Coastal Commerce Bank v. S M Energy L L C et al

Filing 77

PARTIAL DEFAULT JUDGMENT adopting in part and rejecting in part 70 Report and Recommendations; granting in part 46 Motion for Default Judgment against Lancon for the amount of $5,175,431.24 representing the principal indebtedness, less cre dit for the credit bids made by Coastal in the amount of $1,125,000.00, for a total judgment in the amount of $4,050,431.24. IT IS FURTHER ORDERED that Plaintiff particularize the amounts that it claims to be owed as outlined in this judgme nt by November 6, 2017. FURTHER ORDERED that this matter is REMANDED to Magistrate Judge Whitehurst to calculate the contractual interest, costs authorized according to the terms of the promissory notes, court costs and reasonable attorneys' fees. Signed by Judge Elizabeth E Foote on 10/5/2017. (crt,Keifer, K)

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