AGCS Marine Insurance Company v. World Fuel Services, Inc. et al, No. 1:2014cv05902 - Document 147 (S.D.N.Y. 2016)

Court Description: OPINION & ORDER re: 127 MOTION to Strike Document No. [106-1, 106-3, 106-4, 119-1 & 119-2] , filed by AGCS Marine Insurance Company; re: 134 MOTION to Strike Document No. [126 and 125] Motion to Strike Paragraph 3 of the Re ply Declaration of Kevin J.B. OMalley (ECF Document No. 126) and All Other References to Alleged Statements Made by Martin Myers in AGCSs Reply Brief ECF Doc. No, filed by World Fuel Services, Inc., World Fuel Services Europe, Ltd. For the foregoing reasons, the Court finds that the valuation clause in the Policy between World Fuel and AGCS refers to the "re-sale" invoice in the amount of $17,910,833.28, rather than the "supply invoice," and that W orld Fuel is entitled to prejudgment interest at the New York statutory rate of 9%, starting on March 2, 2014. The Court directs the parties to submit, by one week from today, a proposed judgment, consistent with these parameters. The Clerk of Court is respectfully directed to terminate the motions pending at Dkts. 127 and 134. (As further set forth in this Opinion) (Signed by Judge Paul A. Engelmayer on 11/11/2016) (kl)