Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-alnd-2_06-cv-01349/USCOURTS-alnd-2_06-cv-01349-0/pdf.json

Nature of Suit Code: 140
Nature of Suit: Negotiable Instruments
Cause of Action: 28:1332 Diversity-Negotiable Instrument

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IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF ALABAMA

SOUTHERN DIVISION

WACHOVIA BANK, NATIONAL )

ASSOCIATION, a national banking

association, )

PLAINTIFF, )

VS. ) 2:06-cv-1349-JHH

ONYX CAPITAL VENTURES, )

L.L.C., a limited liability company,

)

DEFENDANT.

FINDINGS AND CONCLUSIONS

This cause is before the court on the February 6, 2007 motion (Doc. #18) for

entry of default and for default judgment, together with the evidentiary submission

(Doc. #20) filed by plaintiff on February 8, 2007. The court makes the following

findings and conclusions:

1. The summons and complaint were served upon defendant

September 14, 2006 (Doc. #10) and an answer (Doc. #11) was filed by defendant

through counsel on October 27, 2006. By order (Doc. #17) entered December 20,

2006, counsel was authorized to withdraw, and no new counsel has entered an

FILED

 2007 Mar-29 AM 11:59

U.S. DISTRICT COURT

N.D. OF ALABAMA

Case 2:06-cv-01349-JHH Document 22 Filed 03/29/07 Page 1 of 2
appearance for defendant. Defendant is therefore in default, and its default will be

entered by separate order.

2. Defendant is indebted to plaintiff in the principal sum of

$1,700,000.00, together with accrued interest in the amount of $186,516.03.

3. Plaintiff is due to recover from defendant the sum of $1,886,516.03,

plus attorneys fees in the amount of $9,775.00, for a total judgment amount of

$1,896,291.03, plus interest hereafter at the prevailing legal rate per annum until

paid in full.

4. A separate judgment by default will be entered.

DONE this the 29th day of March, 2007.

 

SENIOR UNITED STATES DISTRICT JUDGE 

Case 2:06-cv-01349-JHH Document 22 Filed 03/29/07 Page 2 of 2