Casa Express Corp v. Bolivarian Republic of Venezuela, No. 1:2018cv11940 - Document 83 (S.D.N.Y. 2020)

Court Description: AMENDED FINAL JUDGMENT: NOW, amending and restating in its entirety the Judgment previously entered in favor Casa Express Trust and against the Republic (ECF No. 77), it is hereby ORDERED, ADJUDGED, AND DECREED that Casa Express Trust shall reco ver from the Republic as follows: 1. With respect to Casa Express Trust's beneficial ownership of $1,845,000 principal amount of the series of bonds issued by the Republic designated ISIN US922646AT10, Casa Express Trust shall recover from the Republic: (i) $1,845,000 (representing unpaid principal due August 15, 2018); plus (ii) $754,143.78 (representing six due and unpaid biannual interest payments due on February 15, 2018, August 15, 2018, February 15, 2019, August 15, 201 9, February 15, 2020, and August 15, 2020); plus (iii) $94,712.19 (representing 9% simple interest, the statutory pre-judgment interest rate, accruing through October 7, 2020, on each of the six due and unpaid biannual interest payments not ed in the previous clause); plus (iv) $36,310.63 (representing interest on the $1,845,000 in unpaid principal at the rate of $13.625% computed starting on August 16, 2020, and ending on October 7, 2020); plus (v) $7,958.07 (r epresenting an additional $884.23 per day in contract interest on unpaid principal and statutory pre-judgment interest on unpaid biannual interest for each calendar day following October 7, 2020, through October 16, 2020); plus (vi) attorney 9;s fees and costs in the amount of $150,000; plus (vii) post-judgment interest as set forth in 28 U.S.C. § 1961(a). 2. With respect to Casa Express Trust's beneficial ownership of $27,170,000 principal amount of the series of bon ds issued by the Republic designated ISIN USP9395PAA95, Casa Express Trust shall recover from the Republic: (i) $27,170,000 (representing unpaid principal due August 15, 2018); plus (ii) $11,105,737.50 (representing six due and unpaid biann ual interest payments due on February 15, 2018, August 15, 2018, February 15, 2019, August 15, 2019, February 15, 2020, and August 15, 2020); plus (iii) $1,394,758.92 (representing 9% simple interest, the statutory pre-judgment interest rat e, accruing through October 7, 2020, on each of the six due and unpaid biannual interest payments noted in the previous clause); plus (iv) $534,720.69 (representing interest on the $27,170,000 in unpaid principal at the rate of $13.625 % computed starting on August 16, 2020, and ending on October 7, 2020); plus (v) $117,193.41 (representing an additional $13,021.49 per day in contract interest on unpaid principal and statutory pre-judgment interest on unpaid biannua l interest for each calendar day following October 7, 2020, through October 16, 2020); plus (vi) attorney's fees and costs in the amount of $l 50,000;plus (vii) post-judgment interest as set forth in 28 U.S.C. § 1961(a). It is further ORDERED that, until further notice from the Court, Casa Express Trust must refrain from selling or otherwise transferring its beneficial interests in the bonds involved in this action without advising the Court in advance and obtaining permission of the Court. SO ORDERED. (Signed by Judge Analisa Torres on 11/23/2020) (kv) Transmission to Finance Unit (Cashiers) for processing.

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Casa Express Corp v. Bolivarian Republic of Venezuela Doc. 83 Case 1:18-cv-11940-AT Document 83 Filed 11/23/20 Page 1 of 3 Dockets.Justia.com Case 1:18-cv-11940-AT Document 83 Filed 11/23/20 Page 2 of 3 1. With respect to Casa Express Trust’s beneficial ownership of $1,845,000 principal amount of the series of bonds issued by the Republic designated ISIN US922646AT10, Casa Express Trust shall recover from the Republic: (i) $1,845,000 (representing unpaid principal due August 15, 2018); plus (ii) $754,143.78 (representing six due and unpaid biannual interest payments due on February 15, 2018, August 15, 2018, February 15, 2019, August 15, 2019, February 15, 2020, and August 15, 2020); plus (iii) $94,712.19 (representing 9% simple interest, the statutory pre-judgment interest rate, accruing through October 7, 2020, on each of the six due and unpaid biannual interest payments noted in the previous clause); plus (iv) $36,310.63 (representing interest on the $1,845,000 in unpaid principal at the rate of $13.625% computed starting on August 16, 2020, and ending on October 7, 2020); plus (v) $7,958.07 (representing an additional $884.23 per day in contract interest on unpaid principal and statutory pre-judgment interest on unpaid biannual interest for each calendar day following October 7, 2020, through October 16, 2020); plus (vi) attorney’s fees and costs in the amount of $150,000; plus (vii) postjudgment interest as set forth in 28 U.S.C. § 1961(a). 2. With respect to Casa Express Trust’s beneficial ownership of $27,170,000 principal amount of the series of bonds issued by the Republic designated ISIN USP9395PAA95, Casa Express Trust shall recover from the Republic: (i) $27,170,000 (representing unpaid principal due August 15, 2018); plus (ii) $11,105,737.50 (representing six due and unpaid biannual interest payments due on February 15, 2018, August 15, 2018, February 15, 2019, August 15, 2019, February 15, 2020, and August 15, 2020); plus (iii) $1,394,758.92 (representing 9% simple interest, the statutory pre-judgment interest rate, accruing through October 7, 2020, on each of the six due and unpaid biannual interest payments noted in the previous clause); plus (iv) $534,720.69 (representing interest on the $27,170,000 in unpaid principal at the rate of $13.625% computed 2 Case 1:18-cv-11940-AT Document 83 Filed 11/23/20 Page 3 of 3

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