Athene Annuity and Life Insurance Company v. Talbott, et. al.
Filing
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ORDER Granting 46 Stipulation to Stay. Signed by Magistrate Judge Peggy A. Leen on 6/8/16. (Copies have been distributed pursuant to the NEF - TR)
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 06/06/16 Page 1 of 36
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400 S. Rampart Boulevard, Suite 400
Las Vegas, Nevada 89145
Tel: (702) 362-7800 / Fax: (702) 362-9472
KOLESAR & LEATHAM
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LISA J. ZASTROW, ESQ.
Nevada Bar No. 009727
BART K. LARSEN, ESQ.
Nevada Bar No. 008538
KOLESAR & LEATHAM
400 South Rampart Boulevard, Suite 400
Las Vegas, Nevada 89145
Telephone: (702) 362-7800
Facsimile: (702) 362-9472
E-Mail: blarsen@klnevada.com
lzastrow@klnevada.com
-andKIMBERLY A. POSIN, ESQ.
CA State Bar No. 223091 – Pro Hac Vice
AMY C. QUARTAROLO, ESQ.
CA State Bar No. 222144 – Pro Hac Vice
LATHAM & WATKINS LLP
355 S. Grand Avenue
Los Angeles, CA 90071-1560
Telephone: (213) 891-7322
Facsimile: (213) 891-8763
E-Mail:
kim.posin@lw.com
amy.quartarolo@lw.com
Attorneys for Plaintiff
ATHENE ANNUITY AND LIFE COMPANY
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UNITED STATES DISTRICT COURT
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DISTRICT OF NEVADA
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CASE NO. 2:16-cv-00160-GMN-PAL
ATHENE ANNUITY AND LIFE
INSURANCE COMPANY,
Plaintiff,
vs.
MICHAEL S. TALBOTT; CINDY TALBOTT;
SCOTT KELLER AND KAREN KELLER, as
individuals; LEROY WILDER, both
individually and as trustee of the LEROY AND
NANCY WILDER TRUST; and the LEROY
AND NANCY WILDER TRUST,
JOINT STIPULATION TO STAY
ACTION PURSUANT TO
SETTLEMENT AGREEMENT
ENTERED IN ONGOING
BANKRUPTCY ACTION
Defendants.
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Plaintiff Athene Annuity and Life Company (“Plaintiff”) and Defendants Michael S.
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Talbott, Cindy Talbott, Scott Keller, Karen Keller, LeRoy Wilder, both individually and as
2134682 (9535-1)
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Case 2:16-cv-00160-GMN-PAL Document 46 Filed 06/06/16 Page 2 of 36
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trustee of the LeRoy and Nancy Wilder Trust, and the LeRoy and Nancy Wilder Trust
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(collectively, “Defendants”), hereby agree and stipulate as follows:
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WHEREAS, Defendants are parties to certain guaranties (the “Guaranties”) made in
connection with a loan extended to TAWK Development, LLC (“TAWK”);
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WHEREAS, on December 18, 2015, TAWK filed a Chapter 11 bankruptcy petition in
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this District, initiating the matter of In re TAWK Development LLC, Case No. BK-S-15-16986-
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MKN (the “Bankruptcy Action”);
PAL) (the “Guarantor Action”) against Defendants on January 28, 2016, in connection with the
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400 S. Rampart Boulevard, Suite 400
Las Vegas, Nevada 89145
Tel: (702) 362-7800 / Fax: (702) 362-9472
WHEREAS, Plaintiff filed the above-captioned action (Case No. 2:16-cv-00160-GMN-
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KOLESAR & LEATHAM
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Guaranties made to secure performance of all obligations owed by TAWK under the Loan
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Documents, as defined in the Complaint filed in this action;
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WHEREAS, on May 27, 2016, the Bankruptcy Court entered an order approving the
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Settlement Agreement, by and between Plaintiff, Defendants, and TAWK, pursuant to which
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TAWK agreed to, inter alia, within one hundred twenty (120) days from March 30, 2016, pay
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Plaintiff (1) all principal then due and owing under the Loan Documents, (2) all accrued non-
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default interest then due and owing under the Loan Documents, (3) all late charges then due and
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owing under the Loan Documents, (4) all title fees incurred by Plaintiff, and (5) attorneys’ fees
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in the amount of $562,500. A true and correct copy of the Settlement Agreement and the
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Bankruptcy Court’s Order are attached hereto as Exhibits A and B, respectively; and
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WHEREAS, pursuant to Section 7 of the aforementioned Settlement Agreement, the
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parties to the Guarantor Action agree to stay these proceedings until the Repayment Deadline (as
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defined in the Settlement Agreement), which is July 28, 2016.
