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Court grants default judgment in six-figure investment dispute against Atlanta defendants
Summary
After plaintiffs said they invested $200,000 under an agreement promising monthly returns, Clayton County State Court granted a default judgment in favor of Ahmed Kamara and Ajatu Jola and awarded damages the judge calculated from the contract.
Clayton County State Court entered a default judgment June 4 in favor of Ahmed Kamara and Ajatu Jola in an investment dispute against Atlanta Realtors LLC and related defendants.
Plaintiff counsel Jermaine Austin told the court his clients invested $200,000 under a contract that promised $12,000 a month in returns beginning Dec. 1, 2012, and that the defendants paid three months before stopping. Austin asked the court to enter judgment based on the contract and the amounts owed through April of the year the motion was calculated.
The court granted the plaintiff's request. "So I'm going to go ahead and grant you, based on this contract, $536,000," the judge said, announcing the court's computation and directing counsel to submit a proposed order. Austin told the court he expected collection to be challenging and the judge acknowledged the contract was "as sketchy as the paper it's written on," but ruled on the factual record before the court.
The ruling resolves the liability phase by default; the plaintiffs must now pursue collection efforts to recover the judgment amount. The court directed plaintiffs' counsel to submit a proposed order reflecting the judgment and amounts awarded.
