PNC BANK, N.A. v. NATURE'S PEARL CORPORATION et al
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|Date Filed||#||Document Text|
|March 16, 2015
MEMORANDUM OPINION AND ORDER. Signed by JUDGE CATHERINE C. EAGLES on 3/16/2015. PNC has satisfied North Carolina's statutory requirements for claim and delivery as to all of Natures Pearl's inventory and certain equipment specified in the motion. The Court will issue an order of claim and delivery for that property up to the value of $2,482,7056 after PNC files a bond in the amount of $4,965,410. The bond shall be substantially in the form attached hereto and any surety on the bond shall be approved by the Court. The Court shall issue an order of claim and delivery after it approves the bond. The motion for claim and delivery, (Doc. 73 ), is ALLOWED on the terms stated. (Daniel, J)
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