Judge: Olivia Rosales, Case: 22NWCV00391, Date: 2022-08-03 Tentative Ruling
Case Number: 22NWCV00391 Hearing Date: August 3, 2022 Dept: SEC
AMUR EQUIPMENT FINANCE, INC. v. INFO CORP.
CASE
NO.: 22NWCV00391
HEARING:
08/03/22
JUDGE: MARGARET M. BERNAL
#3
TENTATIVE
ORDER
Plaintiff
AMUR EQUIPMENT FINANCE, INC. (“Plaintiff”) applies for writs of possession
against Defendants INFO CORP. and JENNIE AERAN PARK (collectively “Defendants”)
pursuant to CCP §512.010.
“On
or about February 27, 2019, Defendant Info Corp., as Lessee, entered into a
written Lease Agreement (the ‘Lease’) with Plaintiff, as Lessor, wherein
Plaintiff leased to Info Corp. the following equipment: 2018 Hansol DPS
MROD-1835 Heat Transfer Calendar Machine 3Phase 200Volt (the ‘Equipment’) as
more specifically described in the Agreement.” (Vanbibber Decl., ¶3.) “On or
about April 1, 2022, Defendant Info Corp. breached the terms of the Agreement
by failing to make the monthly payment required thereunder, and further has
failed to become current in the payments under the Agreement.” (Vanbibber
Decl., ¶5.) “To induce Plaintiff to furnish the above-described Equipment under
the Agreement to Defendant, on or about February 27, 2019, Defendant Park…
executed a Continuing Guaranty of all of Defendant Info Corp.’s obligations
under the Agreement in favor of Plaintiff….” (Vanbibber Decl., ¶10.)
The
property has not been seized pursuant to an execution or attachment.
No
Oppositions have been filed as of August 1, 2022.
Based
on the evidence presented. It is relatively undisputed that Plaintiff’s claim
is valid.
The
balance owed ($67,813.55) is greater than the value
of the Property (as valuated by Plaintiff) ($31,175.00).
Plaintiff is not required to post an undertaking.
The undertaking required by
Defendants for redelivery or to stay delivery is $31,175.00 (CCP §515.020.)