Access Point Funding I 2017-A, LLC v. Patel

CourtDistrict Court, N.D. Georgia
DecidedJuly 29, 2022
Docket1:21-cv-03349
StatusUnknown

This text of Access Point Funding I 2017-A, LLC v. Patel (Access Point Funding I 2017-A, LLC v. Patel) is published on Counsel Stack Legal Research, covering District Court, N.D. Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Access Point Funding I 2017-A, LLC v. Patel, (N.D. Ga. 2022).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION

ACCESS POINT FUNDING I 2017-A,

LLC, successor in interest to Access Point Financial, Inc., et al.,

Plaintiffs,

CIVIL ACTION FILE v. NO. 1:21-CV-3349-TWT

HITESH PATEL, et al.,

Defendants.

OPINION AND ORDER This is a breach of contract action. It is before the Court on the Plaintiffs’ Motion for Default Judgment [Doc. 12], the Defendants’ Motion to Set Aside the Entry of Default [Doc. 20], and the Defendants’ Motion for Leave to File Answer Out of Time [Doc. 21]. For the reasons set forth below, the Plaintiffs’ Motion for Default Judgment [Doc. 12] is DENIED, the Defendants’ Motion to Set Aside the Entry of Default [Doc. 20] is GRANTED, and the Defendants’ Motion for Leave to File Answer Out of Time [Doc. 21] is GRANTED. I. Background This action arose from the Defendants’ alleged non-payment of five separate loans funded by Plaintiffs Access Point Funding I 2017-A, LLC, APF-CPX I, LLC, and APF-CPX II, LLC (collectively, “Access Point”). (Compl. ¶ 11).1 Each of the loans were sponsored primarily by Defendants Hitesh Patel

1 As it must when considering a motion for default judgment, the Court and Bhavesh Patel but were guaranteed by some combination of the Defendants. ( ). Access Point alleges that the five loans totaled approximately $11,400,000 and that all five loans are currently in default,

constituting breach of the guaranties that the Defendants signed. ( ). Access Point filed its complaint on August 17, 2021, and each of the Defendants were served with process on August 26, 2021. The Defendants’ answers were due on September 16, 2021, and no answers were filed by that date. On September 29, 2021, Access Point filed a Motion for Clerk’s Entry of Default, which was entered the following day. On October 29, 2021, Access

Point filed the Motion for Default Judgment [Doc. 12] that is presently before the Court. The Defendants thereafter retained counsel, responded in opposition to the Motion for Default Judgment, and filed the Motions to Set Aside the Entry of Default [Doc. 20] and for Leave to File Answer Out of Time [Doc. 21] presently before the Court. II. Legal Standards “When a defendant has failed to plead or defend, a district court may

enter judgment by default.” ., 789 F.3d 1239, 1244 (11th Cir. 2015) (citing Fed. R. Civ. P. 55(b)(2)). Where a plaintiff’s claims are not for a sum certain or a sum that can be made certain by computation,

presumes that all well-pleaded allegations in the Complaint are true. ., 402 F.3d 1267, 1277-78 (11th Cir. 2005). However, the Court does not presume the truth of conclusions of law or facts that are not well-pleaded. . at 1278. 2 the party must apply to the Court for a default judgment once the Clerk has entered default. Fed. R. Civ. P. 55(a), (b). The Clerk’s entry of default does not, however, automatically warrant a

default judgment on a plaintiff’s claims. , 515 F.2d 1200, 1206 (5th Cir. 1975).2 Entry of default judgment is at the discretion of the district court. , 789 F.3d at 1244; , 328 F.3d 1291, 1295 (11th Cir. 2003). Because there is a strong policy in this circuit of determining cases on their merits, default judgments are viewed with disfavor. , 789 F.3d at 1244-45;

, 328 F.3d at 1295. And the Court may set aside the clerk’s entry of default for good cause. Fed. R. Civ. P. 55(c). In making that determination, courts consider: (1) whether the default was willful; (2) whether the non-moving party would be prejudiced if the default was set aside; and (3) whether the defaulting party has a meritorious defense to the moving party’s claims. , 989 F. Supp. 1475, 1480 (N.D. Ga. 1997).

In considering whether to grant leave to file pleadings out of time, the Court considers whether the moving party’s delay is excusable, which takes into account “the danger of prejudice to the [non-moving party], the length of

2 In , 661 F.2d 1206, 1209 (11th Cir. 1981) (en banc), the Eleventh Circuit adopted as binding precedent all of the decisions of the former Fifth Circuit rendered prior to the close of business on September 30, 1981. 3 the delay and its potential impact on judicial proceedings, the reason for the delay, including whether it was within the reasonable control of the movant, and whether the movant acted in good faith.”

, 507 U.S. 380, 395 (1993); , 551 F. Supp. 3d 1329, 1332-33 (N.D. Ga. 2021) (applying the factors to a motion for leave to file an answer out of time). III. Discussion The Defendants explain that their arguments opposing Access Point’s Motion for Default Judgment also support their Motions to Set Aside the Entry

of Default and for Leave to File Answer Out of Time, and the Court will therefore consider those arguments as to each of the Defendants’ pending motions. ( Defs. Mot. to Set Aside Entry of Default J. at 2; Defs. Mot. for Leave to File Answer Out of Time at 2). The Court will consider the motions pertaining to default judgment before turning to the Defendants’ Motion for Leave to File Answer Out of Time. For the reasons set forth below, the Court finds that default judgment is not warranted in this action and that the

Defendants have established good cause warranting leave to file their answer out of time. A. Motion for Default Judgment & Motion to Set Aside Entry of Default In support of its Motion for Default Judgment, Access Point argues that it is entitled to judgment in its favor by virtue of the Defendants’ admission of the well-pleaded facts in its complaint, due to the Clerk’s entry of default, 4 which establish the necessary elements of its claims. (Pls. Brief in Supp. of Mot. for Default J. at 13-19). Access Point also contends that, under Fed. R. Civ. P. 55(b), default judgment is warranted because its claims are for a sum

certain. ( at 19-23). The Defendants explain that Defendant Bhavesh “Bobby” Patel and Defendant Hitesh Patel are co-managing partners of a real estate development company called Golden State Hospitality Group. (Defs. Brief in Opp. to Mot. for Default J. at 4). Further, it appears that the loans at issue in this action involved Golden State’s properties, although each of the Defendants guaranteed some of the loans. ( at 5-6 (noting Golden State’s

efforts “to meet its financial obligations” to APF)). The Defendants argue that good cause exists to set aside the Clerk’s entry of default and to deny the Plaintiffs’ Motion for Default Judgment primarily because once Golden State began falling behind on its loan payments to Access Point, Defendants Bobby and Hitesh Patel began working with Access Point “to avoid enforcement actions that would not serve either party,” including Golden State’s continued “substantial progress payment[s] on the

notes.” (Defs. Brief in Opp. to Mot.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Cite This Page — Counsel Stack

Bluebook (online)
Access Point Funding I 2017-A, LLC v. Patel, Counsel Stack Legal Research, https://law.counselstack.com/opinion/access-point-funding-i-2017-a-llc-v-patel-gand-2022.