LN Management LLC Series 8246 Azure Shores v. Wells Fargo Bank, N.A. et al

Filing 40

ORDER Granting 35 Emergency MOTION for Temporary Restraining Order. Plaintiff shall post a bond with the Court in the amount of $1,500.00. Signed by Judge James C. Mahan on 8/26/2014. (Copies have been distributed pursuant to the NEF; CC: Finance - SLR)

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Case 2:13-cv-01307-JCM-PAL Document 39 Filed 08/22/14 Page 1 of 2 1 2 3 4 5 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 Attorney for Plaintiff/ Counterdefendant UNITED STATES DISTRICT COURT 6 DISTRICT OF NEVADA 7 8 LN MANAGEMENT LLC SERIES 8246 AZURE SHORES 9 10 11 12 13 Plaintiff, v. ORDER ARLENE G. DIZON, and individual; WELLS FARGO BANK N.A.; WORLD SAVINGS BANK, FSB; and DOES 1 through 10; and ROE BUSINESS ENTITIES 1 through 10, inclusive; Defendants. 14 15 Case No. 2:13-CV-1307-JCM-PAL AND ALL RELATED CLAIMS 16 17 This case having come on regularly before the above-entitled Court for hearing on August 18 15, 2014 on Plaintiff/Counterdefendant’s Emergency Motion for Temporary Restraining Order, 19 Plaintiff/Counterdefendant appearing by and through their attorney, Kerry P, Faughnan, Esq. and 20 Defendant/Counterclaimant, Wells Fargo Bank,N.A., appearing by and through its attorney, 21 David J. Merrill, Esq of the Law Firm of David J. Merrill P.C. The Court having examined all 22 23 documents and pleadings on file herein, the Court having heard argument, and the Court being 24 fully advised in the premises, the Court is aware that there are a number of cases currently 25 pending in the Nevada Supreme Court that address the same or similar facts as the matters at issue 26 in this case. 27 28 1 Case 2:13-cv-01307-JCM-PAL Document 39 Filed 08/22/14 Page 2 of 2 1 The Court recognizes that there is disagreement among the state and federal courts 2 regarding the interpretation of Nev. Rev. Stat. § 116.3116. Therefore, out of respect for Nevada’s 3 sovereignty and interest in having its statutes interpreted by its own judges, the court finds it 4 appropriate to maintain the status quo by granting a Preliminary Injunction in favor of Plaintiff. 5 THEREFORE, IT IS ORDERED, ADJUDGED AND DECREED that 6 7 8 9 10 11 12 Plaintiff/Counterdefendant’s Emergency Motion for Temporary Restraining Order (Doc # 35), be, and Preliminary Injunction hereby is, GRANTED. IT IS FURTHER ORDERED that Defendant/Counterclaimant, Wells Fargo Bank, N.A. as well as its officers, agents, servants, employees, attorneys, and persons in active concert or participation with them who receive actual notice of this order are hereby enjoined and restrained from any foreclosure sale of the real property located at 8246 Azure Shores Ct, Las Vegas, 13 14 15 16 17 18 19 20 Nevada 89117. IT IS FURTHER ORDERED that Plaintiff/Counterdefendant will maintain the real property at issue in its current condition; and Plaintiff/Counterdefendant is to pay of all applicable fees, assessments and taxes. IT IS FURTHER ORDERED that Plaintiff shall post a bond with the Court in the amount of $1,500.00. August 26, 2014. DATED August ___, 2014. ___________________________________ UNITED STATES DISTRICT JUDGE 21 22 23 Respectfully Submitted By: Approved as to Form and Content: 24 /s/Kerry P. Faughnan_______ Kerry P. Faughnan, Esq. PO Box 335361 North Las Vegas, NV 89033 (702) 301-3096 (702) 331-4222-Fax Attorney for Plaintiff/Counterdefendant No Response from Counsel______ David J. Merrill, Esq. Morgan F. Shah, Esq. 10161 Park Run Drive, Suite 150 Las Vegas, Nevada 89145 (702) 566-1935 (702) 993-8841-Fax Attorneys for Wells Fargo Bank, N.A. 25 26 27 28 2

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