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Merrill Lynch, Pierce, Fenner & Smith Inc. v. Milnes

United States District Court, E.D. Pennsylvania

April 8, 2014

MERRILL LYNCH, PIERCE, FENNER & SMITH INC
v.
JAMES A. MILNES

ORDER

R. BARCLAY SURRICK, District Judge.

AND NOW, this 8th day of April, 2014, upon consideration of Petitioner's Petition to Confirm Arbitration Award and for Entry of Final Judgment (ECF No. 1) and Respondent's Cross Motion to Vacate Application/Petition (ECF No. 4), and all papers submitted in support thereof and in opposition thereto, it is ORDERED as follows:

1. Respondent's Cross Motion to Vacate Application/Petition is DENIED.
2. Petitioner's Petition to Confirm Arbitration Award and for Entry of Final Judgment is GRANTED.
3. Judgment is entered in favor of Merrill Lynch, Pierce, Fenner & Smith Inc. and against James A. Milnes as follows:

4. Respondent shall pay interest on the award at the rate of six percent from the date of the Panel's award until the entry of judgment in this case and then at the rate established by 28 U.S.C. ยง 1961.
5. Respondent shall pay all attorneys' fees and costs incurred by Petitioner in opposing Respondent's Cross Motion to Vacate Application/Petition.
6. Petitioner shall submit an itemized list of attorneys' fees and costs for review within 10 days of this Order.

IT IS SO ORDERED.


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