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Accordingly, it is stipulated as follows:
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1.
The Guarantor Action, including all deadlines and proceedings set by the
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Scheduling Order entered on April 20, 2016 (Dkt. 43), shall be stayed until July 28, 2016.
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Unless Plaintiff submits an application to dismiss the Guarantor Action pursuant to Section 7 of
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the Settlement Agreement, the stay shall be automatically lifted as of July 28, 2016.
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2.
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In the event that the stay is lifted as described in Paragraph 2 above, the parties
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shall meet and confer within seven (7) days of July 28, 2016 regarding pretrial and discovery
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deadlines, and within five (5) days of that conference, shall submit a proposed joint schedule and
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revised discovery plan to the Court pursuant to Fed. R. Civ. P. 26(f) and L.R. 26-1.
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DATED this 6th day of June, 2016.
KOLESAR & LEATHAM
DATED this 6th day of June, 2016.
PARSONS BEHLE & LATIMER
By:/s/ Amy C. Quartarolo, Esq.
BART K. LARSEN, ESQ.
Nevada Bar No. 008538
LISA J. ZASTROW, ESQ.
Nevada Bar No. 009727
400 South Rampart Boulevard, Suite 400
Las Vegas, Nevada 89145
-andKIMBERLY A. POSIN, ESQ.
CA State Bar No. 223091 – Pro Hac Vice
AMY C. QUARTAROLO, ESQ.
CA State Bar No. 222144 – Pro Hac Vice
LATHAM & WATKINS LLP
355 S. Grand Avenue
Los Angeles, CA 90071-1560
By:/s/ David M. Bennion, Esq.
MICHAEL R. KEALY, ESQ.
Nevada Bar No. 0971
50 West Liberty Street, Suite 750
Reno, Nevada 89501
-andDAVID M. BENNION, ESQ. – Pro Hac Vice
ZACK WINZELER, ESQ.– Pro Hac Vice
201 S. Main Street, Suite 1800
Salt Lake City, Utah 84111
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400 S. Rampart Boulevard, Suite 400
Las Vegas, Nevada 89145
Tel: (702) 362-7800 / Fax: (702) 362-9472
KOLESAR & LEATHAM
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Attorneys for Defendants Scott and Karen
Keller
Attorneys for Plaintiff Athene Annuity and
Life Company
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DATED this 6th day of June, 2016.
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MARQUIS AURBACH COFFING
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By:/s/ Jason M. Gerber, Esq.
JASON M. GERBER, ESQ.
Nevada Bar No. 9812
BRYAN M. VIELLION, ESQ.
Nevada Bar No. 13607
10001 Park Run Drive
Las Vegas, Nevada 89145
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Attorneys for Defendants Michael S.
Talbott, Cindy Talbott, Leroy Wilder, and
the Leroy and Nancy Wilder Trust
IT IS SO ORDERED:
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UNITED STATES MAGISTRATE JUDGE
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DATED:
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2134682 (9535-1)
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June 8, 2016
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EXHIBIT A
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EXECUTION VERSION
SETTLEMENT AGREEMENT
This SETTLEMENT AGREEMENT (the "Agreement") is made and entered into as of
March 30, 2016 (the "Effective Date"), by and among TA WK Development, LLC (the
"Debtor"), Leroy Wilder, as trustee of The Leroy and Nancy Wilder Trust, Leroy Wilder, Scott
Keller, Karen Keller, Michael Talbott, and Cindy Talbott (collectively, the "Guarantors"), and
Athene Annuity and Life Company ("Lender" and together with the Debtor and the Guarantors,
the "Parties," and each, a "Party").
