LUMBERMANS MERCHANDISING CORPORATION v. STACEY HOLDINGS, INC.

Filing 47

MEMORANDUM AND ORDER THAT PLAINTIFF'S MOTION FOR DEFAULT JUDGMENT 40 IS GRANTED AND THAT JUDGMENT IS ENTERED AGAINST DEFENDANT STACEY AS FOLLOWS: 1. Plaintiff Lumbermens is awarded damages against Defendant Stacey for a total of $177,430 .44, which is broken down as follows:a. $132,622.82 owed to Plaintiff Lumbermens by Defendant Stacey for lumber and related building materials; andb. $44,807.62 owed to Plaintiff Lumbermens by Defendant Stacey for interest charges and quart erly account maintenance fees. 2. Plaintiff Lumbermens is awarded $44,911 in attorneys fees, costs, and expenses (see ECF No. 45). 3. Plaintiff Lumbermens is awarded prejudgment interest (6%) against Defendant Stacey in the amount of $ 10,386.17. 4. Plaintiff Lumbermens is, therefore, awarded a total amount inclusive of damages, attorneys fees, and prejudgment interest of $232,727.61.5. Plaintiff Lumbermens is awarded post-judgment interest, to be calculated pursuant to 28 U.S.C. § 1961. SIGNED BY DISTRICT JUDGE CHAD F. KENNEY ON 11/22/24. 11/22/24 ENTERED & E-MAILED.(fdc)

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
LUMBERMENS MERCHANDISING
CORPORATION,
Plaintiff,
v.
STACEY HOLDINGS, INC.,
Defendant.

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CIVIL ACTION

NO. 24-cv-01111

ORDER
AND NOW, this 22nd day of November 2024, upon consideration of Plaintiff
Lumbermens Merchandising Corporation (“Lumbermens”)’s Motion for Default Judgment (ECF
No. 40), and following an evidentiary hearing on the motion on November 14, 2024, at which
Defendant Stacey Holdings, Inc. (“Stacey”) did not appear, and for the reasons stated in the
accompanying memorandum, it is hereby ORDERED this the Motion is GRANTED and that
judgment is entered against Defendant Stacey as follows:
1. Plaintiff Lumbermens is awarded damages against Defendant Stacey for a total of
$177,430.44, which is broken down as follows:
a. $132,622.82 owed to Plaintiff Lumbermens by Defendant Stacey for lumber and
related building materials; and
b. $44,807.62 owed to Plaintiff Lumbermens by Defendant Stacey for interest
charges and quarterly account maintenance fees.
2. Plaintiff Lumbermens is awarded $44,911 in attorneys’ fees, costs, and expenses (see
ECF No. 45).
3. Plaintiff Lumbermens is awarded prejudgment interest (6%) against Defendant Stacey
in the amount of $10,386.17.

4. Plaintiff Lumbermens is, therefore, awarded a total amount inclusive of damages,
attorneys’ fees, and prejudgment interest of $232,727.61.
5. Plaintiff Lumbermens is awarded post-judgment interest, to be calculated pursuant to
28 U.S.C. § 1961.

BY THE COURT:
/s/ Chad F. Kenney
CHAD F. KENNEY, JUDGE

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