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UMB Bank, N.A. v. Soleil Chartered Bank, 18-cv-09879 (LGS)(BCM). (2020)

Court: District Court, S.D. New York Number: infdco20200219h20 Visitors: 3
Filed: Feb. 18, 2020
Latest Update: Feb. 18, 2020
Summary: ORDER LORNA G. SCHOFIELD , District Judge . WHEREAS, on January 16, 2020, an Amended Opinion and Order was issued [ ECF 107 ], granting Plaintiff's motion for summary judgment against Defendant Soleil Chartered Bank for its wrongful refusal to honor Plaintiff's request on January 4, 2020 for payment of Seven Million Dollars ($7,000,000.00) pursuant to a letter of credit; WHEREAS, on February 5, 2020, an Order was issued [ ECF 115 ], granting Plaintiff's motion to certify the Amended Opini
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ORDER

WHEREAS, on January 16, 2020, an Amended Opinion and Order was issued [ECF 107], granting Plaintiff's motion for summary judgment against Defendant Soleil Chartered Bank for its wrongful refusal to honor Plaintiff's request on January 4, 2020 for payment of Seven Million Dollars ($7,000,000.00) pursuant to a letter of credit;

WHEREAS, on February 5, 2020, an Order was issued [ECF 115], granting Plaintiff's motion to certify the Amended Opinion and Order as a final judgment against Soleil Chartered Bank, pursuant to Rule 54(b).

WHEREAS, on February, 14, 2020, Plaintiff filed a letter motion, requesting entry of a money judgment against Soleil Chartered Bank, pursuant to Fed. R. Civ. P. 58. Accordingly, it is hereby:

ORDERED that Soleil Chartered Bank shall pay the following amounts to Plaintiff:

(i) Seven Million Dollars ($7,000,000.00); (ii) pre-judgment interest on the foregoing, at the legal rate of 9% per annum from September 4, 2018 to the date judgment is entered; and (iii) post-judgment interest on all of the foregoing, at the legal rate pursuant to 28 U.S.C. § 1961, from the date judgment is entered to the date of satisfaction of the judgment; and it is further

ORDERED that, consistent with this Order, the Clerk of Court is respectfully directed to enter judgment against Soleil Chartered Bank, in favor of Plaintiff.

Source:  Leagle

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