Highground Inc. and David Hallin
v
Depository Trust et al, Treaty Energy and Ronald Lee Blackburn
File 12-2028
United States District Court, Easter District of Louisiana
The Complaint filed 8/7/12 alleges Plaintiffs got a 5/19/12 judgment in an adversary proceeding in Bankruptcy Court file 10-1042 against Ronald Lee Blackburn in amounts of $209,950 for Highground and $45,000 against Ronald Lee Blackburn. The claim was based on promissory notes Blackburn gave each of Plaintiffs in 2008.
Plaintiffs (a Texas corporation and Tenessee individual) filed the US District Court suit seeking to enforce the Bankruptcy Court judgment.
Plaintiffs allege the various US District Court defendants including Treaty now or in the future may owe money or property to Blackburn which they hold and which Plaintiffs want the US District Court order be paid to them instead of to Blackburn.
Thus Treaty is a "garnishee Defendant" that has to answer under oath what property it possesses that is owed to Blackburn and will have to comply with whatever order the US District Court enters as to whether such money or property has to be paid to Blackburn.
It's no different than if your credit card got a judgment against you as an individual and now is making your employer account for money your employer owes to you, which your credit card company can have the court order your employer pay to the credit card company instead of to you.
Treaty thus will have some incidental expenses responding to written interrogatories to answer whether it owes Blackburn anything and comply with the court orders, but this is just incidental to doing business and not worth further discussion here.
On August 10 the District Court referred the case to the bankruptcy court for further proceedings.
