Branch Banking and Trust Company v. R & S St. Rose, LLC

Filing 63

ORDER Denying 57 Appellee R&S St. Rose, LLC's Motion to Dismiss. Signed by Judge Lloyd D. George on 3/18/2014. (Copies have been distributed pursuant to the NEF - EDS)

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1 2 3 4 5 6 7 UNITED STATES DISTRICT COURT 8 DISTRICT OF NEVADA 9 10 In re: 11 R&S St. Rose, LLC. 12 Debtor. 13 14 15 Consolidated Cases: BRANCH BANKING AND TRUST COMPANY, SUCCESSOR IN INTEREST TO FDIC AS RECEIVER FOR COLONIAL BANK, N.A., et al., 16 Case No. 2:12-cv-01615-LDG (GWF) Case No. 2:12-cv-01617-LDG (GWF) Case No. 2:12-cv-01647-LDG (GWF) Case No. 2:12-cv-01667-LDG (GWF) Appellants, 17 v. Bankruptcy Case No. 11-14974-MKN Chapter 11 18 R&S ST. ROSE, LLC, et al., Bankruptcy Case No. 11-14973-MKN Chapter 11 19 20 21 Defendants. Appeal Ref. No. 12-39 Appeal Ref. No. 12-40 Appeal Ref. No. 12-43 Appeal Ref. No. 12-44 22 23 24 ORDER DENYING MOTION TO DISMISS APPEAL Appellee R&S St. Rose, LLC, moves to dismiss (#57) the appeal of the Bankruptcy 25 Court Order that denied Appellants motion for substantive consolidation of bankruptcy 26 estates of R&S St. Rose, LLC and R&S St. Rose Lenders, LLC. Appellants Branch 1 Banking and Trust Company and Commonwealth Land Title Insurance Company oppose 2 the motion (## 58, 59). 3 The appellee argues that because the Nevada Supreme Court affirmed the state 4 district court ’s order, this matter is moot. As argued by the appellants, however, the issue 5 raised on appeal concerns whether the bankruptcy court erred in considering the state 6 district court’s order because that state court order was not relevant to the issues 7 presented in the motion before the bankruptcy court. Regardless of whether the Nevada 8 Supreme Court affirmed the state district court, the issue remains before this Court whether 9 the bankruptcy court erred in relying on that state district court order. Accordingly, 10 11 THE COURT ORDERS that Appellee R&S St. Rose, LLC’s Motion to Dismiss (#57) the appeal is DENIED. 12 13 DATED this ______ day of March, 2014. 14 15 Lloyd D. George United States District Judge 16 17 18 19 20 21 22 23 24 25 26 2

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