HENRY T. WINGATE, District Judge.
BEFORE THIS COURT is the Motion for Attorneys' Fees and Costs [Docket no. 19] filed by Plaintiff Stuart C. Irby Company ("Plaintiff"). In support of its motion, Plaintiff also submitted the declaration of Attorney Brian Kimbell [Docket no. 19-1], and a supporting memorandum brief [Docket no. 20]. To date, no response has been filed by the Defendant GFRC Acquisition, LLC ("GFRC"). Having considered Plaintiff's motion, the supporting documents, and the authorities Plaintiff relies upon, this Court finds Plaintiff's motion well taken and GRANTS it for the reasons stated herein.
The salient background facts of this case, as stated in Plaintiff's Complaint [Docket no. 1], are as follows:
This Court reasserts that it possesses diversity of citizenship subject-matter jurisdiction over this dispute pursuant to 28 U.S.C. § 1332
Plaintiff seeks an award of $26,064.00 in attorney's fees, and $441.76 in litigation costs. This Court is persuaded for the reasons set forth below that the requested fees and costs are warranted.
In determining attorney fees, this court must follow Fifth Circuit precedent by calculating a "lodestar" fee "by multiplying the reasonable number of hours expended on a case by the reasonable hourly rates for the participating lawyers." Louisiana Power & Light Co. v. Kellstrom, 50 F.3d 319, 324 (5th Cir. 1995). The court then considers whether the lodestar figure should be adjusted upward or downward depending on the circumstances of the case. Id.
"When ... the applicant for a fee has carried his burden of showing that the claimed rate and number of hours are reasonable, the resulting product is presumed to be the reasonable fee[.]" Blum v. Stenson, 465 U.S. 886, 897, 104 S.Ct. 1541, 1548, 79 L. Ed. 2d 891 (1984). Indeed, the United States Supreme Court has held:
City of Burlington v. Dague, 505 U.S. 557, 562, 112 S.Ct. 2638, 2641, 120 L. Ed. 2d 449 (1992).
The declaration presented by Plaintiff's attorney, Brian Kimball ("Kimball"), purports to itemize the attorney fees and litigation costs in this matter. Kimball points to his extensive experience as a commercial litigator and asserts the hours he has claimed and the hourly rates he charged are reasonable and consistent with other cases in this region. Kimball further explains invoices presented by additional timekeepers on this litigation: attorney Jonathan Still; Paralegal Karen Evans; and Paralegal Emily R. Hammack. Finally, the presented invoices accurately reflect litigation expenses in the amount of $441.76 for service of process expenses and reproduction costs.
GFRC does not challenge the hourly rates or litigation expenses as presented to this Court.
This Court notes that Plaintiff was granted a voluntary fee reduction of of $5,590.00, which effectively reduced Plaintiff's gross attorneys' fees from $31,654,00 to $26,064.00. The Court further takes into account that Plaintiff has been awarded a total amount of $194, 499.94 in this litigation; therefore, the net attorneys' fees requested is 14% of the total award. The Court finds this amount is reasonable.
This Court is persuaded that the expenses Plaintiff incurred in prosecuting this litigation should be awarded.
IT IS, THEREFORE, ORDERED AND AJUDGED that Stuart C. Irby Company's Rule 54(d) Motion for Attorneys' Fees and Costs [Docket no. 19] is hereby GRANTED, and that Plaintiff is entitled to attorneys' fees is the amount of $26,064.00.
IT IS FURTHER ORDERED that Plaintiff is entitled to recover costs of court in the amount of $441.46.
Fed.R.Civ.P. Rule 54(d)(1).