Ally Financial Inc. and Ally Bank v. Cook Metz II, LLC and Jason Metz

CourtDistrict Court, N.D. Indiana
DecidedFebruary 13, 2026
Docket3:25-cv-00649
StatusUnknown

This text of Ally Financial Inc. and Ally Bank v. Cook Metz II, LLC and Jason Metz (Ally Financial Inc. and Ally Bank v. Cook Metz II, LLC and Jason Metz) is published on Counsel Stack Legal Research, covering District Court, N.D. Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ally Financial Inc. and Ally Bank v. Cook Metz II, LLC and Jason Metz, (N.D. Ind. 2026).

Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF INDIANA SOUTH BEND DIVISION ALLY FINANCIAL INC. and ) ALLY BANK, ) ) Plaintiffs, ) ) v. ) No. 3:25 CV 649 ) COOK METZ II, LLC and JASON ) METZ, ) ) Defendants. ) OPINION and ORDER This matter is before the court on plaintiffs Ally Financial Inc. and Ally Bank’s (collectively, “Ally”) motion for default judgment. (DE # 15.) For the reasons that follow, plaintiffs’ motion is granted. I. BACKGROUND In July 2025, Ally brought suit against defendants Cook Metz II, LLC (“Dealer”), and Jason T. Metz (“Metz”). (DE # 1.) Plaintiffs claim that Dealer breached its contract with Ally and that Metz breached its guaranties with Ally. On August 1, 2025, plaintiffs served Dealer via its registered agent. (DE # 9.) On August 6, 2025, plaintiffs served Metz via personal service. (DE # 10.) Pursuant to Federal Rule of Civil Procedure 12(a)(1)(A)(i), defendants had 21 days to file a responsive pleading. They failed to do so. On September 2, 2025, at the plaintiffs’ request, the Clerk entered default against the defendants. (DE ## 13, 14.) Plaintiffs subsequently filed the present motion for default judgment. (DE # 15.) To date, defendants have not appeared in this case. Plaintiffs seek damages in the amount of $213,455.79. II. LEGAL STANDARD

The court may enter default judgment against a party against whom affirmative relief is sought when it fails to plead or otherwise defend. FED. R. CIV. P. 55(b)(2). “The grant or denial of a motion for the entry of a default judgment lies within the sound discretion of the trial court . . ..” Dundee Cement Co. v. Howard Pipe & Concrete Prods. Inc., 722 F.2d 1319, 1322 (7th Cir. 1983). If the court determines that the defendant is in

default, all well-pleaded allegations of the complaint, except those relating to the amount of damages, will be taken as true. Black v. Lane, 22 F.3d 1395, 1399 (7th Cir. 1994). The court may hold a hearing or conduct an investigation to determine the amount of damages, FED. R. CIV. P. 55(b)(2), however, no investigation is needed if “the amount claimed is liquidated or capable of ascertainment from definite figures contained in the documentary evidence or in detailed affidavits.” Dundee Cement Co.,

722 F.2d at 1323. III. FACTS Based on defendants’ default, the court takes the allegations in the complaint (except those related to the amount of damages) as true. The affidavits plaintiffs submitted with the motion further establish the veracity of the allegations made in the

complaint. (See DE ## 16-1, 16-2.) In 2016, Ally and Dealer entered into an agreement titled Inventory Financing 2 and Security Agreement (“the Agreement”). (DE # 1-1.) Under the Agreement, Ally provided Dealer with inventory financing for the acquisition of new and used automobiles and trucks for sale and lease through Dealer’s retail automotive sales

business. (Id. at 2.) Dealer agreed to fully and promptly repay the amount Ally advanced to Dealer, with interest and other fees provided for in the Agreement. (Id. at 6.) Dealer agreed to make such payments in full to Ally as each vehicle was sold, leased, or otherwise disposed of. (Id.) Under Section III.D.1 of the Agreement, Dealer granted Ally a security interest in certain collateral. (Id. at 8.) Section III.J.1 of the Agreement

provided that if Dealer defaulted on its obligations, or if Ally deemed itself insecure concerning timely, full payments of Dealer’s obligations, Ally had the right to demand immediate payment in full of all obligations owed by Dealer under the Agreement. (Id. at 17.) Metz, the sole member of Dealer, executed personal continuing guaranties to Ally (collectively, “the Guaranty”), for full payment of all indebtedness of Dealer to

