Wells Fargo Bank, N.A. v. R.H. Simmons, L.L.C. et al

Filing 26

ORDER ADOPTING the 25 REPORT AND RECOMMENDATIONS. It is ordered that plaintiff's Motion for Default Judgment (doc. 15) be, and the same hereby is, granted. Default judgment shall be entered in plaintiffs favor and against both defendants, joi ntly and severally, in the total amount of $493,878.21 (inclusive of principal, interest, pre-judgment interest calculated through todays date, stipulated attorneys fees and net costs). Post-judgment interest will accrue at the rate of 0.12%. Signed by Chief Judge William H. Steele on 1/9/2012. (tgw)

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IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF ALABAMA SOUTHERN DIVISION WELLS FARGO BANK, N.A., Plaintiff, v. R.H. SIMMONS, LLC and RANDALL H. SIMMONS, Defendants. ) ) ) ) ) ) ) ) ) ) CIVIL ACTION 10-0677-WS-N ORDER After due and proper consideration of all pleadings in this file, and there having been no objections filed, the Report and Recommendation (doc. 25) of the Magistrate Judge dated December 14, 2011 and made pursuant to 28 U.S.C. § 636 is adopted as the opinion of this Court. Accordingly, it is ordered that plaintiff’s Motion for Default Judgment (doc. 15) be, and the same hereby is, granted. Default judgment shall be entered in plaintiff’s favor and against both defendants, jointly and severally, in the total amount of $493,878.21 (inclusive of principal, interest, pre-judgment interest calculated through today’s date, stipulated attorney’s fees and net costs). Post-judgment interest will accrue at the rate of 0.12%, in accordance with 28 U.S.C. § 1961(a). DONE and ORDERED this 9th day of January, 2012. s/ WILLIAM H. STEELE CHIEF UNITED STATES DISTRICT JUDGE

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