Ntl Integrated Tech v. Robert Gustavson, et al

Filing 222

RENEWAL OF JUDGMENT by Clerk in favor of National Integrated Technologies, Inc. and against Robert Gustavson and Protection Systems, Inc. in the principal amount of $598,718.50, interest in the amount of $305,450.25, attorneys fees of $0.00, costs of $0.00 for a total judgment of $904,168.75. Related to: Miscellaneous Document 220 (Attachments: # 1 NOTICE OF RENEWAL OF JUDGMENT (FOUO)) (jre) Modified on 11/21/2014 (jre).

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1 2 3 4 5 DARRYL C. SHEETZ (SBN 098604) LAW OFFICES OF DARRYL C. SHEETZ 335 Centennial Way, Suite 100 Tustin, California 92780 Telephone: (949) 553-0300 Facsimile: (949) 553-0390 Email: dcsheetz@aol.com 6 7 Attorney for Plaintiff 8 UNITED STATES DISTRICT COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 11 12 13 NATIONAL INTEGRATED TECHNOLOGIES, INC., a Vermont corporation, 14 15 Plaintiff, vs. 16 17 18 19 20 21 22 ROBERT GUSTAVSON, an individual; PROTECTION SYSTEMS, INC., a California corporation, Case No.: CV-97-06492-WJR (RZx) ORDER GRANTING APPLICATION FOR AND RENEWAL OF JUDGMENT BY CLERK Action Filed: August 29, 1997 Defendants, _________________________________ ROBERT GUSTSAVSON, an individual; PROTECTION SYSTEMS, INC., a California corporation, 23 Counter-Complainants, 24 vs. 25 26 27 28 NATIONAL INTEGRATED TECHNOLOGIES, INC., a Vermont corporation; ZANE AKINS, an individual, and ROBERT E. SCHRULL, a -1Order Granting to Application For And Renewal Of Judgment by Clerk 1 2 individual, dba A&S ASSOCIATES, LTD., 3 Counter-Defendants. 4 5 6 The Court having considered Judgment Creditor Plaintiff NATIONAL 7 INTEGRATED TECHNOLOGIES, INC. (“NITI”) Application for and Renewal 8 9 10 of Judgment against Judgment Debtors ROBERT GUSTAVSON (“Gustavson”) and PROTECTION SYSTEMS, INC. (“PSI) hereby GRANTS the application as 11 12 13 follows: IT IS HEREBY ORDERED: 14 1. That the Judgment Creditor NITI’s original judgment entered on 15 16 17 January 12, 2005, against Judgment Debtors Robert Gustavson, jointly and severally, and Protection Systems, Inc., jointly and severally, is hereby renewed 18 19 20 in the following amount: Economic Damages: $385,687.00 21 22 23 24 Interest after judgment: $305,450.25 (Calculated: $385,687.00 x 5.28% = $59.77/day x 5475 days (15 years) = $305,450.25) Attorneys’ Fees/Costs: $183,031.50 Punitive Damages (Gustavson) $15,000.00 25 26 27 28 -2Order Granting to Application For And Renewal Of Judgment by Clerk 1 2 3 Punitive Damages (PSI) $15,000.00 TOTAL: $904,168.75 4 5 6 7 2. That the terms of the Stipulated Judgment set forth below are hereby renewed: (1) That Plaintiff NITI have judgment against Defendants Gustavson 8 9 10 and PSI, jointly and severally, for economic damages in the sum of $385,687.00 for rescission based on fraud and conversion, with interest thereon at the rate of 11 12 13 5.28% per annum from September 15, 1999; (2) That Plaintiff NITI's breach of contract cause of action is 14 dismissed; 15 16 17 (3) That Defendant PSI is the owner of the remaining LA 2000 Light Alarm Systems that were in Defendant PSI's possession at the time of the trial; 18 19 20 (4) That, based on a finding of fraud, malice, and oppression, punitive damages be awarded against Gustavson in the amount of $15,000.00; 21 (5) That, based on a finding of fraud, malice, and oppression, punitive 22 23 24 damages be awarded against PSI in the amount of $15,000.00; (6) That the preliminary injunction, issued by this Court on September 25 26 27 19, 1997, enjoining Defendant PSI and its officers, agents, servants, employees, attorneys of record, and those acting in concert or participation with them, from 28 -3Order Granting to Application For And Renewal Of Judgment by Clerk 1 selling or otherwise disposing of 1,500 units of the LA 2000 Light Alarm 2 Systems is dissolved; 3 (7) 4 5 That Defendants and Counter-Complainants, Gustavson and PSI, take nothing by way of their Counterclaim; and 6 (8) 7 8 That Defendants Gustavson and PSI shall be obligated, jointly and severally, to pay Plaintiff NITI the amount of $183,031.50 in attorneys' fees and 9 10 11 12 costs. Dated: 11/21/2014 J. Remigio Deputy Clerk, U.S. District Court 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -4Order Granting to Application For And Renewal Of Judgment by Clerk

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