Free Judgment - District Court of Arizona - Arizona


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Date: March 30, 2006
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State: Arizona
Category: District Court of Arizona
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BROENING OBERG Woons & WILSON
2 PROFESSIONAL conponmom
1630 sour:-1 STAPLEY naive
3 · sum; 210
Mesa, ARIZONA 85204
4 _ (602) 271-7700
Michael J. Ryan, #017467
5 Carrie H. Smith, #022701
6 Attorneys for PIBIHIIIT - _
7 UNITED STATES DISTRICT COURT
8 FOR THE DISTRICT OF ARIZONA
9 SWA Painting, Inc., NO. CIV-03-2364-PHX-DGC
JUDGMENT
1 l VS.
12 Golden Eagle Insurance Corporation;
Does 1-10 ; XYZ Corporations 1-100;
13 Black and White Business Entities 1-100,,
14 ` Defendants.
15
_ I6 This action came for hearing before the Court, Honorable David C. Campbell,
presiding, and the issues having been duly heard at and a decision having been duly rendered,
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18 IT IS SO ORDERED that the Plaintiff SWA Painting recover from Defendant
19 Golden Eagle Insurance Company the sum of $500,000 pursuant to the Damron Agreement l
20 entered into between Plaintiff and non-party CMS Painting in March of 2002, and
21 subsequently lodged in Maricopa County Superior Court on October 10, 2003. That the
22 amount of $5 00,000 was liquidated as of the date ofthe Damron Agreement pursuant to the
23 language in the Damron Agreement.
24 IT IS FURTHER ORDERED that Plaintiff SWA Painting recover from .
25 Defendant Golden Eagle Insurance Company prejudgment interest thereon pursuant_to the
Agfa rr.
26 Dczmron Agreement and A.R.S. §44—1201 (A), beginning in March, 2002 and
Case 2:03-cv-02364-DGC Document 149 Filed O3/30/2006 Page 1 of 2

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1 gmen-thly at a rate of 10%Auntil the date of this judgment.
2 IT IS FURTHER ORDERED that Plaintiff SWA Painting recover post-
3 judgment interest thereon pursuant to 28 U.S.C. §l96l at the federal funds rate of ·<_.gg‘_?per I
4 annum.
5 IT IS FURTHER ORDERED that Plaintiff SWA Painting recover attorneys
6 fees and costs, which will be considered by the Court or Clerk of the Court on separate
7 judgment. A
S IT IS FURTHER ORDERED that Plaintiff SWA Painting‘s bad faith and
9 punitive damages claims are dismissed without prejudice pursuant to the stipulation of the
10 parties. 6
ll DONE IN OPEN COURT this %_/_fdIay of M/]¤•’VL , 200,%
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Case 2:03-cv-02364-DGC

Document 149

Filed 03/30/2006

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Case 2:03-cv-02364-DGC

Document 149

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