Tradewinds Ltd., v. Grupo Dolphin Discovery et al

Filing 31

JUDGMENT by Judge R. Gary Klausner. ORDERED AND ADJUDGED that Group Dolphin Discovery and Controladora Dolphin, S.A. de C.V. shall pay Tradewinds Ltd. the amount of $3,678,419.13 (the "Capital Amount"). This total is comprised of: &# 036;2,875,000.00, the "Principal Amount"; plus $286,060.00 in arbitration attorney's fees, plut $47,979.73 in arbitration costs, plus $469,379.40 in pre-judgment intererst (interest on the principal amount at 10% per annum, or $787.65 per day (as provided by the arbitration award, D.E. 1-3, 15, p. 33-34 and "Award", B,p.36), from October 9, 2015 until June 5, 2017. (MD JS-6, Case Terminated). (bp)

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JS-6 1 2 3 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 WESTERN DIVISION 11 12 13 14 IN THE MATTER OF THE ARBITRATION BETWEEN TRADEWINDS LTD., d/b/a TRADEWINDS CONSULTING, LTD. 15 16 17 18 19 20 Case No. 2:17-cv-01292-RGK-RAO Assigned to Hon. R. Gary Klausner Ctrm. 850 [PROPOSED] JUDGMENT Petitioner, v. GRUPO DOLPHIN DISCOVERY and CONTROLADORA DOLPHIN S.A. de C.V., Petition Filed: February 16, 2017 Respondents. 21 22 23 THIS CAUSE came before the Court on the Petition To Confirm 24 Arbitration Award filed by Petitioner Tradewinds Ltd., d/b/a Tradewinds 25 Consulting, Ltd. (“Petitioner” or “Tradewinds”). Having reviewed the parties’ 26 submissions and the applicable law, and having confirmed the underlying 27 arbitration award, the Court hereby enters judgment against Respondents 28 1 [PROPOSED] JUDGMENT 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Grupo Dolphin Discovery and Controladora Dolphin S.A. de C.V. (“Respondents”) as follows: An arbitration was conducted and resulted in a foreign arbitral award entered in favor of Petitioner and against Respondents on October 11, 2016. The award was confirmed by this Court on May 31, 2017 [D.E. 27]. Therefore, pursuant to the Federal Arbitration Act, 9 U.S.C. § 1 et seq., this Court hereby enters judgment consistent with the October 11, 2016 award. Therefore, it is ORDERED AND ADJUDGED that Grupo Dolphin Discovery and Controladora Dolphin, S.A. de C.V. shall pay Tradewinds Ltd. the amount of $3,678,419.13 (the “Capital Amount”). This total is comprised of: $2,875,000.00, the “Principal Amount”; plus $286,060.00 in arbitration attorney’s fees, plus $47,979.73 in arbitration costs, plus $469,379.40 in pre-judgment interest (interest on the principal amount at 10% per annum, or $787.65 per day (as provided by the arbitration award, D.E. 1-3, §15, p. 33-34 and “Award”, §B, p. 36), from October 9, 2015 until June 5, 2017); It is FURTHER ORDERED AND ADJUDGED that in addition, Grupo Dolphin Discovery and Controladora Dolphin, S.A. de C.V. shall pay Tradewinds Ltd. additional prejudgment interest on the Principal Amount at the rate of $787.65 per day for each day from June 5, 2017 until this judgment is entered, and that these amounts should be added to the Capital Amount up until the date that this judgment is entered. It is FURTHER ORDERED AND ADJUDGED that in addition, pursuant to 28 U.S.C. §1961, Grupo Dolphin Discovery and Controladora Dolphin, S.A. de C.V. shall pay Tradewinds Ltd. postjudgment interest at the rate of 1.16% per annum on the Capital Amount or any portion thereof that remains unpaid. 28 2 [PROPOSED] JUDGMENT 1 2 3 4 5 It is FURTHER ORDERED AND ADJUDGED that this Court shall retain jurisdiction to award to Tradewinds Ltd. additional attorneys’ fees and costs relating to the confirmation of the October 11, 2016 arbitration award and the collection of this judgment, and shall retain jurisdiction to award to Tradewinds Ltd. additional interest as provided by this judgment. 6 7 8 9 10 Dated: June 07, 2017 _______________________ United States District Judge 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3 [PROPOSED] JUDGMENT 1 Submitted by: 2 Travis A. Corder (SBN # 237575) Email: travisacorder@gmail.com CORDER LAW OFFICE 11355 W. Olympic Blvd., Ste. 200 Los Angeles, CA 90064 Telephone: (310) 775-5762 Facsimile: (310) 861-0320 3 4 5 6 7 Attorney for Petitioner TRADEWINDS LTD., d/b/a TRADEWINDS CONSULTING, LTD. 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 4 [PROPOSED] JUDGMENT

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