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17-221 - Developers Surety and Indemnity Company v. DKSL, LLC, et al.


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17-221 - Developers Surety and Indemnity Company v. DKSL, LLC, et al.
March 6, 2018
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ORDER GRANTING PLAINTIFF'S MOTION FOR PARTIAL SUMMARY JUDGMENT, ECF NO. 47. Excerpt of Conclusion:"Developers' Motion for Partial Summary Judgment is GRANTED. As requested by Developers, Defendants are (1) enjoined from transferring any other assets to avoid satisfying their obligations under the GIA, and (2) required to post collateral security with Developers (to be clear, not with the court) by March 14, 2018 in the amount of $260,000, which is the amount sought as reserves on the bonds...."IT IS SO ORDERED. Signed by CHIEF JUDGE J. MICHAEL SEABRIGHT on 3/6/2018. (afc) WRITTEN ORDER follows hearing held 2/5/2018. Minutes of hearing: ECF 74. CERTIFICATE OF SERVICEParticipants registered to receive electronic notifications received this document electronically at the e-mail address listed on the Notice of Electronic Filing (NEF). All participants are registered to receive electronic notifications.