Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-azd-2_12-cv-02119/USCOURTS-azd-2_12-cv-02119-8/pdf.json

Nature of Suit Code: 110
Nature of Suit: Insurance
Cause of Action: 28:2201 Declaratory Judgment (Insurance)

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WO 

IN THE UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF ARIZONA 

Lexington Insurance Company,

Plaintiff/ 

Counterdefendant, 

v. 

Scott Homes Multifamily Incorporated, et 

al., 

Defendants/ 

Counterclaimants.

No. CV-12-02119-PHX-JAT

JUDGMENT 

 IT IS ORDERED AND ADJUDGED AS FOLLOWS: 

 This matter was tried and the jury rendered a verdict. (Doc. 463). At the time of 

trial, Counts II, III, IV, V, VI, VII, VIII, IX, X, and XI of the Complaint (Doc. 1) 

remained. (Doc. 323 at 49). At the time of trial, Count I of the Counterclaim (Doc. 10) as 

to coverage remained. (Doc. 323 at 50). All other Counts contained in the Complaint and 

Counterclaim were dismissed prior to trial. (Doc. 323 at 49–50, Doc. 405 at 2). 

 Based on the jury’s verdict, the Court enters the following judgment on all 

remaining Counts in the Complaint and Counterclaim in favor of 

Defendants/Counterclaimants Silverbell 290 L.P. (“Silverbell”) and Scott Homes 

Multifamily, Inc. (“Scott Homes”) and orders that Silverbell shall recover from 

Plaintiff/Counterdefendant Lexington Insurance Company (“Lexington”) in the amount 

of $3,410,000.01 dollars. The amount of this judgment shall be subject to prejudgment 

interest at the rate of 10% per annum, beginning on March 5, 2013, calculated on the 

Case 2:12-cv-02119-JAT Document 486 Filed 10/30/15 Page 1 of 2
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daily average of the remaining principal balance after deducting each offset on the date of 

payment, compounded annually until the date of this judgment. The amount of this 

judgment shall be subject to post-judgment interest at the rate of 0.23% per annum. 

 Dated this 30th day of October, 2015. 

Case 2:12-cv-02119-JAT Document 486 Filed 10/30/15 Page 2 of 2