Smagin v. Yegiazaryan, 14-cv-09764-R (PLAx). (2016)
Court: District Court, C.D. California
Number: infdco20160405876
Visitors: 1
Filed: Mar. 31, 2016
Latest Update: Mar. 31, 2016
Summary: JUDGMENT [Fed.R.Civ.P. 58; Local Rule 58-1] MANUEL L. REAL , District Judge . 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 R
Summary: JUDGMENT [Fed.R.Civ.P. 58; Local Rule 58-1] MANUEL L. REAL , District Judge . 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 Ru..
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JUDGMENT
[Fed.R.Civ.P. 58; Local Rule 58-1]
MANUEL L. REAL, District Judge.
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.
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.
Source: Leagle
