Judge: Elaine W. Mandel, Case: 24SMCP00686, Date: 2025-03-10 Tentative Ruling
Case Number: 24SMCP00686 Hearing Date: March 10, 2025 Dept: P
Tentative Ruling
Bill Me Later v. The Focus and
Finish Group, Case no. 24SMCP00686
Hearing date March 10, 2025
Petitioner’s
Motion to Confirm Arbitration Award
Petitioner
Bill Me Later, Inc. is the servicing agent for lender WebBank, which extended a
loan to borrower The Focus and Finish Group (Petition exh. 4(b)), guaranteed by
Kofi Nartey. Id. Borrower defendant defaulted, and guarantor Nartey failed
to make the remaining payments due.
Petitioner
Bill Me Later initiated arbitration for the unpaid balance. The arbitrator
issued an award of $86,734.04 on 9/6/24. Petition exh. 8(c). Petitioner asserts
borrower and guarantor failed to satisfy the award and moves for confirmation.
The motion is unopposed.
“Any
party to an arbitration in which an award has been made may petition the court
to confirm, correct or vacate the award.” Code Civ. Proc. §1285. “If a petition
or response under this chapter is duly served and filed, the court shall
confirm the award as made.” Code Civ. Proc. §1286.
Petitioner
seeks to have the court confirm the award of $86,734.04, plus 10% interest
since 10/6/24, pursuant to Cal. Code Civ. Proc. §3289(b). Petitioner
additionally moves for costs; a memorandum of costs will be submitted pursuant
to §28(d) of the loan agreement. See Petition exh. 4(b). Confirmation of
the unopposed motion is GRANTED. Petitioner to file a memorandum of costs for
review.