Salvatore LaMonica et al. v. Lynn Tilton et al

Filing 11

JUDGMENT. It is hereby:ORDERED, ADJUDGED and DECREED, that judgment is hereby entered in favor ofPlaintiff-Trustee and against Defendant Lynn Tilton, in the amount of $38,200,000.00; and post-judgmentinterest shall accrue thereon at the rate pr escribed by 28 U.S.C. § 1961 ; and it is further ORDERED, ADJUDGED and DECREED, that Plaintiff-Trustee shall be entitled only to a single satisfaction on his respective judgments against Defendant Lynn Tilton, Patriarch Partners Agency Services, LLC, Transcendence Transit, Inc. and Transcendence Transit II, Inc. (Signed by Judge Lewis A. Kaplan on 10/5/21) (yv)

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Case 1:20-cv-06523-LAK Document 10 Filed 10/04/21 Page 1 of 2
Case 1:20-cv-06523-LAK Document 11 Filed 10/06/21 Page of 2

UNITED ST A TES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
In re:

ffus1~C/SDNY
DOCUMENT
E LECTR ON JCALLY FILE D

TRANSCARE CORPORATION, et al.,
Debtors.
SALVATORE LAMONICA, as Chapter 7 Trustee of the
Jointly-Administered Estates of TransCare Corporation,
et al.,
Plaintiff,

20-cv-06523 (LAK)
(Ban1cr. Case No . 16-10407 (SMB))
(Adv. Proc. No. 18-1021 (SMB))

- against -

JUDGMENT
LYNN TILTON, PATRIARCH PARTNERS AGENCY
SERVICES , LLC, PATRIARCH PARTNERS, LLC,
PATRIARCH PARTNERS MANAGEMENT GROUP,
LLC, ARK II CLO 2001-1 LIMITED, TRANSCENDENCE
TRANSIT, INC. and TRANSCENDENCE TRANSIT II,
INC. ,
Defendants.
This matter having come before this Court on the Proposed Findings of Fact and
Conclusions of Law, made July 6, 2020 by the Bankruptcy Court [Dkt. 1]; and the Bankruptcy
Court having previously entered judgment in favor of Plaintiff Salvatore LaMonica, as Chapter 7
Trustee of the Jointly-Administered Estates of TransCare Corporation, et al. ("Plaintiff-Trustee")
and against Defendants Patriarch Partners Agency Services, LLC, Transcendence Transit, Inc. and
Transcendence Transit II, Inc., jointly and severally, in the amount of $45,225 ,523.29, plus postjudgment interest at the rate prescribed by 28 U.S .C. § 1961 [Adv. Proc. No . 18-1021, Dkt. 141];
now, therefore, for the reasons set forth in the Memorandum Opinion, entered September 29, 2021
[Dkt. 9] , it is hereby:
ORDERED, ADJUDGED and DECREED, that judgment is hereby entered in favor of
Plaintiff-Trustee and against Defendant Lynn Tilton, in the amount of $38,200,000.00; and postjudgment interest shall accrue thereon at the rate prescribed by 28 U.S .C. § 1961 ; and it is further

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Case 1:20-cv-06523-LAK Document 10 Filed 10/04/21 Page 2 of 2
Case 1:20-cv-06523-LAK Document 11 Filed 10/06/21 Page of

ORDERED, ADJUDGED and DECREED, that Plaintiff-Trustee shall be entitled only to a
single satisfaction on his respective judgments against Defendantsp Lynn Tilton, Patriarch Partners

Dated: October

f',

2021