Bay Area Painters and Tapers Pension Trust Fund, and its Joint Board of Trustees et al v. Ventura Finishing Systems

Filing 98

JUDGMENT PURSUANT TO STIPULATION Re Docket No. 96 . ***Civil Case Terminated.*** Signed by Judge Haywood S. Gilliam, Jr. on 8/1/2016. (ndrS, COURT STAFF) (Filed on 8/1/2016)

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1 2 3 4 5 6 Michele R. Stafford, Esq. (SBN 172509) Erica J. Russell, Esq. (SBN 274494) SALTZMAN & JOHNSON LAW CORPORATION 44 Montgomery Street, Suite 2110 San Francisco, California 94104 Telephone: (415) 882-7900 Facsimile: (415) 882-9287 Email: mstafford@sjlawcorp.com Email: erussell@sjlawcorp.com Attorneys for Plaintiffs Bay Area Painters and Tapers Pension Trust Fund, et al. 7 8 UNITED STATES DISTRICT COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 11 12 BAY AREA PAINTERS AND TAPERS PENSION TRUST FUND, et al., 15 JUDGMENT PURSUANT TO STIPULATION Plaintiffs, 13 14 Case No. C14-03364 HSG v. VENTURA FINISHING SYSTEMS, a California Corporation; 16 Defendants. 17 18 IT IS HEREBY STIPULATED and AGREED (the “Stipulation”) by and between the parties 19 hereto, that Judgment shall be entered in the within action in favor of Plaintiffs Bay Area Painters and 20 Tapers Pension Trust Fund, et al. (“Plaintiffs” or “Trust Funds”) and against Defendant Ventura 21 Finishing Systems, a California Corporation as follows: 22 23 24 25 26 1. Defendants are currently indebted to the Trust Funds as follows: REVISED AUDIT (8/1/10 – 9/30/14) Contribution Underpayments 20% Liquidated Damages 5% Interest (through 1/31/15) Additional 5% Interest (1/31/15-7/7/16) Inspection Costs: $111,710.84 $22,342.17 $12,180.01 $8,017.20 $8,494.00 Subtotal: $162,744.22 27 28 1 JUDGMENT PURSUANT TO STIPULATION Case No. C14-03364 HSG P:\CLIENTS\PATCL\Ventura Finishing Systems 4 (July 2014 complaint)\Pleadings\Proposed Stipulation 071116.docx 1 2 3 4 5 6 7 8 9 10 11 12 CONTRIBUTIONS & RELATED AMOUNTS Unpaid 1/12 Contributions 10% Liquidated Damages on Unpaid 1/12 Contributions (min. assessment) 5% Interest on Unpaid 1/12 Contributions (through 7/7/16) $542.80 $150.00 $118.23 Unpaid 4/12 Contributions 10% Liquidated Damages on Unpaid 4/12 Contributions (max. assessment) 5% Interest on Unpaid 4/12 Contributions (through 7/7/16) $949.90 $750.00 Unpaid 5/12 Contributions 10% Liquidated Damages on Unpaid 5/12 Contributions (max. assessment) 5% Interest on Unpaid 5/12 Contributions (through 7/7/16) $542.80 $750.00 $718.21 $384.74 Unpaid 5/13 Contributions 20% Liquidated Damages on Unpaid 5/13 Contributions 5% Interest on Unpaid 5/13 Contributions (through 7/7/16) $5,634.48 $1,126.90 $851.35 Unpaid 6/13 Contributions 20% Liquidated Damages on Unpaid 6/13 Contributions 5% Interest on Unpaid 6/13 Contributions (through 7/7/16) $3,922.04 $784.41 $575.95 Unpaid 7/13 Contributions 20% Liquidated Damages on Unpaid 7/13 Contributions 5% Interest on Unpaid 7/13 Contributions (through 7/7/16) $14,390.02 $2,878.00 $2,054.03 Unpaid 8/13 Contributions 20% Liquidated Damages on Unpaid 8/13 Contributions 5% Interest on Unpaid 8/13 Contributions (through 7/7/16) $11,945.80 $2,389.16 $1,654.41 Unpaid 9/13 Contributions 20% Liquidated Damages on Unpaid 9/13 Contributions 5% Interest on Unpaid 9/13 Contributions (through 7/7/16) $9,501.28 $1,900.26 $1,275.51 Unpaid 10/13 Contributions 20% Liquidated Damages on Unpaid 10/13 Contributions 5% Interest on Unpaid 10/13 Contributions (through 7/7/16) $5,800.20 $1,160.04 754.82 Unpaid 11/13 Contributions 20% Liquidated Damages on Unpaid 11/13 Contributions 5% Interest on Unpaid 11/13 Contributions (through 7/7/16) $2,886.34 $577.27 $363.36 Unpaid 12/13 Contributions 20% Liquidated Damages on Unpaid 12/13 Contributions 5% Interest on Unpaid 12/13 Contributions (through 7/7/16) $2,209.60 $441.92 $268.78 Unpaid 1/14 Contributions 