Balance Payments, Inc. d/b/a Balance v. Thread Studio LLC

Filing 47

FINAL DEFAULT JUDGMENT: Accordingly, it is hereby ORDERED AND ADJUDGED, that judgment is hereby entered in favor of Plaintiff, with an address at 2261 Market Street, #4149, San Francisco, CA 94114, and against Defendant, with an address at 3912 Shirley Dr NW, Atlanta, GA 30336. Plaintiff shall recover from Defendant monetary damages in the amount of $313,203.88 plus pre-judgment interest in the amount of $29,501.231, for a total sum due of $342,705.11 (Three Hundred Fo rty-Two Thousand Seven Hundred Five Dollars and Eleven Cents), excluding any applicable costs, that shall bear interest at the rate of 5.49% a year, FOR WHICH LET EXECUTION ISSUE FORTHWITH. IT IS FURTHER ORDERED AND ADJUDGED that Plaintif f is entitled to reimbursement of attorneys' fees in the full amount it seeks from Defendant pursuant to the terms of parties' agreements. Plaintiff is the prevailing party, having obtained a judgment in its favor. The parties' agre ement unambiguously entitled the prevailing party to their attorney's fees in connection with litigation brought to enforce rights under the agreement. The hourly rates sought here are reasonable and consistent with amounts recently awarded fo r similarly experienced practitioners with reasonably comparable skill, experience, and reputation within this district. See, e.g., Carrington, 2020 WL 5758916, at *11-15 (finding rates as high as $900 to be reasonable). Moreover, Plaintiff& #039;s attorneys kept contemporaneous records reflecting the time spent on their work for this litigation. The Court has overseen this litigation from its inception in federal court and is familiar with the nature of the work required to litigate t hese claims, and finds that the hours spent by Plaintiff's counsel were reasonable. Plaintiff is therefore awarded $12,942.50 in attorney's fees and $1,210.49 in costs. DONE AND ORDERED in Chambers on this 27th day of March, 2 024. Thread Studio LLC terminated., Motions terminated: 44 MOTION for Attorney Fees and Incorporated Memorandum of Law filed by Balance Payments, Inc., 45 AMENDED MOTION for Attorney Fees filed by Balance Payment s, Inc., 15 MOTION for Default Judgment as to Thread Studio LLC filed by Balance Payments, Inc., 14 MOTION for Entry of Default as to Thread Studio LLC filed by Balance Payments, Inc. (Signed by Judge Denise L. Cote on 3/27/2024) (vfr)