Ally, together with all costs, expenses, and attorneys’ fees incurred by Ally in connection with any default of Dealer. (DE ## 2, 3.) In January 2024, Ally notified Dealer that it was terminating Dealer’s wholesale credit lines in accordance with the terms of the Agreement, and demanded full payment of all the amounts due, to be paid no later than April 19, 2024. (DE # 16-2 at 4.) In

February 2024, Metz advised Ally that Dealer applied for alternative floorplan financing with other financial service providers. (Id.) In April 2024, Metz updated Ally 3 on its progress securing financing, and requested additional time to obtain alternative financing. (Id. at 4-5.) Ally provided Dealer with extended time, through June 21, 2024, to secure alternative financing, consummate a sale of Dealer, or otherwise liquidate the

remaining inventory. (Id. at 5.) On June 25, 2024, based on Dealer’s failure to remit payment of its obligations to Ally, Ally terminated Dealer’s credit lines and advised that the credit lines would be administered on a self-liquidating basis. (Id.) Ally also provided Dealer with additional time to remit payment of the remaining obligations owed to Ally by August 23, 2024. (Id.)

On August 30, 2024, Dealer made a $45,567.90 payment to Ally, but the payment was returned due to insufficient funds in Dealer’s bank account. (Id.) Dealer provided replacement funds on September 9, 2024. (Id.) On August 30, 2024, Ally provided Dealer with a final extension to October 11, 2024, provided Dealer complied with all agreements and Ally did not experience any material adverse changes. (Id. at 5.) On September 6, 2024, after discovering a payment

in the amount of $62,340.70 for another sold vehicle was past due, and based on Dealer’s defaults, Ally required on-site representatives to remain on Dealer’s premises to monitor Ally collateral and maintain physical control of keys, titles, and other ownership documents. (Id.) On November 13, 2024, Dealer executed a voluntary surrender of collateral

agreement, whereby it agreed to surrender vehicles to Ally. (Id. at 6.) Ally repossessed the vehicles in 2025, and disposed of the vehicles. (Id.) In April 2025, Ally demanded 4 that Dealer and Metz pay all outstanding amounts, but Dealer and Metz have failed to do so. (Id.) IV. LEGAL CONCLUSIONS

A. Jurisdiction The court has subject matter jurisdiction under 28 U.S.C. § 1332 because the parties are citizens of different states and the amount in controversy is greater than $75,000.00. Venue is proper under 28 U.S.C. § 1391. Personal jurisdiction is established over defendants due to defendants’ minimum contacts with Indiana.

B. Breach of Contract Ally’s claims against Dealer and Metz are for breach of contract.1 (DE # 1 at 5.) “When a federal court sits in diversity, we look to the choice-of-law rules of the forum state to determine which state’s law applies to the issues before it.” Sosa v. Onfido, Inc., 8 F.4th 631, 637 (7th Cir. 2021) (cleaned up). Under Indiana law, the parties’ choice-of-law provision dictates the substantive law to be applied. See e.g. Allen v. Great Am. Rsrv. Ins.

Co., 766 N.E.2d 1157, 1162 (Ind. 2002); Lincoln Nat’l Life Ins. Co. v. Kennedy, 167 N.E.3d 349, 353 (Ind. Ct. App. 2021). Here, the parties’ choice of law provision states that any claim shall be resolved under Indiana law.

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Bluebook (online)
Ally Financial Inc. and Ally Bank v. Cook Metz II, LLC and Jason Metz, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ally-financial-inc-and-ally-bank-v-cook-metz-ii-llc-and-jason-metz-innd-2026.