Giganews, Inc. et al v. Perfect 10, Inc. et al
| Giganews, Inc. and Livewire Services, Inc. |
| Does, Perfect 10, Inc. and Norman Zada |
| 2:2017cv05075 |
| July 10, 2017 |
| US District Court for the Central District of California |
| Andre Birotte |
| Jean P. Rosenbluth |
| Other |
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Filing
266
FINAL JUDGMENT by Judge Andre Birotte Jr.: The Court now issues its final judgment as follows: (1) Plaintiffs Giganews, Inc. and Livewire Services, Inc. are entitled to judgment against both defendants Perfect 10, Inc., and Norman Zada, jointly and s everally, on the plaintiffs' first cause of action for actual fraudulent transfer in the amount of $454,000.00 in compensatory damages and $746,000.00 in punitive damages. (2) Plaintiffs are further entitled to prejudgment interest fro m both defendants, jointly and severally, at seven percent per annum pursuant to Cal. Civil Code Section 3287(a) and Cal. Const. art. XV Section 1 on the compensatory damages ($454,000) from 5/13/2015, to the date the jury entered its verdict, 4 /3/2019, for an additional amount of $123,712.26 ($87.06 per day for 1,421 days). (3) Plaintiffs are also entitled to prejudgment interest from both defendants, jointly and severally, on the entire award ($1,200,000.00, including compe nsatory and punitive damages) from the date of the verdict, 4/3/2019, to the date the Court enters this final judgment. This amounts to $230.13 per day for 174 days, totaling an additional $40,042.62. (4) Defendants are entitled to judgment on the plaintiffs' second and third causes of action for constructive fraudulent transfer and for transfer of property without transfer of possession. (5) The Court will address costs in accordance with Fed. R. Civ. P. 54(d)(1) and Civ. L.R. 54-1. (6) Plaintiffs are also entitled to postjudgment interest from the date of this Judgment, at the prevailing federal rate. (MD JS-6, Case Terminated). (gk)
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Filing
44
STIPULATED PROTECTIVE ORDER by Magistrate Judge Jean P. Rosenbluth re Stipulation for Protective Order 41 . (See Order for details) [Note Changes Made By The Court]. (bem)
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