Cohen et al v. Hansen et al

Filing 379

ORDER re 378 Motion for to Charge Membership Interest Pursuant to NRS 86.401. ORDERED that any membership interest in Medallic Art Company LLC held by Judgment Debtor Ross B. Hansen is hereby charged with the payment of the unsatisfied amount as set forth above. FURTHER ORDERED that all economic distributions to be directed to Judgment Debtor shall now be directed to Judgment Creditors, until Judgment Debtor's judgment amounts, including interest are paid in full. Signed by Judge James C. Mahan on 4/26/16. (Copies have been distributed pursuant to the NEF - MMM)

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1 2 3 4 5 Jeremy J. Nork, Esq. (SBN 4017) jnork@hollandhart.com HOLLAND & HART LLP 5441 Kietzke Lane, Second Floor Reno, Nevada 89511 Telephone: (775) 327-3000 Facsimile: (775) 786-6179 Attorneys for Plaintiffs Bradley Stephen Cohen and Cohen Asset Management, Inc. 6 7 THE UNITED STATES DISTRICT COURT 8 FOR THE DISTRICT OF NEVADA HOLLAND & HART LLP 5441 KIETZKE LANE SECOND FLOOR RENO, NV 89511 9 CASE NO.: 2:12-cv-01401-JCM-PAL 10 BRADLEY STEPHEN COHEN, AN INDIVIDUAL; and COHEN ASSET 11 MANAGEMENT, INC., a California corporation, 12 Plaintiffs, 13 vs. 14 ROSS B. HANSEN, an individual; NORTHWEST TERRITORIAL MINT, LLC, 15 a Washington limited liability company; and 16 STEVEN EARL FIREBAUGH, an individual, 17 Defendants. 18 CHARGING ORDER TO MEDALLIC ART COMPANY LLC 19 THIS COURT, having considered Plaintiffs/Judgment Creditors Bradley Stephen 20 Cohen and Cohen Asset Management, Inc.’s (Cohen) Application for Charging Order, and for 21 good cause appearing, this Court finds as follows: 22 1. Judgment on Jury Verdict was entered on March 1, 2016 in favor of Cohen and 23 against Defendants/Judgment Debtors Ross B. Hansen, Northwest Territorial Mint, LLC and 24 Steven Earl Firebaugh as follows: 25 /// 26 /// 27 /// 28 /// 1 1 2 3 4 5 6 7 8 9 10 11 Judgment Amount  $7,000,000.00  $500,000.00  $3,000,000.00  $500,000.00  $100,000.00  $10,000,000.00  $500,000.00  $5,000,000.00  $500,000.00  $100,000.00  $7,000,000.00  $500,000.00  $3,000,000.00  $500,000.00  $100,000.00  $38,300,000.00  In Favor of  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Cohen Asset Management  Cohen Asset Management  Cohen Asset Management  Cohen Asset Management  Cohen Asset Management  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen     Against  Ross B. Hansen  Ross B. Hansen  Northwest Territorial Mint, LLC  Northwest Territorial Mint, LLC  Steven Earl Firebaugh  Ross B. Hansen  Ross B. Hansen  Northwest Territorial Mint, LLC  Northwest Territorial Mint, LLC  Steven Earl Firebaugh  Ross B. Hansen  Ross B. Hansen  Northwest Territorial Mint, LLC  Northwest Territorial Mint, LLC  Steven Earl Firebaugh     HOLLAND & HART LLP 5441 KIETZKE LANE SECOND FLOOR RENO, NV 89511 12 2. To date no payments have been made on the Judgment. 13 3. As of April 16, 2016, the amount of the Judgment still due and owing is as 14 15 16 17 18 19 20 21 22 23 24 25 26 follows: Judgment  Amount  $7,000,000.00 $500,000.00 $3,000,000.00 $500,000.00 $100,000.00 $10,000,000.00 $500,000.00 $5,000,000.00 $500,000.00 $100,000.00 $7,000,000.00 $500,000.00 $3,000,000.00 $500,000.00 $100,000.00 Total Due  Interest from  03/01/16 ‐  04/15/16  $4,940.27 $352.88 $2,117.26 $352.88 $70.58 $7,057.53 $352.88 $3,528.77 $352.88 $70.58 $4,940.27 $352.88 $2,117.26 $352.88 $70.58    Total Amount  Due  In Favor of Against $7,004,940.27 $500,352.88 $3,002,117.26 $500,352.88 $100,070.58 $10,007,057.53 $500,352.88 $5,003,528.77 $500,352.88 $100,070.80 $7,004,940.27 $500,352.88 $3,002,117.26 $500,352.88 $100,070.58 Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Cohen Asset Mgmt  Cohen Asset Mgmt  Cohen Asset Mgmt  Cohen Asset Mgmt  Cohen Asset Mgmt  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen  Bradley S. Cohen     Ross B. Hansen  Ross B. Hansen  Northwest Territorial Mint, LLC  Northwest Territorial Mint, LLC  Steven Earl Firebaugh  Ross B. Hansen  Ross B. Hansen  Northwest Territorial Mint, LLC  Northwest Territorial Mint, LLC  Steven Earl Firebaugh  Ross B. Hansen  Ross B. Hansen  Northwest Territorial Mint, LLC  Northwest Territorial Mint, LLC  Steven Earl Firebaugh     $38,327,030.60  27 28 2 1 IT IS HEREBY ORDERED that any membership in Medallic by Judgment Debtor IT IS HEREBY ORDERED that any membership interestinterest held Art Company LLC 2 Ross by Judgmentis hereby charged with is hereby charged with the payment of theas set forth held B. Hansen Debtor Ross B. Hansen the payment of the unsatisfied amount 3 5 above. unsatisfied amount as set forth above. IT IS FURTHER HEREBY ORDERED that all economic distributions to be directed to IT IS FURTHER HEREBY ORDERED that all economic distributions to be directed to Judgment Debtor shall now be directed to Judgment Creditors, until Judgment Debtor’s 6 Judgment Debtor shall now be directed paid in full. judgment amounts, including interest, isto Judgment Creditors, until Judgment Debtor's 7 DATED this ________ day of are paid in full. judgment amounts, including interest, __________________, 2016. 4 8 9 10 DATED this 26th day of April, 2016. _______________________________________ UNITED STATES DISTRICT JUDGE 11 HOLLAND & HART LLP 5441 KIETZKE LANE SECOND FLOOR RENO, NV 89511 12 ______________________________________ UNITED STATES DISTRICT JUDGE 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3

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