Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_99-cv-03073/USCOURTS-cand-3_99-cv-03073-48/pdf.json

Nature of Suit Code: 290
Nature of Suit: Other Real Property Actions
Cause of Action: 28:1332 Diversity-Fraud

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[PROPOSED] AMENDED ORDER REGARDING PROPERTY SALE AND SALE PROCEEDS 

Case No. C99-3073 MMC (EDL) 1

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STAN G. ROMAN (SBN 87652) sroman@kksrr.com

TRACY M. CLEMENTS (SBN 184150) tclements@kksrr.com

MICHAEL D. LISI (SBN 196974) mlisi@kksrr.com

KRIEG, KELLER, SLOAN, REILLEY & ROMAN LLP 

114 Sansome Street, 4th Floor 

San Francisco, CA 94104 

Telephone: (415) 249-8330 

Facsimile: (415) 249-8333 

Attorneys for Defendants 

PETER KIRITCHENKO, IZABELLA KIRITCHENKO, 

and LUDMILLA KIRITCHENKO 

UNITED STATES DISTRICT COURT 

FOR THE NORTHERN DISTRICT OF CALIFORNIA 

(SAN FRANCISCO DIVISION) 

UNIVERSAL TRADING & INVESTMENT 

CO., Plaintiff, 

 v. 

PETRO MIKOLAYEVICH KIRITCHENKO, et 

al., 

 Defendants. 

 Case No.: C99-3073 MMC (EDL) 

[PROPOSED] AMENDED ORDER 

REGARDING PROPERTY SALE AND 

SALE PROCEEDS 

ORDER

Defendant’s Motion to Release Attachment on the property at 1901 Jackson Street No. 1, San 

Francisco, California (Assessor’s Parcel Nos. 5-601-21) came on for hearing on April 3, 2007, the 

Honorable Elizabeth D. Laporte presiding. John Aspelin appeared on behalf of Plaintiff Universal 

Trading & Investment Company, and Michael D. Lisi appeared on behalf of Defendant Peter 

Kiritchenko. Having considered the papers submitted in support of and opposition to the Motion, 

the arguments of counsel, and good cause appearing, the Court enters the following ORDERS as 

follows: 

1. The Motion with respect to the proposed modification of the Wilshire Property Trust 

is hereby GRANTED. The trustee of First Bank trust account number 43-008-01-3 (the trust holding 

Case 3:99-cv-03073-MMC Document 1287 Filed 04/04/2007 Page 1 of 3
 Case 3:99-cv-03073-MMC Document 1290 Filed 04/05/07 Page 1 of 3
[PROPOSED] AMENDED ORDER REGARDING PROPERTY SALE AND SALE PROCEEDS 

Case No. C99-3073 MMC (EDL) 2 

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the sales proceeds from 10727 Wilshire Boulevard, Unit 1502, Los Angeles, California) shall be 

permitted to pay quarterly and annual taxes related to that trust, as well as reasonable fees to a 

certified public accountant in connection with the preparation of such tax returns. This amendment 

shall apply retroactively to the opening of the Trust. 

2. It is further ORDERED that Defendant shall have a continuing obligation during the 

course of this litigation to provide Plaintiff with account statements for the Wilshire Property Trust, 

as well as the trust in connection with the proceeds from the sale of 1901 Jackson Street No. 2, San 

Francisco, California. 

3. Except as provided above, the Motion with respect to the attachment on 1901 Jackson 

Street No. 1, San Francisco, California, Assessor’s Parcel Nos. 5-601-21 (“the Property”) is hereby 

CONTINUED subject to the following conditions: 

a. No later than April 5, 2007, Defendant shall file with the Court a copy of the 

appraisal of the Property that Defendant is now obtaining (“Defendant’s 

Appraisal”); 

b. Defendant shall also provide Plaintiff’s counsel a copy of Defendant’s Appraisal, 

including the identity of the entity or person who performed the appraisal, and 

shall disclose the terms and conditions of the sale, including any fees or 

commissions to be paid out of the sales proceeds; 

c. The parties shall meet and confer as soon as possible to address any concerns or 

questions that Plaintiff may have regarding Defendant’s Appraisal. If Plaintiff 

has a good faith basis for believing that Defendant’s Appraisal is objectionable, 

and the parties cannot resolve Plaintiff’s concerns during the meet and confer, 

Plaintiff may, by no later than April 12, 2007, file objections to Defendant’s 

Appraisal and/or obtain and file with the Court its own appraisal of the Property 

(“Plaintiff’s Appraisal”); and in the event Plaintiff seeks its own appraisal, 

Defendant shall cooperate in permitting Plaintiff’s appraiser to inspect the 

Property; 

d. If Plaintiff has no objection to Defendant’s Appraisal, Plaintiff shall file a notice 

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 Case 3:99-cv-03073-MMC Document 1290 Filed 04/05/07 Page 2 of 3
[PROPOSED] AMENDED ORDER REGARDING PROPERTY SALE AND SALE PROCEEDS 

Case No. C99-3073 MMC (EDL) 3 

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of non-objection with the Court as soon as possible. 

4. Following submission of any objections and/or Plaintiff’s Appraisal, the Court shall 

review the appraisal(s) of the Property and issue a further Order regarding Defendant’s Motion to 

Release the Attachment. 

 IT IS SO ORDERED. 

Dated: _________________, 2007 ___________________________________________ 

THE HON. ELIZABETH D. LAPORTE 

UNITED STATES MAGISTRATE JUDGE 

Case 3:99-cv-03073-MMC Document 1287 Filed 04/04/2007 Page 3 of 3

April 5

U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge Elizabeth D. Laporte

Case 3:99-cv-03073-MMC Document 1290 Filed 04/05/07 Page 3 of 3