petition to confirm arbitration award
Based on the multiple prior continuances and ongoing service issues, the court denies the petition without prejudice. Petitioners to give notice.
3. Omega Accounting Solutions, Inc. vs. Bonanno Investment Enterprises, Inc. 2026-01542344 Before the court is the petition to confirm arbitration award filed by petitioner Omega Accounting Solutions, Inc. (Petitioner). As more fully set forth below, the petition is DENIED WITHOUT PREJUDICE. The petition previously came on for hearing on April 30, 2026. Prior to that hearing, the court posted a tentative ruling to continue the petition to today’s date but on various deficiencies, including the failure to properly serve respondent Bonanno Investment Enterprises, Inc. (Respondent). At the hearing, the court adopted the following as its final ruling”
“Before the court is a petition to confirm arbitration award filed by petitioner Omega Accounting Solutions, Inc. (Petitioner). For the reasons set forth below, the petition is CONTINUED TO JUNE 18, 2026, AT 2:00 P.M., IN DEPARTMENT C23, for proper service and proof thereof. “The arbitration agreement is silent as to the manner of service of the petition and notice of hearing. Respondent Bonanno Investment Enterprises, Inc. (Respondent) has not previously appeared in the proceeding. The petition and notice of hearing must, therefore, be served on Respondent in the same manner as service of a summons. (See Code Civ.
Proc., § 1290.4.) Although the notice of hearing on the petition was properly served by personal service on Respondent’s registered agent (see ROA 13), there is no proof of service showing proper service of the petition on Respondent. The proof of service for the petition shows the petition was served on Respondent by mail on January 22, 2026, which is not an appropriate method of service. (See ROA 2; Code Civ. Proc., § 1290.4.) “In addition, the petition does not set forth the date when the arbitration award was served upon Petitioner.
Although the petition shows compliance with Code of Civil Procedure section 1288, it is unclear whether the petition complies with the requirements of Code of Civil Procedure section 1288.4, which states no petition may be served and filed ‘until at least 10 days after service of the signed copy
of the award upon the petitioner.’ (Code Civ. Proc., § 1288.4
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Petitioner has not filed any notice of the court’s prior ruling nor has Petitioner filed anything to address the deficiencies the court pointed out in its prior ruling. The court ordered any such filings to be made at least five court days before today’s hearing, and petitioner failed to do so. Based on the foregoing, the petition is DENIED WITHOUT PREJUDICE. Petitioner’s counsel is ordered to give notice of this ruling.
4. In Re: Shepard Douglas, LLC 2026-01559770 Before the court is the petition of petitioner Shephard Douglas, LLC (Petitioner) for court approval of the proposed transfer of certain periodic payments real party in interest and payee Lucila Barocio (Payee) is scheduled to receive under a structured settlement. As more fully set forth below, the hearing on the petition is CONTINUED TO THURSDAY, AUGUST 27, 2026, AT 2:00 P.M., IN DEPARTMENT C23, for Petitioner to provide additional information necessary to enable the court to determine whether the required findings can be made.
In these proceedings, Petitioner seeks court approval for Payee to transfer one lump sum payment of $20,000 due February 16, 2028, one lump sum payment of $30,000 due February 16, 2029, and one lump sum payment of $40,000 due February 16, 2030. These payments total $90,000 and have a discounted present value of $77,892.70. In exchange for transferring the right to receive these monthly payments, Payee would receive a present, lump sum payment of $45,000, which represents 57.7 percent of the payments’ present value and equates to an equivalent interest rate of 24.7 percent if Payee were to take a loan.
The petition does not include all information and documents required by the Insurance Code, including a