An investor has asked the federal court to take possession of real properties owned by disbarred lawyer Ramon K. Quichocho and his uncle, Joaquin Q. Atalig, and sell them to satisfy a $192,328 court judgment. <\/p>\n
Sin Ho Nam, through counsel Stephen J. Nutting, asked the U.S. District Court for the NMI to issue a writ of execution and an order for the sale of real properties after Quichocho and Atalig failed to make a single payment on their settlement agreement.<\/p>\n
Writ of execution refers to a court\u2019s order to the sheriff or other similar official that allows the sheriff to collect money or take possession of property owned by a judgment debtor.<\/p>\n
Nam had sued Quichocho and Atalig in 2010 for breaching a land lease agreement after they terminated a 55-year lease on a property located at Ladder Beach after less than two years, despite having already paid them $218,000.<\/p>\n
The federal court awarded summary judgment on Nam\u2019s claim, but the lawsuit was later dismissed after the parties entered into a settlement agreement.<\/p>\n
In August 2012, Nam filed a new lawsuit against the defendants for allegedly deceiving him in settling his previous lawsuit by promising to pay him $228,000 within 160 days. Nam said the defendants paid him only $16,800.<\/p>\n
The parties then reached a second settlement agreement and the matter was dismissed.<\/p>\n
In Nam\u2019s application for writ of execution filed yesterday, Nutting said the defendants failed to make a single payment on their second settlement.<\/p>\n
Nutting asked the court to order the sale of three real properties that the defendants mortgaged to secure the payment of the sums due under the settlement agreement.<\/p>\n
Last week, Superior Court Associate Judge Joseph N. Camacho ordered Quichocho\u2019s disbarment from the practice of law in CNMI courts for professional misconduct in representing his then-client, Jung Ja Kim.<\/p>\n
Also last week, Superior Court Associate Judge David A. Wiseman ordered a public reprimand against Quichocho for professional misconduct in connection with another Bar complaint filed by a couple.<\/p>\n
Last March 28, a federal jury reached a unanimous verdict, holding Quichocho and his wife, and his law firm liable to pay $2.4 million in damages to Jung Ja Kim, who filed a racketeering lawsuit against them.<\/p>\n","protected":false},"excerpt":{"rendered":"
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