Berkley Regional Insurance Company v. May Construction Company Inc et al

Filing 18

CONSENT JUDGMENT: Berkley Regional Insurance Company shall have judgment against May Construction Company, Inc., Lewis W. May, and Debra J. May, jointly and severally, for $3,384,503.79. Post-judgment interest will accrue at 6.00% per annum from today until this Consent Judgment is paid in full. Execution and garnishment may issue in accordance with applicable law. Signed by Judge D. P. Marshall Jr. on 5/18/2015. (ks)

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IN THE UNITED STATES DISTRICT COURT EASTERN DISTRICT OF ARKANSAS WESTERN DIVISION BERKLEY REGIONAL INSURANCE COMPANY v. PLAINTIFF No. 4:14-cv-141-DPM MAY CONSTRUCTION COMPANY, INC.; LEWIS W. MAY; and DEBRA J. MAY DEFENDANTS CONSENT JUDGMENT 1. This Court has personal and subject matter jurisdiction, and venue is proper. 2. Defendants admit all the facts pleaded in the complaint, NQ 1. 3. Berkley Regional Insurance Company shall therefore have judgment against May Construction Company, Inc., Lewis W. May, and Debra J. May, jointly and severally, for $3,384,503.79. This total includes: Damages $2,987,422.94 Pre-Judgment Interest (accrued from 14 January 2013 at 6.00% per annum) + $386,971.04 Costs + $550.00 Attorney's Fees + $9,559.81 Total $3 ,384,503. 79 Post-judgment interest will accrue at 6.00 % per annum* from today until this Consent Judgment is paid in full. Execution and garnishment may issue in accordance with applicable law. So Ordered. (/ D.P. Marshall Jr. United States District Judge *The statutory rate would be .25 percent. The parties have agreed to the higher rate as part of a compromise to end this case.

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