Opinion
13 C 2197
06-03-2014
CENTRAL STATES, SOUTHEAST AND SOUTHWEST AREAS PENSION FUND; and ARTHUR H. BUNTE, JR., as Trustee, Plaintiffs, v. HENRY TIMME, an individual; and TIMME LAND COMPANY, LLC, a Wisconsin limited liability company, Defendants
JUDGMENT ORDER
HONORABLE JAMES B. ZAGEL DISTRICT JUDGE
At Chicago, Illinois, in the District and Division aforesaid, before the Honorable James B. Zagel, District Judge.
This cause coming to be heard on Plaintiffs' Motion for Default Judgment against Defendant Henry Timme, and the Court having fully considered the Motion along with the supporting materials, hereby FINDS, ORDERS, and ADJUDGES as follows:
A. That Plaintiffs, Central States, Southeast and Southwest Areas Pension Fund (the “Pension Fund”) and Arthur H. Bunte, Jr., trustee, have and recover judgment from and against Defendant Henry Timme, in the total amount of $642, 125.33. The judgment amount consists of: (i) withdrawal liability in the amount of $413, 513.95; (ii) interest in the amount of $106, 720.19 through May 27, 2014; (iii) damages in the amount of $106, 720.19 under 29 U.S.C. § 1132(g)(2)(C); (iv) attorneys' fees in the amount of $13, 997.50; and (v) costs in the amount of $1, 173.50. The damages are awarded pursuant to 29 U.S.C. §§ 1132(g)(2) and 1451(b).
B. That Plaintiffs are awarded post-judgment interest on the entire judgment balance at an annualized interest rate equal to two percent (2%) plus the prime interest rate established by JPMorgan Chase Bank, NA for the fifteenth (15th) day of the month for which interest is charged, and with said interest to be compounded annually.