Fidelity Federal Bank, Fsb, a Federally Chartered Savings Bank v. Durga Ma Corporation, a New Jersey Corporation
Court of Appeals for the Ninth Circuit
1Opinion of the Court
BEEZER, Circuit Judge:
Durga Ma Corporation (“Durga Ma”) appeals the district court’s order granting Fidelity Federal Bank’s (“Fidelity’s”) motion pursuant to Fed.R.Civ.P. 60(b) to change the awarded post-judgment interest from the California statutory rate of 10% to the federal rate of 1.76% interest per year pursuant to 28 U.S.C. § 1961. We hold that the district court acted within its discretion when it granted Fidelity’s motion and affirm the application of the federal post-judgment interest rate.
I
Durga Ma prevailed in its breach of contract arbitration against Fidelity. On June 9, 2003,…
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