RE: LLS America LLC (Kriegman v. Schultz et al, Adv. Proc. No. 11-80130-PCW11)

Filing 90

JUDGMENT Against Theodore Schultz and Betty Schultz in favor of Bruce P Kriegman, Liquidating Trustee for LLS America, LLC as consolidated; granting 89 Stipulated MOTION for Entry of Judgment. Signed by Chief Judge Rosanna Malouf Peterson. (PL, Case Administrator)

1
2
3

UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF WASHINGTON

4
5

In Re:
NO: CV-12-6-RMP

6

LLS AMERICA, LLC,
Bankr. Case No. 09-06194-PCW11
Debtor,

7
8
9

BRUCE P. KRIEGMAN, solely in his
capacity as court-appointed Chapter 11
Trustee for LLS America, LLC,

10

Adv. Proc. No. 11-80130-PCW11
JUDGMENT AGAINST THEODORE
SCHULTZ AND BETTY SCHULTZ

Plaintiff,

11

v.

12

THEODORE SCHULTZ,

13

Defendants.

14
15
16

JUDGMENT SUMMARY
1. Judgment Creditor:

Bruce P. Kriegman, Liquidating Trustee for
LLS America, LLC, as consolidated

17
18

2. Attorneys for Judgment
Creditor:

Witherspoon Kelley

19

3. Judgment Debtors:

Theodore and Betty Schultz

20

JUDGMENT AGAINST THEODORE SCHULTZ AND BETTY SCHULTZ ~ 1

1

4. Attorneys for Judgment
Debtors:

Foster Pepper, PLLC

3

5. Judgment Amount
(Principal):

$272,150.00 CAD

4

6. Interest Rate on Judgment:

.13% (28 USC § 1961)

2

5
I.

STIPULATION

6
Plaintiff Bruce P. Kriegman, solely in his capacity as the Trustee under the
7
Liquidating Trust established pursuant to the confirmed Chapter 11 Plan of LLS
8
America, LLC ("Plaintiff"), by and through his undersigned counsel, Theodore
9
and Betty Schultz, jointly and severally (collectively, "Defendants"), by and
10
through their undersigned counsel, pursuant to the terms of their duly executed
11
settlement agreement, stipulate to the entry of judgment against the Defendants,
12
jointly and severally, in favor of Plaintiff in the principal amount of $272,150.00
13
Canadian dollars, with interest accruing thereon at the United Sates Federal
14
judgment rate pursuant to 28 USC § 1961(a), which is currently .13% per annum
15
to be compounded annually.
16
The Defendants further stipulate pursuant to the terms of their duly
17
executed settlement agreement that this is a final, non-appealable judgment and
18
that they have no rights of any kind to appeal this judgment after the entry thereof.
19
The Defendants further covenant and agree that the Judgment shall be fully
20
enforceable in Canada and waive all rights to contest the Judgment on any basis.

JUDGMENT AGAINST THEODORE SCHULTZ AND BETTY SCHULTZ ~ 2

1

Accordingly, the parties’ Stipulated Motion for entry of Judgment, ECF No. 89, is

2

GRANTED.

3

JUDGMENT

4

Based upon the above Stipulation of the parties, IT IS THEREFORE,

5

ORDERED, ADJUDGED AND DECREED that Plaintiff Bruce P. Kriegman,

6

solely in his capacity as the Trustee under the Liquidating Trust established

7

pursuant to the confirmed Chapter 11 Plan of LLS America, LLC, be, and is

8

hereby, awarded judgment against Defendants Theodore and Betty Schultz, jointly

9

and severally, in the principal sum of $272,150.00 Canadian dollars. Interest shall

10

accrue on this judgment at the rate of .13% per annum to be compounded annually

11

pursuant to 28 U.S.C. § 1961.

12

FURTHER ORDERED, ADJUDGED AND DECREED that this judgment

13

is a non-appealable, judgment pursuant to the parties stipulation and the Judgment

14

shall be fully enforceable in Canada and Defendants waive all rights to contest the

15

Judgment on any basis.

16
17
18
19
20

The District Court Executive is hereby directed to enter this Order and to
provide copies to counsel and to any pro se defendants.
DATED this 29th day of April 2014.
s/ Rosanna Malouf Peterson
ROSANNA MALOUF PETERSON
Chief United States District Court Judge

JUDGMENT AGAINST THEODORE SCHULTZ AND BETTY SCHULTZ ~ 3