Davalan Sales Inc et al v. Tristins Brokerage Co Inc et al

Filing 42

JUDGMENT by Judge Dolly M. Gee: Upon Stipulation 39 , IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Plaintiffs are valid trust beneficiaries of Defendant for debts owed to Plaintiffs as follows: (1) To DAVALAN SALES, INC., a California corporatio n, the principal amount of $70,293.30, plus attorney's fees in the amount of $5,846.93 through 1/21/2013, plus finance charges at the rate of 18% per annum, on the principal amount due, in the amount of $15,737.44 through 1/2 1/2013, less credit for money paid from PACA trust funds in the amount of $27,689.08, for a total sum due in the amount of $64,188.59. (2) To DAVALAN SALES, INC., a California corporation also trading as THE BANANA COMPANY, the principal am ount of $25,970.75, plus attorney's fees in the amount of $2,160.22 through 1/21/2013, plus finance charges at the rate of 18% per annum, on the principal amount due, in the amount of $6,295.96 through 1/21/2013, less credit for money paid from PACA trust funds in the amount of $10,395.98, for a total sum due in the amount of $24,030.95. (3) To VAL-PRO, INC. dba VALLEY FRUIT & PRODUCE CO., INC., the principal amount of $129,412.55, plus attorney's fee s in the amount of $10,764.41 through 1/21/2013, plus finance charges at the rate of 18% per annum, on the principal amount due, in the amount of $ $23,708.23 through 1/21/2013, less credit for money paid from PACA trust funds in the amount of $49,140.57, for a total sum due in the amount of $114,744.62. (4) To KERN RIDGE GROWERS, LLC, the principal amount of $4,526.00, plus interest on the principal amount at the legal rate in the amount of $ $1,312. 62 through 1/21/2013, less credit for money paid from PACA trust funds in the amount of $1,576.16, for a total sum due in the amount of $4,262.46. (5) To SCARBOROUGH FARMS, INC., the principal amount of $11,872.35, plus attorney's fees in the amount of $987.53 through 1/21/2013, plus finance charges at the rate of 18% per annum, on the principal amount due, in the amount of $5,653.95 through 1/21/2013, less credit for money paid from PACA trust funds in the amo unt of $5,712.20, for a total sum due in the amount of $12,801.63. (6) To JHP PRODUCE, INC. dba J. HELLMAN PRODUCE, INC., the principal amount of $47,175.50, plus attorney's fees in the amount of $3,924.01 through 1/21/2013, plus interest on the principal amount at the legal rate in the amount of $5,225.96 through 1/21/2013, less credit for money paid from PACA trust funds in the amount of $17,270.74, for a total sum due in the amount of $39,054.73. IT IS FURTHER ORDERED, ADJUDGED AND DECREED that Judgment is hereby entered in favor of Plaintiffs and against Defendant TRISTIN'S BROKERAGE CO., INC., a corporation, in the amounts set forth at paragraphs 1 through 6, above, plus additional finance c harges at the rate of 1.5% per month commencing on 1/22/2013 and continuing through the date Judgment is entered, on the above-stated principal amounts due to Plaintiffs DAVALAN SALES, INC., a California corporation; DAVALAN SALES, INC., a Calif ornia corporation also trading as THE BANANA COMPANY; VAL-PRO, INC. dba VALLEY FRUIT & PRODUCE CO., INC.; and SCARBOROUGH FARMS, INC.; plus additional interest at the legal rate of 10% per annum commencing on 1/22/2013 and continuing through the date Judgment is entered on the above-stated principal sums due to Plaintiffs KERN RIDGE GROWERS, LLC and JHP PRODUCE, INC., d/b/a J. HELLMAN PRODUCE, INC. See document for details. (MD JS-6, Case Terminated). (gk)

