SUPERIOR COURT OF THE STATE OF CALIFORNIA

FOR THE COUNTY OF LOS ANGELES - CENTRAL DISTRICT

JPMORGAN CHASE BANK, N.A., Plaintiff, vs. JL FURNISHINGS LLC, etc., et al., Defendants.

CASE NO.: 18STCV05588

[TENTATIVE] ORDER RE:

JOINT MOTION TO APPROVE A SETTLEMENT AGREEMENT

Date: July 10, 2020

Time: 8:30 a.m.

Dept. 56

MOVING PARTIES: Douglas P. Wilson, Receiver (“Wilson”) and Cragar Properties, LLC (“Cragar”)

The Court has considered the moving papers. No opposition papers were filed. Pursuant to California Code of Civil Procedure, Section 1005(b), any opposition papers were required to be filed and served at least nine court days prior to the hearing.

BACKGROUND

Plaintiff filed a complaint against Defendants arising out of Defendants’ failure to repay various loans Plaintiff provided to Defendants JL Furnishings, LLC (“JL”), Jeffrey Michael Lazar, and Jeffrey Lazar and Lisa Jacks-Lazar. Plaintiff filed a complaint alleging causes of action for: (1) breach of contract; (2) breac