Th PrivateBank and Trust Company v. Gasso et al

Filing 18

ORDER Granting the Plaintiff PrivateBank and Trust Company 14 Motion for Summary Judgment and Money JUDGMENT Against Thamer S. Gasso and Lamia T. Gasso. Signed by District Judge Denise Page Hood. (JOwe)

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UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION THE PRIVATEBANK AND TRUST COMPANY, an Illinois banking corporation, Plaintiff, v. U.S.D.C. Case No. 2:12-CV-13633 Hon. Denise Page Hood Maj. David R. Grand THAMER S. GASSO, an individual, and LAMIA T. GASSO, an individual, Defendants. ______________________________________________________________________________ ORDER GRANTING PLAINTIFF THE PRIVATEBANK AND TRUST COMPANY SUMMARY JUDGMENT AND MONEY JUDGMENT AGAINST THAMER S. GASSO AND LAMIA T. GASSO This matter having come before the Court on the stipulation of Plaintiff, The PrivateBank and Trust Company (the “Plaintiff”), on the one hand, and Defendants, Thamer S. Gasso, and Lamia T. Gasso (“Defendants”), on the other hand; and the Court being fully advised in the premises, and finding that entry of this Order is appropriate under the circumstances; NOW, THEREFORE, IT IS HEREBY ORDERED THAT a money judgment is entered in favor of Plaintiff and against Defendants, jointly and severally, in the total amount of $227,098.73, as a result of Defendants’ failure to repay a business loan to Plaintiff, the sum of which is made up of a principal balance of $194,174.97, accrued but unpaid interest of $28,989.26, late charges of $1,650.00, and collections costs and legal fees of $2,284.50; IT IS FURTHER ORDERED THAT notwithstanding Fed. R. Civ. P. 62(a), Plaintiff may not undertake any efforts to collect the sums owing under this Order and Judgment prior twenty (21) days elapsing from its entry. IT IS SO ORDERED AND ADJUDGED. THIS IS A FINAL ORDER THAT CLOSES THE CASE, SUBJECT TO SUPPLEMENTARY PROCEEDINGS TO ENFORCE THIS ORDER AND JUDGMENT. Dated: January 31, 2013 s/Denise Page Hood U.S. DISTRICT COURT JUDGE Consented to for substance and form: /s/ Robert N. Bassel ROBERT N. BASSEL (P48420) Attorney for Defendants bbassel@gmail.com /s/ Patrick C. Lannen PATRICK C. LANNEN (P73031) Attorney for Plaintiff plannen@plunkettcooney.com Open.05383.22966.12348902-1 2

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