Pou Chen v. MTS Products
Defendants, cross-complainants and appellants MTS Products (MTS) and Ben Hsia (Hsia)[1] appeal from a postjudgment order granting a motion by plaintiff, cross-defendant and respondent Pou Chen Corporation (Pou Chen) to offset an outstanding $12.8 million judgment against Pou Chen obtained by the MTS defendants (the MTS judgment) with approximately $24.1 million of an outstanding and unpaid judgment against the MTS defendants that Pou Chen acquired by assignment from GBM International, Inc. (GBMI) and BHE Group Inc. (BHE). The MTS defendants contend the trial court erred by granting the motion to offset because three existing contractual liens on the MTS judgment should have been given equitable priority over the BHE/GBMI judgment. Court affirm the trial courts order.
Comments on Pou Chen v. MTS Products