In RE: LLS America LLC (Kriegman v. Stanford Adversary, No. 11-80099-PCW11)
Filing
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ORDER GRANTING 24 APPLICATION TO EXTEND JUDGMENT. Signed by Senior Judge Rosanna Malouf Peterson. (CLP, Case Administrator Team Lead) (Service of Notice on parties not registered as users of the Court CM/ECF system accomplished via USPS mail.)
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FILED IN THE
U.S. DISTRICT COURT
EASTERN DISTRICT OF WASHINGTON
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Nov 18, 2022
SEAN F. MCAVOY, CLERK
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UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF WASHINGTON
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In Re:
LLS AMERICA, LLC
Debtor,
BRUCE P. KRIEGMAN, solely in
his capacity as the court-appointed
Chapter 11 Trustee for LLA America,
LLC,
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NO: 2:12-CV-425-RMP
Bankruptcy Court No. 09-06194
Adv. Proc. No. 11-80105
ORDER GRANTING APPLICATION
TO EXTEND JUDGMENT
Plaintiff,
v.
BARRY STANFORD,
Defendant.
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BEFORE THE COURT is Plaintiff’s Motion to Alter Judgment by Extending
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Judgment, ECF No. 24, and Declaration of Bruce P. Kriegman in Support of said
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Motion, ECF No. 25. No objection has been filed. Having reviewed the record and
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relevant law, the Court is fully informed.
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ORDER GRANTING APPLICATION TO EXTEND JUDGMENT ~ 1
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On December 7, 2012, the Court entered a Default Judgment, ECF No. 21,
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and Judgment in a Civil Action in favor of the Trustee against Defendant, ECF No.
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22. The total judgment was CAD $801,360.00, plus USD $250, with interest equal
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to the weekly average of one-year constant maturity (nominal) treasury yield as
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published by the Federal Reserve System. ECF No. 22. The ten-year period for
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execution upon the judgment will expire on December 7, 2022. Fed. R. Civ. P. 69;
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RCW 6.17.020(1).
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Plaintiff requests that the judgment be extended for an additional ten (10)
years, pursuant to Fed. R. Civ. P. 69 and RCW 6.17.020(3). ECF No. 24 at 2. The
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judgment remains wholly unsatisfied. ECF No. 25 at 3. The Court finds good cause
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exists to extend the judgment for an additional 10 years.
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According, IT IS HEREBY ORDERED:
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1. Plaintiff’s Motion to Alter Judgment by Extending Judgment, ECF No. 24, is
GRANTED.
2. The Judgment previously entered in this matter, ECF No. 22, shall be
AMENDED as follows:
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a. The Judgment is extended for ten (10) years from December 7, 2022.
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b. Interest will continue to accrue at the rate of the weekly average of
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one-year constant maturity (nominal) treasury yield as published by
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the Federal Reserve System.
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ORDER GRANTING APPLICATION TO EXTEND JUDGMENT ~ 2
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c. Pursuant to RCW 6.17.020(3), 4.64.030(2)(a), the following shall be
included on the first page of the amended judgment:
SUMMARY OF EXTENDED JUDGMENT
Judgment Creditor:
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Plaintiff Bruce P. Kriegman solely in his
capacity as the court-appointed Chapter 11
Trustee for LLS America, LLC and the
Liquidating Trustee under the Liquidating
Trust made pursuant to the Chapter 11
Trustee's and Official Committee of
Unsecured Creditor's Second Modified Plan
of Liquidation dated as of November 27,
2012
Attorney for Judgment Creditor:
Witherspoon Kelley
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Judgment Debtor:
Barry Stanford
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Amount Outstanding of Judgment:
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Interest under Judgment:
(12/08/2012 – 10/14/2022)
(.18% for 3,598 days)
$786,258.95 CAD
$
250.00 USD
$ 14,168.08 USD
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Recoverable Costs – Application Fee: $
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New Total Judgment:
$786,258.95 CAD
$ 14,820.08 USD
Interest Rate:
.18% per annum
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402.00 USD
IT IS SO ORDERED. The District Court Clerk is directed to enter this
Order and provide copies to counsel.
DATED November 18, 2022.
s/ Rosanna Malouf Peterson
ROSANNA MALOUF PETERSON
Senior United States District Judge
ORDER GRANTING APPLICATION TO EXTEND JUDGMENT ~ 3
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