Filed: Apr. 24, 2019
Latest Update: Apr. 24, 2019
Summary: SUPPLEMENTAL FINAL JUDGMENT AGAINST KAPLAN ENTITIES FOR FEES AND EXPENSES 1 ELIZABETH A. KOVACHEVICH , District Judge . This cause came before the Court on the motion of Plaintiff Regions Bank for entry of supplemental final judgment against R1A Palms, LLC, MK Investing, LLC, BNK Smith, LLC, and Triple Net Exchange, LLC (collectively, "Kaplan Entities") for reasonable attorney's fees, costs and expenses (DE 895). Based on the order granting in part and denying in part Regions' objections
Summary: SUPPLEMENTAL FINAL JUDGMENT AGAINST KAPLAN ENTITIES FOR FEES AND EXPENSES 1 ELIZABETH A. KOVACHEVICH , District Judge . This cause came before the Court on the motion of Plaintiff Regions Bank for entry of supplemental final judgment against R1A Palms, LLC, MK Investing, LLC, BNK Smith, LLC, and Triple Net Exchange, LLC (collectively, "Kaplan Entities") for reasonable attorney's fees, costs and expenses (DE 895). Based on the order granting in part and denying in part Regions' objections t..
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SUPPLEMENTAL FINAL JUDGMENT AGAINST KAPLAN ENTITIES FOR FEES AND EXPENSES1
ELIZABETH A. KOVACHEVICH, District Judge.
This cause came before the Court on the motion of Plaintiff Regions Bank for entry of supplemental final judgment against R1A Palms, LLC, MK Investing, LLC, BNK Smith, LLC, and Triple Net Exchange, LLC (collectively, "Kaplan Entities") for reasonable attorney's fees, costs and expenses (DE 895). Based on the order granting in part and denying in part Regions' objections to the report and recommendation on its fee motion, (DE 1004), and for the reasons therein, the Court hereby orders and adjudges as follows:
1. Regions, whose address is c/o Regions Bank, Legal Department, 1900 Fifth Avenue North, 22nd Floor, Birmingham, AL 35203, shall recover from Kaplan Entities, whose address is 50 Central Ave., 1702, Sarasota, FL 34236, as follows:
(a) R1A:
(i) Principal of fees and costs: $385,260.17
(ii) Prejudgment interest from 4/18/16,
the date entitlement was granted,2
to the date of entry of this judgment:3 $62,406.26
Total Sum: $447,666.43
(b) TNE:
(i) Principal of fees and costs: $177,487.32
(ii) Prejudgment interest from 4/18/16,
the date entitlement was granted,
to the date of entry of this judgment:4 $28,750.23
Total Sum: $206,237.55
(c) MKI:
(i) Principal of fees and costs: $123,959.39
(ii) Prejudgment interest from 4/18/16,
the date entitlement was granted,
to the date of entry of this judgment:5 $20,079.53
Total Sum: $144,038.92
(d) BNK:
(i) Principal of fees and costs: $17,607.87
(ii) Prejudgment interest from 4/18/16,
the date entitlement was granted,
to the date of entry of this judgment:6 $2,852.21
Total Sum: $20,460.08
2. The Total Sum for each Kaplan Entity, for which let execution issue forthwith, shall initially bear post-judgment interest at 6.57%, as adjusted from time to time by the Chief Financial Officer of the State of Florida, as prescribed by § 55.03(1), Fla. Stat.
3. The Court retains jurisdiction to enter further appropriate orders.
Done and Ordered.
