Simmons Bank v. First Capital Victoria LLC et al

Filing 112

JUDGMENT: Simmons Bank shall have judgment against First Capital Victoria LLC for $5,985,241.98; Simmons Bank shall have judgment against First Capital Jourdanton LLC for $6,6880,964.86; Simmons Bank shall have judgment against First Capital Hobbs LLC for $8,027,364.61; Simmons Bank shall have judgment against First Capital Real Estate Investments LLC for $14,908,329.47; Simmons Bank shall have judgment against Suneet Singal for $20,893,571.45; all claims against First Capital Retail LLC, RREAF Victoria LLC, RREAF Jourdanton LLC, RREAF Hobbs LLC, First Capital Real Estate Advisors LP, TCA Global Credit Master Fund LP, Brandon "Rocky" Kaller, and Ramesh Prasad are dismissed without prejudice; Counts III and IV of the second amended complaint are dismissed without prejudice. Simmons Bank, Trustee of Heartland Bank Liquidating Trust U/I/D 3/8/2018, is entitled to seek allowable costs by motion due 4/5/2019. The amounts awarded in the Judgment shall bear post-judgment interest at 2.52% per annum until paid in full. Signed by Judge D. P. Marshall Jr. on 3/21/2019. (kdr)

IN THE UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF ARKANSAS
WESTERN DIVISION
SIMMONS BANK, TRUSTEE OF THE
HEARTLAND BANK LIQUIDATING TRUST
U/I/D MARCH 8, 2018

PLAINTIFF

No. 4:17-cv-549-DPM

v.

FIRST CAPITAL VICTORIA LLC;
RREAF VICTORIA LLC; FIRST
CAPITAL JOURDANTON LLC; RREAF
JOURDANTON LLC; FIRST CAPITAL
HOBBS LLC; RREAF HOBBS LLC; FIRST
CAPITAL REAL ESTATE INVESTMENTS LLC;
FIRST CAPITAL RETAIL LLC; FIRST
CAPITAL REAL ESTATE ADVISORS LP;
SUNEET SINGAL; TCA GLOBAL CREDIT
MASTER FUND LP; BRANDON "ROCKY"
KALLER; and RAMESH PRASAD

DEFENDANTS

JUDGMENT
1.

Trust

Simmons Bank, Trustee of the Heartland Bank Liquidating

U/I/D March 8, 2018, shall have judgment against First Capital

Victoria LLC for $5,985,241.98.

This total amount includes the

underlying debt of $4,420,325.61 plus $1,564,916.37 for prejudgment
interest at 13% from 30 June 2016 until today.

2.

Simmons Bank, Trustee of the Heartland Bank Liquidating

Trust U/l/D March 8, 2018, shall have judgment against First Capital

Jourdanton

LLC for $6,880,964.86.

This amount includes the

underlying debt of $5,081,850.54 plus $1,799,114.32 for prejudgment
interest at 13% from 30 June 2016 until today.

3.

Simmons Bank, Trustee of the Heartland Bank Liquidating

Trust U/l/D March 8, 2018, shall have judgment against First Capital

Hobbs LLC for $8,027,364.61. This amount includes the underlying
debt of $5,928,509.74 plus $2,098,854.87 for prejudgment interest at 13%
from 30 June 2016 until today.
4.

Simmons Bank, Trustee of the Heartland Bank Liquidating

Trust U/I/D March 8, 2018, shall have judgment against First Capital

Real Estate Investments LLC for $14,908,329.47. This total amount
includes the underlying debt of $11,010,360.28 plus $3,897,969.19 for

prejudgment interest at 13% from 30 June 2016 until today.
5.

Simmons Bank, Trustee of the Heartland Bank Liquidating

Trust U/I/D March 8, 2018, shall have judgment against Suneet Singal

for $20,893,571.45. This total amount includes the underlying debt of

$15,430,685.89 plus $5,462,885.56 for prejudgment interest at 13% from
30 June 2016 until today.
6.

All claims against First Capital Retail LLC, RREAF Victoria

LLC, RREAF

Jourdanton LLC, RREAF Hobbs LLC, First Capital Real

Estate Advisors LP, TCA Global Credit Master Fund LP, Brandon

"Rocky" Kaller, and Ramesh Prasad are dismissed without prejudice.
Counts III and IV of the second amended complaint are dismissed

without prejudice.
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7.
Trust

Simmons Bank, Trustee of the Heartland Bank Liquidating

U/l/D

March 8, 2018, is entitled to seek allowable costs by

motion due by 5 April 2019.
8.

The amounts awarded in the Judgment shall bear post

judgment interest at 2.52% per annum until paid in full.
çJlj

1c.

D.P. Marshall
United States District Judge
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