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Credit-Based Asset Serv. Sec. v. First Consol. MTG

United States District Court, S.D. New York
Jul 21, 2010
08 Civ. 7757 (LBS) (AJP) (S.D.N.Y. Jul. 21, 2010)

Opinion

08 Civ. 7757 (LBS) (AJP).

July 21, 2010


ORDER


On May 11, 2009, the Court entered a default judgment against Defendant First Consolidated Mortgage Company and referred the matter to Magistrate Judge Peck for an inquest as to damages. On July 2, 2009, Magistrate Judge Peck issued a report and recommendation ("Report") recommending that the Court enter a judgment for Plaintiff in the amount of $2,401,363.90. The Report advised that "[p]ursuant to 28 U.S.C. § 636(b)(1) and Rule 72(b) of the Federal Rules of Civil Procedure, the parties shall have ten (10) days from service of this Report to file written objections. . . . Failure to file objections will result in waiver of those objections for purposes of appeal." (Report at 4.) The magistrate court ordered Plaintiff's counsel to serve the Report on Defendant and filed an affidavit of service with the Clerk of Court. Plaintiff's counsel filed an affidavit of service on July 14, 2009. To date, neither party has filed any objections.

"A judge of the court may accept, reject, or modify, in whole or in part, the findings or recommendations made by the magistrate judge." 28 U.S.C. § 636(b)(1). The Court may adopt those portions of a report and recommendation to which no objections have been made and which are not clearly erroneous or contrary to law. See Thomas v. Arn, 474 U.S. 140, 149 (1985); see also Edwards v. Fischer, 414 F. Supp. 2d 342, 346-47 (S.D.N.Y. 2006) ("If no objections are filed, or where objections are `merely perfunctory responses,' argued in an attempt to `engage the district court in a rehashing of the same arguments set forth in the original petition,' reviewing courts should review a report and recommendation for clear error.").

For the reasons set forth by the Report, we adopt the recommendation in its entirety. The Court enters judgment for Plaintiff against Defendant in the amount of $2,401,363.90. The Clerk of Court is directed to close the case.

SO ORDERED.


Summaries of

Credit-Based Asset Serv. Sec. v. First Consol. MTG

United States District Court, S.D. New York
Jul 21, 2010
08 Civ. 7757 (LBS) (AJP) (S.D.N.Y. Jul. 21, 2010)
Case details for

Credit-Based Asset Serv. Sec. v. First Consol. MTG

Case Details

Full title:CREDIT-BASED ASSET SERVICING AND SECURITIZATION, LLC, Plaintiff, v. FIRST…

Court:United States District Court, S.D. New York

Date published: Jul 21, 2010

Citations

08 Civ. 7757 (LBS) (AJP) (S.D.N.Y. Jul. 21, 2010)