Palmco Administration, LLC v. Flower Payment, Inc.

Filing 43

CLERK'S JUDGMENT re: 42 Amended Decision & Order. in favor of Flower Payment, Inc. against Palmco Administration, LLC in the amount of $ 2,830,922.71.It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Cou rt's Amended Decision and Order dated March 06, 2025, the petition to confirm the non-domestic arbitration award filed by petitioner Palmco Administration, LLC ("Palmco") is GRANTED; it is further ORDERED that judgment against responde nt Flower Payment, Inc. ("Flower Payment") is entered in the amounts of (1) $1,646,690.02 with $604,180.08 in interest plus post-award interest of $541.38 per day from December 10, 2022 to the date of payment in full of the F inal Award ; (2) $350,275.11 in attorneys fees and costs in connection with the underlying arbitration; (3) $110,662.50 in arbitration fees and arbitrator compensation; and (4) $119,115 in attorneys' fees and costs in connection with bringing the instant petition; accordingly, the case is closed. (Signed by Clerk of Court Tammi M Hellwig on 3/6/2025) (Attachments: # 1 Notice of right to appeal) (nd)

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
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PALMCO ADMINISTRATION, LLC,
Petitioner,
-against-

23 CIVIL 7409 (VM)

JUDGMENT

FLOWER PAYMENT, INC. (F/K/A FLOWER
POWER, INC. and FLOWER POWER CO. LTD.
JAPAN A/K/A FLOWER DENRYOKY KABUSHIKI
KAISHA),
Respondent.
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It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons
stated in the Court's Amended Decision and Order dated March 06, 2025, the petition to
confirm the non-domestic arbitration award filed by petitioner Palmco Administration,
LLC ("Palmco") is GRANTED; it is further ORDERED that judgment against respondent
Flower Payment, Inc. ("Flower Payment") is entered in the amounts of (1) $1,646,690.02 with
$604,180.08 in interest plus post-award interest of $541.38 per day from December 10, 2022 to
the date of payment in full of the Final Award ; (2) $350,275.11 in attorneys fees and costs in
connection with the underlying arbitration; (3) $110,662.50 in arbitration fees and arbitrator
compensation; and (4) $119,115 in attorneys' fees and costs in connection with bringing the
instant petition; accordingly, the case is closed.
Dated: New York, New York
March 6, 2025
TAMMI M. HELLWIG
_________________________
Clerk of Court