Opinion
2:23-cv-00094-JDW
10-31-2024
DOMUS BWW FUNDING, LLC, et al., Plaintiffs, v. ARCH INSURANCE COMPANY, et al., Defendants.
ORDER
JOSHUA D. WOLSON, JUDGE
AND NOW, this 31st day of October, 2024, upon consideration of Plaintiffs' 1801 Admin, LLC's and Domus BWW Funding, LLC's Motion Pursuant To Fed.R.Civ.P. 60(a) and/or 59(e) To Correct, Alter or Amend The Judgment And For Clarification Of The Court's Ruling Concerning Arch's Duty To Indemnify (ECF No. 136), for the reasons stated in the accompanying Memorandum, it is ORDERED that the Motion is GRANTED.
It is FURTHER ORDERED as follows:
1. I will update the total judgment to include the $200,000 settlement payment in the 47 East Action, which will bring the total to $3,571,149.12, plus interest;
2. Pre-judgment interest applies at a rate of 6% interest starting on December 30, 2019, as follows:
a. For any invoices that Plaintiffs received before December 30, 2019, the prejudgment interest begins to accrue on December 30, 2019;
b. For any invoice that Plaintiffs received after December 30, 2019, prejudgment interest begins to run on the date that Plaintiffs received the invoice;
3. Prejudgment interest will continue to accrue until the date that I enter an amended judgment;
4. The Parties shall confer and, on or before November 1, 2024, provide me with an updated calculation of prejudgment interest through November 1, 2024, as well as a daily calculation of prejudgment interest going forward, which I can use to enter an amended judgment; and
5. Post-judgment will apply at the federal statutory rate beginning the date of any amended judgment, and the Parties' submission on November 1, 2024, should include a calculation of the daily rate at which postjudgment interest will accrue.