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UNITED STATES FIDELITY & GUARANTY COMPANY v. BRASILEIRO

United States District Court, S.D. New York


April 8, 2005.

UNITED STATES FIDELITY & GUARANTY COMPANY and AMERICAN HOME ASSURANCE COMPANY, Plaintiffs,
v.
PETROLEO BRASILEIRO S.A.-PETROBRAS, et al., Defendants.

The opinion of the court was delivered by: THEODORE KATZ, Magistrate Judge

AMENDED MEMORANDUM OPINION AND ORDER

This Court having issued a Memorandum Opinion and Order on March 29, 2005, and the Clerk having entered an Amended Judgment on April 8, 2005, it is hereby ORDERED:

1. The "Conclusion" of the Memorandum Opinion and Order is hereby amended as follows:

 

The Clerk shall enter an Amended Judgment against Defendants, jointly and severally, as follows:
1. In favor of the Sureties in the amount of $7,729,592, for losses and expenses in connection with the P-31 Bond, plus prejudgment interest at the rate of 9% per annum, from November 8, 1998 until the date of entry of judgment.
  2. In favor of USF&G alone, in the amount of $3,751,898.72, for losses and expenses in connection with the Port of New Orleans Bond, plus prejudgment interest at the rate of 9% per annum, from November 6, 1999 until the date of entry of judgment. 2. An Amended Judgment shall be entered to reflect the above change.

  SO ORDERED.

20050408

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