DISTRICT COURT OF THE VIRGIN ISLANDS DIVISION OF ST. THOMAS AND ST. JOHN In re: PWKH, INC. Debtor. ________________________________ DAVID SILVERMAN, Appellant, v. BANCO POPULAR DE PUERTO RICO, TERRY HOSIER, ALAN KEITHELY WATTS, Appellees. ) ) ) ) ) Bankr. No. 09-30010 (MFW) ) ) ) ) ) ) ) Civil No. 2010-31 ) ) ) ) ) ) ) ) ATTORNEYS: Karin A. Bentz, Esq. Law Office of Karin Bentz, P.C. St. Thomas, U.S.V.I. For David Silverman. Justin K. Holcombe, Esq. Dudley Topper & Feuerzeig St. Thomas, U.S.V.I. For Banco Popular de Puerto Rico. Carol Ann Rich, Esq. Dudley Rich Davis LLP St. Thomas, U.S.V.I. For Terry Hosier and Alan Keithely Watts. Adam Hoover, Esq. Law Offices of Adam Hoover St. Croix, U.S.V.I. Bankruptcy Trustee. Case: 3:10-cv-00031-CVG-GWC Document #: 19 Filed: 09/30/13 Page 1 of 2 In re PWKH, Inc. Civil No. 2010-31 Order Page 2 JUDGMENT For the reasons articulated in the Memorandum Opinion of even date, it is hereby ORDERED that the Bankruptcy Division’s March 11, 2010, order is VACATED insofar as it determined that Silverman’s security interest was $200,000; it is further ORDERED that the Bankruptcy Division’s March 11, 2010, order is AFFIRMED insofar as it determined that Silverman holds a mortgage on the Warehouse; it is further ORDERED that this matter is REMANDED with instructions to consider the value of Silverman’s security interest in light of this opinion; it is further ORDERED that the Clerk of the Court shall close this matter. S\ Curtis V. Gómez District Judge Case: 3:10-cv-00031-CVG-GWC Document #: 19 Filed: 09/30/13 Page 2 of 2