Case Activity (563)

1. Utility | Filed: March 28, 2023 | Entered: March 28, 2023 Olive Group North America LLC et al v. Afghanistan International Bank

   Contract: Other | New York Southern

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2. Order | Filed: March 28, 2023 Olive Group North America LLC et al v. Afghanistan International Bank

   Contract: Other | New York Southern

   Order

   CLERK'S JUDGMENT re: 69 Memorandum & Opinion in favor of Afghanistan International Bank against New Constellis Holdings, Inc. in the amount of $10,000. It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated March 27, 2023, AIB's motion for attorneys' fees is GRANTED. Counsel for Plaintiffs shall pay AIB $10,000 in attorneys' fees pursuant to the Opinion and Order. The Second Circuit has instruc ted that while courts have "wide discretion" in considering sanctions, they "should be sensitive to the impact of sanctions on attorneys. They can be economically punishing, as well as professionally harmful; due process must be aff orded." Oliveri, 803 F.2d at 1280. In this case, Plaintiffs made numerous vexatious errors that imposed costs on AIB and the Court. However, the matter was ultimately resolved within nine months, and there is no indication that Plaintiffs ha ve failed to understand the gravity of their missteps or the resulting consequences. The Court concludes that an award of $10,000 is sufficient but not greater than necessary to deter similar future conduct; accordingly, the case is closed. (Signed by Clerk of Court Ruby Krajick on 3/28/2023) (Attachments: # 1 Appeal Package) (km)

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