Filed: Oct. 31, 2016
Latest Update: Oct. 31, 2016
Summary: CHARGING ORDER TO MEDALLIC ART CORPORATION JAMES C. MAHAN , District Judge . THIS COURT, having considered Plaintiffs/Judgment Creditors Bradley Stephen Cohen and Cohen Asset Management, Inc.'s Application for Charging Order, and for good cause appearing, this Court finds as follows: 1. Judgment On Jury Verdict was entered on March 1, 2016 in favor of Plaintiffs/Judgment Creditors and against Defendant/Judgment Debtor Ross B. Hansen as follows: Judgment Amount In Favor of
Summary: CHARGING ORDER TO MEDALLIC ART CORPORATION JAMES C. MAHAN , District Judge . THIS COURT, having considered Plaintiffs/Judgment Creditors Bradley Stephen Cohen and Cohen Asset Management, Inc.'s Application for Charging Order, and for good cause appearing, this Court finds as follows: 1. Judgment On Jury Verdict was entered on March 1, 2016 in favor of Plaintiffs/Judgment Creditors and against Defendant/Judgment Debtor Ross B. Hansen as follows: Judgment Amount In Favor of ..
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CHARGING ORDER TO MEDALLIC ART CORPORATION
JAMES C. MAHAN, District Judge.
THIS COURT, having considered Plaintiffs/Judgment Creditors Bradley Stephen Cohen and Cohen Asset Management, Inc.'s Application for Charging Order, and for good cause appearing, this Court finds as follows:
1. Judgment On Jury Verdict was entered on March 1, 2016 in favor of Plaintiffs/Judgment Creditors and against Defendant/Judgment Debtor Ross B. Hansen as follows:
Judgment Amount In Favor of Against
$7,000,000.00 Bradley S. Cohen Ross B. Hansen
$500,000.00 Bradley S. Cohen Ross B. Hansen
$10,000,000.00 Cohen Asset Mgmt Ross B. Hansen
$500,000.00 Cohen Asset Mgmt Ross B. Hansen
$7,000,000.00 Bradley S. Cohen Ross B. Hansen
$500,000.00 Bradley S. Cohen Ross B. Hansen
$25,500,000.00
2. To date, no payments have been made by Defendant/Judgment Debtor Ross B. Hansen on the Judgment against him.
3. As of September 7, 2016, the amount of the Judgment still due and owing against Defendant/Judgment Debtor Ross B. Hansen is as follows:
Judgment Amount Interest from Total Amount In Favor of Against
03/01/16-09/07/16 Due
$7,000,000.00 $20,405.48 $7,020,405.48 Bradley S. Cohen Ross B. Hansen
$500,000.00 $1,457.53 $501,457.53 Bradley S. Cohen Ross B. Hansen
$10,000,000.00 $29,150.68 $10,029,150.68 Cohen Asset Mgmt Ross B. Hansen
$500,000.00 $1,457.53 $501,457.53 Cohen Asset Mgmt Ross B. Hansen
$7,000,000.00 $20,405.48 $7,020,405.48 Bradley S. Cohen Ross B. Hansen
$500,000.00 $1,457.53 $501,457.53 Bradley S. Cohen Ross B. Hansen
Total Due $25,574,334.23
IT IS HEREBY ORDERED that any and all stock in Medallic Art Corporation held by Defendant/Judgment Debtor Ross B. Hansen is hereby charged with the payment of the unsatisfied amount of the Judgment as set forth above.
IT IS FURTHER HEREBY ORDERED that all economic distributions to be directed to Defendant/Judgment Debtor Ross B. Hansen now be directed to Plaintiffs/Judgment Creditors, unless and until Defendant/Judgment Debtor Ross B. Hansen's Judgment amounts, including interest, are paid in full.
