Wegmann v. Young Adult Institute, Inc. et al

Filing 170

JUDGMENT: On May 29, 2019, the Court held a bench trial as to Plaintiff's remaining claim under ERISA. On October 31, 2019, the Court issued its Findings of Fact and Conclusions of Law, determining that Plaintiff was entitled to relief on her ERISA claim. See Wegmann v. Young Adult Inst., Inc., No. 15 Civ. 3815 (KPF), 2019 WL 5682666 (S.D.N.Y. Oct. 31, 2019). (Dkt. #165). On November 13, 2019, the Court held a hearing to determine the amount of damages owed to Plaintiff. On February 14 , 2020, the Court issued an Order determining that Plaintiff was entitled to a net annual annuity of $274,339.09, to be paid in monthly installments by Defendants commencing on January 25, 2022. (Dkt. #166). All that remains is for the Court t o determine whether attorneys' fees should be awarded to Plaintiff pursuant to 29 U.S.C. § 1132(g)(1), and if so, to determine the amount of such fees. At the parties' joint request, the Court will address these issues relating to attorneys' fees at a later date, after a contemplated appeal. (Dkt. #167). Accordingly, the Clerk of Court is directed to enter judgment in and close this case. SO ORDERED. (Signed by Judge Katherine Polk Failla on 3/3/2020) (rro)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK KAREN WEGMANN, Plaintiff, -v.YOUNG ADULT INSTITUTE, INC., TRUSTEES OF THE SUPPLEMENTAL PENSION PLAN FOR CERTAIN MANAGEMENT EMPLOYEES OF YOUNG ADULT INSTITUTE, INC., 15 Civ. 3815 (KPF) JUDGMENT Defendants. KATHERINE POLK FAILLA, District Judge: On May 29, 2019, the Court held a bench trial as to Plaintiff’s remaining claim under ERISA. On October 31, 2019, the Court issued its Findings of Fact and Conclusions of Law, determining that Plaintiff was entitled to relief on her ERISA claim. See Wegmann v. Young Adult Inst., Inc., No. 15 Civ. 3815 (KPF), 2019 WL 5682666 (S.D.N.Y. Oct. 31, 2019). (Dkt. #165). On November 13, 2019, the Court held a hearing to determine the amount of damages owed to Plaintiff. On February 14, 2020, the Court issued an Order determining that Plaintiff was entitled to a net annual annuity of $274,339.09, to be paid in monthly installments by Defendants commencing on January 25, 2022. (Dkt. #166). All that remains is for the Court to determine whether attorneys’ fees should be awarded to Plaintiff pursuant to 29 U.S.C. § 1132(g)(1), and if so, to determine the amount of such fees. At the parties’ joint request, the Court will address these issues relating to attorneys’ fees at a later date, after a contemplated appeal. (Dkt. #167). Accordingly, the Clerk of Court is directed to enter judgment in and close this case. SO ORDERED. Dated: March 3, 2020 New York, New York KATHERINE POLK FAILLA United States District Judge 2

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