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Banco Central Del Paraguay v. Paraguay Humanitarian Foundation

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK


July 28, 2008

BANCO CENTRAL DEL PARAGUAY, ON BEHALF AND AS ASSIGNEE OF BANCO: UNION S.A.E.C.A. IN LIQUIDATION: AND BANCO ORIENTAL S.A.I.F.E.C.A. IN LIQUIDATION, PLAINTIFF,
v.
PARAGUAY HUMANITARIAN FOUNDATION, INC. F/K/A CQZ HUMANITARIAN FOUNDATION, INC., CQZ HOLDING CORP., AVIJOS, INC., JOSE M. AVILA, RONALD L. WOLFSON AND JORGE RALPH GALLO QUINTERO, PRINCIPAL DEFENDANTS.

The opinion of the court was delivered by: John F. Keenan, United States District Judge

MEMORANDUM OPINION and ORDER

By Order dated January 4, 2006, the Court entered partial summary judgment in favor of Plaintiff Banco Central de Paraguay ("Banco Central" or "Plaintiff") on Banco Central's claim of conversion (Count I of Banco Central's Amended Complaint). By Order dated November 29, 2006, the Court granted Banco Central's motion to dismiss its remaining claims (Counts II and III of the Amended Complaint) without prejudice. On September 5, 2007, the Court denied Principal Defendants' "Motion for a New Trial Under FRCP 59," by which the Principal Defendants sought to overturn the Court's grant of summary judgment on Count I. Principal Defendants subsequently filed a Notice of Appeal from various prior Orders of this Court.

On January 11, 2008, however, the parties stipulated that Principal Defendants' appeal must be withdrawn as premature, in light of the fact that Counts II and III were dismissed without prejudice. See Chappelle v. Beacon Communications Corp., 84 F.3d 652, 654 (2d Cir. 1996). The stipulation provided that Principal Defendants would not be precluded from appealing a final judgment or from a grant of certification of the judgment as final, pursuant to Rule 54(b) of the Federal Rules of Civil Procedure. Principal Defendants now move the court to direct an entry of final judgment as to Count I, pursuant to Rule 54(b). Principal Defendants also ask that the Court require Plaintiff to "fully and finally abandon" Counts II and III and dismiss those counts with prejudice.

Rule 54(b) provides, in relevant part: When more than one claim for relief is presented in an action . . . or when multiple parties are involved, the court may direct the entry of a final judgment as to one or more but fewer than all of the claims or parties only upon an express determination that there is no just reason for delay and upon an express direction for the entry of judgment.

Three factors govern the applicability of Rule 54(b): (i) whether multiple, separate claims exist, (ii) whether one of them has been finally determined, and (iii) whether there is no just reason for delay of an appeal. Even if these conditions are met, discretion to order Rule 54(b) certification remains with the district court. Shrader v. Granninger, 870 F.2d 874, 877 (2d Cir. 1989). Here, all three factors weigh in favor of certification under Rule 54(b). First, there are multiple claims. Second, Count I has been "finally determined" by the Court's grant of summary judgment on that count in Plaintiff's favor. Third, there is no just reason for delay of an appeal: the without-prejudice voluntary dismissal of the remaining claims has rendered those claims essentially dormant. Further, Banco Centrale does not oppose the entry of final judgment as to Count I pursuant to Rule 54(b). Accordingly, the Court in its discretion grants Rule 54(b) certification with respect to the grant of summary judgment in Banco Centrale's favor on Count I.

Plaintiff opposes, however, Principal Defendants' request that the Court direct Counts II and III to be dismissed with prejudice. Plaintiff correctly notes that there is no basis for Principal Defendants' application. The Court's Memorandum Opinion and Order of November 29, 2006, granted Plaintiff's motion for voluntary dismissal of the remaining claims without prejudice and explained at considerable length the reasoning behind the decision. See Banco Centrale de Paraguay v. Paraguay Humanitarian Foundation, Inc., No. 01 Civ. 9649 (JFK), 2006 U.S. Dist. LEXIS 87093 (S.D.N.Y. Nov. 29, 2006). Banco Centrale has offered no good reason why the Court should now overturn its prior Order.

Because there is no just reason for delay, pursuant to Rule 54(b), the clerk is directed to enter final judgment with respect to the Court's grant of summary judgment in Plaintiff's favor with respect to Count I of the Amended Complaint. Principal Defendant's application to have Counts II and III dismissed with prejudice is denied.

SO ORDERED.

20080728

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