t=`~ 2~ · pdf file6/11/2017 · suann c. macisaac (sbn 205659) con~t'se~t~l~f~...
TRANSCRIPT
V
n 1t =`~.0 2~3
4
5
6~,.
a ~ 9
10• o
~ o~~ 11
~ ~o~ 12o ~~~ c~ao'~~M 13
~ oJ
~ ~~, 14a m o,~~0 15
o ~'~Q~ 160
o~c~ 17oo W
~ iSaa~ 19
y ~.0
21
22
23
24
25
26
27
'28
KINSELLA WEITZMAN ISER KUMP & ALDISERT LLPMICHAEL J. KUMP (5BN 100983) [email protected]
SUANN C. MACISAAC (SBN 205659) CON~t'SE~t~l~f~ COPY'[email protected] ~ . ORIGENAL Fl~ED
808 Wilshire~Bo~alevard, 3rd Floor s r;or court of catitorni~~-ounty of Las Angeles
Santa. Monica, California 90401.Telephone: 310.566.9goo ~ ~ NOV 0 6 2017Facsimile: 310.566.9850
Sherri R. ~,a ~a~, r:~L~y, ~;aiiC6i'/(;~~fk
Attorneys for Plaintiffs ~y: , DeputyAIl~sss sofa
SUPERIOR COURT OF THE STATE OF CALIFORNIA
COUNTY OF LOS ANGELES, CENTRAL DISTRICT
THE MANDEL COMPANY, TNC., d/b/a THEMANAGEMENT GROUP, a Californiacorporation; JOEL L. MANDEL, anindividual; and ROBERT MANDEL, anindividual,
Plaintiffs,_
vs.
JOHN ~. DEPP R, an individual; EDWARDL. VV~IITE, as trustee of the Sweetzer Trustand- as trustee of the Mooh Investment Trust;and DOES 1 through 50, inclusive,
Defendants.
///
///
///
///
///
///
///
Case No. ~r+ ~ 8 ̀~ '~ $ ~
COMPLAINT FOR JUDICIALFORECLOSURE OF DEEDS OF TRUST
COMPLAINT
Deadlin
e
aaaNwN O
~l p~~
~ ~io~o ~~
~ Mgo~ ~M~ Q o
J
,r~~" ~ U
~~ImUpZ ~z~~ =o~~ ~~~
~ ~Z~W o Q M~ 00 ~ W~ ~aawmzx
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Plaintiffs The Mandel Company, Inc., d!b/a The Management Group, a California
corporation ("TMG"), Joel Mandel and Robert Mandel (collectively "Plaintiffs"), by and through
their undersigned attorneys, bring this action for judicial foreclosure against Defendant John C.
Depp, II ("Depp" or "Defendant"), and against Defendant Edward L. White ("White") as trustee
of the Sweetzer Trust and trustee of the Mooh Investment Trust.
1. The real properties that are the subject of this lawsuit are commonly known as
(collectively, the
"Sweetzer Properties").
2. All of the Sweetzer Properties are owned by the Sweetzer Trust, except for
1486 Sweetzer Avenue, which is owned by the Mooh Investment Trust. As explained herein,
Defendant Depp is the settlor and sole beneficiary of both Trusts, and Defendant White is the
current trustee of both Trusts.
3. Pursuant to section 392 of the California Code of Civil Procedure, venue is proper
in the Los Angeles County Superior Court because the Sweetzer Properties are located in the City
of Los Angeles, the County of Los Angeles, and the State of California.
PARTIES
4. Plaintiff TMG is a corporation organized and existing under the laws of the State of
California, with its principal place of business located in Beverly Hills, California.
5. Plaintiff Joel L. Mandel is an individual principally residing in and working in Los
Angeles County, California.
6. Plaintiff Robert Mandel is an individual principally residing in and working in Los
Angeles County, California.
7. Defendant Depp is a world famous actor and an individual principally residing in
and often employed in Los Angeles County, California. Depp is the settlor and sole beneficiary of
the Sweetzer Trust and the Mooh Investment Trust, which together own all of the Sweetzer
~ Properties.
