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Lumbermens Merch. Corp. v. Stacey Holdings, Inc.

United States District Court, E.D. Pennsylvania
Nov 22, 2024
Civil Action 24-cv-01111 (E.D. Pa. Nov. 22, 2024)

Opinion

Civil Action 24-cv-01111

11-22-2024

LUMBERMENS MERCHANDISING CORPORATION, Plaintiff, v. STACEY HOLDINGS, INC., Defendant.


ORDER

CHAD F. KENNEY, JUDGE

AND NOW, this 22nd day of November 2024, upon consideration of Plaintiff Lumbermens Merchandising Corporation (“Lumbermens”)'s Motion for Default Judgment (ECF No. 40), and following an evidentiary hearing on the motion on November 14, 2024, at which Defendant Stacey Holdings, Inc. (“Stacey”) did not appear, and for the reasons stated in the accompanying memorandum, it is hereby ORDERED this the Motion is GRANTED and that judgment is entered against Defendant Stacey as follows:

1. Plaintiff Lumbermens is awarded damages against Defendant Stacey for a total of $177,430.44, which is broken down as follows:

a. $132,622.82 owed to Plaintiff Lumbermens by Defendant Stacey for lumber and related building materials; and
b. $44,807.62 owed to Plaintiff Lumbermens by Defendant Stacey for interest charges and quarterly account maintenance fees.

2. Plaintiff Lumbermens is awarded $44,911 in attorneys' fees, costs, and expenses (see ECF No. 45).

3. Plaintiff Lumbermens is awarded prejudgment interest (6%) against Defendant Stacey in the amount of $10,386.17.

4. Plaintiff Lumbermens is, therefore, awarded a total amount inclusive of damages, attorneys' fees, and prejudgment interest of $232,727.61.

5. Plaintiff Lumbermens is awarded post-judgment interest, to be calculated pursuant to 28 U.S.C. § 1961.


Summaries of

Lumbermens Merch. Corp. v. Stacey Holdings, Inc.

United States District Court, E.D. Pennsylvania
Nov 22, 2024
Civil Action 24-cv-01111 (E.D. Pa. Nov. 22, 2024)
Case details for

Lumbermens Merch. Corp. v. Stacey Holdings, Inc.

Case Details

Full title:LUMBERMENS MERCHANDISING CORPORATION, Plaintiff, v. STACEY HOLDINGS, INC.…

Court:United States District Court, E.D. Pennsylvania

Date published: Nov 22, 2024

Citations

Civil Action 24-cv-01111 (E.D. Pa. Nov. 22, 2024)