PNC BANK, N.A. v. Kool Stuff Designs, LLC

CourtDistrict Court, S.D. Florida
DecidedApril 14, 2025
Docket0:24-cv-61283
StatusUnknown

This text of PNC BANK, N.A. v. Kool Stuff Designs, LLC (PNC BANK, N.A. v. Kool Stuff Designs, LLC) is published on Counsel Stack Legal Research, covering District Court, S.D. Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
PNC BANK, N.A. v. Kool Stuff Designs, LLC, (S.D. Fla. 2025).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA

CASE NO. 0:24-CV-61283-LEIBOWITZ/AUGUSTIN-BIRCH

PNC BANK, N.A.,

Plaintiff,

v.

KOOL STUFF DESIGNS, LLC, et al.,

Defendants. ________________________________________/

REPORT AND RECOMMENDATION ON PLAINTIFF’S MOTION FOR ATTORNEYS’ FEES, EXPENSES, AND COSTS

This cause comes before the Court on Plaintiff PNC Bank, N.A.’s Motion for Attorneys’ Fees, Expenses, and Costs. DE 17. The Honorable David S. Leibowitz, United States District Judge, referred the Motion to the undersigned United States Magistrate Judge for a report and recommendation. DE 20. Defendants Kool Stuff Designs, LLC, Kinney Wu, and Belan Nguyen have not responded to Plaintiff’s Motion, and the time for them to do so has expired. For the reasons set forth below, the Court RECOMMENDS GRANTING IN PART AND DENYING IN PART Plaintiff’s Motion [DE 17]. I. Background

Plaintiff sued Defendants Kool Stuff Designs, Kinney Wu, and Belan Nguyen after they defaulted on a business loan. DE 1. Despite being served, DE 8-1; DE 8-2; DE 8-3, Defendants did not respond to Plaintiff’s Complaint. As a result, Plaintiff moved for a clerk’s entry of default, DE 9, and the Clerk’s Office entered a default for all Defendants. DE 10. Thereafter, Plaintiff moved for default judgment, DE 14, and Judge Leibowitz granted default judgment in Plaintiff’s favor. DE 15; DE 16. After obtaining a default judgment, Plaintiff filed the present Motion for Attorneys’ Fees, Expenses, and Costs, seeking $8,951 in fees and $764 in costs. DE 17. II. Plaintiff is Entitled to Reasonable Fees and Costs Under the “American Rule,” prevailing litigants normally pay their own fees unless a statute or contract permits recovery from the non-prevailing party. Marx v. Gen. Revenue Corp., 568 U.S. 371, 382 (2013). In its Motion, Plaintiff contends that Florida law and the terms of Defendants’ loan documents entitle it to its attorney’s fees and costs.1 DE 17 at 2. Specifically,

Plaintiff highlights Defendants’ loan application, which includes the following provision: To the extent that the Bank incurs any costs or expenses in protecting or enforcing its rights under the Obligations or this guaranty, including reasonable attorneys’ fees and the costs and expenses of litigation, such costs and expenses will be due on demand, will be included in the Obligations, and will bear interest from the incurring or payment thereof in accordance with the Terms and Conditions.

DE 1-1 at 3. Plaintiff also explains that Defendants’ line of credit agreement provides that, upon default, Plaintiff can recover “our attorneys’ fees and legal expenses whether or not there is a lawsuit.” DE 1-2 at 5. Based on these provisions––and Judge Leibowitz’s ruling that Plaintiff, as the prevailing party, is entitled to recover its attorney’s fees and costs, DE 15 at 11––the Court concludes that Plaintiff is entitled to recover its reasonable attorney’s fees and costs. III. Reasonable Attorney’s Fees To determine reasonable attorney’s fees, courts must employ the “lodestar” method. See Norman v. Hous. Auth. of City of Montgomery, 836 F.2d 1292, 1299 (11th Cir. 1988). The first step of the lodestar method is determining a reasonable rate. Id. “A reasonable hourly rate is the prevailing market rate in the relevant legal community for similar services by lawyers of reasonably comparable skills, experience, and reputation.” Id. The attorney moving to receive his

