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)

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IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA LUMBERMENS MERCHANDISING CORPORATION, Plaintiff, v. STACEY HOLDINGS, INC., Defendant. : : : : : : : 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 2

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