Butz et al v. Campbell et al
Clarence Campbell and Donna Campbell |
Thomas C. Butz and Shawn C. Butz |
1:2018cv00054 |
May 7, 2018 |
US District Court for the Western District of Kentucky |
Bowling Green Office |
Warren |
Greg N. Stivers |
Appeal |
28 U.S.C. ยง 1334 |
None |
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Filing 20 MEMORANDUM OPINION AND ORDER by Chief Judge Greg N. Stivers on 5/2/2019. The Bankruptcy Court's decision is AFFIRMED IN PART and REVERSED IN PART. The Bankruptcy Court's conclusions regarding dischargeability are affirmed. The Bankrupt cy Court's conclusions regarding pre- and post-judgment interest are reversed. The Court accordingly awards as follows: 1. Appellees/Cross- Appellants are entitled to $328,589 under the terms of the loan agreement through September 2012 . 2. Appellees/Cross-Appellants are entitled prejudgment interest at the per annum simple rate of 15% for the dates between September 1, 2012, and January 5, 2018; amounting to $263,591.40, bringing the total prejudgment assessment to & #036;592,180.40. 3. Appellees/Cross-Appellants are entitled to post-judgment interest at the compounding rate of 1.76% as provided in 28 U.S.C. § 1961. cc: Counsel; U.S. Bankruptcy Court Clerk (Case No. 15-10340; A.P. No. 16-1013); Trustee Jerry Burns (CDF) Modified distribution on 5/3/2019 (CDF). |
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