Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_05-cv-01994/USCOURTS-cand-3_05-cv-01994-6/pdf.json

Nature of Suit Code: 190
Nature of Suit: Other Contract Actions
Cause of Action: 28:1332 Diversity-Other Contract

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States District C

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For the Northern District of California

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IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

MAGELLAN GROUP INVESTMENT, LLC,

Plaintiff,

 v.

FIRST INDIGENOUS DEPOSITORY

COMPANY, LLC,

Defendant.

 /

No. C 05-01994 JSW

ORDER ADOPTING REPORT

AND RECOMMENDATION RE

PLAINTIFFS’ MOTION FOR

DEFAULT JUDGMENT

The Court has reviewed Magistrate Judge Maria-Elena James’ Report and

Recommendation re Plaintiff’s Motion for Default Judgment. The Court finds the Report

correct, well-reasoned and thorough, and adopts it in every respect. Accordingly, default

judgment is GRANTED as to Plaintiff’s request for a monetary judgment, but is DENIED as to

Plaintiff’s request for a judgment for possession of the subject collateral. Plaintiff is awarded

$543,871.21 in principal and interest through July 28, 2005 and prejudgment interest of $339.47

per day from July 29, 2005 to the entry of judgment. 

IT IS SO ORDERED.

Dated: December 22, 2005 

JEFFREY S. WHITE

UNITED STATES DISTRICT JUDGE

Case 3:05-cv-01994-JSW Document 39 Filed 12/22/05 Page 1 of 1