Switch Ltd. v. Protego Financial Corporation f/k/a Protego Trust Company

CourtDistrict Court, D. Nevada
DecidedFebruary 14, 2025
Docket3:24-cv-00250
StatusUnknown

This text of Switch Ltd. v. Protego Financial Corporation f/k/a Protego Trust Company (Switch Ltd. v. Protego Financial Corporation f/k/a Protego Trust Company) is published on Counsel Stack Legal Research, covering District Court, D. Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Switch Ltd. v. Protego Financial Corporation f/k/a Protego Trust Company, (D. Nev. 2025).

Opinion

3 UNITED STATES DISTRICT COURT

4 DISTRICT OF NEVADA

5 SWITCH, LTD, a Nevada limited Case No. 3:24-cv-00250-ART-CLB 6 liability company, ORDER 7 Plaintiff, v. (ECF Nos. 9, 11) 8 PROTEGO FINANCIAL 9 CORPORATION, a Washington State Company; et al., 10 Defendants. 11 12 Before the Court is Plaintiff Switch LTD’s Motion for Default Judgment 13 against Defendant Protego Financial Corporation under Fed. R. Civ. P. 55(b) (ECF 14 No. 9) and Switch’s Motion to Seal its contract, service orders, and invoice filed 15 to support its motion (ECF No. 11). 16 I. Background 17 Plaintiff Switch LTD provides data-center services. (ECF No. 1.) Defendant 18 Protego is a cryptocurrency business. (Id.) Switch contracted to provide data- 19 center services to Protego in exchange for monthly payments over several years, 20 and Protego stopped paying shortly after, in December 2022. (ECF No. 13.) A few 21 months later, Switch sent payment reminders and written notice of breach. (Id.) 22 In April 2023, after Switch sent written notice of termination, Protego made a 23 partial payment of $10,000 on their $129,198 balance. (Id.) Protego again paid 24 $10,000 that May, but it stopped making any further payments from June 2023 25 onward. (Id.) Switch terminated services and the contract. (ECF No. 9.) 26 Switch’s contract with Protego permitted Switch to collect the balance of 27 contract payments following breach. (ECF No. 13-1.) The contract also permitted 28 Switch to dispose of Protego’s equipment should Protego fail to remove its 1 equipment from Switch’s data center within ninety days of receiving post- 2 termination notice. (See id.) Switch provided written notice of termination and 3 written notice of Switch’s intent to dispose of Protego’s property. (ECF No. 13.) 4 Protego has not removed its equipment, and more than ninety days have elapsed 5 since Switch provided post-termination notice. (Id.) 6 Switch sued Protego in this Court seeking damages, attorneys’ fees, costs 7 in collection, and a judicial order permitting Switch to dispose of Protego’s 8 equipment by auction. (ECF No. 9.) Switch also provided a declaration from 9 Switch’s litigation paralegal Tanya Paonessa that contained Switch’s contract 10 with Protego, Switch’s service orders, and an invoice. (See ECF No. 13.) 11 Protego failed to appear after a process server completed service on their 12 registered agent, and the Clerk entered Default soon after. (ECF Nos. 7, 8.) To 13 date, Protego has not entered an appearance or opposed Switch’s motion. (ECF 14 No. 14.) 15 II. Legal Standard for Default Judgment 16 After the Clerk has entered default against a party, an opposing party may 17 seek default judgment. Fed. R. Civ. P. 55(b). In deciding whether to grant default 18 judgment, the Court considers factors including “(1) the possibility of prejudice 19 to the plaintiff, (2) the merits of plaintiff's substantive claim, (3) the sufficiency of 20 the complaint, (4) the sum of money at stake in the action, (5) the possibility of a 21 dispute concerning material facts, (6) whether the default was due to excusable 22 neglect, and (7) the strong policy underlying the Federal Rules of Civil Procedure 23 favoring decisions on the merits.” See NewGen, LLC v. Safe Cig, LLC, 840 F.3d 24 606, 613–14 (9th Cir. 2016) (citing Eitel v. McCool, 782 F.2d 1470, 1471–72 (9th 25 Cir. 1986)). “Upon default, the factual allegations in the complaint are taken as 26 true, except those related to the amount of damages.” Osgood v. Main Streat 27 Mktg., LLC, No. 16-CV-2415-GPC(BGS), 2018 WL 11408584 (S.D. Cal. Mar. 21, 28 2018) (citing Geddes v. United Fin. Grp., 559 F.2d 557, 560 (9th Cir. 1977)). 