AGFA Healthcare Corp v. Kittusamy
2:15-cv-01603
D. Nev.
Feb 3, 2016
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Case Information

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UNITED STATES DISTRICT COURT DISTRICT OF NEVADA

| AGFA HEALTHCARE CORPORATION, | | | :--: | :--: | | 3 | 2:15-CV-01603-APG-CWH | | 4 | ORDER GRANTING MOTION FOR DEFAULT JUDGMENT | | v. | (Dkt. #14) | | 5 | (Dkt. #14) | | 6 | | | 7 | | | 8 | | | 9 | |

| 10 | against defendants BHUVANESWARI P. KITTUSAMY and PREM K. KITTUSAMY pursuant to Federal Rule of Civil Procedure 55(b)(2). (Dkt. #14.) Good cause appears to grant the motion and enter default judgment. | | 13 | | | 14 | IT IS HEREBY ORDERED that default judgment is entered in favor of AGFA | | 15 | | | 16 | HEALTHCARE CORPORATION and against defendants BHUVANESWARI P. KITTUSAMY and PREM K. KITTUSAMY, jointly and severally, in the principal amount of $962,979.77, plus | | 17 | attorneys' fees in the amount of $ 21 , 906.50 and costs in the amount of $ 1 , 574.60 , for a total | | 18 | judgment of $ 986 , 460.87 , calculated as follows: | | 19 | | | 20 | a. Guaranty of Lease 20997: | | 21 | | | 22 | Principal Balance: $ 529 , 776.06 | | 23 | Interest: | | 24 | [Calculated from7/20/2014 to 12/3/2015 at the $ 130 , 891.26 | | 25 | rate of 18 % per annum ( $ 261.26 per diem, 501 days)] | | 26 | Payment Credit ( 12 / 3 / 15 ) : 1 | | 27 | | | 28 | | & a m p ; 1 The credit relates to an adequate protection payment of $ 37 , 745.50 made in the Defendants & a m p ; business's bankruptcy case on December 3, 2015. See In re Kittusamy, LLP, 15-13868 (Bankr. D. Nev.) |

*2 | | Interest: | $15,675.60 | | :--: | :--: | :--: | | 1 | [Calculated from 12/4/2015 to 2/2/2016 at the rate of 18% per annum ($261.26 per diem, 60 days)] | | | 2 | Late charges: | $2,775.06 | | 4 | Taxes: | $9,795.40 | | 5 | Subtotal: | $663,095.46 | | 6 | b. Guaranty of Maintenance Agreement 20997: | | | 7 | Principal Balance: | $86,868.00 | | 8 | Subtotal: | $86,868.00 | | 9 | c. Guaranty of Lease 20938: | | | 11 | Principal Balance: | $16,523.07 | | 12 | Interest: | $1,654.45 | | 13 | [Calculated from 5/14/2015 to 12/3/2015 at the rate of 1.5% per month ($8.15 per diem, 203 days)] | | | 14 | Payment Credit (12/3/15): | ($1,298.45) | | 15 | Interest: | | | 16 | [Calculated from 12/4/2015 to 2/2/2016 at the rate of 1.5% per month ( 8.15 p e r d i e m , 60 d a y s ) ] | 489.00 | | 17 | Subtotal: | $17,368.07 | | 18 | b. Guaranty of Lease 20939: | | | 20 | Principal Balance: | $16,523.07 | | 21 | Interest: | $1,654.45 | | 22 | [Calculated from 5/14/2015 to 12/3/2015 at the rate of 1.5% per month ($8.15 per diem, 203 days)] | | | 23 | | | | 24 | | | | 25 | | | | 26 | The payment is apportioned according to the bankruptcy court’s Order Approving Stipulation to Terminate the Automatic Stay, Provide Adequate Protection, and Waive the 14-Day Stay Pursuant to FRBP 4001(a)(3) Id., Dkt. 257. | |

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