Lake Las Vegas Master Trust v. United States Internal Revenue Service et al

Filing 85

ORDER Granting 65 Motion for Disbursement of Funds. This direction is stayed through Friday 10/7/2016 to give the parties an opportunity to post a supersedeas bond to effectuate a stay pending appeal. Signed by Judge Jennifer A. Dorsey on 10/3/2016. (Copies have been distributed pursuant to the NEF - DC)

Case 2:14-cv-00435-JAD-NJK Document 65-1 Filed 08/12/16 Page 1 of 2

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IN THE UNITED STATES DISTRICT COURT FOR THE
DISTRICT OF NEVADA

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LAKE LAS VEGAS MASTER TRUST,

)
)
Plaintiff,
)
)
v.
)
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UNITED STATES INTERNAL REVENUE
)
SERVICE; Z’S, a defaulted Nevada
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Corporation; and DOES 1 through 10, inclusive )
)
Defendants.
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______________________________
_____ )
LN MANAGEMENT LLC SERIES 31 RUE )
MEDITERRA
)
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Plaintiff,
)
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v.
)
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UNITED STATES INTERNAL REVENUE
)
SERVICE; Z’S, a defaulted Nevada
)
Corporation; and DOES 1 through 10, inclusive )
)
Defendants.
)
______________________________
_____ )

Case No. 2:14-cv-00435-JAD-NJK
(Consolidated with
Case No. 2:14-cv-00658 JAD-NJK)
[PROPOSED] ORDER FOR
CONFIRMATION OF SALE AND
DISBURSEMENT OF PROCEEDS

Upon consideration of the United States of America’s Motion for Confirmation of Sale

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and Disbursement of Proceeds, the Court finds that the sale of parcels of real property located at

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27 Rue Mediterra Dr., Henderson, NV 89011 and 29 Rue Mediterra Dr., Henderson, NV 89011

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(“Subject Properties”) was conducted by the United States in compliance with 28 U.S.C. §§

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2001-2002, and it is hereby ORDERED that the United States of America’s Motion is

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GRANTED.

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Case 2:14-cv-00435-JAD-NJK Document 65-1 Filed 08/12/16 Page 2 of 2

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It is further ORDERED that the sale of the Subject Properties is confirmed. The Internal

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Revenue Service is hereby authorized to issue property deeds to the purchaser of the Subject

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Properties. By issuance of the deeds, as authorized by this Order, legal title to the Subject

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Properties is transferred free and clear of any claims of Plaintiffs in these cases.
It is further ORDERED that the Clerk is directed to disburse the proceeds of the sale *
which were deposited with the Court, in the following manner:
First, to the IRS for costs and fees incurred in connection with the sale, in the amount of

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$1,601.36.
Second, to the Clark County Treasurer for unpaid property taxes in the amount of
$1,410.08 for 27 Rue Mediterra, Henderson, NV and the amount of $2,314.61for 29 Rue
Mediterra, Henderson, NV.
Third, to the United States for application to the unpaid federal tax liabilities of Z’s, a

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Nevada Corporation, which total $3,655,538.25 as of July 27, 2015, plus interest and statutory

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additions accruing thereafter.

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10/3/2016
Dated: ____________________

____________________________
JENNIFER A. DORSEY
United States District Judge

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Submitted by:
CAROLINE D. CIRAOLO
Principal Deputy Assistant Attorney General
/S/ Virginia Cronan Lowe
VIRGINIA CRONAN LOWE
Trial Attorney, Tax Division
U.S. Department of Justice

* This direction is stayed through
Friday 10/7/2016 to give the parties an
opportunity to post a supersedeas
bond to effectuate a stay pending
appeal.

Of Counsel:
DANIEL BOGDEN
United States Attorney
Counsel for the United States

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