Replies to post #22239 on UnderSea Recovery Corporation (UNDR)

[captain53]

True

[WebSlinger]

<< 16 million suit isn't fake and is real! >>

Yes, the court case was real and they won, but how will they collect?

The other company is in Mexico and they have never been able to get in contact with them during the entire 2 years of the court case. Are they still in business? Or did they go bankrupt?

[mick]

Thank You WILLINGLY UnderSea Recovery Corporation v. Madero Holding, S.A. de C.V.

https://www.pacermonitor.com/public/case/26762184/UnderSea_Recovery_Corporation_v_Madero_Holding,_SA_de_CV

Thursday, June 03, 2021
45 1 pgs order Judgment - Default Thu 06/03 2:05 PM
DEFAULT JUDGMENT: Plaintiff Undersea Recovery Corporation, shall recover from the defendant Madero Holdings, S.A. de C.V, damages for breach of contract in the amount of $10,000,000.00, pre-judgement interest in the amount of $5,824,388.97, and attorneys fees and expenses in the amount of $128,391.26. (jkb)

44 13 pgs order Order on Motion for Default Judgment Thu 06/03 1:36 PM
ORDER granting34 Motion for Default Judgment and43 Motion for Default Judgment. The Clerk is DIRECTED to enter judgment in favor of UnderSea as follows: (1) damages for breach of contract in the amount of $10,000,000; (2) pre-judgment interest in the amount of $5,824,388.97; and (3) attorneys fees and expenses in the amount of $128,391.26. Since there are no further claims or issues remaining, the Clerk is further DIRECTED to close this case. Signed by Judge Steven D. Grimberg on 06/03/2021. (jkb)