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Hica Education Loan Corporation v. Nicol P. Lippman

UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA


June 19, 2012

HICA EDUCATION LOAN CORPORATION, PLAINTIFF,
v.
NICOL P. LIPPMAN DEFENDANT.

The opinion of the court was delivered by: Honorable Ronald S.W. Lew Senior, U.S. District Court Judge

ORDER Re: Plaintiff's Motion for Default Judgment Against Defendant Nicol P. Lippman [13]

On June 12, 2012, Plaintiff HICA Education Loan Corporation's ("Plaintiff") Motion for Default Judgment Against Defendant Nicol P. Lippman ("Defendant") came on for regular calendar before the Court. The Court having reviewed all papers submitted pertaining to this Motion and having considered all arguments presented to the Court, NOW FINDS AND RULES AS FOLLOWS:

Plaintiff's Motion for Default Judgment is hereby GRANTED. The Court finds that Plaintiff has satisfied all procedural requirements necessary under Local Rule 55-1 for entry of default judgment. Specifically, the Court finds that on March 27, 2012, the clerk entered default against Defendant; Defendant is not an infant, incompetent person, in military service, or otherwise exempt under the Soldiers' and Sailors' Civil Relief Act of 1940. Furthermore, the Court finds that the substantive factors set forth in Eitel v. McCool weigh in favor of granting default judgment. , 782 F.2d 1470 (9th Cir. 1986).

THEREFORE, IT IS ORDERED that:

Default judgment shall be entered against Defendant, for $120,839.70, with additional prejudgment interest of $7.33 per day from January 24, 2012, to the date of this judgment. This judgment shall also bear post-judgment interest at the current 3.19% judgment rate from the date of entry until paid.

IT IS SO ORDERED.

20120619

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