Firestone Financial, LLC v. Cyberzone, LLC

CourtDistrict Court, M.D. Alabama
DecidedMay 17, 2023
Docket3:22-cv-00568
StatusUnknown

This text of Firestone Financial, LLC v. Cyberzone, LLC (Firestone Financial, LLC v. Cyberzone, LLC) is published on Counsel Stack Legal Research, covering District Court, M.D. Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Firestone Financial, LLC v. Cyberzone, LLC, (M.D. Ala. 2023).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF ALABAMA EASTERN DIVISION

FIRESTONE FINANCIAL, LLC, ) ) Plaintiffs, ) ) v. ) CIV. ACT. NO. 3:22-cv-568-ECM ) (WO) CYBERZONE, LLC, et al., ) ) Defendants. )

MEMORANDUM OPINION and ORDER The Plaintiff Firestone Financial, LLC (“Firestone”) filed this action on September 23, 2022, bringing breach of contract, breach of guaranty and replevin claims against Cyberzone, LLC, Elaine Mary Bak, and Simon J. Bak. (Doc. 1). The Defendants failed to answer the complaint, and, on November 15, 2022, the Clerk of the Court entered default against all Defendants. (Doc. 13). Pending before the Court is the Plaintiff’s Motion for Default Judgment. (Doc. 12). Upon review of the record and applicable law, and for reasons stated herein, the motion for default judgment (doc. 12) is due to be GRANTED. I. JURISDICTION AND VENUE The Court has diversity jurisdiction over this matter pursuant to 28 U.S.C. § 1332. Firestone is a limited liability corporation whose member is Berkshire Bank, a Massachusetts-chartered bank with its principal place of business in Massachusetts. Elaine and Simon Bak are citizens of Alabama. The requisite amount in controversy exceeds $75,000.00. Personal jurisdiction and venue are uncontested. II. STANDARD OF REVIEW

Federal Rule of Civil Procedure 55 governs the procedure for obtaining a default judgment. When a defendant “has failed to plead or otherwise defend,” and the plaintiff demonstrates that failure, the clerk must enter the defendant’s default. Fed. R. Civ. P. 55(a). After entry of default, the plaintiff “must apply to the court for a default judgment.” Fed. R. Civ. P. 55(b)(2).

A default is not “an absolute confession by the defendant of his liability and of the plaintiff’s right to recover,” but is instead “only an admission of the facts cited in the Complaint, which by themselves may or may not be sufficient to establish a defendant's liability.” Pitts ex rel. Pitts v. Seneca Sports, Inc., 321 F. Supp. 2d 1353, 1357 (S.D. Ga. 2004)(citation omitted); see also Descent v. Kolitsidas, 396 F. Supp. 2d 1315, 1316 (M.D.

Fla. 2005) (“The defendants' default notwithstanding, the plaintiff is entitled to a default judgment only if the complaint states a claim for relief”); Chudasama v. Mazda Motor Corp., 123 F.3d 1353, 1370 n.41 (11th Cir. 1997) (“A default judgment cannot stand on a complaint that fails to state a claim.”). “When a defendant defaults, he “admits the plaintiff’s well-pleaded allegations of fact.” Giovanno v. Fabec, 804 F.3d 1361, 1366

(11th Cir. 2015)(quoting Lary v. Trinity Physician Fin. & Ins. Servs., 780 F.3d 1101, 1106 (11th Cir. 2015) (quotation marks omitted)). The court may but is not required to hold a hearing before entering a default judgment. “Given its permissive language, Rule 55(b)(2) does not require a damages hearing in every case.” Giovanno, 804 F.3d at 1366. Pursuant to Rule 54(c), a “default judgment must not differ in kind from, or exceed in amount, what is demanded in the pleadings.” If the record is sufficient, a district court may determine damages without a

hearing. See Sec. & Exch. Comm'n v. Smyth, 420 F.3d 1225, 1232 n.13 (11th Cir. 2005). Damages may be awarded only if the record adequately reflects the basis for award via a hearing or a demonstration by detailed affidavits establishing the necessary facts. Adolph Coors Co. v. Movement Against Racism and the Klan, 777 F.2d 1538, 1543–44 (11th Cir. 1985). When assessing damages, a district court must “assure that there is a legitimate basis

for any damage award it enters.” Anheuser Busch, Inc. v. Philpot, 17 F.3d 1264, 1266 (11th Cir. 2007). III. FACTS AND PROCEDURAL HISTORY The following facts are taken from the complaint (doc. 1) and the evidentiary material filed in support of the motion for default judgment (doc. 12).

