CIT Small Business Lending Corp. v. Systems Engineering of C&G, Inc. et al, No. 1:2014cv00115 - Document 50 (E.D. Va. 2015)
Court Description: ORDER that the Court adopts and incorporates the 48 findings and recommendations of the Magistrate Judge; pltf's 29 Amended Motion for Default Judgment be, and the same hereby is, GRANTED; default judgment be, and the same hereby is, ENTERED against defts Systems Engineering of C&G, Inc., Systems Engineering of Mount Vernon, Inc., Systems Engineering of Prince George's County, Inc., Systems Engineering/R.I. Inc., and Systems Engineering N.Y.A. Inc. and in favor of pltf ReadyCap Len ding LLC, in the amount of $496,469.03, which consists of $483,649.98 in damages and $12,819.05 in attorney's fees and costs, plus post-judgment interest at a rate of $56.98 per diem (see Order for details). Signed by District Judge Anthony J Trenga on 02/23/15. (Copy mailed to defts per Order)(pmil, )
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CIT Small Business Lending Corp. v. Systems Engineering of C&G, Inc. et al Doc. 50 IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF VIRGINIA Alexandria Division CIT SMALL BUSINESS LENDING CORP., Plaintiff, Civil Action No. 1:14-cv-0115 (AJT/TCB) V. SYSTEMS ENGINEERING OF C&G, INC., etai. Defendants. ORDER This matter is before the Court on the Report and Recommendation [Doc. No. 48] of the Magistrate Judge recommending that default judgment be entered against defendants Systems Engineering of C&G, Inc., Systems Engineering of Mount Vemon, Inc., Systems Engineering of Prince George's County, Inc., Systems Engineering/R.I. Inc., and Systems Engineering N.Y.A. Inc. (collectively, "defendants") and in favor of plaintiff ReadyCap Lending LLC ("plaintiff) in the amount of$496,436.03.' No objections to the Report and Recommendation have been filed. The Court conducted a de novo review of the evidence in this case and adopts and incorporates the findings and recommendations of the Magistrate Judge. Accordingly, it is hereby ORDERED that plaintiffs Amended Motion for Default Judgment [Doc. No. 29] be, and the same hereby is, GRANTED; and it is further ' The affidavit in support of plaintiffs Amended Motion for Default Judgment states that plaintiff is entitled to damages in the amount of $483,616.98 (consisting of $415,980.30 in principal + $31,965.78 in interest + $23,207.26 in late charges + $6,825.00 in repossession costs + $1,630.70 in credit + $4,040.94 in prior counsel's legal fees). However, this amount seems to contain a miscalculation of $33, for which the Court has accounted in this Order. Accordingly, it appears plaintiff is entitled to $483,649,98 in damages. Dockets.Justia.com
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