This document is a proposed order in a court case between Quality Investment Fund, Malta 1, Ltd., Quality Investment Fund and Martin Schuermann. The order grants the plaintiffs' motion for entry of default judgment against defendant Martin Schuermann. It awards the plaintiffs compensatory damages, restitution, pre-judgment interest and post-judgment interest. The judge's signature at the bottom indicates this order has not yet been signed and entered.
Original Description:
USDC Doc# 45-17 (Proposed) Order Granting Motion for Entry of Default Judgment
Original Title
USDC Doc# 45-17 (Proposed) Order Granting Motion for Entry of Default Judgment
This document is a proposed order in a court case between Quality Investment Fund, Malta 1, Ltd., Quality Investment Fund and Martin Schuermann. The order grants the plaintiffs' motion for entry of default judgment against defendant Martin Schuermann. It awards the plaintiffs compensatory damages, restitution, pre-judgment interest and post-judgment interest. The judge's signature at the bottom indicates this order has not yet been signed and entered.
This document is a proposed order in a court case between Quality Investment Fund, Malta 1, Ltd., Quality Investment Fund and Martin Schuermann. The order grants the plaintiffs' motion for entry of default judgment against defendant Martin Schuermann. It awards the plaintiffs compensatory damages, restitution, pre-judgment interest and post-judgment interest. The judge's signature at the bottom indicates this order has not yet been signed and entered.
Case 2:16-cv-05720-TJH-JEM Document 45-17 Filed 01/29/19 Page 1 of 2 Page ID #:579
1 Jason de Bretteville, State Bar No. 195069
2 jdebretteville@sycr.com Sheila Mojtehedi, State Bar No. 313002 3 smojtehedi@sycr.com 4 Stradling Yocca Carlson & Rauth, P.C. 660 Newport Center Drive, Suite 1600 5 Newport Beach, CA 92660-6422 6 Telephone: (949) 725-4000 Facsimile: (949) 725-4100 7 8 Attorneys for Plaintiffs QUALITY INVESTMENT FUND, MALTA 1, LTD., 9 and QUALITY INVESTMENT FUND 10 UNITED STATES DISTRICT COURT 11 CENTRAL DISTRICT OF CALIFORNIA 12 WESTERN DIVISION 13 QUALITY INVESTMENT FUND, CASE NO. 2:16-cv-05720-TJH-JEM 14 MALTA 1, LTD., a Malta Company, and QUALITY INVESTMENT Hon. Terry Hatter Jr. 15 FUND, a Malta Company, 16 [PROPOSED] Order Granting Motion Plaintiffs, For Entry Of Default Judgment Against 17 Defendant Martin Schuermann vs. 18 19 MARTIN SCHUERMANN, an individual, and VISION 20 DATE: February 4, 2019 INDUSTRIES CORP. dba VISION 21 MOTOR CORPORATION, a TIME: UNDER SUBMISSION Florida corporation, 22 Defendants. 23 24 25 26 27 28 S TRADLING Y OCCA C ARLSON & R AUTH -1- CASE NO. 2:16-cv-05720 LAWYERS N E W P O R T B E AC H [PROPOSED] ORDER 4810-7236-5702v1/103257-0002 Case 2:16-cv-05720-TJH-JEM Document 45-17 Filed 01/29/19 Page 2 of 2 Page ID #:580
1 Upon consideration of plaintiffs Quality Investment Fund, Malta 1, Ltd. and
2 Quality Investment Fund’s (“Plaintiffs”) Motion for Entry of Default Against Martin 3 Schuermann, the declarations of Sheila Mojtehedi and Paolo Bruckner, and good 4 cause having been shown: 5 IT IS HEREBY ORDERED that Plaintiffs Motion is GRANTED. Plaintiffs 6 are awarded judgment against Schuermann as follows: 7 $2,370,000 in compensatory damages / restitution to Quality 8 Investment Fund, Malta 1, Ltd.; 9 $1,350,696 in compensatory damages / restitution to Quality 10 Investment Fund; 11 Pre-judgment interest in the amount of $414,750 to Quality Investment 12 Fund, Malta 1, Ltd.; 13 Pre-judgment interest in the amount of $236,371.8 to Quality 14 Investment Fund; 15 And post judgment interest pursuant to 28 U.S.C. § 1961 at a rate equal 16 to the weekly average 1-year constant maturity Treasury yield, as 17 published by the Board of Governors of the Federal Reserve System, 18 for the calendar week preceding the date of the judgment. 19 20 IT IS SO ORDERED. 21 22 Dated: 23 Honorable Judge Terry J. Hatter, Jr. 24 25 26 27 28 S TRADLING Y OCCA C ARLSON & R AUTH -2- CASE NO. 2:16-cv-05720 LAWYERS N E W P O R T B E AC H [PROPOSED] ORDER 4810-7236-5702v1/103257-0002