Progreso Produce Ltd 1 LP v. Pacific West Marketing, Inc. et al

Filing 28

AGREED JUDGMENT by Judge A. Howard Matz. ORDERED, ADJUDGED AND DECREED that Individual Defendants Mr. Young and Ms. Young are persons in control of the of assets held byPacWest and that Defendants Sara Frances Young and David Young knowingly dissipat ed the trust res held by PacWest for purposes other than payment to PacWests suppliers of perishable agricultural commodities, including Plaintiff Progreso; FURTHER ORDERED, ADJUDGED AND DECREED that Plaintiff Progreso have and recover from Defendant s the sum of $150,000.00, for which let execution issue; FURTHER ORDERED, ADJUDGED AND DECREED that the parties are to pay their respective attorney's fees and costs. FURTHER ORDERED, ADJUDGED AND DECREED Plaintiff Progreso shall have such writs and processes as may be necessary in the enforcement and collection of this Judgment; and FURTHER ORDERED, ADJUDGED AND DECREED that all relief not expressly granted herein is denied. This Judgment disposes of all parties and all claims and is final for the purposes of appeal. (jp)

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1 2 3 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 11 PROGRESO PRODUCE LTD 1 LP. 12 Plaintiff, 13 vs. 14 15 16 17 PACIFIC WEST MARKETING, INC.; DAVID YOUNG, an individual, and SARA FRANCES, an individual. Defendants. ) Case No.: 2:10-cv-08762-AHM (AJWx) ) ) ) ) AGREED JUDGMENT ) ) ) ) ) ) 18 On this day, came on to be heard and considered the above-styled and number cause. 19 The parties informed the Court that they have agreed that the Court has jurisdiction over the 20 parties and the subject matter of this lawsuit and have agreed to settle this matter and stipulate 21 to the entry of this Agreed Final Judgment. The Court has considered the parties’ motion, the 22 23 representation of counsel, the pleadings, and official records on file in this matter, as well as the 24 applicable law, and is of the opinion and finds that it has jurisdiction over the parties and the 25 subject matter of this lawsuit, that judgment should be rendered and entered in favor of 26 Plaintiff, Progreso Produce Ltd 1 LP (“Progreso”) and against Defendants Pacific West 27 28 Agreed Judgment Page 1 of 3 1 Marketing, Inc. (“PacWest”) and Individual Defendants David Young and Sara Frances Young 2 (PacWest, Mr. Young and Ms. Young collectively referred to as “Defendants”). It is therefore, 3 ORDERED, ADJUDGED AND DECREED that Individual Defendants Mr. Young 4 and Ms. Young are persons in control of the of assets held byPacWest and that Defendants Sara 5 6 Frances Young and David Young knowingly dissipated the trust res held by PacWest for 7 purposes other than payment to PacWest’s suppliers of perishable agricultural commodities, 8 including Plaintiff Progreso; 9 IT IS FURTHER ORDERED, ADJUDGED AND DECREED that Plaintiff Progreso have 10 and recover from Defendants the sum of $150,000.00, for which let execution issue; 11 IT IS FURTHER ORDERED, ADJUDGED AND DECREED that the parties are to 12 13 14 pay their respective attorney’s fees and costs. IT IS FURTHER ORDERED, ADJUDGED AND DECREED Plaintiff Progreso 15 shall have such writs and processes as may be necessary in the enforcement and collection of 16 this Judgment; and 17 IT IS FURTHER ORDERED, ADJUDGED AND DECREED that all relief not 18 expressly granted herein is denied. This Judgment disposes of all parties and all claims and is 19 20 21 final for the purposes of appeal. SIGNED this 4th day of October, 2011. 22 23 _____________________________ THE HONORABLE A. HOWARD MATZ UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA 24 25 26 27 28 Agreed Judgment Page 2 of 3 1 ACCEPTED AND AGREED AS TO FORM AND SUBSTANCE: 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 ______________________________ Craig A. Stokes (SBN 200848) Stokes Law Office LLP 3330 Oakwell Court, Suite 225 San Antonio, TX 78218 Telephone (210) 804-0011 Facsimile (210) 822-2595 cstokes@stokeslawoffice.com ________________________________ Alan L. Rosen (SBN 67328) Rosen and Loeb 2659 Townsgate Road, Suite 136 Westlake Village, CA 91361 Telephone (805) 777-0066 Facsimile (805) 777-7654 alanlrosen@hotmail.com And Attorneys for Defendants Pacific West Marketing, Inc.; David Young and Sara Frances Young Merl Ledford III (SBN 082253) Ledford Law Corporation 805 West Oak Avenue Visalia CA 93291-6033 Telephone (559) 627-2710 Facsimile (559) 627-0717 m.ledford3ledfordlaw.net Attorneys for Plaintiff, Progreso Produce Ltd 1 LP 17 18 19 20 21 22 23 24 25 26 27 28 Agreed Judgment Page 3 of 3

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