Alabama Municipal Insurance Corporation v. Ravello Solutions, LLC et al

Filing 48

JUDGMENT directing as follows: (1) 36 Plf Alabama Municipal Insurance Corporations 36 motion to lift stay and confirm arbitration award is granted to the extent that the stay is lifted and the arbitral award is confirmed as set forth in i t against defendants Ravello Solutions, LLC, Cheyenne Holdings, LLC, and Thomas Rosencrants ; (2) plf shall have and recover from def Ravello Solutions, LLC the sum of $ 475,000 for breach of contract; Plaintiff shall have and recover from def endant Cheyenne Holdings, LLC the sum of $ 300,000 for breach of contract; (4) The fees and expenses of arbitration totaling $ 28,122.35 are taxed against defendants RavelloSolutions, LLC, Cheyenne Holdings, LLC, and Rosencrants in equal shares, as further set out in order ; (5) Plf shall have and recover from defs Ravello Solutions, LLC, Cheyenne Holdings, LLC, and Rosencrants post-award and pre-judgment interest on all portions of the award., as further set out in order; furt her ORDERING that the parties provide notice by 10/1/2018, of their intent to submit any additional motions, including motions for post-judgment discovery or Fed.R.Civ.P. 11 sanctions ; directing the clerk to enter this document on the civil docket as a final judgment pursuant to Rule 58 FRCP; this case remains closed. Signed by Honorable Judge Myron H. Thompson on 9/4/18. (djy, )

IN THE DISTRICT COURT OF THE UNITED STATES FOR THE
MIDDLE DISTRICT OF ALABAMA, NORTHERN DIVISION

ALABAMA MUNICIPAL INSURANCE )
CORPORATION,
an
Alabama )
non-profit company,
)
)
Plaintiff,
)
)
v.
)
)
RAVELLO SOLUTIONS, LLC, a
)
foreign company, et al.,
)
)
Defendants.
)

CIVIL ACTION NO.
2:15cv685-MHT
(WO)

JUDGMENT
Upon consideration of the motion to lift stay and
petition to confirm arbitration award (doc. no. 36),
and the responses and replies to the motion, and the
court being of the opinion that the award is clear
enough to be confirmed, it is ORDERED as follows:
(1) Plaintiff
Corporation’s

Alabama

motion

to

Municipal
lift

stay

Insurance
and

confirm

arbitration award (doc no. 36) is granted to the extent
that

the

stay

is

lifted

and

the

arbitral

award

is

confirmed as set forth in it against defendants Ravello

Solutions,

LLC,

Cheyenne

Holdings,

LLC,

and

Thomas

Rosencrants.
(2) Plaintiff
Corporation

shall

Alabama
have

and

Municipal
recover

Insurance

from

defendant

Ravello Solutions, LLC the sum of $ 475,000 for breach
of contract.
(3) Plaintiff
Corporation

shall

Alabama
have

and

Municipal
recover

Insurance

from

defendant

Cheyenne Holdings, LLC the sum of $ 300,000 for breach
of contract.
(4) The fees and expenses of arbitration totaling
$ 28,122.35

are

taxed

against

defendants

Ravello

Solutions, LLC, Cheyenne Holdings, LLC, and Rosencrants
in

equal

shares.

To

the

extent

that

defendant

Rosencrants has paid more than his share of arbitration
expenses, Alabama Municipal Insurance Corporation shall
return the excess amount.
(5) Plaintiff
Corporation
Ravello

shall

Solutions,

Alabama
have
LLC,

and

Municipal
recover

Cheyenne

from

Holdings,

Insurance
defendants
LLC,

and

Rosencrants post-award and pre-judgment interest on all
portions

of

the

award.

The

interest

shall

be

calculated at the rate dictated by the 1975 Ala. Code
§ 8-8-10, for the period beginning on the date of the
arbitrator’s final award on August 12, 2016.
It

is

further

ORDERED

that

the

parties

provide

notice by October 1, 2018, of their intent to submit
any

additional

motions,

including

motions

for

post-judgment discovery or Fed.R.Civ.P. 11 sanctions.
The clerk of the court is DIRECTED to enter this
document

on

the

civil

pursuant

to

Rule

58

of

docket
the

as

a

Federal

final
Rules

judgment
of

Civil

Procedure.
This case remains closed.
DONE, this the 4th day of September, 2018.
/s/ Myron H. Thompson
UNITED STATES DISTRICT JUDGE