IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF ILLINOIS
January 29, 2013
TRUSTEES OF THE NECA-IBEW PENSION BENEFIT TRUST FUND, ET AL., PLAINTIFFS,
T.L.T. ELECTRIC, INC., DOING BUSINESS AS THOMPSON ELECTRIC, INC., AND, T.L.T. ELECTRIC, INC., DEFENDANTS.
The opinion of the court was delivered by: Reagan, District Judge:
On May 11, 2012, a Writ of Execution and interrogatories were propounded upon garnishee Regions Bank. The Bank identified $3,243.90 on account for Defendants/Judgment Debtors T.L.T. Electric, Inc., d/b/a Thompson Electric, Inc., and T.L.T. Electric, Inc. The Plaintiffs/Judgment Creditors have filed a Motion for Pay-Over Order (Doc. 42), so that the funds could be paid toward their $103,895.40 judgment against Defendants. An "Answer of Defendant to Garnishment" (Doc. 46) was filed, stating: "Defendant's [sic] Answer that the funds in the account are covered by a security agreement and UUC [sic] filing on the assets of Defendant [sic] by Regions Bank. Please remit payment to the REGIONS BANK, in the amount stated above." At the Court's request, Defendants briefed and clarified their response (Doc. 49). According to Defendants, Garnishee Regions Bank has a prior, superior lien on Defendants' account.
Plaintiffs correctly observe that Defendants do not have standing under 735 ILCS 5/12-708 to assert the interests of Regions Bank. Regions Bank, although properly served with the garnishment summons (Doc. 40), has never asserted that that they hold a superior interest in the funds in Defendants' account. Rather, the answer filed by Regions Bank specifically states that Regions Bank views the funds are not exempt from garnishment (Doc. 41) and, as already noted, the Bank has never asserted a claim to the funds.
For the reasons stated, Plaintiffs' motion for entry of a pay-over order directing Regions Bank to pay Plaintiffs the $3,243.90 in the account(s) of Defendants/Judgment Creditors T.L.T. Electric, Inc. d/b/a Thompson Electric, Inc. and T.L.T. Electric, Inc. 10598 Randolph Co Line Rd, Marissa, IL 62257, is GRANTED. A separate Pay-Over Order will issue to Regions Bank.
IT IS SO ORDERED.
MICHAEL J. REAGAN UNITED STATES DISTRICT JUDGE
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