Yoram Yehuda dba Malibu Development and Construction v. Arturo Rubinstein, et al.
MOTION TO OFFSET JUDGMENT
MOVING PARTY: Defendants Arturo Rubinstein and Fab Rock Investments, LLC
RESPONDING PARTY(S): Plaintiff Yoram Yehuda dba Malibu Development and Construction
STATEMENT OF MATERIAL FACTS AND/OR PROCEEDINGS:
Plaintiff alleged that he was entitled to reimbursement of his capital contributions pursuant to an oral joint venture agreement by Defendants pertaining to the flipping of real property after the property had been sold for a profit. Plaintiff obtained a judgment at trial against the Defendant for approximately $1.2 Million.
Defendants now move to offset the judgment.
TENTATIVE RULING:
Defendants Arturo Rubenstein and Fab Rock Investments, LLC’s motion to offset judgment is GRANTED. The entire judgment of $1,193,735.68 as of the date of this Order is offset by Defendants’ larger judgment against Plaintiff in the Florida district court action. Accordingly, Defendants are
Hearing Date
December 24, 2019
Type
Other Commercial/Business Tort (not fraud/ breach of contract) (General Jurisdiction)
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Yoram Yehuda dba Malibu Development and Construction v. Arturo Rubinstein, et al.
MOTION TO OFFSET JUDGMENT
MOVING PARTY: Defendants Arturo Rubinstein and Fab Rock Investments, LLC
RESPONDING PARTY(S): Plaintiff Yoram Yehuda dba Malibu Development and Construction
STATEMENT OF MATERIAL FACTS AND/OR PROCEEDINGS:
Plaintiff alleged that he was entitled to reimbursement of his capital contributions pursuant to an oral joint venture agreement by Defendants pertaining to the flipping of real property after the property had been sold for a profit. Plaintiff obtained a judgment at trial against the Defendant for approximately $1.2 Million.
Defendants now move to offset the judgment.
TENTATIVE RULING:
Defendants Arturo Rubenstein and Fab Rock Investments, LLC’s motion to offset judgment is GRANTED. The entire judgment of $1,193,735.68 as of the date of this Order is offset by Defendants’ larger judgment against Plaintiff in the Florida district court action. Accordingly, Defendants are