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LANZAFAME v. TRIBEC LTD.

United States District Court, S.D. New York


August 17, 2005.

SANTO LANZAFAME in his fiduciary capacity as a Trustee of THE STONE SETTERS LOCAL 84 PENSION FUND, ANNUITY FUND, VACATION FUND, APPRENTICE FUND and INDUSTRY PROMOTION FUND and as a Trustee of the BRICKLAYERS LOCAL NO. 1 WELFARE AND INSURANCE FUND and as President of the BRICKLAYERS AND ALLIED CRAFTWORKERS, LOCAL UNION NO. 1, NEW YORK, B.A.C.I.U., AFL-CIO, Plaintiffs,
v.
TRIBEC LTD., ADAM OTTAVINO and JOHN or JANE DOE FIDUCIARY, Defendants.

The opinion of the court was delivered by: LEWIS KAPLAN, District Judge

PROPOSED JUDGMENT

On or about June 2004, the parties entered into a Stipulation of Judgment executed by Defendants on June 8, 2004 in which Defendants agreed to pay a debt to Plaintiffs in the amount of $250,000.00 less any payments previously made on account of said sum. Defendants have thus far paid $47,500.00 and have failed to cure their default. The Court hereby directs the Clerk of the Court to enter judgment against Defendants in the amount of $202,500.00 and Plaintiffs shall be entitled to all additional interest, costs and attorneys' fees and expenses in conjunction with the collection and enforcement of the judgment.

SO ORDERED.

20050817

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