Trustees Of The New York City District Council Of Carpenters Pension Fund, Welfare Fund, Annuity Fund, and Apprenticeship, Journeyman Retraining, Educational and Industry Fund et al v. Golden Development and Construction Corp.

Filing 15

ORDER for 14 Report and Recommendations. Accordingly, I hereby ADOPT the Report and Recommendation, (Doc. 14), in its entirety. The arbitration award requiring Respondent to pay Petitioners $108,808.41, with interest to accrue at a rate of five and a half percent from the date of the award until the date of judgment, is affirmed. Petitioners are entitled to attorneys' fees and costs in the amount of $727.50. Petitioners are also entitled to post-judgment interest at the rate provided for by 28 U.S.C. § 1961, from the date of entry of judgment until it is paid. The Clerk of Court is respectfully directed to enter judgment accordingly and close the case. (Signed by Judge Vernon S. Broderick on 8/2/2017) (rj)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK X ---------------------------------------------------------: TRUSTEES OF THE NEW YORK CITY : : DISTRICT COUNCIL OF CARPENTERS PENSION FUND, WELFARE FUND, : ANNUITY FUND, AND APPRENTICESHIP, : JOURNEYMAN RETRAINING, : EDUCATIONAL AND INDUSTRY FUND, : : et al., Petitioners, : : -v: : : : GOLDEN DEVELOPMENT AND : CONSTRUCTION CORP., : Respondent. : : --------------------------------------------------------- X 8/2/2017 No. 17-CV-1051 (VSB) (JLC) ORDER VERNON S. BRODERICK, United States District Judge: On February 13, 2017, Petitioners Trustees of the New York City District Council of Carpenters Pension Fund, Welfare Fund, Annuity Fund, and Apprenticeship, Journeyman Retraining, Educational and Industry Fund; Trustees of the New York City District Council of Carpenters Relief and Charity Fund; the New York City and Vicinity Carpenters LaborManagement Corporation; and New York City District Council of Carpenters (together, “Petitioners”) filed a petition to confirm an arbitration award. (Doc. 1.) Respondent Golden Development and Construction Corp. (“Respondent”) failed to respond to the petition. On April 25, 2017, I referred the unopposed petition to Magistrate Judge James L. Cott for a determination as to liability and damages. (See Docs. 10, 12.) On July 6, 2017, Judge Cott issued a Report and Recommendation recommending that I confirm the arbitration award and, as modified, grant Petitioners’ application for attorneys’ fees and costs. (Doc. 14.) No objections have been filed and the deadline for objections has passed. See 28 U.S.C. § 636(b)(1); Fed. R. Civ. P. 72(b). I have reviewed the Report and Recommendation for clear error and find none. Accordingly, I hereby ADOPT the Report and Recommendation, (Doc. 14), in its entirety. The arbitration award requiring Respondent to pay Petitioners $108,808.41, with interest to accrue at a rate of five and a half percent from the date of the award until the date of judgment, is affirmed. Petitioners are entitled to attorneys’ fees and costs in the amount of $727.50. Petitioners are also entitled to post-judgment interest at the rate provided for by 28 U.S.C. § 1961, from the date of entry of judgment until it is paid. The Clerk of Court is respectfully directed to enter judgment accordingly and close the case. SO ORDERED. Dated: August 2, 2017 New York, New York _______________________ Vernon S. Broderick United States District Judge

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