On June 30, 2015, Firesetone, as lender, and Cyberzone, as borrower, entered into a Master Security Agreement wherein Firestone held a first priority security interest in the collateral of Cyberzone including all equipment held by Cyberzone. (Doc. 1 at 2, para. 7). Defendants Elaine and Simon Bak executed a Master Unlimited Guaranty in which they guaranteed the payment and performance of all liabilities and agreements of Cyberzone.

(Id. at 3, para. 8). Cyberzone subsequently executed three promissory notes in favor of Firestone, which Elaine and Simon Bak also fully guaranteed. In July, 2022, Cyberzone defaulted on the promissory notes. Firestone seeks to recover on the promissory notes and guarantees. It also seeks to recover the equipment in the possession of Cyberzone. According to Firestone, the unpaid accelerated balance on the first loan is $13,027.75. Including fees and prejudgment

interest, Cyberzone owes $13,571.81 on the loan. Firestone asserts that Cyberzone owes $71,973.70 inclusive of fees and interest on the second loan, and $87,231.83 inclusive of fees and interest on the third loan, for a total owed of $172,777.34. Defendants Elaine Bak and Simon Bak personally guaranteed Cyberzone’s obligations to Firestone under the loans.

The Court ordered that the Defendants to show cause why the motion for default judgment should not be granted. (Doc. 16). No response to the show-cause order was received. Although the Defendants have been served with notice of this action, (docs. 6– 80, none of the Defendants have participated in this case. IV. DISCUSSION

In the Eleventh Circuit there is a “strong policy of determining cases on their merits and we therefore view defaults with disfavor.” In re Worldwide Web Systems, Inc., 328 F.3d 1291, 1295 (11th Cir. 2003). Although default judgments are not favored, they are appropriate when the adversary process has been halted because of an unresponsive party. Flynn v. Angelucci Bros. & Sons, Inc., 448 F. Supp. 2d 193, 195 (D.D.C. 2006) (citation

omitted). In addition, it is well-settled that a “district court has the authority to enter default judgment for failure . . . to comply with its orders or rules of procedure.” Wahl v. McIver, 773 F.2d 1169, 1174 (11th Cir. 1985). Where, as here, the Defendants have failed to respond to pleadings or otherwise acknowledge the pendency of this lawsuit after being served, entry of default judgment may be appropriate. “The allegations must be well-pleaded in order to provide a sufficient basis for the

judgment entered.” De Lotta v. Dezenzo's Italian Rest., Inc., 2009 WL 4349806 at *2 (M.D. Fla. 2009) (citing Eagle Hosp. Physicians, LLC v.

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Chudasama v. Mazda Motor Corp.
123 F.3d 1353 (Eleventh Circuit, 1997)
Securities & Exchange Commission v. Smyth
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561 F.3d 1298 (Eleventh Circuit, 2009)
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State Farm Fire & Casualty Co. v. Slade
747 So. 2d 293 (Supreme Court of Alabama, 1999)
Flynn v. Angelucci Bros & Sons, Inc.
448 F. Supp. 2d 193 (District of Columbia, 2006)
Pitts Ex Rel. Pitts v. Seneca Sports, Inc.
321 F. Supp. 2d 1353 (S.D. Georgia, 2004)
Descent v. Kolitsidas
396 F. Supp. 2d 1315 (M.D. Florida, 2005)
Irina Giovanno v. Louis Fabec
804 F.3d 1361 (Eleventh Circuit, 2015)

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Bluebook (online)
Firestone Financial, LLC v. Cyberzone, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/firestone-financial-llc-v-cyberzone-llc-almd-2023.