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Lowry v. Edelman

United States District Court, S.D. New York
Oct 7, 2022
21-CV-7861 (JMF) (S.D.N.Y. Oct. 7, 2022)

Opinion

21-CV-7861 (JMF)

10-07-2022

JONATHAN LOWRY et al., Plaintiffs, v. GABRIEL EDELMAN et al., Defendants.


DEFAULT JUDGMENT AND ORDER

JESSE M. FURMAN UNITED STATES DISTRICT JUDGE

Plaintiffs moved for default judgment against Edelman Blockchain Advisors (“EBA”), Creative Advancement, LLC (“Creative Advancement”), CH Global Inc. (“CH Global”), Euro Credit, LLC (“Euro Credit”), and Vix Capital Partners, LP f/k/a Vix Capital Partners, LLC (“Vix”). See ECF No. 184.

As discussed on the record at the default judgment hearing on October 4, 2022, Plaintiffs' motion for default judgment is GRANTED, but as to liability only, against EBA, Creative Advancement, CH Global, and Euro Credit (“Defaulting Defendants”). By separate Order, the Court will refer the case to Magistrate Judge Ona T. Wang for an inquest on damages as to Defaulting Defendants.

Plaintiffs' motion is DENIED with respect to Vix in light of their confirmation that the Third Amended Complaint was not served on Vix. See ECF No. 194. Plaintiffs shall serve the Third Amended Complaint and a copy of this Order on Vix no later than October 21, 2022. Unless Plaintiffs provide authority for the proposition that service on Vix pursuant to Rule 5 of the Federal Rules of Civil Procedure would be proper and the Court grants leave to serve Vix pursuant to that Rule, service shall be made in accordance with Rule 4. Vix shall have three weeks after such service to file an answer. If Vix does not file an answer by the deadline, Plaintiffs shall, within one week of the deadline, file a new default judgment motion against both Vix and Latinum Holdings, LLC (“Latinum”). To be clear, the foregoing modifies the deadlines for Plaintiffs' default judgment motion against Latinum that the Court set during the hearing on October 4, 2022.

As discussed during the October 4, 2022 hearing, Plaintiffs shall file a status update regarding efforts to serve Chen Edelman 90 days after the Third Amended Complaint was filed.

The Clerk of Court is directed to terminate Docket No. 184.

SO ORDERED.


Summaries of

Lowry v. Edelman

United States District Court, S.D. New York
Oct 7, 2022
21-CV-7861 (JMF) (S.D.N.Y. Oct. 7, 2022)
Case details for

Lowry v. Edelman

Case Details

Full title:JONATHAN LOWRY et al., Plaintiffs, v. GABRIEL EDELMAN et al., Defendants.

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

Date published: Oct 7, 2022

Citations

21-CV-7861 (JMF) (S.D.N.Y. Oct. 7, 2022)