WHEREAS, by Orders dated and entered on September 30, 2022 (Dkt. No. 1943) and August 23, 2022 (Dkt. No. 1937), the Court granted the unopposed motion of plaintiff Wimbledon Financing Master Fund, Ltd. (“Wimbledon”) for summary judgment against Albert Hallac on the first, second and third causes of action for fraud, the fifth cause of action for breach of fiduciary duty and the sixth cause of action for aiding and abetting breaches of fiduciary duty and determined that an inquest is not necessary because Hallac is jointly and severally liable with Weston Capital
Management LLC (“WCM”) and Weston Capital Asset Management LLC (“WCAM”), against whom there are entered judgments (Dkt No. 1692); WHEREAS, on October 26, 2020, the Clerk of the Court entered a judgment, annexed hereto, in the following amounts in Wimbledon’s favor: (i) against WCM and WCAM, jointly and severally with Jason Galanis and Arie Jan van Roon, in the total amount of $19,908,115.92 (including 9% statutory pre-judgment interest to the date of the judgment); (ii) against WCM and WCAM, jointly and severally with Jason Galanis, in the total amount of $13,360,699.00 (including 9% statutory pre-judgment interest to the date of the judgment); (iii) against WCAM, jointly and severally with Jason Galanis, in the total amount of $1,710,506.02 (including 9% statutory pre- judgment interest to the date of the judgment); and (iv) against WCM and WCAM, jointly and severally with Jason Galanis, punitive damages in the amount of $3,928,022.74; WHEREAS, WCM, WCAM, Arie Jan van Roon and Jason Galanis have not paid the outstanding judgment in whole or in part; IT IS HEREBY ORDERED that the motion by Wimbledon for summary judgment against Hallac is granted, and the Clerk is directed to enter judgment in favor of Wimbledon against defendant Hallac, jointly and severally with WCM and WCAM, in the amount of $34,979,320.94, plus 9% statutory pre-judgment interest from October 27, 2020 to the date the judgment is entered, and $3,928,022.74 in punitive damages.
amended complaint dated September 29, 2017, the notice of motion for a default judgment against Galanis dated October 30, 2018, the affirmation of Michelle A. Rice dated October 30, 2018, and the exhibits thereto, and the affirmation of Christopher D. Johnson dated October 30, 2018, and the exhibits thereto, both in support of the motion, and Galanis having not opposed the motion for a default judgment, and the Court, after due deliberation thereon, having issued an order dated and entered on December 3, 2018, which granted plaintiff Wimbledon's motion for a default judgment against Galanis and referred the matter for a damages inquest to a referee (NYSCEF No. 1537); A damages inquest for all three matters having been assigned to and presided over by Special Referee Charles E. Ramos (the "Special Referee") on September 17, 2019, in which live testimony and exhibits were admitted into evidence; the defendants WCM, WCAM, van Roon and Galanis having not appeared at the damages inquest; and the Special Referee having issued a report on December 10, 2019 awarding compensatory damages, including pre-judgment interest, and punitive damages against defendants WCM, WCAM and Galanis, compensatory damages, including pre-judgment interest against defendant van Roon and RICO treble damages against Galanis (the "Report"); A motion having been duly made by plaintiff Wimbledon, by and through its attorneys Kaplan Rice LLP, to confirm the Report, and the motion having regularly come on to be heard before the Honorable Jennifer Schecter, and upon the notice of motion to confirm dated January 10, 2020, the affirmation of Michelle A. Rice dated January 10, 2020, and the exhibits thereto, in support of the motion, and the defendants WCM, WCAM, van Roon and Galanis, having not appeared nor filed an opposition to the motion, and the Court, after due deliberation thereon, having issued an order dated and entered February 6, 2020, which confirmed the Report in favor of plaintiff Wimbledon, and having issued an order dated and entered February 21, 2020, which ordered the judgments against WCM, WCAM, van Roon and Galanis severed from the action and directed the clerk to enter judgment in plaintiff Wimbledon's favor in the sums of (i) $10,870,174.80, statutory pre-judgment interest calculated