Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_03-cv-00539/USCOURTS-cand-3_03-cv-00539-0/pdf.json

Nature of Suit Code: 470
Nature of Suit: Civil (Rico)
Cause of Action: 18:1961 Racketeering (RICO) Act

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United States District Court

For the Northern District of California

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IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

GEORGE MURPHY, an individual; DUX

CAPITAL MANAGEMENT

CORPORATION, a Bahamas corporation;

JERRY DAVIS, an individual, on their own

behalf and as interim assignees and as

representative shareholders asserting claims of

LONG LIFE NOODLE COMPANY, INC., a

California corporation,

Plaintiff,

 v.

YAGEO CORPORATION, a Taiwan

corporation; YAGEO HOLDING

(BERMUDA) LIMITED, a Bermuda

corporation; REXTRON INTERNATIONAL

LIMITED, a British Virgin Islands corporation,

a.k.a. and/or d.b.a. Rextron Corporation and/or

Rextron Inc.; EQUITY PLUS SECURITIES

LTD., a British Virgin Islands corporation;

LONG LIFE NOODLE COMPANY, nominal

defendant and real-party-in-interest on

derivative claims; PIERRE T.M. CHEN, an

individual, AN-ERH CHEN, an individual;

GEORGE CHEN, an individual; GAYLE

JOCELYN CHAN, an individual; and d.b.a.

LAW OFFICE OF GAYLE J. CHAN; YAN

SHENG CHAN, an individual; CHENG-LING

LEE, an individual; REX Y.C. YANG, an

individual; WEN-CHIN YEH, an individual;

ROBERT BUNZELL, an individual; BARTKO

ZANKEL, TARRANT & MILLER, a

professional corporation; MICHAEL G.W.

LEE, an individual and d.b.a. LAW OFFICES

OF MICHAEL G.W. LEE; and DOES 1–100,

inclusive,

Defendants. /

No. C 03-00539 WHA

ORDER FOR DISBURSEMENT

OF PROCEEDS OF

SUPERSEDEAS BOND TO

SATISFY JUDGMENT

AFFIRMED ON APPEAL

Case 3:03-cv-00539-WHA Document 342 Filed 06/29/07 Page 1 of 3
United States District Court

For the Northern District of California

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Plaintiffs and judgment creditors have submitted a request to satisfy the final judgment

entered in their favor in this action. On June 30, 2004, a judgment was entered against

defendants and in favor of Dux Capital Management in the amount of $2,498,106. Defendants

moved for a stay of the action, which the Court granted requiring defendants to post a bond of

the full amount of the judgment plus $100,000. A reduced amended judgment of $1,292,306

was entered on August 31, 2005, and enforcement of the judgment was stayed using similar

terms. 

Parties filed cross-appeals from the amended judgment. The Ninth Circuit affirmed the

amended judgment on all issues on March 2, 2007. Dux petitioned to have one issue in its

cross-appeal reheard, but the petition was denied on May 23, 2007. A decree affirming the

amended judgment was issued on June 7, 2007, awarding a judgment of $1,292,306 plus

$508.20 in costs. The total amount of the bond deposited with the Court is currently

$1,524,155.64, inclusive of interest earned. 

Plaintiffs and defendants attempted to stipulate to disburse the funds. They were unable

to agree, so plaintiffs filed this motion. Initially, defendants filed a limited opposition because

plaintiffs’ motion did not have the agreement of all possible lienholders, specifically

Christopher R. Miller and the law firm Baker & McKenzie, who could potentially claim an

interest in the judgment. On June 14, 2007, plaintiffs filed a disclaimer and release of interest

in judgment in which Miller and the Baker firm disclaimed any interest in the judgment. With

that release, all plaintiffs and potential claimants to the judgment are in agreement as to the

disbursement of funds. The next day, defendants withdrew their limited opposition to plaintiffs’

request. 

Accordingly, plaintiffs’ request for an order to disburse the proceeds of the supersedeas

bond is GRANTED. The Finance Unit of the Clerk’s Office is directed to disburse to the Client

Trust Account of Squire, Sanders, and Dempsey L.L.P., counsel for Dux, the following

amounts: (1) $1,292,306, the full amount of the amended judgment; (2) post-judgment interest

of $72,951.56 as of June 12, 2007, the date the request was filed, plus $71.87 per day through

and including the day this order is executed; and (3) awarded appellate costs in the amount of

Case 3:03-cv-00539-WHA Document 342 Filed 06/29/07 Page 2 of 3
United States District Court

For the Northern District of California

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$508.20. Any remaining funds comprising the cash bond should be distributed via check

payable to “William McGrane, Trustee.” Because parties are in agreement on the disbursement

of funds, no hearing is necessary on this request. 

IT IS SO ORDERED.

Dated: June 21, 2007. 

WILLIAM ALSUP

UNITED STATES DISTRICT JUDGE

Case 3:03-cv-00539-WHA Document 342 Filed 06/29/07 Page 3 of 3