Co~La~rrT
Deadlin
e
1
2
3
4
5
6
7
8aa 9Ha 10wH O
A o~~ 11
~ ~io~o rn ~ 12M ao~~~ 130
~ ~LL~~ ~`; 14W
~ ° o
z ~ z ~ isrn
= ~co~N ~;
~ ~Z~16
W o~M 17'~j O~ J
w
~ 18awz 19
20
21
22
23
24
25
26
27
28
8. Plaintiffs are informed and believe, and based thereon allege, that White is an
individual principally residing in and working in Los Angeles County, California. As of March
2016, White became Depp's new business manager. On information and belief, on or about March
23, 2016, White became the trustee of the Sweetzer Trust and currently serves as trustee thereof.
On information and belief, on or about January 10, 2017, White became the trustee of the Mooh
Investment Trust and currently serves as trustee thereof.
9. Plaintiffs are informed and believe, and based thereon allege, that Does 1 through
29 hold some interest in the Sweetzer Properties, which interest is alleged to be junior to that of
Plaintiffs', or may have a lien, interest or claim in the Sweetzer Properties, said lien, interest or
claim being subordinate to Plaintiffs' prior lien, interest and claims in the Sweetzer Properties.
10. Plaintiffs are informed and believe, and based thereon allege, that Does 30 through
50, inclusive, and each of them, participated in the wrongful acts alleged-herein, and are liable for
those acts. Plaintiffs are informed and believe that Does 30 through 50, inclusive, knew and
participated in one or more of the specific acts committed by Defendants, and counseled
Defendants and other Doe Defendants in perpetrating those wrongful acts and/or aided and
counseled Defendants and other Doe Defendants in concealing those acts from Plaintiffs, as
alleged more fully herein.
BACKGROUND FACTS
The Parties' Business Relationship
11. For 30 years, brothers Joel and Robert Mandel, and their company, TMG, have
been trusted business managers to some of the most successful individuals and companies in the
entertainment business. Starting in 1999, TMG represented actor Depp, and did everything
possible to protect Depp from his own irresponsible and profligate spending.
12. By 1999, Depp was an established actor who had starred in several well-known
films, including Edward Scissorhands (1990), What's Eating Gilbert Gape (1993) and Sleepy
Hollow (1999). Depp and his then advisors decided to seek new business managers and conducted
a "beauty contest" in which they interviewed several business management fums and ultimately
hired TMG.
COMPLAINT
Deadlin
e
1
2
3
4
5
6
7
8aa 9NW 10~ oA 11o ~~
~ ~oc~°oo rn ~ 12
~ MQo~ ~~0
13~ ~~~~ ~`; 14W
~ mQoz ~z~ 15~ _~
~'J ~ 16~ ~ao
W ONM3~ I7W
a ~ 18awz 19N
20
21
22
23
24
25
26
27
28
13. Over a 17-year relationship, TMG and Joel Mandel ("Mandel") did everything
within their power to professionally and competently handle the vast array of transactions,
expenses, and demands made by Depp. TMG repeatedly warned and advised Depp to reduce his
spending and sell unnecessary assets. But ultimately, the decision whether and how to spend his
money was a decision for Depp to make. Depp listened to no one, including TMG and his other
advisors, and he demanded they fund a lifestyle that was ,extravagant and extreme.
Deep Had To Continually Borrow Substantial Sums To
Finance His Extravagant Lifestyle
14. As a result of Depp's uncontrollable spending, which exceeded the net income he
received from his films, Depp was forced to borrow large sums of money to fund a lifestyle that
continued to become more and more extravagant over the years. At the outset, this borrowing was
in the form of advances from various movie studios, primarily Disney.
15. Depp also entered into commercial loans over the years primarily with City
National Bank ("CNB"), as well as obtaining residential mortgages from CNB and First Republic
Bank. After monies were borrowed, TMG discussed with Depp and Elisa Christi Dembrowski
("Dembrowski")—who is Depp's sister, personal manager, and the president of his production
company—how the monies could be best repaid, which often ended up being a futile exercise
because Depp consistently refused to change his lifestyle in any meaningful way.
TMG Loaned Deng $5 Million To Avoid A Public Financial Crisis
16. Up until 2012, these commercial loans were generally available to Depp on
~ favorable interest rates and terms. However, with increased borrowing, CNB became more
reluctant to make favorable loans to Depp.
17. This came to a head in December 2012, when Depp was about to default on a
multi-million dollar loan with CNB, which would have caused a devastating public financial
crisis. At that time, CNB demanded payment on a $5 million loan, but Depp did not have the
funds to repay it, which was the direct result of Depp's refusal to curb his profligate spending.
