Clear Cove Opportunities Fund I v. Addiction Recovery Care, S.D.N.Y. 1:26-cv-01083, Order (Doc. 77, Sept. 23, 2026)
Summary
An Order, Document 77 filed September 23, 2026, in the United States District Court for the Southern District of New York, in Clear Cove Opportunities Fund I LLC v. Addiction Recovery Care LLC, Tim Robinson and Angelica Capital Trust, 26 Civ. 1083 (GBD), from United States District Judge George B. Daniels. The order states that, in light of the settlement agreement between Clear Cove and Angelica Capital Trust, Clear Cove's motion to dismiss with prejudice its claim against Angelica is granted. It provides that under the Stipulated Judgment, funds restrained by the Court and deposited in a Truist Bank Corporate Trust and Escrow account are to be transferred by Addiction Recovery Care LLC and Truist Bank, with Clear Cove to receive $1,101,718.19. The Clerk of Court is directed to close the case.
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“Clear Cove Opportunities Fund I v. Addiction Recovery Care, S.D.N.Y. 1:26-cv-01083, Order (Doc. 77, Sept. 23, 2026).”
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Case 1:26-cv-01083-GBD Document77_ Filed 09/23/26 Page 1of1 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK CLEAR COVE OPPORTUNITIES FUND I LLC, Plaintiff, ORDER -against- 26 Civ. 1083 (GBD) ADDICTION RECOVERY CARE LLC, TIM ROBINSON, and ANGELICA CAPITAL TRUST, Defendants. ; GEORGE B. DANIELS, United States District Judge: In light of Plaintiff Clear Cove Opportunities Fund I LLC’s (“Clear Cove”) and Defendant Angelica Capital Trust’s (“Angelica”) agreement to settle their dispute, (see Angelica Capital Trust v. Addiction Recovery Care LLC et al., 26 Civ. 241 (GBD) (the “Angelica Action”), ECF No. 135,) Clear Cove’s motion to dismiss with prejudice its claim against Angelica pursuant to Federal Rule of Civil Procedure 41(a)(2), (ECF No. 73,) is GRANTED. Pursuant to the Stipulated Judgment, (ECF No. 76,) Clear Cove shall receive $1,101,718.19 of the funds restrained by this Court and currently deposited in a Truist Bank Corporate Trust and Escrow account. (See Angelica Action, ECF Nos, 111, 135.) Defendant Addiction Recovery Care LLC and Truist Bank shall transfer those funds as directed by Clear Cove, and in accordance with any wire instructions they provide. Clerk of Court is directed to close the open motions at ECF Nos. 69 and 73 and this case. Dated: September 23, 2026 New York, New York SO ORDERED. RGE B. DANIELS Utrited States District Judge
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