Colgan Financial Group, Inc. v. First 100, LLC et al

Filing 29

ORDER granting Plaintiff's 16 Motion for Prejudgment Remedy; granting Plaintiff's 18 Motion for Disclosure of Assets. Defendants are ordered to disclose assets as requested by Plaintiff by 10/1/14. Signed by Judge Vanessa L. Bryant on 9/25/14. (De Palma, C)

UNITED STATES DISTRICT COURT
DISTRICT OF CONNECTICUT
COLGAN FINANCIAL GROUP, INC.,
Plaintiff,
v.
FIRST 100, LLC; JAY BLOOM;
and MATTHEW FARKAS,
Defendants.

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CIVIL ACTION NO.
3:14-CV-01254 (VLB)

September 25, 2014

ORDER FOR PREJUDGMENT REMEDY
WHEREAS, the Plaintiff Colgan Financial Group (“CFG”) in the above
entitled action has made application pursuant to Fed. R. Civ. P. 64, Local Federal
Rule of Civil Procedure Rule 4(c) and Conn. Gen. Stat. § 52-278a, et seq., for a
prejudgment remedy to attach the assets of Defendant Jay Bloom and the assets
of Defendant Matthew Farkas, to garnish property or obligations due from third
parties known to the Plaintiff or as may be hereafter identified in such
Defendants’ response to the Plaintiff’s Motion to Disclose Assets, and to compel
each such Defendant to bring sufficient out-of-state assets within Connecticut
and file with the Clerk of the Court for preservation pending the final outcome of
this action, in order to secure the sum of $750,000; and
WHEREAS, after due hearing at which the parties appeared and were fully
heard, it is found, upon consideration of the facts before this Court, and the
Defendant having disavowed that it has any defenses, claims of exemption and
claims of adequate insurance, nor any plausible counterclaims or set-offs, that
the Plaintiff has shown probable cause that such a judgment will be rendered in

the matter in the Plaintiff's favor in the amount of the prejudgment remedy
sought;
NOW, THEREFORE, it is hereby ORDERED that a prejudgment remedy
against Defendant Jay Bloom and Defendant Matthew Farkas, jointly and
severally, be issued to secure the sum of $750,000 by:
1.

Attaching the assets of each of Jay Bloom and Matthew Farkas and

garnishing property or obligations due from third parties as known to the Plaintiff
or as may be hereafter be identified, including in Defendants’ response to the
Motion to Disclose Assets, to secure the sum of $750,000;
2.

Directing Defendant Jay Bloom to deliver to the Clerk of the Court all

assets wherever located necessary to secure the sum of $750,000 for
preservation pending the final outcome of this action; and
3.

Directing Defendant Matthew Farkas to deliver to the Clerk of the

Court all assets wherever located necessary to secure the sum of $750,000 for
preservation pending the final outcome of this action.

IT IS SO ORDERED.

________/s/______________
Hon. Vanessa L. Bryant
United States District Judge

Dated at Hartford, Connecticut: September 25, 2014