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)
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September 26, 2016.
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VC
P
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JS-6
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UNITED STATES DISTRICT COURT
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CENTRAL DISTRICT OF CALIFORNIA
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LIU AIFANG, ET AL.,
Case No. 2:14-07060-SJO-MRWx
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Plaintiffs,
FINAL JUDGMENT
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vs.
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VELOCITY VIII L.P., et al.,
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Defendants.
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FINAL JUDGMENT
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Upon review of the court files, the applications for default judgment, the declarations
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submitted in support of the default judgment, and the evidence presented having been fully
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considered, it is hereby ordered and adjudged that Plaintiffs Liu Aifang, Jin Bixia, Su Yan, Zhu
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Jingbo, Xu Jing, Gao Jinliang, Gou Xiaoye, Wang Hongmei, Xin Bin, Tan Yanting, Tao Qing, Lu
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Tsui-Hua, Chen Xiaoyan, Chen Jianxiu, Zhou Jun, and Xian Hao ("Plaintiffs") shall have
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JUDGMENT in their favor and against defaulting Defendants Velocity VIII L.P., REO Group
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Properties, LLC, Wendy Ko, Ning-Lee Ko, and Y&C Builder Inc. (collectively, "Defendants"), jointly
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and severally, as follows:
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IT IS HEREBY ORDERED AND ADJUDGED THAT Plaintiffs are awarded a monetary
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judgment against Defendants jointly and severally in the sum of $8,000,000.
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IT IS HEREBY FURTHER ORDERED AND ADJUDGED THAT, pursuant to California Civil
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Code section 3287(a), Plaintiffs shall recover froM Defendants jointly and severally pre-judgment
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interest at a rate of seven percent per annum, which shall accrue from October 9, 2015 until the
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date of entry of Final Judgment.
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IT IS HEREBY FURTHER ORDERED AND ADJUDGED THAT, pursuant to 28 U.S.C.
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section 1961(a), the total amount of this judgment shall bear post-judgment interest at a rate of
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0.60 percent from the date of entry of Final Judgment.
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IT IS SO ORDERED.
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Dated:
September 26, 2016
S. JAMES OTERO
UNITED STATES DISTRICT JUDGE
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