18. In or about October 2012, Mandel and Depp's long-time personal attorney,
Jake Bloom, had athree-hour "come to Jesus" meeting with Depp at one of his homes in
COMPLAINT
Deadlin
e
1
2
3
4
5
6
7
8
9Na 10wM O
~' 11a o~~¢ o~~~ ~oco 12o rn ~M ao~ ~M 13
x Q°~~ J LLW ~~, 14
i"'~ m V O
Z ~zoO 15rn
~ ~ 16N J tin
~~z~W o~M 17
00 W
a~ 18
wz 19N
~0
21
22
23
24
25
26
27
28
Hollywood. During this meeting, Mandel went over all of Depp's financial issues..During the
meeting (and thereafter), Depp finally agreed with the recommendation of Mandel and Bloom that
immediate action be taken to prevent his public financial collapse. Depp agreed to sell his yacht
and possibly other assets to help restructure his debt.
19. Time, however, was of the essence because CNB was placing the loan in default if
it was not promptly repaid; the bank was not willing to provide Depp with any further leeway.
There was not enough time to sell the yacht before CNB took action and no other bank would
timely lend to Depp. With no available options, CNB offered to allow apass-through whereby
TMG—which had excellent credit—essentially substituted itself on CNB's books for Depp's due
and unpaid $5 million loan.
20. TMG agreed to come to the aid of its long-tune client. The idea behind this
arrangement, which was designed to save Depp from a public and devastating financial collapse,
was that Depp would pay TMG what TMG was required to pay CNB under the loan. At least at
the time, Depp and his sister, personal manager, and the president of his production company,
Dembrowski, were very grateful to TMG for coming to Depp's aid and helping him to avoid a
public financial collapse. In fact, three years later, Depp used the fact that TMG had lent him
money to pressure his long-time agent, United Talent Agency, to guarantee a further multi-million
dollar loan from Bank of America.
The TMG/Depp Loan Documents
21. In December 2012, TMG borrowed $5 million from CNB, which was then used to
solely pay off the previous Depp/CNB loan. TMG never received any cash or any other
consideration in the transaction—instead, TMG stepped into Depp's shoes with respect to the
$5 million loan from CNB.
22. In return,- on or about December 7, 2012, TMG, Joel Mandel and Robert Mandel,
on the one hand, and Depp, on the other hand, entered into a lending agreement (the "Loan
Agreement") for $5,000,000. The Loan Agreement, which is signed by Depp and attached hereto
as Exhibit "A," provides in relevant part that—
COMPLAINT
Deadlin
e
A. TMG provides, and for many years has provided, full servicebusiness management and related services to Depp (the "Services").
aa
w
A ~a o~~
~~ocC°oo rn ~
~i~ao~ ~ M~ Q o~W J I.L
W ~ U
'̂~ C~ U OZ ~,
_ ° coN J ~ ~
~~z~W oNM
O~ Jw
awzr
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
B. Depp is presently the obligor under a promissory note with CityNational Bank ("CNB"), which requires the repayment, by Depp to CNB,of the sum of five.million dollars ($5,000,000.00) (the "CNB/Depp Note")on or before December 1, 2012. Depp was not able to pay the CNB/DeppNote when due.
C. TMG has agreed to borrow the sum of five million dollars($5,000,000.00) from CNB pursuant to that certain Promissory Note andrelated documents dated December 7, 2012 (the "CNB/TMG Note") and toapply the proceeds therefrom to the repayment of the sums due under theCNB/Deep Note. Depp agrees to repay the CNB/TMG Note, whichagreement shall be memorialized, in part, by this Agreement but, primarily,by a promissory note (the "TMG/Depp Note") secured by deeds of trust (the"Deeds of Trust"), of even date herewith, granting a security interest inthose certain parcels of real property located at
(the "SweetzerProperties"). The Sweetzer Properties are owned by trusts, however, thebeneficial owner is Depp.
3. Deeds of Trust. The Parties acknowledge that the SweetzerProperties are owned as follows: is owned by the MoohInvestment Trust, Elisa C. Dembrowski ("Dembrowski") is the Trustee andDepp is the Trustor and Beneficiary;are owned by the Sweetzer Trust, Joel L. Mandel is the Trustee and Depp isthe Trustor and Beneficiary. Depp hereby specifically authorizesDembrowski and Joel L. Mandel to execute the Deeds of Trust, pledgingthe Sweetzer Properties as security for the TMG/Depp Note and Depp doeshereby agree to indemnify and hold Dembrowski and Joel L. Mandelharmless for and from any and all acts in any manner related to theauthorizations hereby granted.
