Lexon Insurance Company v. Bovino et al
ORDER adopting Report and Recommendation re 21 Memorandum and Recommendation granting 16 Motion for Default Judgment. The clerk is directed to close this case. Signed by Senior Judge Malcolm J. Howard on 10/12/2011. (Heath, D.)
IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF NORTH CAROLINA
LEXON INSURANCE COMPANY,
JAMES J. BOVINO, TOWN &
COUNTRY DEVELOPERS, INC., and
TOWN & COUNTRY DEVELOPERS AT
This matter is before the court on plaintiff's motion for
default judgment [DE #16]
On September 23, 2011, United States
finding that defendants were in default
and recommending that judgment be entered against defendants in
the amount of $4,594,106.78,
$3,922,844.74 from May 21,
together with prejudgment interest
No objections have been filed
to the M&R and the time for doing so has expired.
The court hereby accepts
the Magistrate Judge.
For the reasons
stated in the M&R,
judgment is entered, pursuant to Rule 55 of the Federal Rules of
$4,594,106.78; together with prejudgment interest at the rate of
8% per annum on the amount of $3,922,844.74 from May 21,
post-judgment rate until the judgment is satisfied.
The clerk is directed to close this case.
This 12th day of October 2011.
MALCOLM J. H~
Senior United States District JUdge
At Greenville, NC
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