Opinion
20 CV 6812 (PAC)
07-21-2021
TRUSTEES OF THE NEW YORK CITY DISTRICT COUNCIL OF CARPENTERS PENSION FUND, WELFARE FUND, ANNUITY FUND, and APPRENTICESHIP, JOURNEYMAN RETRAINING, EDUCATIONAL AND INDUSTRY FUND, TRUSTEES OF THE NEW YORK CITY CARPENTERS RELIEF AND CHARITY FUND, the CARPENTER CONTRACTOR ALLIANCE OF METROPOLITAN NEW YORK, and the NEW YORK CITY DISTRICT COUNCIL OF CARPENTERS, Petitioners, v. SOR-MAL PLASTERING & CONSTRUCTION CORP., Respondent.
JUDGMENT
The Petitioners having filed a petition to confirm an arbitration award (the “Petition”), and the action having come before the Court and the Court having considered the same and ordered entry of judgment in favor of Petitioners, now therefore:
IT IS ORDERED AND ADJUDGED that the Petition is granted, the underlying arbitration award is confirmed, and judgment is entered in favor of the Petitioners and against Respondent in the total amount of $ 6, 640, 444.97, representing: (1) the June 4, 2020 arbitration award of $6, 170, 662.32, plus interest from the date of the award through the date of judgment to accrue at the annual rate of 6.75% in the amount of $ 469, 012.65; (2) attorneys' fees arising out of this proceeding of $700; and (3) costs arising out of this proceeding of $70.