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896(Other Statutes: Arbitration) | Illinois Northern
Minute
MINUTE entry before the Honorable Matthew F. Kennelly: Respondents having failed to respond to the petition to confirm arbitration award after notice of presentment of the petition, the hearing date of 10/12/2017 is vacated, the motion for default judgment 15 is granted, and the petition to confirm is granted. The Clerk is directed to enter judgment in favor of Petitioners Peter Skarzynski, David Crosswhite, and Travelers Casual and Surety Co. of Am. as subrogee (collectively, Petitioners) and against Respondents Innovaro, Inc. f/k/a Utek Corp. (Innovaro) and Recovery Fund USA, LLA (Recovery Fund), as follows: (a) in the amount of $182,418.90 in favor of Petitioners and against Innovaro and Recovery Fund, jointly and severally; (b) Plus an additional $283,548.10 in favor of Petitioners and against Innovaro, individually;(c) Plus 9% interest from June 15, 2017 to the date of payment in favor of Petitioners and against Innovaro and Recovery Fund, jointly and severally;(d) Plus attorneys fees, costs and expenses in favor of Petitioners and against Innovaro and Recovery Fund, jointly and severally, in the amount of $10,867.90. Mailed notice. (pjg, ) Modified text on 10/11/2017 (pjg, ). (Entered: 10/11/2017)
Entered Judgment
ENTERED JUDGMENT on 10/11/2017. Civil case terminated. Mailed notice. (pjg, ) (Entered: 10/11/2017)
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