World Financial Group, Inc. v. Artak Daldumyan

Filing 29

FINAL JUDGMENT [9 U.S.C. SECTION 9] by Judge Andre Birotte Jr.: The Court, having confirmed the Final Award, hereby ORDERS AND ADJUDGES that Cross-Petitioner Artak Daldumyan shall recover from Cross-Respondent World Financial Group, Inc. the amount o f $6,318,500.29 as of 11/20/2015, plus additional pre-judgment interest under the terms of the arbitration panel's Final Award equaling $1050.28 per day, which shall accrue from 11/21/2015 until the date of entry of this judgment, with post-judgment interest accruing thereafter at an annual rate of 0.49%, pursuant to 28 U.S.C. Section 1961, until paid in full. (gk)

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UNITED STATES DISTRICT COURT

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CENTRAL DISTRICT OF CALIFORNIA

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WORLD FINANCIAL GROUP, INC.,
a Delaware corporation,
Petitioner,

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vs.

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CASE NO. CV 15-04855-AB (JEMx)

ARTAK DALDUMYAN, an
individual,

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[PROPOSED] FINAL JUDGMENT
[9 U.S.C. § 9]

Respondent.

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ARTAK DALDUMYAN, an
individual,

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Cross-Petitioner,

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vs.
WORLD FINANCIAL GROUP, INC, a
Delaware corporation,
Cross-Respondent.

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[PROPOSED] FINAL JUDGMENT

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[PROPOSED] FINAL JUDGMENT

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On November 23, 2015, the Court granted the Unopposed Motion to Confirm

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Arbitration Award (“Motion”) brought by Cross-Petitioner Artak Daldumyan

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(“Daldumyan”).

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Daldumyan’s favor against Cross-Respondent World Financial Group, Inc. (“WFG”)

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in an underlying arbitration styled as Artak Daldumyan v. World Financial Group,

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Inc., ICDR Case No. 50210300165. The arbitration panel’s Final Award is attached

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hereto as Exhibit A, and is incorporated into, and is part of, this judgment. The Partial

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Final Award, which the arbitration panel incorporated into the Final Award by

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The Court’s Order confirmed the Final Award that issued in

reference, is attached hereto as Exhibit B.

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The Court, having confirmed the Final Award, hereby ORDERS AND

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ADJUDGES that Daldumyan shall recover from WFG the amount of $6,318,500.29

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as of November 20, 2015, plus additional pre-judgment interest under the terms of the

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arbitration panel’s Final Award equaling $1050.28 per day, which shall accrue from

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November 21, 2015 until the date of entry of this judgment, with post-judgment

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interest accruing thereafter at an annual rate of 0.49%, pursuant to 28 U.S.C. § 1961,

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until paid in full.

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IT IS SO ORDERED AND ADJUDGED.

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DATED: November 23, 2015

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HON. ANDRÉ BIROTTE JR.
UNITED STATES DISTRICT JUDGE

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[PROPOSED] FINAL JUDGMENT