Opinion
08 Civ. 10072 (JGK).
June 15, 2011
ORDER
The Court has received the Report and Recommendation of Magistrate Judge Peck dated May 24, 2011, issued after his inquest following this Court's grant of summary judgment to the plaintiff, BMW Financial Services. No objections have been filed and the time for such objections has passed. The Court has reviewed the Report and Recommendation and finds it to be persuasive. The Court therefore adopts the Report and Recommendation.
The Clerk is directed to enter judgment in favor of BMW Financial Services, and against the defendants, Cox Nissan and Keith Cox, in the amount of $6,788,347.36, plus $903,873.00 in interest for the period from November 30, 2009, through May 24, 2011, plus interest of $1,673.84 per day thereafter until judgment is entered. BMW shall give the defendants credit against the judgment for the net proceeds from the sale of the remaining collateral.
The Clerk is directed to close this case.
SO ORDERED.
June 14, 2011
Dated: New York, New York