In Re: LLS America LLC - Kriegman v. Szalay) BK Adv Proceeding No 11-80097-PCW11

Filing 65

STIPULATED JUDGMENT AGAINST DEFENDANT 377897 BC LTD; in favor of Bruce P. Kriegman. Signed by Chief Judge Rosanna Malouf Peterson. (CC, Case Administrator)

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UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF WASHINGTON

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In Re:
NO: CV-13-11-RMP

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

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

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Plaintiff,

Adv. Proc. No. 11-80097-PCW11
STIPULATED JUDGMENT
AGAINST DEFENDANT 377897 BC,
LTD

v.
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MOHSEN BAGHERIAN, et al.,
Defendants.

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JUDGMENT SUMMARY
1. Judgment Creditor:

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

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2. Attorneys for Judgment
Creditor:

Witherspoon Kelley

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3. Judgment Debtor:

377897 BC, LTD.

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4. Attorneys for Judgment
Debtor:

Foster Pepper, PLLC

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5. Judgment Amount
(Principal):

$550,000.00 CAD

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6. Interest Rate on Judgment:

.09% (28 U.S.C. § 1961)

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I.

STIPULATION

Plaintiff Bruce P. Kriegman, solely in his capacity as the Trustee under the
Liquidating Trust established pursuant to the confirmed Chapter 11 Plan of LLS
America, LLC (“Plaintiff”), by and through his undersigned counsel, and 377897
BC, Ltd. (“Defendant”), by and through its undersigned counsel, pursuant to the
terms of their duly executed settlement agreement, stipulate to the entry of
judgment against Defendant in favor of Plaintiff in the principal amount of
$550,000.00 in Canadian dollars, with interest accruing thereon at the United
States Federal judgment rate pursuant to 28 U.S.C. § 1961(a), which is currently
.09% per annum, to be compounded annually.
Defendant further stipulates pursuant to the terms of its duly executed
settlement agreement that this is a final, non-appealable judgment and that it has
no rights of any kind to appeal this judgment after it is entered. Defendant further

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covenants and agrees that the Judgment shall be fully enforceable in Canada and

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waives all rights to contest the Judgment on any basis.

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Stipulated this 30th day of May, 2014.
WITHERSPOON KELLEY

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/s/ Shelley N. Ripley
Shelley N. Ripley, WSBA No. 28901
Attorneys for Plaintiff

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FOSTER PEPPER, PLLC

377897 BC, LTD.

s/ Dillon Jackson
Dillon Jackson, WSBA No. 1539
Attorneys for Defendant

By: s/ Murray Johns
MURRAY JOHNS, President

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II.

JUDGMENT

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Based upon the above Stipulation of the parties, IT IS HEREBY ORDERED
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that Plaintiff Bruce P. Kriegman, solely in his capacity as the Trustee under the
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Liquidating Trust established pursuant to the confirmed Chapter 11 Plan of LLS
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America, LLC, is awarded judgment against Defendant 377897 BC, Ltd., in the
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principal sum of $550,000.00 in Canadian dollars. Interest shall accrue on this
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judgment at the rate of .09% per annum, to be compounded annually, pursuant to
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28 U.S.C. § 1961.
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It is further ordered that this Judgment is non-appealable pursuant to the

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parties’ stipulation, the Judgment shall be fully enforceable in Canada, and

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Defendant waives all rights to contest the Judgment on any basis.

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IT IS SO ORDERED.

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The District Court Clerk is hereby directed to enter this Judgment and to

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provide copies to counsel.
DATED this 10th day of July 2014.

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s/ Rosanna Malouf Peterson
ROSANNA MALOUF PETERSON
Chief United States District Court Judge

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