NY Court To Enter Judgment Against La-Van Hawkins For $8.4 Million

1 min read
Opinions expressed by Entrepreneur contributors are their own.

Miami-The New York State Supreme Court for the county of New York ruled that a default judgment for $8.4 million will be entered in favor of Franchise Acceptance Corporation (FAC), an affiliate of Burger King Corp., and against La-Van Hawkins and two of his corporations. FAC's action seeks to recover amounts due and owed to it on 21 promissory notes. The presiding judge rejecting Hawkins' request for additional time extensions and directed FAC to submit a judgment against Hawkins and his corporations.

"We consider the judge's ruling to be a tremendous victory because it sends a clear message to Mr. Hawkins that the court will not tolerate his attempts to delay this action and avoid entry of a significant monetary judgment against him," said Howard Wolfson, outside legal counsel for FAC with the Manhattan-based law firm of Morrison, Cohen, Singer and Weinstein.

As part of the ruling, the court temporarily stayed execution of the judgment and gave Hawkins until October 26 to seek relief from the judgment. -PRNewswire

For additional background information on this case, please see our news story from October 2, 2000.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur