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Hon Property Investments, Inc., is entitled to an award of $137
for litigation costs.1
All other arguments made by the parties are either
irrelevant or without merit.
To reflect the foregoing,
An appropriate order and
decision will be entered.
1 The awards are determined pursuant to the following
formula: (1995 partnership allocation x (1995 hours x 1995
rate)) + (1996 partnership allocation x (1996 hours x 1996 rate))
+ (1997 partnership allocation x (1997 hours x 1997 rate) + (1997
allocation x costs) = total award. Thus, the parties' awards
were as follows: (1) Petitioner = (.25 x (95.6 x 104.29)) +
(.1988 x (225.2 x 107.37)) + (.01 x (296.5 x 109.83)) + (.01 x
4,844.65)); (2) Hon Family Ventures, Ltd. = (.2308 x (95.6 x
104.29)) + (.2536 x (225.2 x 107.37)) + (.03 x (296.5 x 109.83))
+ (.03 x 4,844.65)); and (3) Hon Property Investments, Inc. =
(.0052 x (95.6 x 104.29)) + (.0035 x (225.2 x 107.37)). All
totals are rounded to the nearest dollar.
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Last modified: May 25, 2011