Opinion
16 CIVIL 1818 (RMB) (SN)
04-26-2016
JENLOR INTERNATIONAL LLC, Petitioner, v. AGRIBUSINESS UNITED DMCC, Respondent.
JUDGMENT
On March 10, 2016, Jenlor International LLC ("Jenlor" or "Petitioner") having moved to confirm a February 5, 2016 arbitration award in the amount of $210,944.74 (which amounts include $46,250 for legal fees and costs) ("Arbitration Award"), pursuant to the Federal Arbitration Act, 9 U.S.C. § 9 and 207 et seq., against Agribusiness United DMCC, a foreign business entity with an address in Dubai and which qualified to do business in New York ("Agribusiness" or "Respondent"), and the matter having been brought before the Honorable Richard M. Berman, United States District Judge, and the Court, on April 21, 2016, having issued its Order granting Petitioner's motion to confirm the Arbitration Award, in the amount of $210,944.74, plus interest at a daily rate of $13.56 from March 6, 2016 through April 21, 2016 on the principal amount of $141,403.28, also granting Post-Judgment interest at the statutory rate, it is,
ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Order dated, 2016, Petitioner's motion to confirm the Arbitration Award, in the amount of $210,944.74, plus interest on the principal amount of $141,403.28 at a daily rate of $13.56 from March 6, 2016 through April 21, 2016, in the amount of $637.32 for a total sum of $211,582.06 is granted. Dated: New York, New York
April 26, 2016
RUBY J. KRAJICK
Clerk of Court
THIS DOCUMENT WAS ENTERED ON THE DOCKET ON ___
BY: /s/ _________
Deputy Clerk