Forward Financing LLC vs. Panoramic Security

under this chapter until at least 10 days after service of the signed copy of the award upon the petitioner.” (Emphasis added). Thus, the 10-day waiting period is triggered upon service of the award by the arbitrator on the petitioner, not service of the award by petitioner on the respondent. The petition states the award was served by the arbitrator on January 21, 2026, which is 10 days before the filing of the petition on February 11, 2026. (ROA 2 at ¶ 9.)

Respondent failed to produce any evidence to the contrary. Petitioner complied with Section 1288.4. Respondent provided no other argument why the petition should not be confirmed, nor did Respondent move to correct or vacate the award. Based on the foregoing, the GRANTS the petition and CONFIRMS the award. Petitioner’s counsel is ordered to submit a proposed judgment and to give notice of this ruling.

4. Forward Financing LLC vs. Panoramic Security 2026-01545900

Before the court is the petition by petitioner Forward Financing, LLC (Petitioner) to confirm the arbitration award in the amount of $136,170.79 entered in its favor and against respondents Panoramic Security dba Scentaura and Myung Son, jointly and severally (collectively, Respondents). Code of Civil Procedure section 1290.2 provides, “A petition under this title shall be heard in a summary way in the manner and upon the notice provided by law for the making and hearing of motions, except that not less than 10 days’ notice of the date set for the hearing on the petition shall be given.”

Once a party to an arbitration files a petition to confirm, correct, or vacate an award, a response must be filed and served within 10 days after service of the petition, unless a judge extends, or both parties agree to extend, this deadline. (Code Civ. Proc., § 1290.6). If a response is not filed by the deadline, the allegations of the petition are deemed admitted by the respondent. (Code Civ. Proc., § 1290.) Here, there has been no response to the petition by Respondents.

Further, the court finds the petition complies with the requirements of Code of Civil Procedure section 1285.4. A copy of the Future Receipts Sales Agreement (FRSA) is attached as Exhibit 6(b) to the Petition. Section 10 of the FRSA contains the mandatory arbitration provision. The Petition sets forth the name of the arbitrator, Julie D. Elkins, Esq. Finally, a copy of the Resolute Systems arbitration Final Award dated February 2, 2025, is attached as Attachment 8(c).

As the Petition complies with Code of Civil Procedure section 1285.4, and there has been no response to the Petition, the Petition is GRANTED and the arbitrator’s Final Award is CONFIRMED. (Code Civ. Proc., § 1286.) Petitioner’s counsel is ordered to submit a proposed judgment and give notice of this ruling.

5. Vista Point Trust I, a Delaware statutory trust vs. Optionwide Financial Corporation 2026-01553437

Before the court is the unopposed petition to confirm arbitration award filed by petitioner Vista Point Trust I (Petitioner). As more fully set forth below, the petition is GRANTED.

The court first notes, although timely served, the petition was prematurely filed pursuant to Code of Civil Procedure section 1288.4. The court nonetheless will proceed on the merits as respondent Optionwide Financial Corporation (Respondent) did not file any opposition, failed to establish any prejudice due to the premature filing, and expressly waived the right to challenge entry of judgment based on the stipulated arbitration award.

A petition to confirm, correct, or vacate the award must: (1) set forth the substance of or have attached a copy of the agreement to arbitrate unless the petitioner denies the existence of such an agreement; (2) set forth the names of the arbitrators; and (3) set forth or have attached a copy of the award and the written opinion of the arbitrators, if any. (Code Civ. Proc., § 1285.4.)

If a petition or response under this chapter is duly served and filed, the court must confirm the award as made, whether rendered in this state or another state, unless it corrects the award and confirms it as corrected, vacates the award, or dismisses the proceeding. (Code Civ. Proc., § 1286.)

Except for prematurely filing the Petition, Petitioner has complied with the requirements of the code. The arbitrator awarded Petitioner the sum of $709,625.85 against Respondent. (Petition § 8, Ex. 8c.) Respondent waived any right to oppose the petition or contest a judgment thereon. (Petition § 8, Ex. 8c section 3.) The court will confirm the $709,625.85 amount.

Petitioner requested interest from the March 2, 2026, date the award was issued to the date of the May 21, 2026 hearing on the petition. This is permissible. (Civ. Code, § 3287; Pierotti v. Torian (2000) 81 Cal.App.4th 17, 27.)