Motion: Motion by Defendant Rune Kraft for Release of Deposited Funds
Tentative Ruling: To Deny the Motion by Defendant Rune Kraft for Release of Deposited Funds This is the latest in a series of multiple motions filed by movant to obtain funds previously deposited into court by Pacific Real Estate Holdings, Inc. Movant is the chairman, sole director, and sole shareholder of Pacific Real Estate Holdings. In prior proceedings, Movant disclaimed any interest in the deposited funds on April 11, 2016. Other third parties affected by the disclaimer of interest have not been properly noticed of the subject motion.
Movant is aware there have been multiple civil actions in this court prosecuted to judgment against Movant and/or Pacific Real Estate Holdings, Inc. Cases include VCU209730 (Oliver v. Kraft), VCU207364 (Mitchell Brown v. Artesia, etc.), VCU217841 Oliver v. Pacific Real Estate Holdings, Inc. (this action), and VCU213991 (Orix Financial v. Oliver).
Movant has not submitted sufficient
Hearing Date
October 11, 2018
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Motion: Motion by Defendant Rune Kraft for Release of Deposited Funds
Tentative Ruling: To Deny the Motion by Defendant Rune Kraft for Release of Deposited Funds This is the latest in a series of multiple motions filed by movant to obtain funds previously deposited into court by Pacific Real Estate Holdings, Inc. Movant is the chairman, sole director, and sole shareholder of Pacific Real Estate Holdings. In prior proceedings, Movant disclaimed any interest in the deposited funds on April 11, 2016. Other third parties affected by the disclaimer of interest have not been properly noticed of the subject motion.
Movant is aware there have been multiple civil actions in this court prosecuted to judgment against Movant and/or Pacific Real Estate Holdings, Inc. Cases include VCU209730 (Oliver v. Kraft), VCU207364 (Mitchell Brown v. Artesia, etc.), VCU217841 Oliver v. Pacific Real Estate Holdings, Inc. (this action), and VCU213991 (Orix Financial v. Oliver).
Movant has not submitted sufficient