Opinion ID: 78449
Heading Depth: 1
Heading Rank: 9

Heading: amended final order

Text: For the reasons stated in the memorandum opinion entered contemporaneously, the court hereby GRANTS Defendant American Multi-Cinema's Motion for Partial Relief For Judgment Pursuant to Rule 60(b)(5) (doc. 59) and Plaintiffs' Motion to Amend or Modify Final Order (doc. 61). Accordingly, the court amends and restates its judgment of May 1, 2008 as follows: This case is before the court on remand from the Eleventh Circuit Court of Appeals. See AIG Baker Sterling Heights, L.L.C. v. American Multi-Cinema, Inc., 508 F.3d 995 (11th Cir. 2007). For the reasons stated in the memorandum opinion entered on May 1, 2008, the court CONFIRMS the arbitrators' award of $866,425.18 and ENTERS JUDGMENT in favor of Plaintiffs AIG Baker Sterling Heights, L.L.C. and A.B. Olathe II Limited Partnership, jointly, in the amount of $1,151,523.31 ($866,425.18 plus $285,098.13 in prejudgment interest, consistent with the Plaintiffs' calculation in doc. 49). Pursuant to Rule 60(b)(5), the court grants Defendant American Multi-Cinema, Inc. (AMC) partial relief from this court's judgment in the amount of $326,197.52, representing $226,771.76 in taxes previously paid to the taxing authority plus $99,425.76 in prejudgment interest on that amount, with a net balance of $825,325.79 due directly to Plaintiffs. AMC has already paid Plaintiffs $539,375.75, and deposited with the court $285,950.44, which the Clerk of Court disbursed to Plaintiffs' counsel on June 16, 2008. Therefore, nothing remains to be paid on the judgment. [1] This judgment shall not be duplicative of the arbitration award itself, and Plaintiffs may not seek to recover double this amount by enforcing both the arbitration award and this judgment. [2] The costs incurred in this proceeding are taxed as paid. DONE and ORDERED this 17th day of July, 2008. /s/ Karon O. Bowdre KARON OWEN BOWDRE UNITED STATES DISTRICT JUDGE