Indymac Bank FSB et al v. Aryana/Olive Grove Land Development LLC et al

Filing 101

JUDGMENT by Judge Virginia A. Phillips: IT IS ORDERED, ADJUDGED, AND DECREED THAT: With respect to the Third Cause of Action for Breach of Guaranty set forth in Plaintiffs Complaint, the Court hereby awards damages against Aryana and Braswell, jointly and severally, and in favor of Plaintiff in the amount of $5,306,702.53. No party waives any rights of appeaL. (MD JS-6, Case Terminated). (ad)

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1 ALAN H. MARTIN, CaL. Bar No. 132301
amartin(Gsheppardmullin.com
2 MICHA'EL U. STEWART, CaL. BarNo. 161909
mstewart(GshepIJ~rdmullin.com
3 MATTHEW B. HOLBROOK, CaL. Bar No. 280729
mholbrook(Gsheppardmullin.com
4 SHEPPARt, MULIN, RICHTER & HAMPTON LLP
650 Town Center Drive, 4th Floor

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5 Costa Mesa, California 92626-1993
Telephone: [phone]

6 Facsimile: 714-513-5130

FEDERAL DEPOSIT
INSURANCE CORPORATION, AS
8 RECEIVER FOR INDYMAC BANK, F .S.B.

7 Attorneys for Plaintiff

9 UNITED STATES DISTRICT COURT
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CENTRAL DISTRICT OF CALIFORNIA, EASTERN DIVISION

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12 INDYMAC BANK, F.S.B.,
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14 v.

Plaintiff,

15 ARYANAIOLIVE GROVE LAND
DEVELOPMENT, LLC, a California
16 limited liabilty company; PACIFIC
WEST COAST DEVELOPMENT,
17 LLC, a California limited liability
company; SHAHV AND ARYANA, an
18 individual; JAMES BRASWELL, an
individual; and DOES 1-100, inclusive,
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Case No. EDCV12-01494 VAP (DTBx)

Defendants.

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SMRH:411447153.2
Case No. EDCV 1 2-0 i 494 V AP (DTBx)

~JUDGMENT
Trial Date: October 22,2013

Time: 9:00 a.m.
Ctrm: 2

Judge: Hon. Virginia A. Philips

II

1 This action came on for trial at 9:00 a.m. on October 22,2013 in

the United States District Court for the Central District of

2 Courtroom 2 of

3 California, Eastern Division, the Honorable Virginia A. Philips, presiding.

plaintiff

4 Michael D. Stewart and Matthew B. Holbrook appeared on behalf of

5 FEDERAL DEPOSIT INSURANCE CORPORATION, AS RECEIVER FOR

of

6 INDYMAC BANK, F.S.B. ("Plaintiff"). Andre Rekte appeared on behalf

7 defendant SHAHVAND ARYANA ("Aryana"). Keith A. Kelly appeared on behalf
8 of defendant JAMES BRASWELL ("Braswell"). Plaintiff, Aryana and Braswell
9 consent to judgment as set forth below.
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IT is ORDERED, ADJUDGED, AND DECREED THAT:

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12

13 With respect to the Third Cause of Action for Breach of Guaranty set
14 forth in Plaintiffs Complaint, the Court hereby awards damages against Aryana and

15 Braswell, jointly and severally, and in favor of Plaintiff in the amount of
is awarded attorneys' fees in the

16 $5,306,702.53. In addition to such sum, Plaintiff

17 amount of $ and costs of $
18 against Aryana and Braswell, jointly and severally, for a total judgment of

19 $ , which sum shall accrue post-judgment interest at the
20 legal rate. No part waives any rights of appeaL.

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22 Dated: Ovt i., iøJ~

~" c.ii.l~

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HON. VIRGINIA A. PHILLIPS
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UNITED STATES DISTRICT JUDGE

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SMRH:41

144715.2

Case No. EDCV12-01494 VAP(DTBx)

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