Q Lotus Holdings Inc. (fka QLTS)

[jhnvtjll]

DEFAULT JUDGMENT in favor of Goldstein Family Partnership, LP against Gary A. Rosenberg Trust, Q Lotus Holdings, Inc. in the amount of $10,616,561.59. It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Order dated May 3, 2018, and for the reasons stated on the record during the show cause hearing on May 3, 2018, Plaintiff's motion for a default judgment against Defendants Q Lotus Holdings Inc. and the Gary A. Rosenberg Trust is GRANTED; judgment is entered in favor of Plaintiff and against Defendant Q Lotus Holdings Inc. in the principal sum of $10,266,561.59 plus post-judgment interest at the rate of 18% per annum, as provided for in the promissory note executed by Q Lotus, Inc. and guaranteed by Q Lotus Holdings Inc. Judgment is also entered in favor of Plaintiff and against Defendant Gary A. Rosenberg Trust, under the Will of Ben J. Rosenberg dated August 28, 1978, in the principal sum of $350,000; accordingly, the case is closed. (Signed by Clerk of Court Ruby Krajick on 5/4/2018)(km)

https://www.pacermonitor.com/public/case/23008708/Goldstein_Family_Partnership,_LP_v_Q_Lotus,_Inc_et_al