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HomeMy WebLinkAbout948392V IN THE DISTRICT COURT FOR THE FIRST JUDICIAL DISTRICT STATE OF W'Y'OMING, COUNTY OF LARAMIE 11111 Investment Corporation, a Colorado Corporation, d/b/a/ first lAinancial, Inc., Plaintiff, V. M &M Auto Outlet, a Wyoming Corporation, Defendant. FIL ED JUN 10 2009 GFEI OF it7ig. pj~S,P ORDER GRANTING PLAINTIFF'S MOTION couRr FOR SUMMARY JUDGMENT rhi-IIS MATTER having come before the Court pursuant to the Motion for Summary Judgment filed by Plaintiff Hill Investment Corporation, d/b/a/ First I' i nancial, Inc. ("FFI"), and the Court having received written briefs submitted by the parties and heard oral argument of counsel, Richard D. Bush appearing for Plaintiff and Stephen R. Winship appearing for Defendant, and being fully advised in the premises, hereby rinds that said Motion should be granted. NOW, TIIEREFORE, IT IS HEREBY ORDERED, ADJUDGED AND DECREED that there is no genuine issue as to any material fact and that FFI, as the moving party, is entitled to a judgment against Defendant as a matter of law as follows: 1. That there is a binding and unambiguous contract dated July 22, 2003 ("Contract"), between FFI and Defendant; 2. That the Defendant, through its failure to timely pay the amounts due under the unambiguous terms of the parties' Contract, breached said Contract; 3. , That Defendant's breach of the parties' Contract resulted in damages to RECEIVED 7/20/2009 at 11:53 AM RECEIVING # 948392 BOOK: 727 PAGE: 744 JEANNE WAGNER LINCOLN COUNTY CLERK, I RER, WY O,.`d' 44 Docket No. 171-448 V Plaintiff; 4. That the amount of damages incurred by FFI , as set forth in Exhibit 2(a) to Don Shaw's Affidavit submitted in support of FFI's Motion for Summary Judgment, as a result of Defendant's breach of the parties' Contract is readily ascertainable (i.e. readily computable by a simple mathematical computation) and constitutes a liquidated sum; 5. That the total liquidated amount due FFI in principal and pre judgment interest at the statutory rate of seven percent (7%) per annum is $235,827.21 ($186,766.50 total buyback amount plus $49,060.71pre judgment interest as of January 7, 2009, as set forth in the above mentioned Exhibit 2(a)); plus $3,187.82, which represents the additional amount of pre judgment interest on the above noted liquidated amount from January 7, 2009, through the date of submission of this Order to the Court on April 6, 2009; 6. IT IS THEREFORE HEREBY ORDERED, ADJUDGED AND DECREED that FF.I recover from Defendant a total judgment in the amount of $239,015.03 ($235,827.21 plus $3,187.82); plus post judgment interest thereon at the rate of ten percent (10%) per annum from the date of entry of this judgment. IT IS FURTHER ORDERED that FFI is allowed such writs and processes as may be necessary in the enforcement and collection of this Judgment. DATED this 1 clay of 52009. STATEOF WYOMING COUNTY OF I.ARAMIE, SS CHEYENNE I Gerria E. Bishop, Clerk of the District Court in and for the Courtly of laretnis Wyoming, do hereby certify th,: vrt , n end foregoing s a lull true and coned copy of the on na thereof as the sarrre appears on file or of record in m offi that the some is in full force and effect as of Ut' Witness; my had and seal of said colrt t GER RIE E. Clerk of D' R'X BY BY THE COURT: DISTRICT COURT JUDGE STATE OF WYOMING COUNTY OF LARAMIE, SS CHEYENNL• I Gerria E. Bishop, Clark of the Mi?ct Court in and for the County of Laramie, Wyoming, do heeby cartity tl et Iwllhin end forego ng is a full mm end correct copy at he o he Iff ae 2 the same appears on file or of record In m eMoe and Ihnt the same La in full face and eMeot es of t elctu r.,l Witness my fwd a,d creel of said poul tt ~rtley L GERME E. allamP Clark, rDepq APPROVED AS TO FORM: 0 Stcpher► R. Winship ,47'TORNIs')'FOR DI;FF.ND,4NT ORDER PREPARED BY: David Evans, 115-1660 John A. Coppede,115-2455 Richard D. Bush, 0-2647 HICKEY & EVANS, LL P 11300 Carey Avenue, Ste. 700 Cheyenne, WY 52003-467 (307) 634-1525 (307) 638-7335 (fax) /I 7TORNT)'S FOR PL,IIMIFF