Unicorn Corp. wants court to issue writ of execution against Forson Holdings

UNICORN Corporation, which is doing business as a commercial space rental company, has asked the federal court to issue a writ of execution or an order in aid of judgment against Forson Holdings LLC to satisfy judgment in the amount of $1.7 million.

Unicorn Corp.’s attorney, Charity Hodson, wants the District Court for the NMI “to authorize execution on the full judgment amount plus attorney’s fees and costs if approved by the court, against any bank accounts held in the Commonwealth in defendant’s name, or to examine defendant’s ability to pay and to determine the fastest manner in which defendant can pay the judgment, which remains unsatisfied, including an order of the sale on any real property interest in the Commonwealth which defendant may have.”

Hodson also asked the court for an order awarding attorney’s fees and costs in the amount of $4,200 against Forson Holdings.

Unicorn Corp. sued Forson Holdings for non-payment of lease, and asked the court to issue an order evicting defendant from the plaintiff’s property.

According to the original lawsuit, Forson Holdings is believed to be Imperial Pacific International LLC’s sister company.

On May 20, 2021, the federal court issued an entry of default against Forson Holdings. 

Forson Holdings asked the court to set aside the entry of default, but this was denied by Chief Judge Ramona V. Manglona at a hearing on Aug. 24, 2021.

On Feb. 18, 2022, the court issued a judgment in favor of plaintiff.

According to the court, Unicorn Corp. “shall recover from defendant the amount of $1,712,082 plus the applicable federal interest rate of 0.98%, plus attorney’s fees and costs.”

But Forson Holdings has failed to pay any part of the judgment, Unicorn Corp. said.

Defendant has also failed to remove all its property from plaintiff’s Lot 30 B 21, “in particular, a pile driver which remains on the property, despite a stipulation of time in which plaintiff granted Forson Holdings additional time to remove all property [and] to auction the pile driver to apply the proceeds toward the judgment amount.” 

Unicorn Corp. said it has also granted Forson Holdings an additional time of three months to remove the property in exchange for a rental fee of $1,500, or $500 per month. The defendant did prepay to store the equipment until Feb. 9, 2022, Unicorn Corp. said.

Plaintiff then granted an additional three months to remove the property in exchange for $1,500, which expired in May 2022, and which rental fee was never paid by defendant, Unicorn Corp. said.

Forson Holdings “has not made any payment toward the judgment and has failed to remove its property to date,” Unicorn Corp. added.

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