Court contesting the priority of GMC’s security interests in the Funds. If no objection is timely 

filed, counsel for GMC is authorized to disburse the Funds to GMC. 

5. If an objection is filed, counsel for GMC is directed to continue to hold the Funds 

in its trust account until the Court directs otherwise. The Court shall hold a hearing as soon as 

practicable regarding the appropriate disposition of the Funds, and all rights and arguments with 

respect thereto, including whether the Funds are property of the Debtor’s estate subject to this 

Court’s jurisdiction, are hereby preserved. If an objection is filed, Counsel for GMC shall 

disburse the Funds only in accordance with the Court’s directive, which the Court shall reduce to 

a written order. Counsel for GMC shall be held harmless for its actions in accordance with this 

Order. 

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6. If no objection is filed, counsel for GMC shall file a “Notice of No Objection” 

upon the expiration of the 60 days and prior to releasing the funds. 

7. Nothing herein shall determine the validity of GMC’s claims against the Debtor 

or NCM and all parties’ rights, claims and defenses are preserved with respect thereto. 

8. The Court retains jurisdiction regarding the implementation of this Order. 

#### 

Submitted by: 

Steven J. Solomon, Esq. 

GRAYROBINSON, P.A. 

333 SE 2nd Avenue, Suite 3200 

Miami, FL 33131 

Attorney Solomon shall serve a copy of this Order upon all interested parties and to file a 

Certificate of Service with the Court 

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