Professional Documents
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Skelos Agreement
Skelos Agreement
'
USDSSDNY
DOCUMENT
ELECTRONICALLY FILED
DOC#:~~~----,,..---~.--
- x
ADAM SKELOS,
Defendant.
x
(the "Indictment"),
in
WHEREAS,
2016,
SKELOS
interest
forfeiting
all
of
ADAM
SKELOS' s
right,
title
and
..
accept the remaining 65% of the net proceeds from the sale of
the Property in full resolution of any claim to the Property
(the "Petitioner's Settlement Amount").
2.
efforts to sell the Property within three months from the date
of entry of this Stipulation and Order (the "Sale Deadline").
The Government, in its sole discretion, may choose to extend the
Sale Deadline in any manner it deems appropriate by written
communication to counsel for the Defendant and/or Petitioner.
3.
'
The
(7)
days after
USMS pending the lifting of any stay pending appeal (if entered)
and a Final Order of Forfeiture.
The
net
proceeds
{the
"Net
Proceeds")
from
the
sale of the Property - and from which the Settlement Amount and
the Petitioner's Settlement Amount shall be paid - shall include
all amounts received from the sale of the Property after payment
of
valid prior
maintenance
liens
(not
fees) ,
by
the
fees/taxes,
attorney's
Property
buyer,
reasonable
fees,
(the
if
reasonable
to
real
estate
reasonable document
reasonable
flip
any,
title
taxes,
and
associated
"Closing Costs") .
5
county
reasonable
Under all
commissions,
recording fees
fees,
with
taxes and/or
the
transfer
real
sale
not
estate
of
the
circumstances,
any
taxes,
maintenance
fees,
utility
bills,
or
related
expenses
irrespective of
whether
the
and/or
the
Sale
Defendant
circumstance,
of
or
may
maintenance fees,
time
is
the
ultimately
the
such
(or
its
costs
utility bills,
closing
described above)
USMS
completed
(except
i.e.
by
Petitioner
designee) .
Under
outstanding
no
taxes,
for
approved
Closing
Costs,
as
7.
the
Sale,
copies
of
the
Petitioner
the
closing
forty-eight
approval
Petitioner
by
(48)
hours
the
and/or
to
prior
the
Government
to
Defendant
Defendant
documents
to
and/or
the
agree
Government
closing
ensure
to
for
complete
provide
at
least
review
compliance
with
and
this
interpretation
and
enforcement
of
this
Stipulation
and
Order.
9.
attorney's fees.
11.
All executed
,)1.1l4
. DISKANT/TATIANA MARTINS
A. McKAY
Assistant United States Attorneys
One St. Andrew's Plaza
New York, New York 10007
(212) 637-2200
7
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DATE
ADAM~SKELOS,
Oe~ant
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DATE
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By:
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6
DATE
Petitioner
By:
ANN MARIE SKELOS,
Petition~r
DATE
By;
BRENDAN AHEFN, ESQ.
So Ordered:
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DATE
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DATE
DATE
By:
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DANAHERNIESQ.
So Ordered:
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DATE