BOARD OF TRUSTEES, LOCAL 888 PENSION FUND v. FIXTURE HARDWARE MFG. CORP.

Filing 16

ORDER Granting in part and denying in part 14 Motion for Default Judgment. Judgment is enter in favor of Plaintiff in the amount of $2,120,057.15 against Defendant Fixture Hardware MFG Corp. Signed by Judge John Michael Vazquez on 8/22/2017. (JB, )

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NOT FOR PUBLICATION UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY BOARD Of TRUSTEES, LOCAL 88$ PENSION FUND, Civil Action No. 16-8629 Plaint ORDER v. FIXTURE HARDWARE MFG. CORP., Defendant. John Michael Vazguez, U.S.D.J. for the reasons set forth in the accompanying Opinion, and for good cause shown, IT IS on this 22nd day of August, 2017, ORDERED that Plaintiffs motion for default judgment (D.E. 14) is GRANTED IN PART and DENIED IN PART without prejudice; and it is further ORDERED that judgment is entered in favor of Plaintiff on all counts of the Complaint; and it is further ORDERED that Plaintiff is awarded $2,120,057.15 in damages consisting of: • $1,699,833.00 in principal withdrawal liability; • $79,124.74 in prejudgment interest accrued through March 13, 2017; • $339,966.60 in liquidated damages; • $1,132.81 in costs; and • $277.65 in prejudgment interest per day from March 14, 2017 through the date of this Order; and it is further ORDERED that Plaintiff is entitled to post-judgment interest accruing from the date of this Order at the appropriate rate pursuant to 28 U.S.C. § 1961; and it is further ORDERED that Plaintiffs request for attorneys’ fees is DENIED; within fourteen days of this Order, Plaintiff may submit a supplemental declaration sufficiently describing the tasks performed to substantiate the $16,108.00 requested in attorneys’ fees; and it is further ORDERED that within thirty days, Defendant shall provide to Plaintiff a complete list of each trade or business under “common control” with Defendant, as defined by 29 U.S.C. § 1399(a); and it is further ORDERED that Plaintiff shall serve this Order and the accompanying Opinion on Defendant within ten days. / John Michael Vazquez0J!S().J. 2

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