Magnolia Financial Group LLC v. Antos et al

Filing 359

FINAL JUDGMENT: Judgment is rendered in favor of Magnolia Financial Group, LLC and against the defendants, Kenneth Antos, David Becklean and KCI Investments, LLC, in solido, in the amount of $2,947,518.81. Of the $2,947,518.81, this Court issues judgment in the amount of $931,500.00, plus judicial interest as provided by law from date of demand until paid, in favor of Magnolia Financial Group, LLC and against Kenneth Antos. Plaintiff Magnolia Financial Group, L.L.C. is entitled to a fee award in the amount of $363,063.95. Signed by Judge Jane Triche Milazzo.(ecm)

UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF LOUISIANA
MAGNOLIA FINANCIAL GROUP

CIVIL ACTION

VERSUS

NO: 15-7144

KENNETH ANTOS, ET AL

SECTION “H”

FINAL JUDGMENT
IT IS ORDERED, ADJUDGED, and DECREED that:
1. The Notes entered into by and between Antos, Becklean and KCI are
valid and enforceable per their terms and as outlined in ECF 25 and ECF
220;
2. There was default under the Notes by Becklean, Antos and KCI by at
least October 21, 2015 as outlined in ECF 220 due to lack of payment by
the debtors;
3. Judgment is rendered in favor of Magnolia Financial Group, LLC and
against the defendants, Kenneth Antos, David Becklean and KCI
Investments, LLC, in solido, in the amount of $2,947,518.81, as of June
13, 2016, together with legal interest as provided by law from date of

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demand until paid as previously determined by order of the court in ECF
220;
4. Of the $2,947,518.81, this Court issues judgment in the amount of
$931,500.00, plus judicial interest as provided by law from date of
demand until paid, in favor of Magnolia Financial Group, LLC and
against Kenneth Antos for fraud based on Antos’s willful and intentional
acts in denying and depriving Magnolia Financial Group, LLC payments
due under the settlement agreement and in Antos directing such funds
to entities other than Magnolia Financial Group with the intent to use
the funds for his own or his family’s benefit, as set forth in the findings
of fact and conclusions of law previously entered in this matter at ECF
351.
5. Plaintiff Magnolia Financial Group, L.L.C. is entitled to a fee award in
the amount of $363,063.95

New Orleans, Louisiana this 26th day of June, 2019.

____________________________________
JANE TRICHE MILAZZO
UNITED STATES DISTRICT JUDGE
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