Memorandum Opinion and Order

On December 7, 2015, the Clerk of this court entered a Default [ECF No. 40] against B.E. Koncepts, Inc. (“B.E. Koncepts”) and Powell Contracting and Heavy Equipment, Inc. (“Powell”), pursuant to Rule 55(a) of the Federal Rules of Civil Procedure. See also Order, Dec. 7, 2015 [ECF No. 38]. Now pending before the court is the plaintiffs’ Motion for Entry of Judgment Against Defendants Powell and B. E. Koncepts. [ECF No. 42]. For reasons explained below, the Court SETS ASIDE the Default [ECF No. 40], and accordingly, DENIES the Motion for Entry of Judgment [ECF No. 42].