PER CURIAM.
Plaintiff-Appellant DiMaria Properties, LLC, ("DiMaria)" appeals from a final order of the District Court for the Southern District of Florida affirming the Bankruptcy Court for the Southern District of Florida's orders denying DiMaria's motion to enforce and denying DiMaria's motion for reconsideration. Upon review of the record and the briefs, we affirm.
DiMaria is the owner and operator of a commercial retail center located in Pompano Beach, Florida. DiMaria's sole valuable asset is real property located in Pompano Beach. Defendant-Appellee 3400 Atlantic, LLC ("3400 Atlantic") became DiMaria's largest creditor when it bought a note and mortgage on the subject property. On May 28, 2013, DiMaria filed for Chapter 11 bankruptcy.
On November 22, 2013, the Bankruptcy Court confirmed DiMaria's First Amended Plan of Reorganization. In relevant part, the Plan provides that DiMaria make payments to 3400 Atlantic on dates certain. As part of the Plan, the Parties agreed that DiMaria would execute a warranty deed and deliver it to an escrow agent. The Plan also calls for DiMaria to pay 3400 Atlantic's reasonable attorney's fees and costs by the "Effective Date."
On December 7, 2013, 3400 Atlantic declared a default. The warranty deed was released from escrow and, on December 9, 2013, 3400 Atlantic recorded it.
On January 16, 2014, DiMaria filed an "Emergency Motion to Enforce Order Confirming Debtor's First Amended Plan of Reorganization." The motion to enforce argued in relevant part that 3400 Atlantic "prematurely declared a default in the new loan documents and recorded the warranty deed held in escrow." On January 23, 2014, the Bankruptcy Court denied DiMaria's Motion to Enforce, finding that "the Debtor has defaulted under the terms of the Amended Plan of Reorganization by its failure to make certain payments due on or before the Amended Plan's Effective Date."
On February 6, 2014, DiMaria filed a Motion for Reconsideration of the Court's Order denying DiMaria's Motion to Enforce. DiMaria raised several arguments, including, as relevant here, an argument that no default occurred because the Amended Plan provided a 10-day cure period for the failure to make timely payments and 3400 Atlantic did not wait for the expiration of this period before declaring a default.
On February 24, 2014, the Bankruptcy Court, construing DiMaria's February 6, 2014 Motion as a Motion to Amend pursuant to Fed. R. Bankr. P. 9023, denied the Motion for failure to demonstrate any grounds on which reconsideration may be granted.
On timely appeal before this Court, DiMaria argues that (1) the Bankruptcy court erred in enforcing a default because the Amended Plan provided a 10-day cure period for the failure to make timely payments and 3400 Atlantic did not wait for the expiration of this period before declaring a default; (2) the Bankruptcy Court erred in enforcing a default which was declared on December 7, 2013, because the payment was not due until December 9, 2013; and (3) the Bankruptcy Court erred in refusing to consider the arguments made in the Motion for Reconsideration because those arguments were properly preserved.
This Court reviews the denial of a motion to alter or amend judgment under Rule 59(e) for abuse of discretion.
The Bankruptcy Court did not commit error in denying the Rule 59(e) motion. Under Rule 59(e), "[t]he only grounds for granting [DiMaria's] motion are newly-discovered evidence or manifest errors of law or fact."
Appellant does not dispute that its arguments about default raised before the Bankruptcy Court—the same arguments raised here—were raised for the first time in its February 6, 2014, Motion for Reconsideration. Rather, Appellant argues that its failure to raise the arguments in the first instance should be excused because it was never presented with a "reasonable opportunity to do so." Specifically, Appellant claims that the issue of whether DiMaria was in default was first raised by 3400 Atlantic in its January 20, 2014, Response in Opposition to Plaintiff's Emergency Motion to Enforce and that DiMaria cannot be faulted for its "failure to proactively challenge a default for which nobody had actually moved."
Appellant's argument is wholly without merit. Appellant's Emergency Motion to Enforce expressly asked the Bankruptcy Court to determine that 3400 Atlantic had "prematurely declared a default in the new loan documents."
The District Court's order is affirmed.
AFFIRMED.