Opinion ID: 2751406
Heading Depth: 2
Heading Rank: 3

Heading: Accrued Interest and Late Fees

Text: 8 Case: 14-11405 Date Filed: 11/14/2014 Page: 9 of 10 Lastly, the defendants allege that PNC “did not discharge its burden of authenticating its calculations for late fees and accrued interest” in its motion for summary judgment. Additionally, they contend that they should have been granted additional time to depose White, PNC’s Asset Resolution Manager. Here, the defendants do not dispute the principal balance due, the methodology for computing interest, or the payments on the Note as listed in PNC’s business records. Rather they claim that PNC listed two different figures for the amount of accrued interest due on the Note. Specifically, they highlight that $130,660 “appeared on five pages of PNC Bank’s business records,” and this number did not match up with the $131,783.45 figure listed in White’s affidavit attached to PNC’s summary judgment motion. But the $130,660 figure is labeled as the “G/L balance” in PNC’s original business records and represents an internal accounting notation denoting certain write-offs to the loan balance. Thus, it does not pertain to the accrued interest on the Note. Similarly, although the defendants challenge PNC’s calculation of late fees, they offer nothing to dispute the methodology for computing late fees. See Cordoba v. Dillard’s, Inc., 419 F.3d 1169, 1181 (11th Cir. 2005) (explaining that speculation or conjecture from a party cannot create a genuine issue of material fact). We are also unpersuaded by the defendants’ allegation that they did not have an adequate opportunity to depose White. They fail to offer any explanation as to 9 Case: 14-11405 Date Filed: 11/14/2014 Page: 10 of 10 why they did not conduct any discovery during the four-month discovery period. Moreover, the defendants never moved to reopen discovery in the district court even after PNC attached White’s affidavit to its motion for summary judgment. As such, the district court did not abuse its discretion by refusing to stay its ruling on PNC’s summary judgment motion. AFFIRMED. 10