through September 17, 2019 in the amount of $7,955,093.02 plus 9% statutory pre-judgment interest from September 18, 2019 to the date judgment is entered, against WCM, WCAM van Roon and Galanis, jointly and severally; (ii) $8,011,996.10, statutory pre-judgment interest calculated through September 17, 2019 in the amount of $4,550,576.38, 9% statutory pre-judgment interest from September 18, 2019 to the date judgment is entered and punitive damages in the amount of$3,928,022.74, against WCM, WCAM and Galanis, jointly and severally; (iii) $963,388.74, statutory pre-judgment interest calculated through September 17, 2019 in the amount of$651,147.92, plus 9% statutory pre-judgment interest from September 18, 2019 to the date judgment is entered, against WCAM and Galanis, jointly and severally; and (iv) $56,646,512.70 in RICO treble damages plus $3,928,022.74 in legal fees and expenses against Galanis, NOW, on motion of Kaplan Rice LLP, attorneys for plaintiff Wimbledon Financing Master Fund, Ltd., it is hereby ADJUDGED that plaintiff Wimbledon Financing Master Fund, Ltd., Elizabethean Square, 80 Shedden Road, George Town, Grand Cayman, Cayman Islands, KY-1104 have judgment and recover from defendant Weston Capital Management LLC and defendant Weston Capital Asset Management LLC, 8665 Falcon Green Drive, West Palm Beach, Florida 33412, defendant Jason Galanis, 1920 Bel Air Road, Los
15 653468 Angeles, California 90077, and defendant Arie Jan van Roon, World Trade Center, Via Lugano 11, 6982 Agno-Lugano, Switzerland, jointly and severally, in the amount of $10,870,174.80, statutory pre-judgment interest calculated through September 17, 2019 in the amount of $7,955,093.02 plus 9% statutory pre-judgment interest from September 18, 2019 to the date X judgment is entered in the amount of$ 1,082,848.10 , for a total sum of$ 19,908,115.92, and plaintiff Wimbledon Financing Master Fund, Ltd. shall have execution therefor; and it is further ADJUDGED that plaintiff Wimbledon Financing Master Fund, Ltd., havejudgment recover from defendant Weston Capital Management LLC, defendant Weston and Capital Asset Management LLC and defendant Jason Galanis,jointly and severally, in the amount of $8,011,996.10, statutory pre-judgment interest calculated through September 17, 2019 in the amount of $4,550,576.38, 9% statutory pre-judgment interest from September 18, and punitive damages X 2019 to the date judgment is entered in the amount of$ 798,126.52 the amount of $3,928,022.74 for a in total sum of $17,288,721.74, and plaintiff Wimbledon Financing Master Fund, Ltd. shall have execution therefor; and it is further ADJUDGED that plaintiff Wimbledon Financing Master Fund, Ltd., havejudgment recover from defendant Weston Capital Asset Management LLC and and in the amount of $963,388.74, statutory defendant Jason Galanis, jointly and severally, pre-judgment interest calculated through September 17, 2019 in the amount of $651,147.92 plus 9% statutory pre-judgment interest from September 18, 2019 to the date judgment is entered X in the amount of $ 95,969.36 , for a total sum of $ 1,710,506.02 , and plaintiff Wimbledon Financing Master Fund, Ltd. shall have execution therefor; and it is further ADJUDGED that plaintiff Wimbledon Financing Master Fund, Ltd., have judgment and recover from defendant Jason Galanis,in the amount of $37,764,341.80 and legal fees and expenses in the amount of $3,928,022.74 for a total sum of $41,692,364.54, and plaintiff Wimbledon X Financing Master Fund, Ltd. shall have execution therefor; and it is further ADJUDGED that plaintiff Wimbledon Financing Master Fund, Ltd., have judgment and recover from defendant Weston Capital Management LLC, defendant Weston Capital Asset Management LLC, defendant Jason Galanis and defendant Arie Jan .van Roon X costs and disbursements, as calculated by the Clerk, in the amount of$ 505.00 and that Wimbledon Financing Master Fund,Ltd.
The undersigned, Michelle A. Rice, an attorney admitted to the practice in the State of New York, subject to the penalties of perjury, affirms that she is an attorney of record for Wimbledon Financing Master Fund, Ltd. (In Official Liquidation) in the above-entitled action and that the following costs and disbursements have been or will necessarily be made or incurred in this action and are reasonable in amount.