Southern Bank & Trust Company v. Praestans One, LLC et al
Southern Bank & Trust Company |
Praestans One, LLC, Ramesh C. Joshi, Sanjay M. Amin, Vijay R. Modi, Naynesh P. Amin, Naresh Amin and Prem P. Agarwal |
2:2012cv00450 |
August 14, 2012 |
US District Court for the Eastern District of Virginia |
Norfolk Office |
Virginia Beach City |
Robert G. Doumar |
F. Bradford Stillman |
Other Contract |
28 U.S.C. ยง 1332 |
None |
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Filing 29 OPINION AND ORDER - For the foregoing reasons, the plaintiffs motion for summary judgment is GRANTED. The Court FINDS the Guarantors are jointly and severally liable with defendant Praestans One and with one another in the sum of $3,024,867.96 ( consisting of $2,981,783.90 in principal and $48,288.33 in accrued unpaid interest), up to the amounts of their respective guaranties, as set forth below: (SEE ORDER). Pursuant to Rule 54(b) of the Federal Rules of Civil Procedure, the Cle rk is DIRECTED to enter final judgment in favor of the plaintiff and against the defendants Ramesh C. Joshi, Sanjay M. Amin, Vijay R. Modi, Naresh Amin, and Prem P. Agarwal in the amounts set forth above. Entry of judgment as to the individual defend ants identified above shall be without prejudice to the rights of the remaining defendant in this action, Praestans One, and disposition of the action as to Praestan One shall abide the further trial of the action in all respects. The Court further FINDS that good cause exists for the entry of judgment as directed above and that there is no just reason for delay of such judgment as the nature of the claims already determined is such that no appellate court will have to decide the same issue more than once even if there are subsequent appeals. Signed by District Judge Robert G. Doumar and filed on 3/19/2013. (bnew) |
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