LN Management LLC Series 5204 Painted Sands v. Haugland et al

Filing 8

ORDER re 6 Plaintiff's Emergency Motion for Temporary Restraining Order and Motion for Preliminary Injunction. A Motion Hearing is set for 8/6/2013 10:00 AM in LV Courtroom 6B before Judge Lloyd D. George. Signed by Judge Lloyd D. George on 7/24/2013. (Copies have been distributed pursuant to the NEF - SLD)

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4 Kerry Faughnan, Esq. Nevada Bar No.12204 P.O. Box 335361 North Las Vegas, NV 89086 (702) 301-3096 (702) 331-4222- Fax Kerry.faughnan@gmail.com 5 Attorney for Plaintiff 1 2 3 6 UNITED STATES DISTRICT COURT 7 DISTRICT OF NEVADA 8 9 LN MANAGEMENT LLC SERIES 5204 PAINTED SANDS 10 11 12 13 14 Case No. 2:13-cv-01200-LDG-PAL Plaintiff, v. WELLS FARGO BANK, N.A..; QUIXOTE VENTURES OPPORTUNITY FUND, LLC; and DOES 1 through 10, inclusive; ORDER RE: PLAINTIFF’S EMERGENCY MOTION FOR TEMPORARY RESTRAINING ORDER AND MOTION FOR PRELIMINARY INJUNCTION Defendants. 15 16 17 18 19 20 21 22 23 24 25 26 27 LN MANAGEMENT LLC SERIES 5204 PAINTED SANDS, (“Plaintiff”) having filed for an emergency order of the Court staying Defendant WELLS FARGO BANK, N.A., (“Wells Fargo”) and its agents, representatives and assigns from conducting a foreclosure sale July 25, 2013 against the real property commonly known as 5204 Painted Sands Circle, Las Vegas, Nevada 89149 (the “Subject Property”), until such time as the Court rules on Plaintiff’s previously pending motion for preliminary injunction, and good cause appearing, IT IS DECREED that Plaintiff will be irreparably harmed if Wells Fargo forecloses before lien priorities are established by the Court or the Court otherwise rules on Plaintiff’s Motion for Preliminary Injunction. IT IS HEREBY FURTHER ORDERED that WELLS FARGO BANK, N.A., (“Wells Fargo”) and its agents, representatives and assigns from conducting a foreclosure sale July 25, 2013 against the real property commonly known as 5204 Painted Sands Circle, Las Vegas, 28 1 1 Nevada 89149 (the “Subject Property”), until such time as the Court rules on Plaintiff’s Motion 2 for Preliminary Injunction or otherwise vacates or amends this order. 3 4 5 6 7 8 IT IS HEREBY FURTHER ORDERED that Plaintiff’s previously posted security bond in the state court is adequate, and no additional bond is required. IT IS FURTHER ORDERED this Temporary Restraining Order shall expire in 14 Days pursuant to FRCP 65, unless further extended as permitted in the ruled by this Court. IT IS FURTHER ORDERED that a hearing on Plaintiff’s Motion for Preliminary on Tues., Aug. 6, 6, 2013 1010 a.m Courtroom 6B. Tuesday, 16, 2013, @ 10 a.m. in Injunction shall be considered by the Court ___________________________. Courtroom 6B. Tues., Aug.ugust 2013@ at a.m. in . in 9 10 DATED _____________ at _________. July 24 , 2013. 11 12 IT IS SO ORDERED 13 14 15 16 UNITED SATES DISTRICT JUDGE UNITED D. GEORGE LLOYD STATES MAGISTRATE JUDGE 17 18 19 20 21 22 23 24 25 26 27 28 2

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