Trustees Of The New York City District Council Of Carpenters Pension Fund, Welfare Fund, Annuity Fund, and Apprenticeship, Journeyman Retraining, Educational and Industry Fund et al v. Champion International Construction Corp., No. 1:2018cv05881 - Document 24 (S.D.N.Y. 2018)

Court Description: MEMORANDUM OPINION AND ORDER re: 17 MOTION for Default Judgment as to filed by Trustees Of The New York City Carpenters Relief and Charity Fund, Trustees Of The New York City District Council Of Carpenters Pension Fund, Welfar e Fund, Annuity Fund, and Apprenticeship, Journeyman Retraining, Educational and Industry Fund, The New York City and Vicinity Carpenters Labor-Management Corporation. The plaintiffs' motion for a default judgment against Champion Internati onal is granted. The Clerk of Court is directed to enter judgment against Champion International and for the plaintiffs as follows: $1,174,136.37, representing the February 27, 2015, default judgment entered against Champion Construction. The interest that has accrued, at a rate of 5.25 percent per annum, between February 27, 2015, and the date of judgment in this case, on the $900,033.12 principal arbitration award. $14,381.94 in attorneys' fees and costs. Postjudgmen t interest on the entire amount noted above will accrue from the date judgment is entered at the rate provided by 28 U.S.C. § 1961 (a). Champion International, beginning within thirty days of the entry of judgment in this case, shall submit t o an audit scheduled by the plaintiffs. The plaintiffs shall immediately provide a copy of this Order to Champion International. The Court retains jurisdiction over this case with regard to contributions and damages determined to be owed to the pl aintiffs during the audit. If the plaintiffs' audit reveals that Champion International owes additional contributions or damages, the plaintiffs shall file a motion to amend this judgment accordingly within thirty days of completing the audit. SO ORDERED. (Signed by Judge John G. Koeltl on 10/30/2018) (anc) Transmission to Orders and Judgments Clerk for processing.