4. Conflicts of Interest. Without in any manner limiting the generalityof the foregoing, the Parties acknowledge that Joel L.1Vlandel, as Trustee ofthe Sweetzer Trust, will be granting a security interest in the propertiesowned thereby in order to secure a loan made by TMG, of which Joel L.Mandel is an owner, and Depp hereby waives any and all conflicts ofinterest respecting TMG (including, without limitation, Joel L. Mandel,Robert A. Mandel, The Mandel Company, Inc. and their officers, directors,shareholders, employees, agents, representatives, predecessors andsuccessors) which are potentially, actually or apparently created thereby, orelsewhere in the transaction, series of transactions contemplated hereby orresulting therefrom, specifically acknowledging that the CNB/TMG Note,TMG/Depp Note and related Deeds of Trust are being created/entered intoat Depp's specific request and for his sole benefit.
5. Promissory Notes. The repayment terms and conditions of theTMG/Depp Note are intended to reflect, as closely as possible, therepayment terms of the CNB/TMG Note. TMG will not, under anycircumstances, make any profit or incur any costs, of any naturewhatsoever, by virtue of the TMG/Depp Note or Deeds of Trust, demanding
COMPLAINT
Deadlin
e
1
2
3
4
5
6
7
8
~ 9=~,-~~ 10n-~ o
~' 11-~o~~
~ ~ioc~oo rn ~ 12m. g o
p ¢~m 13~, Q o~
~ ~`; 14w
~ mQ°o isz ~z~~'oz ~
~~~M ~ ~
16Z
W o~M 17'~ ~ J
a ~ 18awz 19
~ 20
21
22
23
24
25
26
27
28
only those payments from Depp under the TMG/Depp Note as CNB isdemanding from TMG under the CNB/TMG Note.
15. Professional Fees. In the event it becomes necessary for TMG toretain legal counsel for the enforcement of this Agreement or any of itsterms, Depp promises and agrees to pay, on demand, all costs and expensesof such enforcement, including reasonable attorneys' fees incurred byTMG, whether or not suit is filed.
23. On or about December 7, 2012, and consistent with the Loan Agreement, Depp
also executed and delivered to TMG a secured promissory note for $5,000,000 (the "TMGlDepp
Note"). The TMG/Depp Note, which is attached hereto as Exhibit "B," provides in relevant part
that—
Borrower shall make payments of interest only on the last day of themonths of December, 2012 through December, 2013 inclusive, with allPrincipal and accrued but unpaid interest to be paid on or before January 31,2014. All payments shall be first applied to accrued and unpaid interest andthen to Principal. Borrower has the unlimited right to make pre-payments ofPrincipal.
To secure the prompt, full and faithful performance by Borrower ofall of the provisions to be kept, observed or performed by Borrower underthis Note and/or any other agreement, instrument or document heretofore,riow and/or from time to time hereafter delivered by or on behalf ofBorrower to Lender, Borrower grants to Lender deeds of trust of even dateherewith (the "Deeds of Trust"), as modified from time to time, on the realproperties located at
(the "Collateral"). It is understood that the Deeds of Trust
securing this indebtedness shall be in second position to institutional firstmortgages, and Borrower agrees not to further encumber the Collateral.
The occurrence of any one of the following events shall constitute adefault by the Borrower ("Event of Default") under this Note: (a) ifBorrower fails to pay any sums due hereunder when due and payable ardeclared due and payable (whether by scheduled maturity, requiredpayment, acceleration or otherwise); (b) if Borrower fails or neglects toperform, keep or observe any term, provision, condition, covenant, warrantyor representation contained in this Note . or (k) if Depp ceases toremain a full service business management client of Lender (dba TheManagement Group) as understood by the Parties and as reflected by theParties relationship at the date of the making of this Note.
COMPLAINT
Deadlin
e
2
3
4
5
6
7
8aa 9HW 10H O
A o~~ 11
~ ~ocCOoo rn ~ 12M ao~ ~~ 13
~ Q o,~
~ ~`; 14W
H m V O 157 ~Z00_ ~~
~-E ~ Qo 16
W O N <', 1'I'~ 00 W
~ 18wz 19
x 20
21
22
23
24
25
26
27
28
Borrower agrees to pay, immediately upon demand by Lender, anyand all cost, fees and expenses (including Lender's reasonable attorneys'fees, costs and expenses) incurred by Lender (i) in enforcing any ofLender's rights hereunder, and (ii) in representing Lender in any litigation,contest, suit or dispute, or to commence, defend or intervene or to take anyaction with respect to any litigation, contest, suit or dispute (whetherinstituted by Lender, Borrower or any other person) in any way relating tothis Note, the Collateral or any other documents relating thereto, and to theextent not paid the same shall become part of the sums due hereunder.