20% Liquidated Damages on Unpaid 1/14 Contributions 5% Interest on Unpaid 1/14 Contributions (through 7/7/16) 2 $2,697.60 $539.52 $317.80 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 JUDGMENT PURSUANT TO STIPULATION Case No. C14-03364 HSG P:\CLIENTS\PATCL\Ventura Finishing Systems 4 (July 2014 complaint)\Pleadings\Proposed Stipulation 071116.docx 1 Unpaid 2/14 Contributions 20% Liquidated Damages on Unpaid 2/14 Contributions 5% Interest on Unpaid 2/14 Contributions (through 7/7/16) 6 7 8 9 10 11 $3,006.70 $601.34 $253.30 Unpaid 10/14 Contributions 20% Liquidated Damages on Unpaid 10/14 Contributions 5% Interest on Unpaid 10/14 Contributions (through 7/7/16) Subtotal: 5 $6,859.14 $1,371.83 $606.99 Unpaid 9/14 Contributions 20% Liquidated Damages on Unpaid 9/14 Contributions 5% Interest on Unpaid 9/14 Contributions (through 7/7/16) 4 $5,736.95 $1,147.39 $532.04 Unpaid 8/14 Contributions 20% Liquidated Damages on Unpaid 8/14 Contributions 5% Interest on Unpaid 8/14 Contributions (through 7/7/16) 3 $2,023.20 $404.64 $229.76 Unpaid 7/14 Contributions 20% Liquidated Damages on Unpaid 7/14 Contributions 5% Interest on Unpaid 7/14 Contributions (through 7/7/16) 2 $2,725.70 $545.14 $218.43 $110,070.08 12 Attorneys’ Fees (12/3/13 – 7/6/16) Costs (12/3/13 – 7/6/16) 13 $34,471.00 $978.78 Subtotal: TOTAL DUE:1 14 $35,449.78 $308,264.08 15 2. Judgment shall be entered for the total due of $308,264.08. 16 3. Enforcement of Judgment shall be stayed for 45 days from the date that this Judgment is 17 executed by the parties. 18 4. Defendant shall provide Plaintiffs with reasonably available and relevant financial 19 documentation to allow Plaintiffs to evaluate Defendant’s ability to pay the amounts due. Plaintiffs shall 20 provide Defendants with a list of all requested documents, which shall be provided by Defendant to 21 Plaintiffs, if they so exist and/or are available, within ten (10) business days of Defendant receiving said 22 list. 23 5. The parties agree that the Court shall retain jurisdiction of this matter until this Judgment 24 25 26 27 28 1 Defendant has failed to submit its contribution reports for August 2015 through May 2016. Any amounts found to be due for this period, including any liquidated damages and interest, based on contribution reports, time cards, audit, estimates pursuant to Plaintiffs’ Collection Procedures, or otherwise, shall be added to the Judgment total. 3 JUDGMENT PURSUANT TO STIPULATION Case No. C14-03364 HSG P:\CLIENTS\PATCL\Ventura Finishing Systems 4 (July 2014 complaint)\Pleadings\Proposed Stipulation 071116.docx 1 is satisfied. 2 DATED: July 12, 2016 VENTURA FINISHING SYSTEMS, INC. 3 By: 4 /S/ Mohinder Pal Singh for Defendant Ventura Finishing Systems, Inc. 5 DATED: July 12, 2016 BAY AREA PAINTERS AND TAPERS PENSION TRUST FUND, et al. 6 7 By: James Hewett Trustee of Plaintiff Trust Funds 8 9 /S/ DATED: July 12, 2016 BAY AREA PAINTERS AND TAPERS PENSION TRUST FUND, et al. 10 By: 11 12 13 14 APPROVED AS TO FORM. DATED: July 12, 2016 15 SALTZMAN & JOHNSON LAW CORPORATION By: 16 17 18 DATED: July 12, 2016 20 22 23 24 /S/ Erica J. Russell, Esq. Attorneys for Bay Area Painters and Tapers Pension Trust Fund, et al. GAURAV BOBBY KALRA By: 19 21 /S/ Marian Bourboulis Trustee of Plaintiff Trust Funds /S/ Gaurav Bobby Kalra, Esq. Attorney for Defendants Ventura Finishing Systems, Inc. IT IS SO ORDERED. IT IS FURTHER ORDERED that the calendar in this matter is vacated, and that the Court shall retain jurisdiction over this matter. August 1, DATED: July ____, 2016 2016 UNITED STATES DISTRICT JUDGE 25 26 27 28 4 JUDGMENT PURSUANT TO STIPULATION Case No. C14-03364 HSG P:\CLIENTS\PATCL\Ventura Finishing Systems 4 (July 2014 complaint)\Pleadings\Proposed Stipulation 071116.docx

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