Blue Castle (Cayman) Ltd. v. David Jones; Jacqueline Callahan; Principis Capital, LLC; Toprock Funding, LLC; Incorporated Village of Lynbrook; Robert Baxmeyer; Jonathan Jones

CourtDistrict Court, E.D. New York
DecidedNovember 21, 2025
Docket2:25-cv-00152
StatusUnknown

This text of Blue Castle (Cayman) Ltd. v. David Jones; Jacqueline Callahan; Principis Capital, LLC; Toprock Funding, LLC; Incorporated Village of Lynbrook; Robert Baxmeyer; Jonathan Jones (Blue Castle (Cayman) Ltd. v. David Jones; Jacqueline Callahan; Principis Capital, LLC; Toprock Funding, LLC; Incorporated Village of Lynbrook; Robert Baxmeyer; Jonathan Jones) is published on Counsel Stack Legal Research, covering District Court, E.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Blue Castle (Cayman) Ltd. v. David Jones; Jacqueline Callahan; Principis Capital, LLC; Toprock Funding, LLC; Incorporated Village of Lynbrook; Robert Baxmeyer; Jonathan Jones, (E.D.N.Y. 2025).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK BLUE CASTLE (CAYMAN) LTD., Plaintiff, -against- REPORT AND RECOMMENDATION DAVID JONES; JACQUELINE 2:25-cv-152 (NCM)(ST) CALLAHAN; PRINCIPIS CAPITAL, LLC; TOPROCK FUNDING, LLC; INCORPORATED VILLAGE OF LYNBROOK; ROBERT BAXMEYER, and JONATHAN JONES Defendants. TISCIONE, United States Magistrate Judge: Defendant David Jones purchased property in Massapequa, New York and executed a note and mortgage in favor of Geneva Mortgage Corp. After a series of transfers, the mortgage was assigned to Blue Castle (Cayman) Ltd. (‘Plaintiff’). David Jones defaulted on his mortgage payment. Plaintiff now moves for default judgment, to execute a foreclosure sale, and to drop Defendant Robert Baxmeyer from the action. The motion is unopposed. For the foregoing reasons, the motion should be GRANTED in part and DENIED in part. BACKGROUND' I. Parties Plaintiff Blue Castle (Cayman) LTD. is a corporation organized under the laws of the Cayman Islands with its principal place of business in Florida. Compl. § 2, ECF No. 1. Plaintiff □□ the mortgagee and party seeking foreclosure. /d. Defendant David Jones is a New York resident. David Jones is a mortgagor and obligor under the note. /d. 4 3. David Jones is the only Defendant against whom Plaintiff seeks monetary

' This Court takes the following factual allegations from Plaintiff’s Complaint (“Compl”) as well as documents integral to the filing and upon which the filing relies. See Subaru Distribs. Corp. v. Subaru of Am., Inc., 425 F.3d 119, 122 (2d Cir, 2005). -|-

liability. All other Defendants are nominal, having subordinate interest in the property and named pursuant to New York Real Property Actions and Proceedings Law (““RPAPL”) § 1311. Defendant Jacqueline Callahan (““Calahan”) is a New York resident and title owner of the property. Callahan is a mortgagor but not a borrower under the note. /d. § 4. Callahan is also a tenant on the property. Jonathan Jones is tenant of the property. /d. § 9. Robert Baxmeyer (“Baxmeyer”) is a New York resident and former tenant of the property. Jd. § 8. Principis Capital, LLC (“Principis”) is a New York corporation. Principis holds a judgment against David Jones in his personal capacity. /d. □ 5. Toprock Funding, LLC, (“Toprock”) is a New York corporation. Toprock holds a subordinate judgment against the property. /d. § 6. The Incorporated Village of Lynbrook (Lynbrook”’) is a New York governmental entity. Lynbrook holds a subordinate judgment against the property. Jd. § 7. II. Factual Allegations On September 29, 2005, David Jones purchased real property in Massapequa, New York. Id. §§| 15-16. To secure funding, David Jones executed a promissory note in favor of Geneva Mortgage Corp. (“Geneva”) for $359,000. /d. § 15. David Jones and Callahan executed a mortgage in favor of Geneva to secure the note. /d. { 16. The mortgage was recorded with the Nassau County Clerk on October 26, 2005. Jd. § 16. On January 18, 2007, David Jones took out a second loan for $58,000.77 from Geneva. /d. J 17. David Jones executed a promissory note in favor of Geneva the same day. /d. J 18. David Jones and Callahan executed a second mortgage in favor of Geneva to secure the note. /d. § 18. The mortgage was recorded with the Nassau County Clerk on February 14, 2007. Id. Around the same time, David Jones and Geneva consolidated the two loan obligations to one note in the amount of $417,000 and executed a third mortgage to secure the note. /d. § 19. The

