Jo Ann Feikes VS Cardiovascular Surgery Associates Profit Sharing Plan, Trust, etal

Filing 151

ORDER that Plaintiff Jo Ann Feikes is entitled to pre-judgment interest in the amount of $8,273.22. Signed by Judge Lloyd D. George on 9/27/2017. (Copies have been distributed pursuant to the NEF - SLD)

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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Estate of JO ANN FEIKES, et al.,
Plaintiff,

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v.

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2:04-cv-1724-LDG-GWF

CARDIOVASCULAR SURGERY
ASSOCIATES PROFIT SHARING PLAN,
TRUST, et al.,

ORDER
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Defendants.

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The Court previously determined that plaintiff Jo Ann Feikes was entitled to pre-

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judgment interest at the average 52-week Treasury bill rate, per 28 U.S.C. § 1961, to

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correct the original lapse in timely payment of the five percent interest from the time of

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the original distribution to the time that plaintiff was paid the five percent interest. The

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Court ordered Feikes to submit a calculation of pre-judgment interest accrued on the

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untimely payments of the five percent interest for each of the 1998, 1999, and 2000

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distributions. The Court also provided the defendants an opportunity to object to the

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plaintiff’s calculation, including whether the plaintiff has used accurate historical Treasury

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bill rates for each calendar year. Feikes has submitted her calculation (ECF No. 148),

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and the defendants have filed their response (ECF No. 149). Defendants indicate that

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they do not object to either the Treasury Bill rates used by Feikes in calculating pre-

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judgment interest or her calculation of the accrued pre-judgment interest.

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With the determination of the amount of accrued pre-judgment interest owed by
defendants to plaintiff, the Court further finds that each of the plaintiff’s claims have been
resolved. Accordingly, the Court will enter a final judgment closing this matter.

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Therefore, for good cause shown,

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THE COURT ORDERS that plaintiff Jo Ann Feikes is entitled to pre-judgment

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interest in the amount of $8,273.22 to correct the original lapse in timely payment of the

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five percent interest from the time of the original distribution to the time that plaintiff was

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paid the five percent interest.

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DATED this ______ day of September, 2017.

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Lloyd D. George
United States District Judge

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