Instructions for Filing Motions to Withdraw Funds from the Registry of the Court
Pursuant to General Order 2022-1 of the United States Bankruptcy Court for the Eastern District of Louisiana, parties should follow the following procedure to withdraw deposited funds:
- Parties requesting funds from the Registry of the Court should file a motion for withdrawal and disbursement of registry funds (the “Motion”) on record in the case relating to the Motion.
- Parties must attach any supporting documentation necessary to establish entitlement to the registry funds to the Motion.
- Contemporaneously with the filing of the Motion, the movant shall also file using the “Tax Documents – Private” event code on the record in the case a W-9/AO 213 form and any Internal Revenue Service (“IRS”) forms regarding the reporting of earned interest.
- Upon filing of the Motion, supporting documentation, W-9/AO 213 form, and IRS forms regarding reporting of earned income, the movant should e-mail a proposed order to the Court via the Section A Orders Inbox (SectionAOrders@laeb.uscourts.gov).
- The payee information in the Motion, W-9/AO 213 form, and the proposed order must match exactly for payment to issue.
The proposed order must also include the following information:
- The principal sum initially deposited
- The amount of principal funds sought to be disbursed
- To whom the disbursement is to be made with full name and address and zip code that exactly matches the information on the W-9/AO 213 form
- Specific instructions regarding distribution of accrued interest as stated in the IRS forms regarding reporting of earned interest
- If the requestor is asking for $500,000 or more to be disbursed, ensure the banking section of the tax form has been completed and it must include BOTH bank routing number and account number.