PREFERRED BANK VS. ERIC K. CHUNG ET AL

Set for Law and Motion/Discovery on Thursday, June 12, 2025 Line 11, 1-PLAINTIFF PREFERRED BANK's MOTION FOR WRIT OF ATTACHMENT As To Defendant Twiggy Tang.

Plaintiff Preferred Bank's application for writ of attachment as to defendant Twiggy Tang is granted. Plaintiff is entitled to the issuance of a writ of attachment in the amount of $4,242,196.04 against the identified property of Ms. Tang subject to the determination of Ms. Tang's claim of exemption. Counsel are required to meet and confer in an effort to reach agreement on or narrow the disputes as to Ms. Tang's claim of exemption.

The court exercises its discretion to consider this renewed application for a writ of attachment on a fuller evidentiary record. The court does not believe that plaintiff should be denied the ability to seek a writ of attachment merely because it failed to provide admissible evidence in its previous application. All of Ms. Tang's substantive arguments opposing the issuance of the writ of attachment lack merit. The amount sought by plaintiff is fully supported by the evidence and is neither uncertain nor excessive. Ms. Tang's execution of the guaranty arose out of her conduct of a trade, business, or profession. The description of the property is sufficiently specific.

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Counsel for the prevailing party is required to prepare a proposed order which repeats verbatim the substantive portion of the tentative ruling and must email it to contestdept302tr@sftc.org prior to the hearing even if the tentative ruling is not contested.

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