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SECURITIES AND EXCHANGE COMMISSION v. GOLDFARB, C 11-00938 WHA. (2012)

Court: District Court, N.D. California Number: infdco20120321e02 Visitors: 11
Filed: Mar. 21, 2012
Latest Update: Mar. 21, 2012
Summary: ORDER REQUIRING IMMEDIATE PAYMENT WILLIAM ALSUP, District Judge. Pursuant to the judgment entered on March 16, 2011, defendants Lawrence Goldfarb and Baystar Capital Management, LLC, were ordered to pay $14,079,787, in five installments according to the schedule set forth in the judgment (Dkt. No. 21 at 4). Defendants have failed to pay on the following installments: (1) $1,025,000, plus post-judgment interest was due September 12, 2011 and (2) $12,974,787, plus post-judgment interest was due
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ORDER REQUIRING IMMEDIATE PAYMENT

WILLIAM ALSUP, District Judge.

Pursuant to the judgment entered on March 16, 2011, defendants Lawrence Goldfarb and Baystar Capital Management, LLC, were ordered to pay $14,079,787, in five installments according to the schedule set forth in the judgment (Dkt. No. 21 at 4). Defendants have failed to pay on the following installments: (1) $1,025,000, plus post-judgment interest was due September 12, 2011 and (2) $12,974,787, plus post-judgment interest was due March 15, 2012. Defendant Goldfarb was ordered to pay an additional $130,00, plus post-judgment interest due on March 15, 2012. He has failed to make this payment.

Payment is overdue. The defendants shall make payments in full immediately.

IT IS SO ORDERED.

Source:  Leagle

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