1 III. Analysis 2 As the Clerk has already entered default against Protego (ECF No. 8), the 3 Court considers Switch’s motion for default judgment. 4 A. Prejudice to Plaintiff 5 The possibility of prejudice to the plaintiff may be satisfied by showing 6 harm and showing that plaintiffs lack other recourse without default judgment. 7 Nolan v. Calello, No. 2:21-CV-00981-AB-RAO, 2021 WL 4621945, at *3 (C.D. Cal. 8 July 8, 2021); BBK Tobacco & Foods, LLP v. Aims Grp. USA Corp., No. 2:22-CV- 9 01648-GMN-BNW, 2024 WL 1160715, at *3 (D. Nev. Mar. 15, 2024). In this case 10 Switch has received only $20,000 on a contract worth over a million dollars and 11 has had to incur costs of providing energy to Protego’s equipment and space 12 within the facility. (ECF No. 13.) This is enough to show prejudice. 13 B. Merits of Plaintiff’s Claims and Sufficiency of Complaint 14 Switch’s complaint must allege facts that support plausible, legally 15 cognizable claims. NewGen, 840 F.3d at 613–14. Switch’s complaint seeks relief 16 under breach of contract and declaratory judgment claims. (ECF No. 9.) 17 To plead a breach of contract, Switch must allege “(1) the existence of a 18 valid contract, (2) that the plaintiff performed, (3) that the defendant breached, 19 and (4) that the breach caused the plaintiff damages.” See Iliescu v. Reg’l Transp. 20 Comm’n of Washoe Cty., 522 P.3d 453, 458 (Nev. App. 2022). The complaint 21 alleged that a contract existed, that Switch provided space to Protego, that 22 Protego failed to pay Switch, and that the breach harmed Switch. (See ECF No. 23 1.) Because the Clerk entered default against Protego, these allegations are 24 accepted as true. See BBK Tobacco & Foods, 2024 WL 1160715, at *2. 25 To plead a claim for declaratory relief, Switch must allege “(1) a justiciable 26 controversy exists between persons with adverse interests, (2) the party seeking 27 declaratory relief has a legally protectable interest in the controversy, and (3) the 28 issue is ripe for judicial determination.” Cnty. of Clark, ex rel. Univ. Med. Ctr. v. 1 Upchurch, 961 P.2d 754, 757 (Nev. 1998). Switch adequately alleged that a 2 controversy exists between it and Protego, that Switch has a legally protectable 3 interest in its rights under the contract, and that Switch’s right to dispose of 4 Protego’s equipment is ripe for judicial determination. (See ECF No. 1.) 5 Accordingly, these Eitel factors favor granting default judgment. 6 C. Damages at Stake in Relation to Seriousness 7 The damages at stake in the case are proportional to the seriousness of 8 Protego’s conduct. Compensatory damages are proportional to harm caused by 9 “persistent disregard for [] contractual obligations.” Sit Means Sit Franchise, Inc. 10 v. SMSHTX, LLC, No. 2:23-CV-01464-CDS-DJA, 2024 WL 3202561, at *3 (D. Nev. 11 June 26, 2024). Switch’s contract with Protego permitted Switch to seek to collect 12 the balance of the contract if Protego breached the contract. (See ECF No. 13-1.) 13 The contract also permitted Switch to dispose of Protego’s equipment if Protego 14 did not remove its equipment from Switch’s data center within ninety days of 15 receiving post-termination notice. (Id.) Both conditions have been met, and the 16 Court finds Switch’s damages appropriate. 17 D. Disputes of Material Facts 18 There is no dispute concerning material facts at this stage in proceedings. 19 NewGen, 840 F.3d at 616. After the Clerk has entered default, “the well-pleaded 20 allegations of the complaint relating to a defendant's liability are taken as true, 21 with the exception of the allegations as to the amount of damages. PepsiCo, Inc. 22 v. California Sec. Cans, 238 F. Supp. 2d 1172

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Switch Ltd. v. Protego Financial Corporation f/k/a Protego Trust Company, Counsel Stack Legal Research, https://law.counselstack.com/opinion/switch-ltd-v-protego-financial-corporation-fka-protego-trust-company-nvd-2025.