Cornerstone Finance Company, Inc. v. Steve Standridge Insurance, Inc. et al

Filing 35

CONSENT JUDGMENT in favor of Cornerstone Finance Company, Inc. against Idabel Reman, Inc., Wood Lumber Co., Inc., Danny Wood in the amount of $152,425.04 with per diem interest of $39.81 from 10/26/11 until paid. Signed by Honorable Robert T. Dawson on August 8, 2012. (jn)

{:OTJ
RT
DTSTRICT'
D
{.JNI.T.f $TA'I"ES
Uli
FOR THN WN$TSRj\ PIST'I{ICT ARKAN$AS
['lNAfiCn {jOMPAIi}'oINC.
CORNURS'I'ONFl

PI,AIN'I'IFF

N0. 6:l l-cv-060112-R'I'D
CASF:

v.

ILAN
Cli, I f\ {1.;
S'fnVn $T;\N DIl,InGA f I\i$U
ID;lBE,LRAn'lAN'INC.;
c0.. lNCl
w0()t) l,utv"IBaR
MACHTNH INAB[:L. TI{C"I
OF
SOU'I'Hf,AS]'
cus't'OM l.,tivltillR w0RK, [NC.;
and
S'IUVE ST"AI'llRlDGS,I
rlAtiNY woOt)

I}fi:ITNNNAN'TS

{r(}N$RNruguGMEll
I

(As Ag*inst tdabcl Remanrlnc.: Wood l,umhcr Co". lnc.; and Danny Waod)
.lutlgrncntin flrvor of
llefarc this C]ourtis fhu rcquestlbr entry af'this {.'onsent
Now ;rcndir:rg
l)*Jcndaltl
Inc. ("Cornerst$ne") anclagainstSepar:ate
liinance {)ornpan}r,
Plaintil'l'C'onrrrstonc
an<l
("[dabel");Scparatc
LunrberC'o.,lnc.
D*fbndantWnod
IbabelReman.lnc.
{"Wttod l.,umber'");
and
ol'theplcadings cxhihils{ileclh*rein,
I)annyWoud("Wootl"). Afier full andclu*corrsitleration
of
a:rdother mattcrs pro*f'and
agreement thc pitrties,
of
r:{'counssl"
antl
stitt*lnents representatives
larv.this Court hercbyF'lNDti and OlttltilRii as tirllor.vs:
1.

of
This Court. jurisdictionoverthc subjcctnlatterurclparties this action. Venue
has

heforethis Court.
is prope'r
2.

and Wood lravc agreedto entry o1'this
antl ldabel.Wo*d Lurntrer.
Ccrner:st*nc

Consent-!urlgment.Iiurdrer.l-heparties stipulateanclugrccthtf thc clcbtre{lectedin tlris (lonserlt
prrrvisitltts
pilrsuant I I U.S.CI. 533 andotherapplicablc
tc
Judgrnent
sh*ll bc non-discharge;rble.
$

* l -

andiar Wood file li:r pr(}tcction
{]ode. in the evgrt that ldahel.Woocil..umber,
of the,[]ankruptcy
Cocle.
the
tuncler [Janknrptcy
T'ttb.RI.:F'ORI|,ITlS C{)NSIDA:RIID,ORDER$D AND At}JtJD{;Htr}that Cornerstonc
ilguinsthlabel l{r:tnan"lnc.; W*od
l"inanccCiompany,
Inc. is herebygrantsdin ytersonanr
.iuclgmenl
}ilty'l"rvo
in
LunrberCo., lnc.;andl)alrny!Vootl,.irintlyandsevern.lly, the amounto{'Onr;}'lundrcd
'l'housanti
witlr interest
itcct'uing
ott
Four I'lunchccl
fwerrty-Fivsancl04llOtJDollars($ I 52,425.04),
thejudgrrrent
li'om and a{ler Octohcr?6, 201I, at a per dicm nc*rualol"flrirly-l\inc aneltlli 100
Dr,rllars
t53q.8l) until the judgrncnl is paicl in lirll, togetherrvith i*ll its costsitereincxpcnelccl,
filirrg
and
ltes
inclr,rtling
attonl*y's.i in ths amountr:lfllifieenThnr:snntl {}0il0{) l"}allars 15,000.00),
{$
cxecutionand
flees
ot'$512.00.all o1'rvhiclt
nnd
of
l'eein the amountol'S-l5t).00. sei'vicc process
garnislmrent
nlay issuc.
IT IS F:UR'['Hf,R CONSIDERED" ORDEll.t:I), ANt) Al).tlJtlGHI) that thc parties
slrall he non-dischargeablc,
"ludgmerrt
in
stipulateand agrccthat ths deht reflectcrJ this Clonsent
Coclc,irr tlreevcnt
provisions
applicable
o{'tlrc 13anknrptcy
to
$
trlursu*nt I I LI.S.(-:. 53.] mrd either
{lncle.
uncler Rankrtrptcy
tltc
WoocJ
Lumber,and"orWaod Ille Jbrprotectioll
tlrntlclabel,
tT IS $'{,jRT'H C(}l\SIIXf RHI], ORI]ERE,D,ANI] At].f LiDCID that,ascon$icleration
[]R
Cornerstone
Finarrce
Cornptny,lnc. hurebyw$ivesits rig}rtsitr
o{'cntryo1'this
Consent.luclgnrcnt.
againstldabelReman.Inc.; Wood l,utnberCo., lrtc.; and Danny Wt:od.
soekpunitiveclarnages

I'l' l$iSQ OIttlHI{h,Dou tlris gfr ,lry ot'

W-,2012

,ffih,

coLIItl . ^
us DISTRIC'I

wESrdFN
ffi;anrenses

l.r\.rr

0I
AUG 2012
Clerk
JOHNSON,
CHRISR.

Bv

DePutYCle*

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JIJD$F,
Dtli'I'RIC'r'
ur\ r'r'!:Ds'r'A'I"$ls

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APPROVIT}AI\iD EI{'TRYREQUHT|T'h]D
I,AW FIRi\{
HOFKTNS
Association
A Profsssional
Atttrrneys l,aw
at
WestSeconcl
Str:eet
1000
I-itt.lc
l{.ilck. 72201
AR
hopknslawfl
i
wrvw.
rnr.conr
'l'ele
(501
phone: ) 37.5- I 7
l5
Facunri$:,,tp0 375-02"3
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L r/a i| : rchs,ts{cc rhopkinsau'fl nn.cortr
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Arkansas No. 2{}03091
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A tk)rile)'.fbr l)unn.v Wood
;
Idabel |lenwn, lnc:.;and l,t'oadInmtte:rCo., Ine.:.,

I}ANNY WOOD

!'...; \ t

jr,;i*i*'iuu*

#
iLl'..t*,.'td

Danny lVoocl {

TDAS[,T, REMAN, INf:.
{''t

lly,

i-.'.
i..L:d'''r-.-,* ,,.,$
Danny
wofrT
Chief [,]xecutive
Oflicer

\}'(X}D I,T]MBER
CO.. IN(J.

Danny Wood
(llticf !,xccutive()llice r

4