JTH Tax, Inc. et al v. Sawhney

Filing 39

DEFAULT JUDGMENT in favor of JTH Tax, Inc., SiempreTax+ LLC against Pawanmeet Sawhney in the amount of $ 1,001,528.16. It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Memorandum Opinion and Order dated September 7, 2021, the Court GRANTS the Plaintiffs' motion for default judgment as to damages for amounts owed under the promissory notes and the Franchise Agreement. The Court GRANTS in part Plaintiffs' request for attorne ys' fees and costs. The Court awards Plaintiffs the following: A. $790,779.92, plus interest that accrues since January 19, 2021, at an annual rate of 12 percent, for default on the promissory notes; B. &# 036;176,628.52, plus interest that accrues since January 19, 2021, at an annual rate of 12 percent, for accounts receivable under the Franchise Agreement; C. $11,000, plus interest that accrues since May 20, 2020, at an annual rate of 12 percent, for royalties owed May 5, 2020; D. $11,000, plus interest that accrues since May 20, 2021, at an annual rate of 12 percent, for royalties owed May 5, 2021; E. $10, 427.40, plus interest accrued at an annual rate of 12 percent from the date of this Order, for attorneys' fees; F. $1,692.32, plus interest accrued at an annual rate of 12 percent from the date of this Order, for costs; accordingly, this case is closed. (Signed by Clerk of Court Ruby Krajick on 9/8/2021) (Attachments: # 1 Notice of Right to Appeal) (dt)

Case 1:19-cv-04035-AJN Document 39 Filed 09/08/21 Page 1 of 2

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
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JTH Tax, Inc. d/b/a Liberty Tax Service and
Siempretax+ LLC,
Plaintiffs,
-against-

19 CIVIL 4035 (AJN)

DEFAULT JUDGMENT

Pawanmeet Sawhney,
Defendant.
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It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons
stated in the Court's Memorandum Opinion and Order dated September 7, 2021, the Court
GRANTS the Plaintiffs’ motion for default judgment as to damages for amounts owed under the
promissory notes and the Franchise Agreement. The Court GRANTS in part Plaintiffs’ request
for attorneys’ fees and costs. The Court awards Plaintiffs the following:
A. $790,779.92, plus interest that accrues since January 19, 2021, at an annual rate of 12
percent, for default on the promissory notes;
B. $176,628.52, plus interest that accrues since January 19, 2021, at an annual rate of 12
percent, for accounts receivable under the Franchise Agreement;
C. $11,000, plus interest that accrues since May 20, 2020, at an annual rate of 12
percent, for royalties owed May 5, 2020;
D. $11,000, plus interest that accrues since May 20, 2021, at an annual rate of 12
percent, for royalties owed May 5, 2021;
E. $10,427.40, plus interest accrued at an annual rate of 12 percent from the date of this
Order, for attorneys’ fees;

Case 1:19-cv-04035-AJN Document 39 Filed 09/08/21 Page 2 of 2

F. $1,692.32, plus interest accrued at an annual rate of 12 percent from the date of this
Order, for costs; accordingly, this case is closed.

Dated: New York, New York
September 8, 2021

RUBY J. KRAJICK
_________________________
Clerk of Court
BY:
_________________________
Deputy Clerk