SIEMATIC MOBELWERKE GMBH & CO. KG v. SIEMATIC CORPORATION et al

Filing 160

ORDER to MEMORANDUM AND/OR OPINION (DOC. #159) - UPON CONSIDERATION OF THE PARTIES' RESPONSES TO THE COURT'S ORDER OF JULY 15, 2009 (DOC. #138) SEE PLAINTIFF SIEMATIC MOBELWERKE GMBH & CO KGJ'S ("SMG") MEMORANDUM OF LAW ADDRE SSING PROPOSED FORMULA (DOC. #142) AND DEFENDANT SIEMATIC CORPORATION'S ("SMC") RESPONSE (DOC. #152), IT IS ORDERED THAT JUDGMENT IS ENTERED IN FAVOR OF SMG AND AGAINST SMC ON COUNT I OF SMG'S COMPLAINT... IT IS FURTHER ORDERED T HAT POST-JUDGMENT INTEREST WILL ACCUMULATE FROM THE DATE JUDGMENT IS ENTERED PURSUANT TO 28.U.S.C. SS 1961.... INTEREST SHALL BE COMPUTED DAILY TO THE DATE OF PAYMENT AND SHALL BE COMPOUNDED ANNUALLY. ID. AT SS 1961(b).. SIGNED BY HONORABLE ANITA B. BRODY ON 11/3/2009. 11/4/2009 ENTERED AND COPIES VIA ECF AND U.S. MAIL.(mo, )

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA SIEMATIC MÖBELWERKE GmbH & Co. KG, Plaintiff, v. SIEMATIC CORPORATION, et al. Defendants. : : : : : : : : : :

CIVIL ACTION

No. 06-5165

ORDER AND NOW, this ___3rd___ day of November, 2009, upon consideration of the parties' responses to the Court's Order of July 15, 2009 (Doc. #138), see Plaintiff SieMatic Möbelwerke GmbH & Co. KG's ("SMG") Memorandum of Law Addressing Proposed Formula (Doc. #142) and Defendant SieMatic Corporation's ("SMC") Response (Doc. #152), it is ORDERED that JUDGMENT is entered in favor of SMG and against SMC on Count I of SMG's Complaint in the amount of $3,817,077.81. This amount equals the sum of (1) $1,423,327.30 (2004 Loan Debt, including prejudgment interest); and (2) $2,393,750.51 (Trade Debt, including prejudgment interest). It is further ORDERED that post-judgment interest will accumulate from the date judgment is entered pursuant to 28 U.S.C. § 1961. Post-judgment interest shall be calculated at a rate equal to the weekly average 1-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding the date of judgment. Id. at § 1961(a). Interest shall be computed daily to the date of payment and shall be compounded annually. Id. at § 1961(b).

s/Anita B. Brody

__________________ ANITA B. BRODY, J.

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