THOMAS B. SMITH, Magistrate Judge.
Pending before the Court is Plaintiff, Wells Fargo Commercial Distribution Finance, LLC's Motion for Default Final Judgment (Doc. 14). Upon due consideration, I respectfully recommend that the motion be
On November 28, 2008, Defendant Brian Pounds executed and delivered a guaranty agreement to GE Commercial Distribution Finance Corporation, a predecessor in interest to Plaintiff Wells Fargo Commercial Distribution Finance, LLC (Doc. 1, ¶ 3; Doc. 1-2,). Defendant breached the terms of the agreement, and Plaintiff filed a statement of claim with a demand for arbitration (Doc. 1, ¶ 4). The parties arbitrated the dispute in St. Louis, Missouri, and on May 4, 2016, the arbitrator ruled in favor of Plaintiff and awarded it the sum of $73,354.17 (
Plaintiff filed this action on May 17, 2016, to confirm the arbitration award. Defendant has not responded to the complaint. Plaintiff's motion requests this Court enter a default judgment against Defendant confirming the arbitration award and awarding post-judgment interest pursuant to Federal Rules of Civil Procedure Rule 55(b)(2) (Doc. 14 at 2).
Rule 55(b) of the Federal Rules of Civil Procedure authorizes a court to enter default judgment against a party whose default has been entered by the clerk. Once default has been entered, a defaulting defendant is considered to have admitted all the well-pleaded allegations of fact in the plaintiff's complaint.
Plaintiff seeks confirmation of the arbitration award pursuant to the Federal Arbitration Act, 9 U.S.C. § 9 which provides:
9 U.S.C. § 9. Any attempt to vacate or modify an award must occur within three months after the award is filed or delivered.
The parties' agreement specifies that an arbitration award may be confirmed in any state or federal court of competent jurisdiction within the federal judicial district that includes the residence of the party against whom such award was entered (Doc. 1-2 at 5). Defendant resides in this district (Doc. 1, ¶ 1), his counsel accepted service of process on May 27, 2016 (Doc. 5), and Defendant has not responded to the complaint. The Clerk's entry of default was therefore proper.
For the foregoing reasons, I RESPECTFULLY RECOMMEND that Plaintiff's Motion for Default Final Judgment (Doc. 14) be GRANTED, and that the Court CONFIRM the arbitration award entered on May 4, 2016 in favor of Plaintiff and against Defendant in the sum of $73,354.17 with interest thereon as permitted by law (Doc. 1-3).
A party has fourteen days from this date to file written objections to the Report and Recommendation's factual findings and legal conclusions. A party's failure to file written objections waives that party's right to challenge on appeal any unobjected-to factual finding or legal conclusion the district judge adopts from the Report and Recommendation.
RESPECTFULLY RECOMMENDED.