Document ID: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-arwd-6_06-cv-06036/USCOURTS-arwd-6_06-cv-06036-0/pdf.json

Parties Involved:
Far Eastern Shipping Company, Ltd
Petitioner
Madison Avenue Financial Group, LLC
Respondent

Document Text:

AO72A

(Rev. 8/82)

IN THE UNITED STATES DISTRICT COURT

WESTERN DISTRICT OF ARKANSAS

HOT SPRINGS DIVISION

FAR EASTERN SHIPPING COMPANY, LTD PLAINTIFF

v. Civil No. 06-6036

MADISON AVENUE FINANCIAL GROUP, LLC DEFENDANT

DEFAULT JUDGMENT

On August 15, 2006, the Court Clerk entered a default against

Defendant. On this 21 day of August 2006, upon consideration of st

Plaintiff’s motion for default judgment against Defendant and the

affidavit filed in support of the motion (Doc. 4), the Court finds

that Defendant has been duly served with process and has failed to

file an answer or otherwise defend itself against Plaintiff’s

allegations.

IT IS HEREBY ORDERED AND ADJUDGED that Plaintiff’s motion for

default judgment is GRANTED. Accordingly, the December 15, 2005

arbitration award is confirmed. Thus, it is recognized as binding

and enforceable, pursuant to the Convention on the Recognition and

Enforcement of Foreign Arbitral Awards and 9 U.S.C. §§ 201-208. 

Defendant shall pay Plaintiff the sum of $696,063.74, plus

interest at the rate of six percent (6%) per annum compounded at

three monthly rests from March 8, 2005, as specified in the

arbitration award. The arbitration award shall have the same

force and effect in all respects as a judgment in an action and it

may be enforced as if it had been rendered in an action in this

Court pursuant to 9 U.S.C. § 13. 

Case 6:06-cv-06036-RTD Document 7 Filed 08/21/06 Page 1 of 2 PageID #: <pageID>
AO72A

(Rev. 8/82)

2

IT IS SO ORDERED.

/S/ Robert T. Dawson 

Robert T. Dawson

United States District Judge

Case 6:06-cv-06036-RTD Document 7 Filed 08/21/06 Page 2 of 2 PageID #: <pageID>