Guarantee Company of North America USA v. Construction Services Unlimited et al

Filing 46

DEFAULT JUDGMENT is entered against defendants Construction Services Unlimited, Global Development Group, LLC, Michael D. Froelich, and Barbara Froelich, jointly and severally, in the principal amount of $147,126.95, with pre-judgment interest at the maximum legal rate from the date the amounts became due, and post-judgment interest accruing at the maximum legal rate from the date of entry of Judgment until paid in full. FURTHER ORDERED that the Defendants are required to post collatera l security in the amount of $350,000 to GCNA to secure and exonerate GCNA from all claims, losses, and expenses either feared or to be incurred as a consequence of the Payment Bonds issued by GCNA on behalf of the Defendants. Signed by Judge Andrew P. Gordon on 12/6/16. (Copies have been distributed pursuant to the NEF - MMM)

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