1 Although Plaintiff claims Florida law supports its entitlement to attorney’s fees and costs, Plaintiff does not actually cite to a Florida statute or any other Florida authority. See DE 17 at 2. or her fees bears the burden of justifying the reasonableness of their requested rate. See Blum v. Stenson, 465 U.S. 886, 895 n.11 (1984) (“In seeking some basis for a standard, courts properly have required prevailing attorneys to justify the reasonableness of the requested rate or rates. To inform and assist the court in the exercise of its discretion, the burden is on the fee applicant to produce satisfactory evidence—in addition to the attorney’s own affidavits––that the requested rates are in line with those prevailing in the community for similar services by lawyers of reasonably comparable skill, experience and reputation.”). Moreover, courts are considered

experts on the matter of reasonable hourly rates for attorneys and may rely on their own knowledge and experience when determining a reasonable hourly rate. Loranger v. Stierheim, 10 F.3d 776, 781 (11th Cir. 1994) (quoting Norman, 836 F.2d at 1303). A. Reasonable Hourly Rates Plaintiff seeks to recover attorney’s fees for four timekeepers: (1) Attorney Richard Aguilar, (2) Attorney Carter Pope, (3) Attorney Lauren Baio, and (4) Paralegal Catherine Lockley. See DE 17-1 at 5–15. The hourly rates Plaintiff requests are as follows: $280 for Attorneys Aguilar, Pope, and Baio and $155 for Paralegal Lockley. Id. at 2. The justification, however, for Plaintiff’s requested hourly rates is largely absent from Plaintiff’s briefing. For example, Plaintiff does not include any previous instances where its timekeepers were awarded their requested hourly rates,

nor does Plaintiff include any caselaw demonstrating similar awards for attorneys of comparable skill, experience, and reputation. Additionally, Plaintiff does not provide the experience for all of its timekeepers. The only information the Court has about the timekeepers’ experience is Attorney Pope’s affidavit, which states that Attorney Pope was admitted to the Florida Bar in 2022. Id. ¶ 2. But Attorney Pope’s affidavit says nothing about the experience of Attorney Aguilar, Attorney Baio, or Paralegal Lockley, outside of mentioning their titles within their law firm. See id. at 1–2. Nevertheless, the Court has determined from the Louisiana Bar website that Attorney Aguilar was admitted to practice in 1986.2 See Ricardo A. Aguilar, LBSA Membership Directory, THE LOUISIANA STATE BAR ASSOCIATION, https://www.lsba.org/MD321654/MembershipDirectoryV1.aspx (last visited Apr. 14, 2025). And from the Florida Bar website, the Court has determined that Attorney Baio was admitted to practice in 2017. See Lauren Anna Baio, Member Profile, THE FLORIDA BAR, https://www.floridabar.org/directories/find-mbr/profile/?num=1002909 (last visited Apr. 14,

2025). The Court could not find any information about Paralegal Lockley’s experience. Based on Attorney Aguilar’s considerable experience and previous court awards, the Court finds Attorney Aguilar’s hourly rate of $280 to be reasonable. See Transp. All. Bank, Inc. v. PeeWee’s Hauling, Inc., No. 218CV499FTM66MRM, 2020 WL 7232239, at *3 (M.D. Fla. Oct. 6, 2020) (recommending $395 hourly rate for Attorney Aguilar), report and recommendation adopted, No. 2:18-CV-499-JLB-MRM, 2020 WL 7229748 (M.D. Fla. Dec. 8, 2020). Based on Attorney Baio’s experience and previous court awards, the Court finds an hourly rate of $250 to be reasonable. See PNC Bank, N.A. v. Colmenares Brothers, LLC, No. 21-24229-CIV, 2023 WL 9289067, at *4 (S.D. Fla. Nov. 15, 2023) (finding $250 hourly rate reasonable for Attorney Baio), report and recommendation adopted sub nom. PNC Bank, NA v. Colmenares Brothers, LLC, No.

21-24229-CIV, 2024 WL 181682 (S.D. Fla. Jan. 17, 2024). Attorney Baio was awarded fees at an hourly rate of $250 just last year, and Plaintiff’s briefing does not include any reason for awarding Attorney Baio fees at a higher rate now. Based on Attorney Pope’s experience,3 the Court finds an hourly rate of $250 to also be reasonable. See Hernandez v. Scottsdale Ins. Co., No.

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PNC BANK, N.A. v. Kool Stuff Designs, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/pnc-bank-na-v-kool-stuff-designs-llc-flsd-2025.