KENNETH G. EADE (SBN 93774) keneade@gmail.com LAW OFFICE OF KENNETH G. EADE 6399 Wilshire Blvd., Suite 507 Los Angeles, CA 90048 Telephone: (323) 782-8802
Attorney for Plaintiff
UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA KENNETH EADE, Plaintiff, v. INVESTORSHUB.COM, INC., et al., Defendants.
Case No. CV11-01315 JAK (CWx) PLAINTIFF KENNETH EADES MONTHLY FINANCIAL REPORT
Date: June 30, 2014 Time: None Courtroom: None Judge: Hon. John A. Kronstadt
Plaintiff KENNETH EADE herewith submits the following Monthly Financial Report, per the Courts Minute Order of July 11, 2013. Status of French proceedings, Kenneth Eade v. Agata Gotova, Case No. 12/00947, Nice Regional Court, France: On April 4, 2013, the Court announced its Order to execute the Superior Courts Judgments of October 25, 2010 and December 14, 2009, and the Courts Order of November 18, 2011, modifying the Judgment of October 25, 2010. On or about July 1, 2013, I was advised that Ms. Gotova filed a Notice of Appeal of the French Judgment, which stays execution of the Orders. The Court of Appeal in France held a hearing on March 18, 2014, to decide whether to provisionally execute the orders of the U.S. Court pending the appeal. The Court of Appeal rendered a decision Case 2:11-cv-01315-JAK-CW Document 143 Filed 06/30/14 Page 1 of 3 Page ID #:1826
last month declining to allow the provisional execution of the judgment pending appeal. The Court of Appeal has set the date of September 1, 2014 as the date of closure of the pleadings, and I anticipate that the final hearing will take place no later than the end of the year. I recently won a motion for damages under Family Code section 1101 in the dissolution of marriage proceeding which could result in the entire proceeds of the sale of the property being granted to me, but that would require validation of the judgment in France, which will take approximately 1 to 2 years in the lower court and another 1 years on appeal. 1. Estimate of value of property: 600,000 to 700,000 Euros. 2. Time estimate as to when property will be sold: If the motion in the Court of Appeal is granted, approximately one year. If the motion is denied: 1 years. 3. Estimated net proceeds of sale: A. 30,000 to 35,000 Euros real estate commissions; B. 10,000 euros notary fees; C. 75,000 euros to mortgage holder, Monte Paschi Banque; and D. 277,000 to 377,000 euros net to Plaintiff.
Dated: June 27, 2014
/s/ Kenneth Eade KENNETH EADE
Case 2:11-cv-01315-JAK-CW Document 143 Filed 06/30/14 Page 2 of 3 Page ID #:1827
PROOF OF SERVICE STATE OF CALIFORNIA, COUNTY OF LOS ANGELES I am employed in the County of Los Angeles, State of California. I am over the age of 18 and not a party to the within action, my business address is 6399 Wilshire Blvd., Suite 507, Los Angeles, California 90048. On June 30, 2014, I served the foregoing documents described as: PLAINTIFF KENNETH EADES DECLARATION REGARDING STATUS OF MOTION FOR CONTEMPT, AND/OR MONETARY SANCTIONS on the parties in this action by placing a true copy thereof enclosed in a sealed envelope addressed as follows:
BY U.S. MAIL: I enclosed the documents in a sealed envelope or package address to the above-named persons at the addresses exhibited therein and (specify one): I placed the envelope for collection and mailing, following our ordinary business practices. I am readily familiar with this firms practice for collecting and processing correspondence for mailing. On the same day that correspondence or other service document is placed for collection and mailing, it is deposited in the ordinary course of business with the United States Postal Service, in a sealed envelope with postage thereon fully prepaid. I am employed in the county where the mailing occurred. The envelope or package was placed in the mail at Los Angeles, California. BY CM/ECF: The document was electronically served on the parties to this action via the mandatory United States District Court of California CM/ECF system upon electronic filing of the above-described document. Executed this 30 th day of June, 2014, at Los Angeles 90048. I declare that I am employed in the office of a member of the bar of this Court at whose direction the service was made. /s/ NichelleGuzmn NICHELLE GUZMAN Case 2:11-cv-01315-JAK-CW Document 143 Filed 06/30/14 Page 3 of 3 Page ID #:1828