Case Information
{.JNI.T.f D $TA'I"ES DTSTRICT' {:OTJ RT FOR THN WN$TSRj\ PIST'I{ICT Uli ARKAN$AS ['lNAfiCn {jOMPAIi}'o INC. P I , A I N ' I ' I F F CORNURS'I'ONFl CASF: N0. 6:l l-cv-060112-R'I'D v .
S'f nVn $T;\N D Il,InG A f I\i$U ILAN Cli, I f\ {1.;
ID;lBE,L R An'lAN' INC.;
w0()t) l,utv"IBaR c0.. lNCl
SOU'I'Hf,AS]' MACHTNH OF INAB[:L. TI{C"I
cus't'OM l.,tivltillR w0RK, [NC.;
S'IUVE ST"AI'llRlDGS,I and I}fi:ITNNNAN'TS
rlAtiNY woOt) {r(}N$RNruguGMEll (As Ag*inst tdabcl Remanr lnc.: Wood l,umhcr Co". lnc.; and Danny Waod)
Now ;rcndir:rg llefarc this C]ourt is fhu rcquest lbr entry af'this {.'onsent .lutlgrncnt in flrvor of Plaintil'l'C'onrrrstonc liinance {)ornpan}r, Inc. ("Cornerst$ne") ancl against Separ:ate l)*Jcndaltl IbabelReman.lnc. ("[dabel"); Scparatc D*fbndantWnod LunrberC'o.,lnc. {"Wttod l.,umber'"); an<l I)anny Woud ("Wootl"). Afier full and clu* corrsitleration ol'the plcadings and cxhihils {ilecl h*rein, stitt*lnents antl representatives r:{'counssl" agreement of thc pitrties, a:rd other mattcrs of pro*f'and larv. this Court hercby F'lNDti and OlttltilRii as tirllor.vs: This Court. has jurisdiction over thc subjcct nlatter urcl parties of this action. Venue
1. is prope'r hefore this Court. Ccrner:st*nc antl ldabel. Wo*d Lurntrer. and Wood lravc agreed to entry o1'this
2. Consent -!urlgment. Iiurdrer. l-he parties stipulate ancl ugrcc thtf thc clcbt re{lected in tlris (lonserlt Judgrnent sh*ll bc non-discharge;rble. pilrsuant tc I I U.S.CI. $ 533 and other applicablc prrrvisitltts
* l - of the, []ankruptcy {]ode. in the evgrt that ldahel. Wooci l..umber, andiar Wood file li:r pr(}tcction tuncler the [Janknrptcy Cocle.
T'ttb.RI.:F'ORI|,IT lS C{)NSIDA:RIID, ORDER$D AND At}JtJD{;Htr} that Cornerstonc l" inancc Ciompany, Inc. is hereby grantsd in ytersonanr .iuclgmenl ilguinst hlabel l{r:tnan" lnc.; W*od Lunrber Co., lnc.; and l)alrny !Vootl,.irintly and severn.lly, in the amount o{'Onr; }'lundrcd }ilty'l"rvo 'l'housanti Four I'lunchccl fwerrty-Fivs ancl 04llOtJ Dollars ($ I 52,425.04), witlr interest itcct'uing ott the judgrrrent li'om and a{ler Octohcr ?6, 201 I, at a per dicm nc*rual ol"flrirly-l\inc anel tlli 100 Dr,rllars t53q.8l) until the judgrncnl is paicl in lirll, together rvith i*ll its costs iterein cxpcnelccl, inclr,rtling attonl*y's.i ltes in ths amount r:lf llifieen Thnr:snntl and {}0i l0{) l"}allars {$ 15,000.00), filirrg l'ee in the amount ol'S-l5t).00. nnd sei'vicc of process flees ot'$512.00. all o1'rvhiclt cxecution and garnislmrent nlay issuc.
IT IS F:UR'['Hf,R CONSIDERED" ORDEll.t:I), ANt) Al).tlJtlGHI) that thc parties stipulate and agrcc that ths deht reflectcrJ in this Clonsent "ludgmerrt slrall he non-dischargeablc, trlursu*nt to I I LI.S.(-:. $ 53.] mrd either applicable provisions o{'tlrc 13anknrptcy Coclc, irr tlre evcnt tlrnt lclabel, WoocJ Lumber, and"or Waod Ille Jbr protectioll uncler tltc Rankrtrptcy {lncle.
tT IS $'{,jRT'H []R C(}l\SIIXf RHI], ORI]ERE,D, ANI] At].f Li DCID that, as con$icleration o{'cntry o1'this Consent.luclgnrcnt. Cornerstone Finarrce Cornptny, lnc. hureby w$ives its rig}rts itr soek punitive clarnages against ldabel Reman. Inc.; Wood l,utnber Co., lrtc.; and Danny Wt:od.
I'l' l$i SQ OIttlHI{h,D ou tlris gfr ,lry ot' W-,2012 ,ffih, us DISTRIC'I coLIItl . ^ wESrdFN ffi;anrenses l . r \ . r r r \ _ t t r i ur\ r'r'!:D s'r'A'I"$ls Dtli'I'RIC'r' JIJD$F, AUG 0I 2012
CHRISR. JOHNSON, Clerk -?- Bv
DePutYCle*
APPROVIT} AI\iD EI{'TRY REQUHT|T'h]D ItY:
HOFKTNS I,AW FIRi\{
A Profsssional Association
Atttrrneys at l,aw
1000 West Seconcl Str:eet
I-itt.lc l{.ilck. AR 72201
wrvw. hopk i nslawfl rnr.conr 'l'ele phone: (501 ) 37.5- l5 I 7
Facunri$:,,tp0 l ; 375-02"3 1
L r/a i | : rchs,ts{cc I frr rhopkins I au' fl nn. cortr
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llv: i
\, RyaY.\{aststeel '\ Arkans&s }3ar No. ?$U7712
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Stcw*rt lee
Arkansas Rar No. 2{}03091
I t n r n4's .fit r {) o r n ers tt.t n e l' i n un t' e t' o m p u n _\', I n t.:.
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JIiFF POTTIi I,AW OPF{CT;
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MLrskrigce. OF.7{-103- ': ' / \ i " 1
Rv: W' '' --- ----.'-*- - -frt-*-"' Jcff pp$s. t_sq.
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A tk)rile)'.fbr l)unn.v Wood ;
Idabel |lenwn, lnc:.; and l,t'oad Inmtte:r Co., Ine.:., I}ANNY WOOD
!'... ; \ t - #
jr,;i*i*'iuu* iLl'..t*,.'td
Danny lVoocl {
TDAS[,T, REMAN, INf:. {''t i..L: d'''r-.-,* i-.'. ,,.,$
lly,
Danny wofrT
Chief [,]xecutive Oflicer
\}'(X}D I,T]MBER CO.. IN(J.
Danny Wood
(llticf !,xccutive ()llice r
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