Opinion
No. 20 CV 7137-LTS
04-01-2021
MEMORANDUM ORDER
Petitioners have filed a motion to confirm an arbitration award (the "Motion") issued June 22, 2020 (the "Award"), pursuant to Section 301 of the Labor Management Relations Act of 1947, 29 U.S.C. § 185. (See docket entry no. 10.) The Petition also seeks prejudgment interest from the date of the Award through the date of judgment at an annual rate of 6.75%, post-judgment interest at the statutory rate, and attorneys' fees and costs. The Motion is unopposed, as Respondent Pavel Partition Installers, Inc. has not appeared in this action. The Court has jurisdiction over this action pursuant to 28 U.S.C. section 1331 and 29 U.S.C. section 185.
The Court has thoroughly reviewed Petitioners' submissions filed in connection with the Motion and finds that Petitioners have carried their burden of demonstrating their entitlement to the relief requested therein. Accordingly, the Motion is hereby GRANTED.
The Clerk of Court is respectfully requested to enter judgment in the total amount of $2,644,355.40, which consists of the arbitration award of $2,512,174.21, attorney's fees in the amount of $630, costs in the amount of $75, and prejudgment interest on the arbitration award at the rate of 6.75% from the date of that award, June 22, 2020, through the date of entry of judgment, totaling $131,476.19 Post-judgment interest will accrue at the statutory rate, 28 U.S.C. § 1961, until the judgment is paid.
This Memorandum Order resolves docket entry no. 10.
The Clerk of the Court is respectfully directed to enter judgment and close the case.
SO ORDERED. Dated: New York, New York
April 1, 2021
/s/ Laura Taylor Swain
LAURA TAYLOR SWAIN
United States District Judge