CTHC Holdings LLC v. First Capital Real Estate Investments LLC et al

Filing 66

DEFAULT JUDGMENT granting 63 Motion for Default Judgment. Default judgment is entered against the Defendants as follows: Count I-Fraud. Judgment against Suneet Singal in the amount of $1,200,000.00 in compensatory damages and in the amount of $1,000,000.00 in punitive damages; Count II-Replevin and Count III-Breach of Contract. Judgment in the amount of $8,864,735.00 against the Defendants, jointly and severally. A motion for costs and attorneys' fees must be filed separately and in accordance with Rule 54(d) and Local Rule 54.1. The Clerk is directed to close the case. Signed by Judge James M. Moody Jr. on 3/17/2020. (ljb)

IN THE UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF ARKANSAS
CENTRAL DIVISION
CTHC HOLDINGS, LLC
V.

PLAINTIFF
4:18CV00106 JM

FIRST CAPITAL REAL ESTATE
INVESTMENTS, LLC,
UNITED REALTY CAPITAL OPERATING
PARTNERSHIP, LP, and SUNEET SINGAL

DEFENDANTS

DEFAULT JUDGMENT
Pending is Plaintiff CTHC Holdings, LLC’s (ACTHC@) Motion for Default Judgment
against Defendants, a Clerk’s Default having previously been entered against all Defendants
(ECF No. 62). It appears that the Motion for Default Judgment (ECF No. 63) is well taken and
should be GRANTED. Default judgment is entered against the Defendants as follows:
a. Count I—Fraud. Judgment against Suneet Singal in the amount of $1,200,000.00 in
compensatory damages and in the amount of $1,000,000.00 in punitive damages;
b. Count II—Replevin and Count III—Breach of Contract. Judgment in the amount of
$8,864,735.00 against the Defendants, jointly and severally.
A motion for costs and attorneys’ fees must be filed separately and in accordance with
Rule 54(d) and Local Rule 54.1. The Clerk is directed to close the case.
IT IS SO ORDERED this 17th day of March, 2020.

___________________________
James M. Moody Jr.
United States District Judge