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First Franklin Financial Corp. v. Mkt. Trend Mtge. LLC

United States District Court, D. Minnesota
Oct 12, 2007
Civil No. 07-3579 (PAM/JSM) (D. Minn. Oct. 12, 2007)

Opinion

Civil No. 07-3579 (PAM/JSM).

October 12, 2007


ORDER


This matter is before the Court on Plaintiff First Franklin Financial Corporation's ("First Franklin") Motion for Default Judgment and Attorneys' Fees against Defendant Market Trend Mortgage LLC ("Market Trend") for failure to plead or otherwise defend as required by the Federal Rules of Civil Procedure.

On October 3, 2007, the Clerk of Court entered default pursuant to Fed.R.Civ.P. 55(a). In support of this Motion under Fed.R.Civ.P. 55(b), First Franklin provided an Affidavit from counsel stating that First Franklin had suffered a sum certain of $178,749.61 in damages. First Franklin also provided an agreement requiring Market Trend to pay First Franklin's reasonable legal fees and expenses arising from the transaction that is the subject of the Complaint. First Franklin states that through September 2007 it had incurred $4,213.74 in legal fees and expenses in connection with this matter, and that it "expects to expend" an additional $816.00 "through hearing on this default motion."

While the Court concludes that default judgment may be entered for the sums certain of $178,749.61 in damages and $4,213.74 in legal fees and expenses, First Franklin sought no hearing on this Motion and therefore is not entitled to recover the additional $816.00. Accordingly, IT IS HEREBY ORDERED that First Franklin's Motion for Default Judgment and Attorneys' Fees (Docket No. 4) is GRANTED in the amount of $182,963.35.

LET JUDGMENT BE ENTERED ACCORDINGLY.


Summaries of

First Franklin Financial Corp. v. Mkt. Trend Mtge. LLC

United States District Court, D. Minnesota
Oct 12, 2007
Civil No. 07-3579 (PAM/JSM) (D. Minn. Oct. 12, 2007)
Case details for

First Franklin Financial Corp. v. Mkt. Trend Mtge. LLC

Case Details

Full title:First Franklin Financial Corporation, Plaintiff, v. Market Trend Mortgage…

Court:United States District Court, D. Minnesota

Date published: Oct 12, 2007

Citations

Civil No. 07-3579 (PAM/JSM) (D. Minn. Oct. 12, 2007)