Opinion
1:18-cv-05831 (PAE)
06-14-2022
PARTNER REINSURANCE COMPANY LTD., Plaintiff, v. RPM MORTGAGE, INC., ET AL., Defendants.
[PROPOSED JUDGMENT]
Paul A. Engelmayer, USDJ
It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated May 25, 2022, following an eight-day bench trial, the Court finds defendant RPM-now LendUS-liable to plaintiff PartnerRe for breach of contract. The Court further finds that PartnerRe is entitled to an award of $10,886,955 in damages on its breach of contract claim. The Court further finds that PartnerRe is entitled to prejudgment interest in the amount of $3,511,117.56, which is calculated as simple interest measured as of June 9, 2017 at the rate of 6.5% (5% over the Federal Reserve discount rate as it existed on June 9, 2017). The total due PartnerRe for damages and prejudgment interest is $ 14, 398, 072.60. The Court further awards post-judgment interest to PartnerRe pursuant to 28 U.S.C. § 1961.
The Court does not find defendants Robert Hirt, Tracey Hirt and the Robert Hirt and Tracey Najarian Hirt Revocable Living Trust personally liable for breach of contract under a theory of alter ego liability. The Court does not find PartnerRe liable to RPM for breach of contract.
SO ORDERED.