Opinion
CV101746 ABC PJWx)
03-10-2022
VELTEX CORPORATION, a Utah corporation Plaintiff, v. JAVEED AZZIZ MATIN, an individual; TANZILA SULTANA, an individual; SAASHA CAMPBELL, an individual; MAZAR HAQUE, an individual; ALLEN E. BENDER, an individual; VELTEX USA, INC., a Delaware corporation; VELTEX APPAREL, INC., a California corporation; VELTEX INDUSTRIES, INC., a Delaware corporation; VELTEX EXPLORER, INC., a Canadian corporation; VELTEX CANADA, INC., a Canadian corporation; WILSHIRE EQUITY, INC. aka WILSHIRE EQUITIES, INC., a Colorado corporation; AMERICAN REGISTRAR & TRANSFER CO., a Utah corporation; PATRICK R. DAY, an individual; RICHARD M. DAY, an individual; MOORE & ASSOCIATES, CHARTERED, a Nevada corporation; MICHAEL J. MOORE, an individual; CHISOLM, BIERWOLF, NILSON & MORRILL, CPA aka CHISHOLM, BIERWOLF & NILSON, LLC, a Utah limited liability company; BRAD B. HAYNES, an individual; ANNE TAHIM, an individual; JAAK U. OLESK, an individual; and CARMINE J. BUA, an individual, Defendants.
Robert J. Lynch, Esq. Matthew A. Slater, Esq. McMAHON LYNCH LAW FIRM, INC. Attorneys at Law Attorneys for Plaintiff, VELTEX CORPORATION.
Robert J. Lynch, Esq. Matthew A. Slater, Esq. McMAHON LYNCH LAW FIRM, INC. Attorneys at Law Attorneys for Plaintiff, VELTEX CORPORATION.
RENEWAL OF JUDGMENT BY CLERK
WHEREAS, a judgment was entered in this action on March 26, 2012 (Docket No. 217) in favor of Plaintiff and judgment creditor VELTEX CORPORATION (“Judgment Creditor”) in the amount of $100,078,621.00 as against Defendants and judgment debtors JAVEED AZZIZ MATIN (“Matin”), TANZILA SULTANA (“Sultana”), MAZHAR HAQUE (“Haque”), VELTEX USA, INC. (“Veltex USA”), VELTEX APPAREL, INC. (“Veltex Apparel”), VELTEX INDUSTRIES, INC. (“Veltex Industries”), MOORE & ASSOCIATES CHARTERED (“Moore & Associates”), MICHAEL J. MOORE (“Moore”) and WILSHIRE EQUITY, INC. aka WILSHIRE EQUITIES, INC. (“Wilshire”) (collectively, “Judgment Debtors”);
WHEREAS, upon declaration of counsel, Judgment Debtors have failed to pay any portion of the judgment and remain indebted to Judgment Creditor for the full principal amount of the judgment plus accrued interest;
WHEREAS, Judgment Creditor has filed an Application for Renewal of the judgment within the statutory ten (10) year period for renewal provided in California Code of Civil Procedure §683.120(a);
THEREFORE, IT IS HEREBY ED that the judgment entered against Judgment Debtors on March 26, 2012 be renewed as to each of them, jointly and severally, and with respect to the money portion of the judgment as follows:
Renewal of Money Judgment:
a. Total Judgment …………………………$100,078,621.00
b. Credits after Judgment ………………… $0.00
c. Subtotal …………………………………$100,078,621.00
d. Interest after Judgment Computed from March 27, 2012 through March 25, 2022 at 0.21% per annum……………………. $2,101,651.04
e. Total Renewed Judgment (Subtotal plus Interest)…………………. $102,180,272.04