Opinion
SACV 23-02100-CJC (KESx)
01-25-2024
BSD CAPITAL, INC. d/b/a LENDISTRY, Plaintiff, v. NILE B. THOMPSON; and DARRYLE M. FARRAR, Defendants.
CORRECTED JUDGMENT
CORMAC J. CARNEY, UNITED STATES DISTRICT JUDGE
In this case, Plaintiff BSD Capital, Inc. (d/b/a Lendistry) alleges that Defendants Nile B. Thompson and Darryle M. Farrar breached their guaranty of a loan agreement they signed on behalf of FT Medical Group, LLC, which is not a party to this action. (See Dkt. 1 [Compl.] ¶¶ 9-43.) The Court granted Lendistry's application for default judgment. Accordingly, it is hereby ORDERED that judgment is entered in favor of Lendistry and against Defendants.
In total, Lendistry is awarded $1,514,689.78, comprised of:
- $1,325,000 for repayment of the principal balance due Lendistry under the parties' agreements.
- $156,460.57 in accrued interest through January 24, 2024 according to the terms of the parties' agreements.
- $33,229.21 in attorneys' fees owed under the parties' agreements and in accordance with Local Rule 55-3.
The Court also awards costs in an amount to be evidenced in a subsequent bill of costs. Thompson and Farrar are jointly and severally liable for these amounts.