MNA Partners Limited et al v. Irfan Amanat

Filing 22

JUDGMENT by Judge Dean D. Pregerson in favor of MNA Partners Limited and Kamal El Tayara against Irfan Amanat related to Order on Motion for Default Judgment Hearing 20 . IT IS ORDERED, ADJUDGED, AND DECREED that 1. Defendant Irfan Amanat shall pay Plaintiffs the sum of Seven Million Five Hundred Thousand Dollars and Zero Cents ($7,500,000) (total, not per Plaintiff) for actual and punitive damages arising from Defendant's fraudulent embezzlement of funds. 2. Defendant shall indemnify Plaintiffs in the event Plaintiffs are required to defend, compromise, or make payments in response to any and all claims by any and all third-party investors injured by Defendant's fraudulent embezzlement of funds. (MD JS-6, Case Terminated). (kpa)

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1 2 3 4 5 6 7 8 RICHARD MOONEY (CA State Bar No. 176486) Email: richard.mooney@hro.com PATRICK HAGAN (CA State Bar No. 266237) Email: patrick.hagan@hro.com HOLME ROBERTS & OWEN LLP 800 West Olympic Blvd., 4th Floor Los Angeles, CA 99915 Telephone: 213-572-4300 Facsimile: 213-572-4400 JS-6 Attorneys for Plaintiffs MNA Partners Limited and Kamal El Tayara 9 10 UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA WESTERN DIVISION 11 12 13 14 15 16 MNA Partners Limited, a United Arab Emirates Limited Liability Company, and Kamal El Tayara, a citizen of Lebanon and resident of the United Arab Emirates, Case No.: 2:11-CV-02327-DDP-CW Hon. Dean D. Pregerson JUDGMENT 17 18 19 Plaintiffs, v. Complaint filed: March 18, 2011 20 21 Irfan Amanat, a citizen of the United States and resident of California, 22 23 Defendant. 24 25 26 27 28 [PROPOSED] JUDGMENT MNA Partners Limited, et al. v. Amanat Case No. 2:11-cv-02327-DDP-CW 1 JUDGMENT 2 The motion for default judgment against Defendant Irfan Amanat 3 (“Defendant”) filed by Plaintiffs MNA Partners Limited and Kamal El Tayara 4 (“Plaintiffs”) came on regularly for hearing on October 3, 2011, before the Honorable 5 Dean Pregerson. No opposition was filed, and, having considered the papers and good 6 cause appearing, the Court indicated its tentative view that the motion should be 7 granted upon the filing by Plaintiffs of a proposed judgment. This proposed judgment 8 having now been filed, and it appearing by reason of the preceding that MNA Partners 9 Ltd. and Kamal El Tayara are entitled to judgment against Irfan Amanat, 10 NOW, THEREFORE, IT IS ORDERED, ADJUDGED, AND DECREED that 11 1. Defendant Irfan Amanat shall pay Plaintiffs the sum of Seven Million 12 Five Hundred Thousand Dollars and Zero Cents ($7,500,000) (total, not per Plaintiff) 13 for actual and punitive damages arising from Defendant’s fraudulent embezzlement of 14 funds. 15 2. Defendant shall indemnify Plaintiffs in the event Plaintiffs are required to 16 defend, compromise, or make payments in response to any and all claims by any and 17 all third-party investors injured by Defendant’s fraudulent embezzlement of funds. 18 19 20 21 Dated: October 04, 2011 ________________________________ Hon. Dean D. Pregerson United States District Judge 22 23 24 25 26 27 28 1 [PROPOSED] JUDGMENT MNA Partners Limited, et al. v. Amanat Case No. 2:11-cv-02327-DDP-CW

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