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1 JS-6 2 3 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 FOR THE CENTRAL DISTRICT OF CALIFORNIA 10 11 DAVALAN SALES, INC., a California corporation; et al, JUDGMENT [39] 12 13 CASE NO. 2:12-cv-00118-DMG-SS Plaintiffs, v. 14 15 TRISTIN’S BROKERAGE CO., INC., a corporation; et al., 16 17 Defendants. 18 Having read and considered the Stipulation For entry of judgment entered into by 19 and between Plaintiffs DAVALAN SALES, INC., a California corporation (“DSI”), and 20 DAVALAN SALES, INC., a California corporation also trading as THE BANANA 21 22 COMPANY (“TBC”); and Intervening Plaintiffs, VAL-PRO, INC. dba VALLEY FRUIT 23 & PRODUCE CO., INC. (“VFPC”); KERN RIDGE GROWERS, LLC (“KRG”); 24 SCARBOROUGH FARMS, INC. (“SF”); and JHP PRODUCE, INC. dba J. HELLMAN 25 PRODUCE, INC. (“JHP”) (collectively referred to as “Plaintiffs”), and Defendant 26 27 28 TRISTIN’S BROKERAGE CO., INC., a corporation, ( referred to as “Tristin’s” or “Defendant”), and good cause appearing therefor, 1 1 2 3 IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Plaintiffs are valid trust beneficiaries of Defendant for debts owed to Plaintiffs as follows: 1. To DAVALAN SALES, INC., a California corporation, the principal amount 4 5 of $70,293.30, plus attorney’s fees in the amount of $5,846.93 through January 6 21, 2013, plus finance charges at the rate of 18% per annum, on the principal 7 amount due, in the amount of $15,737.44 through January 21, 2013, less credit 8 for money paid from PACA trust funds in the amount of $27,689.08, for a total 9 10 sum due in the amount of $64,188.59. 11 2. To DAVALAN SALES, INC., a California corporation also trading as THE 12 BANANA COMPANY, the principal amount of $25,970.75, plus attorney’s 13 fees in the amount of $2,160.22 through January 21, 2013, plus finance charges 14 15 at the rate of 18% per annum, on the principal amount due, in the amount of 16 $6,295.96 through January 21, 2013, less credit for money paid from PACA 17 trust funds in the amount of $10,395.98, for a total sum due in the amount of 18 $24,030.95. 19 20 3. To VAL-PRO, INC. dba VALLEY FRUIT & PRODUCE CO., INC., the 21 principal amount of $129,412.55, plus attorney’s fees in the amount of 22 $10,764.41 through January 21, 2013, plus finance charges at the rate of 18% 23 per annum, on the principal amount due, in the amount of $ $23,708.23 24 25 through January 21, 2013, less credit for money paid from PACA trust funds in 26 the amount of $49,140.57, for a total sum due in the amount of $114,744.62. 27 4. To KERN RIDGE GROWERS, LLC, the principal amount of $4,526.00, plus 28 interest on the principal amount at the legal rate in the amount of $ $1,312.62 2 1 through January 21, 2013, less credit for money paid from PACA trust funds in 2 the amount of $1,576.16, for a total sum due in the amount of $4,262.46. 3 5. To SCARBOROUGH FARMS, INC., the principal amount of $11,872.35, plus 4 5 attorney’s fees in the amount of $987.53 through January 21, 2013, plus 6 finance charges at the rate of 18% per annum, on the principal amount due, in 7 the amount of $5,653.95 through January 21, 2013, less credit for money paid 8 from PACA trust funds in the amount of $5,712.20, for a total sum due in the 9 10 amount of $12,801.63. 11 6. To JHP PRODUCE, INC. dba J. HELLMAN PRODUCE, INC., the principal 12 amount of $47,175.50, plus attorney’s fees in the amount of $3,924.01 through 13 January 21, 2013, plus interest on the principal amount at the legal rate in the 14 15 amount of $5,225.96 through January 21, 2013, less credit for money paid 16 from PACA trust funds in the amount of $17,270.74, for a total sum due in the 17 amount of $39,054.73. 