The plaintiff brought a motion in writing for default judgment on a liquidated amount arising from a loan and guarantee agreement.
Despite the lack of a factum and issues with the calculation of the contractual interest rate, the court was satisfied that the individual defendant had notice of the lawsuit.
The court granted default judgment for the principal balance of $54,711.74, along with pre-judgment interest at the statutory rate of 4.0 percent, and partial indemnity costs.