24. As explained above, the TMG/Depp Note was meant to be a short-term bridge loan
for Depp that would be paid off no later than January 31, 2014, and would allow Depp time to sell
his yacht and various other assets needed to repay his creditors. As evidenced in the above quoted
language, in addition to having a January 2014 due -date, the TMG/Depp Note also provided that
an event of default included "Depp ceasing] to remain a full service business management client
of [TMG]."
25. As expressly provided for in both the Loan Agreement and the TMG/Depp Note,
and to secure the $5 million loan, Joel Mandel as the trustee of the Sweetzer Trust, and Depp's
sister, personal manager, and the president of his production company, Dembrowski, as trustee of
the Mooh Investment Trust, executed two deeds of trust (the "Deeds of Trust"), which were
recorded with the Los Angeles County Records Office. The Deed of Trust executed by Mandel as
the trustee of the Sweetzer Trust was recorded on January 15, 2013, with the document number
20130067909, and is attached hereto as Exhibit "C." The Deed of Trust executed by Dembrowski
as the trustee of the Mooh Investment Trust was also recorded on January 15, 2013, with a
document number 20130067908, and is attached hereto as Exhibit "D." The Loan Agreement,
TMG/Depp Note, and the Deeds of Trust are collectively referred to herein as the Loan
Documents.
26. There was nothing about the TMG/Depp loan that benefitted TMG—it was done
purely as a short-term accommodation to Depp and to prevent his public financial collapse.
Depp Fails To Pav Off the TMG/Depp Note and Fires TMG
27. As was typical for Depp—once a crisis. was averted, he continued to spend on his
extravagant lifestyle and left TMG to try to deal with the resulting financial mess. TMG never
COMPLAINT
Deadlin
e
agreed with Depp to modify any of the terms of the TMG/Depp Note and Depp did not have the
funds to repay the Note by its January 2014 due date.
28. Thus, TMG requested further time from CNB to pay off the TMG/CNB loan and
worked on internal amortization schedules designed to forecast how-the TMG/Depp Note could
possibly be paid off if Depp continued to refuse to sell assets and if CNB allowed TMG's $5
~ million loan to be extended into the future.
29. Depp paid interest and some principal payments under the TMG/Depp Note until
8a..a 9
.
H~w 10m~ oA 11o ~~
~3~~~, 12Q O~ M
~ ~M 130
14W ~~~m mQo
z ~z~ is°'oz ~
N ~~~M ~ ~
16Z
W ON~''~ I73 ~o Jw~ 18
awz 19M
~O
21
22
23
24
25
26
27
28
he terminated TMG as his business manager on March 14, 2016. After that date, Depp and his
new business manager, White, have refused to pay any interest or principal on the loan. Well over
$4.4 million is due and owing under the TMG/Depp Note. Although Depp is refusing to pay his
debts, he does not and cannot dispute that he received the full benefits of the TMG/Depp Note by
avoiding a public calamity in 2012. Nor can he dispute that TMG gained nothing from the
transactions and instead, became indebted to CNB for $5 million. However, in Depp's self-
centered world, "no good deed goes unpunished."
FIRST CAUSE OF ACTION
(Judicial Foreclosure Against All Defendants)
30. Plaintiffs incorporate by reference all of the foregoing allegations of this
Complaint, as though fully set forth herein.
31. At all relevant times mentioned herein, the Loan Documents were and now are in
effect. Plaintiffs are the lawful holder of the TMG/Depp Note and are the lawful beneficiaries
~ under the Deeds of Trust encumbering the Sweetzer Properties.
32. Plaintiffs have performed all of the terms and conditions required on its part to be
performed pursuant to each of the Loan Documents, except as excused by Depp's defaults.
33. Depp has defaulted under the TMG/Deep Note and the other Loan Documents by,
among other things, failing, and continuing to fail, to pay all amounts due under the TMG/Depp
Note, including the entire outstanding principal amount now due and interest payments as well.
