BTIG, LLC v. Floyd Associates, Inc. et al

Filing 96

JUDGMENT by Judge Dale S. Fischer. (SEE JUDGMENT FOR SPECIFICS) (bp)

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UNITED STATES DISTRICT COURT

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CENTRAL DISTRICT OF CALIFORNIA

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BTIG LLC,
Petitioner,

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Case No. CV 17-0921 DSF (SSx)
JUDGMENT

v.
FLOYD ASSOCIATES, INC.; JACQUES
TIZABI; BHP INTERNATIONAL
MARKETS LIMITED; SCOTT C.
DOREY; MARC WADE; MARK E.
VALENTINE; JAY MARTIN CHAPLER;
and DAVID HERSH CONNORS,
Respondents.

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Pursuant to the Court’s June 12, 2017 Order granting Petitioner BTIG LLC’s

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(BTIG) petition to confirm an arbitral award issued on December 27, 2016 in the

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FINRA arbitration BTIG LLC v. Floyd Associates, Inc., et al., Case No. 14-00937

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(Award) and denying Respondent Scott C. Dorey’s (Dorey) petition to vacate the

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Award,

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IT IS HEREBY ORDERED, ADJUDGED and DECREED:

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1.

That the Award is confirmed in favor of BTIG as to Floyd Associates,

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Inc., Jacques Tizabi, BHP International Markets Limited, Dorey, Mark E.

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Valentine, and David Hersh Connors.

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2.

In conformity with the Award, IT IS FURTHER ORDERED,

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ADJUDGED and DECREED that Floyd Associates, Inc., Jacques Tizabi,

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BHP International Markets Limited, Dorey, Mark E. Valentine, and

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David Hersh Connors, being jointly and severally liable to BTIG, shall

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pay to BTIG:
a. $19,209,773.00 (USD);

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b. $629,585.42 (USD) in post-award, pre-judgment interest under

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California law for the period from December 27, 2016 to June 12,

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2017;

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c. 1.21% interest per annum on $19,839,358.42 (USD), as prescribed

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by 28 U.S.C. § 1961, from the date of this order until the date of

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full payment; and

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3.

That the Court will retain jurisdiction over this matter to amend this

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Judgment if necessary to account for additional monies actually

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recovered by BTIG to avoid its double recovery.

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THEREFORE IT IS ORDERED that Judgment in favor of Petitioner BTIG and

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against Respondents Floyd Associates, Inc., Jacques Tizabi, BHP International

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Markets Limited, Scott C. Dorey, Mark E. Valentine, and David Hersh Connors shall

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be entered accordingly.

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Dated: 6/20/17

__________________________
Hon. Dale S. Fischer
United States District Judge

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