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Smagin v. Yegiazaryan

UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA WESTERN DIVISION
Mar 31, 2016
Case No. 14-cv-09764-R (PLAx) (C.D. Cal. Mar. 31, 2016)

Opinion

Case No. 14-cv-09764-R (PLAx)

03-31-2016

VITALY IVANOVICH SMAGIN, Petitioner, v. ASHOT YEGIAZARYAN, a.k.a. ASHOT EGIAZARYAN Respondent.

Bruce H. Jackson, State Bar No. 98118 bruce.jackson@bakermckenzie.com Anne M. Kelts, State Bar No. 298710 anne.kelts@bakermckenzie.com BAKER & McKENZIE LLP Two Embarcadero Center, 11th Floor San Francisco, CA 94111 Telephone: +1 415 576 3000 Facsimile: +1 415 576 3099 Nicholas O. Kennedy, State Bar No. 280504 nicholas.kennedy@bakermckenzie.com BAKER & McKENZIE LLP 2300 Trammell Crow Center 2001 Ross Avenue Dallas, TX 75201 Telephone: +1 214 978 3000 Facsimile: +1 214 978 3099 Attorneys for Petitioner VITALY IVANOVICH SMAGIN


Bruce H. Jackson, State Bar No. 98118

bruce.j ackson@bakermckenzie.com
Anne M. Kelts, State Bar No. 298710

anne.kelts@bakermckenzie.com
BAKER & McKENZIE LLP
Two Embarcadero Center, 11th Floor
San Francisco, CA 94111
Telephone: +1 415 576 3000
Facsimile: +1 415 576 3099 Nicholas O. Kennedy, State Bar No. 280504

nicholas.kennedy@bakermckenzie.com
BAKER & McKENZIE LLP
2300 Trammell Crow Center
2001 Ross Avenue
Dallas, TX 75201
Telephone: +1 214 978 3000
Facsimile: +1 214 978 3099 Attorneys for Petitioner
VITALY IVANOVICH SMAGIN JUDGMENT

[Fed.R.Civ.P. 58; Local Rule 58-1]

Courtroom: 8, 2nd Floor

Before: The Hon. Manuel L. Real

The Court, having considered the evidence presented in support of and in opposition to Petitioner Vitaly Ivanovich Smagin's Motion for Summary Judgment ("Motion"), and having granted said Motion in full by Order Granting Petitioner's Motion for Summary Judgment, dated March 17, 2016 (Dkt. No. 56),(a true and correct copy of the Order is attached hereto as Exhibit 1);

JUDGMENT IS HEREBY ENTERED, pursuant to Rule 58, Federal Rules of Civil Procedure, in favor of Petitioner Vitaly Ivanovich Smagin and against Respondent Ashot Yegiazaryan, a.k.a. Ashot Egiazaryan, on all claims contained in the Petition to Confirm Foreign Arbitration Award filed herein on December 22, 2014, as follows:

1. The London Award is confirmed in its entirety;

2. JUDGMENT IS HEREBY ENTERED in favor of Petitioner Vitaly Ivanovich Smagin and against Respondent Ashot Yegiazaryan, a.k.a. Ashot Egiazaryan, as follows:

A. $72,243,000 as compensation for losses suffered by Petitioner Smagin;

B. Pre-award interest on the $72,243,000 at an annual simple rate of 7%, in the amount of $6,899,701.32;

C. Arbitration legal fees of $4,959,416.88; and arbitration costs of $187,946;

D. Post-award interest on the $72,243,000 in damages and $6,899,701.32 in pre-award interest at an annual quarterly compounded rate of 8%, which amount of interest totals $8,213,587.83 through February 8, 2016.

E. The total of the above-referenced amounts (A through D) as of February 8, 2016 is $92,503,652.
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F. Respondent Ashot Yegiazaryan, a.k.a. Ashot Egiazaryan shall pay reasonable attorney fees incurred by Mr. Smagin for the confirmation motion in an amount to be hereinafter submitted and approved by the Court, such amount to be referenced in an amended judgment.

IT IS SO ADJUDGED.

Dated: March 31, 2016

/s/_________

The Honorable Manuel L. Real

United States District Judge


Summaries of

Smagin v. Yegiazaryan

UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA WESTERN DIVISION
Mar 31, 2016
Case No. 14-cv-09764-R (PLAx) (C.D. Cal. Mar. 31, 2016)
Case details for

Smagin v. Yegiazaryan

Case Details

Full title:VITALY IVANOVICH SMAGIN, Petitioner, v. ASHOT YEGIAZARYAN, a.k.a. ASHOT…

Court:UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA WESTERN DIVISION

Date published: Mar 31, 2016

Citations

Case No. 14-cv-09764-R (PLAx) (C.D. Cal. Mar. 31, 2016)