18 IT IS FURTHER ORDERED, ADJUDGED AND DECREED that if a dispute 19 20 arises resulting in any or all of the parties incurring attorney’s fees and/or costs in 21 connection in with enforcing this judgment entered hereon, the prevailing party or parties 22 shall be entitled to reimbursement of reasonable attorney’s fees, expenses and costs so 23 incurred only to the extent permitted by statute, from the non-prevailing party or parties. 24 25 26 27 28 This does not include attorney’s fees which are incurred by the judgment creditor simply to collect the amount due under the terms of this judgment; IT IS FURTHER ORDERED, ADJUDGED AND DECREED that Judgment is hereby entered in favor of Plaintiffs and against Defendant TRISTIN’S BROKERAGE 3 1 CO., INC., a corporation, in the amounts set forth at paragraphs 1 through 6, above, plus 2 additional finance charges at the rate of 1.5% per month commencing on January 22, 2013 3 and continuing through the date Judgment is entered, on the above-stated principal amounts 4 5 due to Plaintiffs DAVALAN SALES, INC., a California corporation; DAVALAN 6 SALES, INC., a California corporation also trading as THE BANANA COMPANY; 7 VAL-PRO, INC. dba VALLEY FRUIT & PRODUCE CO., INC.; and SCARBOROUGH 8 FARMS, INC.;, plus additional interest at the legal rate of 10% per annum commencing on 9 10 January 22, 2013 and continuing through the date Judgment is entered on the above-stated 11 principal sums due to Plaintiffs KERN RIDGE GROWERS, LLC and JHP PRODUCE, 12 INC., d/b/a J. HELLMAN PRODUCE, INC. 13 IT IS FURTHER ORDERED, ADJUDGED AND DECREED that all Plaintiffs 14 15 16 17 18 shall be entitled to post-judgment interest at the rate of 10% per annum on all principal sums due hereunder until fully paid. IT IS FURTHER ORDERED, ADJUDGED AND DECREED that any application to prove the amount of additional interest, attorneys’ fees, or costs due in 19 20 connection with the enforcement of this Judgment shall be made by Plaintiffs on noticed 21 motion in writing, to Defendant TRISTIN’S BROKERAGE CO., INC. to be served on 22 Defendant’s attorney, Steve Kerekes, by facsimile number (626) 796-5001 and overnight 23 mail to Defendant’s attorney, Steve Kerekes, at 117 E Colorado Blvd., Ste. 460, Pasadena, 24 25 CA 91105. 26 IT IS FURTHER ORDERED, ADJUDGED AND DECREED that Cathay 27 Bank, and any other banking institution which is or is hereafter discovered to be holding 28 funds for or for the benefit of Tristin’s shall immediately turn over all such funds to 4 1 Plaintiffs by cashier’s check made payable to “Rynn & Janowsky, LLP Client Trust 2 Account” and delivered to Plaintiff’s counsel, R. Jason Read, at Rynn & Janowsky, LLP, 3 4100 Newport Place Drive, Suite 700, Newport Beach, CA 92660. Upon receipt of any 4 5 such funds, Plaintiffs’ counsel shall promptly remit to each Plaintiff that Plaintiff’s pro- 6 rata share of any such funds received and shall thereafter file a Partial Satisfaction of 7 Judgment reflecting receipt of such funds. 8 IT IS FURTHER ORDERED AND DECREED that any and all restraining orders 9 10 and injunctions entered in this case shall be automatically dissolved and terminated 11 without need for further Court order upon entry of the judgment contemplated herein or 12 upon receipt by Plaintiff’s counsel of any funds presently being held by Cathay Bank or 13 any other banking institution as set forth above, whichever occurs later. 14 15 IT IS SO ORDERED. 16 17 18 DATED: February 13, 2013 DOLLY M. GEE UNITED STATES DISTRICT JUDGE 19 20 21 22 23 24 25 26 27 28 5

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