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consolidated mortgage was recorded with the Nassau County Clerk on February 14, 2007. Jd. § 20. The consolidated loan was subsequently modified on August 3, 2017. /d. § 21. Importantly, the modification did not displace the terms of the original consolidated note and mortgage. /d. § 21. On December 1, 2017, David Jones failed to make his monthly payment, thereby defaulting. /d. ¥ 25. After a series of transfers, the consolidated mortgage was assigned to Plaintiff on June 15, 2023. Id. J] 22-24. Likewise, the consolidated note was transferred to Plaintiff. /d. 9] 22-23. On September 28, 2023, Plaintiff provided David Jones and Callahan 90-day notice pursuant to RPAPL § 1304, and 30-day notice pursuant to the terms of the mortgage. /d. § 29. il. Procedural History Plaintiff brought a prior foreclosure action in the New York Supreme Court of Nassau County which was discontinued on October 23, 2023. /d. ¥ 33. Plaintiff brought a second foreclosure on February 7, 2024, in this District under docket number 24-cv-953. Id. § 34. The second foreclosure was dismissed on December 26, 2024, for lack of diversity jurisdiction. /d. Plaintiff commenced this foreclosure action January 9, 2025. On February 13, 2025, Plaintiff voluntarily dismissed Victoria Tortola, a former tenant. See Stipulation of Dismissal, ECF No. 19. The remaining Defendants collectively failed to answer or otherwise respond. Default was entered against Defendants on February 26, 2025. See Clerk’s Entry of Default, ECF No. 21. On April 18, 2025, Plaintiff filed a motion for default judgment. See ECF No. 23. On April 21, 2025, Judge Merle referred Plaintiff’s default judgment to this Court for a Report and Recommendation. See Docket Order, dated April 21, 2025. The motion in unopposed.

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LEGAL STANDARD Obtaining a default judgment is a two-step process. See Fed. R. Civ. P. 55. Step one is to obtain an entry of default from the Clerk of Court. See Fed. R. Civ. P. 55(a). “When a party against whom a judgment for affirmative relief is sought has failed to plead or otherwise defend, and that failure is shown by affidavit or otherwise, the clerk must enter the party’s default.” /d. Here, Defendants are in default. Step two is to seek default judgment. See Fed. R. Civ. P. 55(b). “If the plaintiff's claim is for a sum certain or a sum that can be made certain by computation,” the clerk must, “on the plaintiff's request, with an affidavit showing the amount due . . . enter judgment for that amount and costs against a defendant... .” Fed. R. Civ. P. 55(b)(1). “In all other cases,” a party must move for a default judgment before the court. Fed. R. Civ. P. 55(b)(2). When a plaintiff moves for default judgment, the court must accept the complaint’s well- pleaded factual allegations as true. Finkel v. Romanowicz, 577 F.3d 79, 84 (2d Cir. 2009); see City of New York v. Mickalis Pawn Shop, LLC, 645 F.3d 114, 137 (2d Cir. 2011) (“a defendant who defaults thereby admits all ‘well-pleaded’ factual allegations contained in the complaint.”’). From there, the court must determine whether the facts alleged establish the defendant’s liability as a matter of law. Mickalis Pawn Shop, 645 F.3d at 137. After all, “liability does not automatically attach from the well-pleaded allegations of the complaint, as it remains the court’s responsibility to ensure that the factual allegations, accepted as true, provide a proper basis for liability and relief.” Rolls-Royce PLC v. Rolls-Royce USA, Inc., 688 F.Supp.2d 150, 153 (E.D.N.Y. 2010). After determining liability, the court decides whether, and how much, to award in damages. Finkel, 577 F.3d at 83 n.6 (“a default is not an admission of damages”).

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Blue Castle (Cayman) Ltd. v. David Jones; Jacqueline Callahan; Principis Capital, LLC; Toprock Funding, LLC; Incorporated Village of Lynbrook; Robert Baxmeyer; Jonathan Jones, Counsel Stack Legal Research, https://law.counselstack.com/opinion/blue-castle-cayman-ltd-v-david-jones-jacqueline-callahan-principis-nyed-2025.