DESIGN BASICS, LLC et al v. KERSTIENS HOMES & DESIGNS INC., et al

Filing 300

ORDER ADOPTING REPORT AND RECOMMENDATION - The Court, having considered the Magistrate Judge's Report and Recommendation, hereby adopts the Magistrate Judge's Report and Recommendation. The Motion to Establish Security Amount is GRANTE D in PART. The Court finds that a security in the amount of $530,998.36 is reasonable under the circumstances. The Court grants the request to approve the security and orders that the execution of judgment and payment of fees and costs are st ayed with security in the amount of $530,998.36 pending appeal in this matter. The obligation of the Plaintiffs and the Garnishee Defendants to provide responses to the written discovery is deemed moot. The proceedings supplemental hearing set April 30, 2020 is VACATED. Signed by Judge Tanya Walton Pratt on 4/28/2020.(NAD)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF INDIANA INDIANAPOLIS DIVISION DESIGN BASICS, LLC, PLAN PROS, INC., PRIME DESIGNS INC., Plaintiffs, v. KERSTIENS HOME & DESIGNS, INC., T-KERSTIENS HOMES CORP., KERSTIENS REALTY, INC., KERSTIENS MANAGEMENT CORP., KERSTIENS LEASING CORP., KERSTIENS HOLDING CORP., KERSTIENS DEVELOPMENT INC., Defendants. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) No. 1:16-cv-00726-TWP-DLP ORDER ADOPTING REPORT AND RECOMMENDATION The Magistrate Judge submitted her Report and Recommendation on the Motion to Establish Security Amount (Dkt. 294). The parties were afforded due opportunity pursuant to statute and the rules of this Court to file objections; none were filed. The Court, having considered the Magistrate Judge’s Report and Recommendation, hereby adopts the Magistrate Judge’s Report and Recommendation. The Motion to Establish Security Amount is GRANTED in PART. The Court finds that a security in the amount of $530,998.36 is reasonable under the circumstances. The Court grants the request to approve the security and orders that the execution of judgment and payment of fees and costs are stayed with security in the amount of $530,998.36 pending appeal in this matter. The obligation of the Plaintiffs and the Garnishee Defendants to provide responses to the written discovery is deemed moot. The proceedings supplemental hearing set April 30, 2020 is VACATED. IT IS SO ORDERED. Date: 4/28/2020 Distribution: John A. Conway SOUTHBANK LEGAL: LADUE CURRAN KUEHN jconway@lck-law.com Mark F. Criniti SOUTHBANK LEGAL: LADUE CURRAN KUEHN mcriniti@lck-law.com Melanie Ann Eich CLEMENTS LEGAL GROUP meich@overhauser.com Paul E. Harold LADUE CURRAN & KUEHN pharold@lck-law.com John David LaDue LADUE CURRAN & KUEHN LLC jladue@lck-law.com Paul B. Overhauser OVERHAUSER LAW OFFICES, LLC poverhauser@overhauser.com Sean Joseph Quinn SOUTHBANK LEGAL: LADUE CURRAN KUEHN squinn@lck-law.com Eric M. Wilkins HUNT SUEDHOFF KALAMAROS ewilkins@hsk-law.com

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