34. Depp has failed to pay and owes an amount in excess of $4,449,000 in principal,
~ interest, and other charges under the TMG/Depp Note and the other Loan Documents, an amount
COMPLAINT
Deadlin
e
a:~
oA ~a a~~
~ ~iocC°oo rn ~
?+i+~Qo
°¢m~ Q°~~ >~~W ~ U
~ maoU~~ 2 ~ ~S ~
J ~ ~
~~ZoW o~M
OO Jw
awz
1~
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
which continues to increase with interest and other charges pursuant to the Loan Documents.
35. The Loan Documents also provide for recovery of all costs, including attorneys'
fees incurred by Plaintiffs in enforcing the terms of the TMG/Depp Note, the Deeds of Trust, and
the Loan Agreement. As a further result of Depp's defaults, Plaintiffs have been damaged in that
they have and will be required to incur attorneys' fees and costs to enforce their rights under the
Loan Documents.
36. Pursuant to the Deeds of Trust, Plaintiffs are entitled to judgment that (a) the rights,
claims, ownership, liens, titles and demands of all Defendants and all persons or entities claiming
under any of them are subject to the liens of the Deeds of Trust; (b) the Deeds of Trust are
foreclosed and the Sweetzer Properties shall be sold according to law by a sheriff or marshal or
other party appointed by the Court; (c) when the time for redemption has passed, if any, the
commissioner or trustee shall execute and deliver deeds to the purchasers of the Sweetzer
Properties at the foreclosure sale and that said purchasers shall be put into the possession of the
Sweetzer Properties upon delivery of said deeds; and (d) for judgment against Depp for any
deficiency.
PRAYER FOR RELIEF
WHEREFORE, Plaintiffs pray for judgment against Defendants, as follows:
1. For a declaration of all amounts owing-and unpaid under the TMG/Depp Note, the
Deeds of Trust and the Loan Agreement, which amount is in excess of $4,449,000,
an amount which will continue to increase, and is to be proved at the time of trial to
include all principal, interest, costs, attorneys' fees and other charges permitted by
law and the TMG/Depp Note, the Deeds of Trust and the Loan Agreement;
2. For an adjudication that the Deeds of Trust be foreclosed; that judgment be made for
sale of the Sweetzer Properties according to law by a sheriff, marshal or other person
appointed by this Court; that the sale proceeds be applied in payment of the amount
due to Plaintiffs; that any and all entities and persons claiming an interest in the
Sweetzer Properties, whether as owners, lien claimants, junior creditors, claimants
COMPLAINT
Deadlin
e
.~aa
w
A ~a o~~
~~omo rn ~c+~ a o~ c~
x Q°~~ >~~,r~~U•
~ mQoU
Zornz ~
N J ~ ~
~3z~w a~~,~ 00 w
awmzx
under a junior deed of trust, purchasers, encumbrances or otherwise, be barred and
foreclosed from all rights, claims, interests, or equities of redemption of the Sweetzer
Properties and ever part thereof when the time for redemption, if any, has passed;
and for any deficiency after sale permitted by law and the Loan Documents;
3. For an adjudication that the rights, claims, ownership, liens, encumbrances, title,
estate, interest and demands of Defendants are subsequent and subordinate to
Plaintiffs' interest as beneficiaries under the Deeds of Trust; for an adjudication that
Plaintiffs or any other party to this lawsuit may be permitted to become a purchaser
at the foreclosure sale and that Plaintiffs may credit bid upon the Sweetzer
Properties;
4. For an adjudication that, when the time for redemption, if any, has passed, the sheriff
or marshal or other person appointed to sell the Sweetzer Properties shall execute a
deed and other required documents necessary to transfer title to the purchaser of the
Sweetzer Properties at the foreclosure sale, and that the purchaser shall be permitted
to take possession of the Sweetzer Properties upon production of the deed and other
appropriate documents of title;
5. For Judgment against Depp for any deficiency;
6. For. prejudgment interest as provided by the Loan Documents;
7. For attorneys' fees and for costs of suit; and
8. For such other and further relief as the Court may deem just and proper.
1
2
3
4
5
b
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
2~
28
~ DATED: November 6, 2017
/405494
KINSELLA WEITZMAN ISER KUMP& ALDISERT LLP
~~
By:M' chael J. KumpSuann C. MacIsaacAttorneys for Plaintiffs
co~La~rrT
Deadlin
e