Pangea Capital Management, LLC v. Lakian
||Pangea Capital Management, LLC
||John R. Lakian
||February 3, 2016
||US District Court for the Southern District of New York
||Foley Square Office
||Lewis A. Kaplan
|Nature of Suit:
|Cause of Action:
||9 U.S.C. § 9
|Jury Demanded By:
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|September 13, 2017
OPINION re: 116 CROSS MOTION Relief Pursuant to CPLR Section 6221 re: 95 MOTION to Enforce Judgment re: 87 Judgment 109 MOTION for Writ of Execution against John R. Lakian filed by John R. Lak ian; 113 MOTION CPLR §6221 Relief filed by Andrea Lakian; 109 MOTION for Writ of Execution against John R. Lakian filed by Pangea Capital Management, LLC. For the foregoing reasons, Pangea's motion fo r a writ of execution [DI 109] is granted to the extent that Pangea is entitled to execute on 37.5 percent less $75,000 of the net sale proceeds previously deposited with the Clerk of Court and denied in all other respects. Andrea's moti on [DI 113] and John's cross-motion [DI 116] also are granted to the extent that Andrea is entitled to a portion of the net sale proceeds of 62.5 percent plus $75,000 and denied in all other respects. The Clerk of Court is instructed to disburse the funds currently in its possession in accordance with the Court's order. SO ORDERED. (Signed by Judge Lewis A. Kaplan on 9/13/2017) (anc)
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