Liu Aifang et al v. Velocity VIII Limited Partnership et al, No. 2:2014cv07060 - Document 299 (C.D. Cal. 2016)

Court Description: FINAL JUDGMENT by Judge S. James Otero. IT IS HEREBY ORDERED AND ADJUDGED THAT Plaintiffs are awarded a monetary judgment against Defendants jointly and severally in the sum of $8,000,000. FURTHER ORDERED AND ADJUDGED THAT, pursuant to Californi a Civil Code section 3287(a), Plaintiffs shall recover froM Defendants jointly and severally pre-judgment interest at a rate of seven percent per annum, which shall accrue from 10/9/2015 until thedate of entry of Final Judgment. FURTHER ORDERED AND ADJUDGED THAT, pursuant to 28 USC section 1961(a), the total amount of this judgment shall bear post-judgment interest at a rate of 0.60 percent from the date of entry of Final Judgment. (MD JS-6, Case Terminated). (jp)

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Liu Aifang et al v. Velocity VIII Limited Partnership et al Doc. 299 1 2 3 September 26, 2016. 4 JS-6 5 6 7 8 UNITED STATES DISTRICT COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 11 12 LIU AIFANG, ET AL., Case No. 2:14-07060-SJO-MRWx 13 Plaintiffs, FINAL JUDGMENT 14 vs. 15 VELOCITY VIII L.P., et al., 16 Defendants. 17 18 FINAL JUDGMENT 19 Upon review of the court files, the applications for default judgment, the declarations 20 submitted in support of the default judgment, and the evidence presented having been fully 21 considered, it is hereby ordered and adjudged that Plaintiffs Liu Aifang, Jin Bixia, Su Yan, Zhu 22 Jingbo, Xu Jing, Gao Jinliang, Gou Xiaoye, Wang Hongmei, Xin Bin, Tan Yanting, Tao Qing, Lu 23 Tsui-Hua, Chen Xiaoyan, Chen Jianxiu, Zhou Jun, and Xian Hao ("Plaintiffs") shall have 24 JUDGMENT in their favor and against defaulting Defendants Velocity VIII L.P., REO Group 25 Properties, LLC, Wendy Ko, Ning-Lee Ko, and Y&C Builder Inc. (collectively, "Defendants"), jointly 26 and severally, as follows: 27 IT IS HEREBY ORDERED AND ADJUDGED THAT Plaintiffs are awarded a monetary 28 judgment against Defendants jointly and severally in the sum of $8,000,000. Dockets.Justia.com 1 IT IS HEREBY FURTHER ORDERED AND ADJUDGED THAT, pursuant to California Civil 2 Code section 3287(a), Plaintiffs shall recover froM Defendants jointly and severally pre-judgment 3 interest at a rate of seven percent per annum, which shall accrue from October 9, 2015 until the 4 date of entry of Final Judgment. 5 IT IS HEREBY FURTHER ORDERED AND ADJUDGED THAT, pursuant to 28 U.S.C. 6 section 1961(a), the total amount of this judgment shall bear post-judgment interest at a rate of 7 0.60 percent from the date of entry of Final Judgment. 8 9 IT IS SO ORDERED. 10 11 Dated: September 26, 2016 S. JAMES OTERO UNITED STATES DISTRICT JUDGE 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2

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