Domestic Bank v. Global Equity Lending, Inc., No. 1:2007cv00355 - Document 149 (D.R.I. 2011)

Court Description: ORDER granting 133 Motion for Final Judgment; adopting 145 Report and Recommendations. So Ordered by Judge William E. Smith on 11/30/11. (Jackson, Ryan)

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Domestic Bank v. Global Equity Lending, Inc. Doc. 149 UNITED STATES DISTRICT COURT DISTRICT OF RHODE ISLAND ___________________________________ ) ) ) ) v. ) ) GLOBAL EQUITY LENDING, INC., WORLD ) LEADERSHIP GROUP, LLC, AND HUBERT ) HUMPHREY a/k/a S. HUBERT HUMPHREY, ) JR. ) Defendants. ) ___________________________________) CREDIT NORTHEAST, INC., Plaintiff, C.A. No. 07-355-S ORDER William E. Smith, United States District Judge. Before Judge the David L. Court Martin’s September 8, 2011. recommended that treated a as is Defendants’ Report and (ECF No. 145.) Plaintiff’s motion for Motion default Objection to Magistrate Recommendation, dated Magistrate Judge Martin for Final judgment, Judgment which should be be granted, and that judgment enter against the Defendants in the amount of $451,275.99 plus prejudgment interest. review of such an objection is de novo. This Court’s See Fed. R. Civ. P. 72(b)(3). After review of the Report and Recommendation, Defendants’ Objection, and Plaintiff’s Response, the Court finds that the Report and Recommendation presents clear factual findings and a thorough analysis of the relevant issues, consistent with the Dockets.Justia.com evidence presented. a sanction obligations. for Defendants had been previously defaulted as repeated failures to comply with discovery Defendants’ objection here calls for the Court to reopen the hearings to require Plaintiff to put forth additional evidence of its damages, making the objection substantially similar to objections raised before, and thoroughly addressed by, Magistrate Judge Martin. Magistrate Judge Martin found, and this Court agrees, that there was sufficient evidence presented to establish the amount of Plaintiff’s damages. Therefore, this Court finds the objection to be without merit. The Report and Recommendation of Magistrate Judge David L. Martin filed on September 8, 2011 is accepted pursuant to 28 U.S.C. § 636(b)(1). Accordingly, Judgment shall enter, as stated in the Report and Recommendation, in favor of Plaintiff for $451,275.99, with prejudgment interest running from the following dates: (1) as to $82,348.28, from June 18, 2007; (2) as to $6,000.00, from August 16, $316,000.00, from December 19, 2008. IT IS SO ORDERED. /s/ William E. Smith William E. Smith United States District Judge Date: November 30, 2011 2 2007; and (3) as to

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