Liu Aifang et al v. Velocity VIII Limited Partnership et al

Filing 299

FINAL JUDGMENT by Judge S. James Otero. IT IS HEREBY ORDERED AND ADJUDGED THAT Plaintiffs are awarded a monetary judgment against Defendants jointly and severally in the sum of $8,000,000. FURTHER ORDERED AND ADJUDGED THAT, pursuant to Californi a Civil Code section 3287(a), Plaintiffs shall recover froM Defendants jointly and severally pre-judgment interest at a rate of seven percent per annum, which shall accrue from 10/9/2015 until thedate of entry of Final Judgment. FURTHER ORDERED AND ADJUDGED THAT, pursuant to 28 USC section 1961(a), the total amount of this judgment shall bear post-judgment interest at a rate of 0.60 percent from the date of entry of Final Judgment. (MD JS-6, Case Terminated). (jp)

1
2
3
September 26, 2016.

4

VC
P

5

JS-6

6
7
8

UNITED STATES DISTRICT COURT

9

CENTRAL DISTRICT OF CALIFORNIA

10
11
12
LIU AIFANG, ET AL.,

Case No. 2:14-07060-SJO-MRWx

13
Plaintiffs,

FINAL JUDGMENT

14
vs.
15
VELOCITY VIII L.P., et al.,
16
Defendants.
17
18
FINAL JUDGMENT
19
Upon review of the court files, the applications for default judgment, the declarations
20
submitted in support of the default judgment, and the evidence presented having been fully
21
considered, it is hereby ordered and adjudged that Plaintiffs Liu Aifang, Jin Bixia, Su Yan, Zhu
22
Jingbo, Xu Jing, Gao Jinliang, Gou Xiaoye, Wang Hongmei, Xin Bin, Tan Yanting, Tao Qing, Lu
23
Tsui-Hua, Chen Xiaoyan, Chen Jianxiu, Zhou Jun, and Xian Hao ("Plaintiffs") shall have
24
JUDGMENT in their favor and against defaulting Defendants Velocity VIII L.P., REO Group
25
Properties, LLC, Wendy Ko, Ning-Lee Ko, and Y&C Builder Inc. (collectively, "Defendants"), jointly
26
and severally, as follows:
27
IT IS HEREBY ORDERED AND ADJUDGED THAT Plaintiffs are awarded a monetary
28
judgment against Defendants jointly and severally in the sum of $8,000,000.

1

IT IS HEREBY FURTHER ORDERED AND ADJUDGED THAT, pursuant to California Civil

2

Code section 3287(a), Plaintiffs shall recover froM Defendants jointly and severally pre-judgment

3

interest at a rate of seven percent per annum, which shall accrue from October 9, 2015 until the

4

date of entry of Final Judgment.

5

IT IS HEREBY FURTHER ORDERED AND ADJUDGED THAT, pursuant to 28 U.S.C.

6

section 1961(a), the total amount of this judgment shall bear post-judgment interest at a rate of

7

0.60 percent from the date of entry of Final Judgment.

8
9

IT IS SO ORDERED.

10
11

Dated:

September 26, 2016
S. JAMES OTERO
UNITED STATES DISTRICT JUDGE

12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
2