Filed: Mar. 31, 2019
Latest Update: Mar. 31, 2019
Summary: MEMORANDUM & ORDER JOANNA SEYBERT , District Judge . On March 14, 2019, Judge Tomlinson issued her Report and Recommendation (R&R, D.E. 14) recommending that the Court grant Plaintiff's motion for entry of a default judgment (D.E. 10), and on March 18, 2019, Plaintiff served the R&R on Defendants (D.E. 15). The time to object has expired, and no objections to the R&R have been filed. Upon careful review and consideration, the Court finds Judge Tomlinson's R&R to be comprehensive, well reaso
Summary: MEMORANDUM & ORDER JOANNA SEYBERT , District Judge . On March 14, 2019, Judge Tomlinson issued her Report and Recommendation (R&R, D.E. 14) recommending that the Court grant Plaintiff's motion for entry of a default judgment (D.E. 10), and on March 18, 2019, Plaintiff served the R&R on Defendants (D.E. 15). The time to object has expired, and no objections to the R&R have been filed. Upon careful review and consideration, the Court finds Judge Tomlinson's R&R to be comprehensive, well reason..
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MEMORANDUM & ORDER
JOANNA SEYBERT, District Judge.
On March 14, 2019, Judge Tomlinson issued her Report and Recommendation (R&R, D.E. 14) recommending that the Court grant Plaintiff's motion for entry of a default judgment (D.E. 10), and on March 18, 2019, Plaintiff served the R&R on Defendants (D.E. 15). The time to object has expired, and no objections to the R&R have been filed. Upon careful review and consideration, the Court finds Judge Tomlinson's R&R to be comprehensive, well reasoned, and free of clear error, and it ADOPTS the R&R (D.E. 14) in its entirety. Accordingly, (1) Plaintiff's motion for entry of a default judgment (D.E. 10) is GRANTED, and (2) Plaintiff is awarded damages against Corix Bioscience, Inc. in the amount $233,049.16 (consisting of unpaid principal, unpaid regular interest, and default interest calculated through March 14, 2019), as well as additional default interest of 22% per annum on the total balance of the Notes ($206,865.31) calculated beginning March 15, 2019. The Clerk of the Court is directed to enter judgment accordingly and mark this case CLOSED. Plaintiff is directed to serve a copy of this Order upon Defendants and file proof of service on the docket on or before April 8, 2019.
SO ORDERED.
