UPS CAPITAL CORPORATION v. CARPARTSDEPOT, INC., 2:14-cv-07767-SS. (2016)
Court: District Court, C.D. California
Number: infdco20160428712
Visitors: 3
Filed: Apr. 19, 2016
Latest Update: Apr. 19, 2016
Summary: JUDGMENT FOR DAMAGES SUZANNE H. SEGAL , Magistrate Judge . EXHIBIT "A" Pursuant to the "Stipulation Regarding Settlement Of Lawsuit And Entry Of Judgment" (hereinafter the "Stipulation") of the parties to this lawsuit, which has been filed in this action; the Plaintiff UPS Capital Corporation (the "Plaintiff") having submitted to the Court a Declaration under penalty of perjury setting forth an "event of default" under the Stipulation; the Defendant Carpartsdepot, Inc. (the "Defendant") h
Summary: JUDGMENT FOR DAMAGES SUZANNE H. SEGAL , Magistrate Judge . EXHIBIT "A" Pursuant to the "Stipulation Regarding Settlement Of Lawsuit And Entry Of Judgment" (hereinafter the "Stipulation") of the parties to this lawsuit, which has been filed in this action; the Plaintiff UPS Capital Corporation (the "Plaintiff") having submitted to the Court a Declaration under penalty of perjury setting forth an "event of default" under the Stipulation; the Defendant Carpartsdepot, Inc. (the "Defendant") ha..
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JUDGMENT FOR DAMAGES
SUZANNE H. SEGAL, Magistrate Judge.
EXHIBIT "A"
Pursuant to the "Stipulation Regarding Settlement Of Lawsuit And Entry Of Judgment" (hereinafter the "Stipulation") of the parties to this lawsuit, which has been filed in this action; the Plaintiff UPS Capital Corporation (the "Plaintiff") having submitted to the Court a Declaration under penalty of perjury setting forth an "event of default" under the Stipulation; the Defendant Carpartsdepot, Inc. (the "Defendant") having been provided with written notice of the occurrence of the "event of default" as provided in the Stipulation; the Defendant having failed to timely cure the "event of default" as provided in the Stipulation; the Stipulation having provided that this Judgment shall be entered by the Court if the Defendant fails to cure the "event of default"; the Court being fully advised in the premises; and, good cause appearing therefor:
IT IS HEREBY ORDERED, ADJUDGED AND DECREED that the Plaintiff shall recover from the Defendant damages in the following amount:
$500,000.00 Damages
<-$> Minus Credit for Installment Payments Made
$ TOTAL JUDGMENT
This sum represents the Judgment agreed to by the parties pursuant to the terms of the Stipulation. This sum shall bear interest at the legal rate of ten percent (10%) per annum until paid in full.
Source: Leagle