Humboldt County Superior Court Judge J. Michael Brown allowed a RIGHT TO ATTACH ORDER AND ORDER FOR ISSUANCE OF WRIT OF ATTACHMENT AFTER HEARING to California Redwood after making judgement that Evergreen failed to prove that all the property described in plaintiff's application for exemption from attachment.
The court orders that California Redwood is allowed to attach asses ts for the amount of $321,210. The writ of attachment is for ANY PROPERTY OF A DEFENDANT (Evergreen) WHO IS NOT A NATURAL PERSON FOR WHICH A METHOD OF LEVY IS PROVIDED.
This means that the DEFENDANT (Evergreen) SHALL TRANSFER TO THE LEVING OFFICER POSSESSION OF THE FOLLOWING PROPERTY IN DEFENDANT'S (California Redwood) POSSESSION: To the extent necessary to satisfy the amount secured (i.e., $321,210: Accounts Receivable, chattel paper and general intangibles arising out of defendant's (California Redwood) trade and business; equipment; inventory (wood chips, logs and pulp by placement of a keeper); and deposit accounts.
So Evergreen did not have the ability to pay employees their rightful wages because of the need to make California Redwood whole first. Not fair to the workers. But all of these transactions only are good for who? Right. The lawyers. They are getting their pay or they wouldn't be doing these maneuvers.
Mind you, the above is my synapse of the court document. The case is well over 100 pages thick and growing.
Eternal Disaster, The Dutch Comic Version - Click here to view a somewhat simplistic comic of where we are with the disaster coming out of Fukushima.
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