Air Lease Corporation et al v. Far Eastern Air Transport Corp.,

Filing 328

JUDGMENT AFTER TRIAL by Judge Michael W. Fitzgerald. IT IS HEREBY ORDERED, ADJUDGED AND DECREED that judgment on the merits be entered as follows: As to all remaining claims and counterclaims, judgment is entered in favor of Plaintiffs and against Defendant. Judgment is entered in favor of Plaintiffs and against Defendant in the amount of $23,374,200. (iv)

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UNITED STATES DISTRICT COURT

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CENTRAL DISTRICT OF CALIFORNIA

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AIR LEASE CORPORATION; ALC B378 ) Case No. CV 16-5601- MWF (JEMx)
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41345, LLC; AND ALC B378 37772,
) JUDGMENT AFTER TRIAL
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LLC,
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Plaintiffs/Counter-Defendants, )
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v.
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FAR EASTERN AIR TRANSPORT
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CORP.,
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Defendant/Counter-Plaintiff.
This action was filed on July 27, 2016. All claims have now been resolved, as
follows:
By the Court’s Order re: Air Lease Corp.’s Motion for Partial Summary Judgment
and Far Eastern Air Transport Corp.’s Motion for Summary Judgment (Docket No. 196),
the Court granted summary judgment in favor of Plaintiffs as to their Fifth, Sixth, and
Seventh Claims for Relief, and against Defendant as to its Third Counterclaim. The Court
additionally granted summary judgment in favor of Defendant as to Plaintiffs’ Ninth
Claim for Relief.

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The remaining claims and counterclaims came on regularly for trial on September

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25, 2018. Following a trial to the Court, the Court entered its Findings of Fact and

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Conclusions of Law. Consistent with the Findings of Fact and Conclusions of Law, and

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pursuant to Rules 54(a) and 58(b)(1)(C) of the Federal Rules of Civil Procedure,

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IT IS HEREBY ORDERED, ADJUDGED AND DECREED that judgment on the
merits be entered as follows:
1. As to all remaining claims and counterclaims, judgment is entered in favor of
Plaintiffs and against Defendant.
2. Judgment is entered in favor of Plaintiffs and against Defendant in the
amount of $23,374,200.
3. Plaintiffs are awarded simple prejudgment interest pursuant to California
Civil Code § 3289(b).
4. Plaintiffs are awarded attorneys’ fees pursuant to section 23.4 of the lease
agreements for MSN 41345 and MSN 37772.
5. Plaintiffs are awarded their costs as provided by law.

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Dated: May 29, 2019

___________________________________
MICHAEL W. FITZGERALD
United States District Judge

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