PNC Bank National Association v. Daniel Sadek et al
| PNC Bank National Association |
| MV Nadia, Daniel Sadek and Does |
| 8:2011cv01814 |
| November 22, 2011 |
| U.S. District Court for the Central District of California |
| Jean P Rosenbluth |
| James V. Selna |
| Contract: Marine |
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Filing
35
JUDGMENT by Judge James V. Selna, For good cause, default judgment in the amount of $829,874.78 is entered in favor of Plaintiff PNC and against Defendant Sadek, in personam, and the Defendant Vessel, in rem. Default Judgment in the total amount of $17,235.91 is also hereby entered in favor of Plaintiff PNC and against Defendant Sadek, in personam, and in the total amount of $847,110.69 against the Defendant Sadek, in personam.The Clerk of the Court is Ordered to enter this judgme nt forthwith. IT IS FURTHER ORDERED THAT: 1. The Defendant Vessel shall be sold free of all mortgages, liens and other encumbrances in an admiralty execution sale pursuant to Supplemental Rules for Admiralty or Maritime Claims and Asset Forfeiture Ac tions (Suppl. Rule), Rule E(9)(a) and Local Admiralty Rule E.15. The proceeds of the sale shall be paid into Court to await disbursement upon further order of the Court per Suppl. Rule E(9)(b). If the net proceeds of the Defendant Vessel's sale are less than Plaintiff PNC's judgment herein, PNC will be allowed to seek any deficiency against Defendant Sadek, in personam. 2. The sale shall commence at a time and place designated by the U.S. Marshal for the Central District of California. 3. Plaintiff PNC shall, pursuant to Local Admiralty Rule E.15(a), cause to be published for at least seven days before the date of the sale a notice of the sale of Defendant Vessel in The Orange County Reporter. (See document for further details.) (MD JS-6, Case Terminated). (rla)
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