Recitals
WHEREAS, the Debtor and Lender's predecessor, AmerUS Life Insurance Company
("AmerUs"), were parties to that certain Construction Loan Agreement, dated April I 0, 2007 (as
amended, amended and restated, or otherwise modified, the "Loan Agreement"), pursuant to
which Lender provided a loan (the "Loan") to the Debtor for the purpose of constructing an
apartment complex with 198 dwelling units located at 5067 Madre Mesa Drive, Las Vegas,
Nevada (the "Real Property");
WHEREAS, in connection with the Loan Agreement, on April 12, 2007, the Debtor
executed and delivered a Secured Promissory Note to AmerUs in the original principal amount
of$20,000,000 (as amended, amended and restated or otherwise modified, the "Note");
WHEREAS, the Note was secured by a Construction Deed of Trust, Security Agreement
and Assignment of Rents, dated April 10, 2007, by and between the Debtor, Brenda Tyler, as
trustee, and AmerUs, which was subsequently recorded on April 12, 2007 in Book 20070412 as
Document No. 0003485 of the Office of the County Recorder of Clark County, Nevada (as
amended, amended and restated, or otherwise modified, the "Deed of Trust"), granting Lender a
first lien upon the Real Property, as well as all improvements constructed thereon;
WHEREAS, on or about April 10, 2007, each of the Guarantors executed a Guaranty
and a Guaranty of Payment and Performance (collectively, as amended, amended and restated or
otherwise modified, the "Guaranties," and, together with the Loan Agreement and all documents
related thereto, the "Loan Documents");
WHEREAS , on or about November 24, 2015 , Principal Real Estate Investors, LLC
("Principal") (acting as loan servicing agent on behalf of Lender) filed a Complaint against the
Debtor in the United States District Court for the District of Nevada, Case No. 2: 15-cv-02218,
seeking the appointment of a receiver to take control and manage the Real Property (the
"Receivership Action");
WHEREAS, on December 18, 2015 (the "Petition Date"), the Debtor filed a petition for
relief under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the
United States Bankruptcy Court for the District of Nevada (the "Bankruptcy Court") initiating
Case No. BK-S-15-16986-mkn (the "Chapter 11 Case");
WHEREAS, also on the Petition Date, the Debtor filed the Debtor 's Plan of
Reorganization [Docket No. 11] (the "Plan") and its Emergency Motion for Entry of an Interim
Order Pursuant to Bankruptcy Rule 4001 (b) and LR 4001 (b) ; (1) Authorizing Interim Use of
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Cash Collateral by Debtor; and (2) Scheduling a Final Hearing to Determine Extent of Cash
Collateral and Authorize Use of Cash Collateral by Debtor [Docket No.6];
WHEREAS, as a result of the filing of the Chapter 11 Case, the Receivership Action is
stayed;
WHEREAS, the Debtor and Lender subsequently entered into the Stipulation
Authorizing Use of Cash Collateral By Debtor and Granting Adequate Protection and Related
Relief [Docket No. 61] (the "Cash Collateral Stipulation"), which was approved by the
Bankruptcy Court on January I2, 2016 [Docket No. 72). Pursuant to the Cash Collateral
Stipulation, Lender agreed to permit the Debtor to use its cash collateral to pay necessary and
reasonable operating expenses in accordance with an agreed budget in exchange for, among
other things, adequate protection payments in the amount of $I 07,200 to be paid by the 20th day
of each month during the Chapter II Case (the "Adequate Protection Payments");
WHEREAS, on December 23, 2015, Lender filed Athene Annuity and L!fe Company ·s
Motion for Relief From Stay: Real Property [Docket No. 28] (the "Stay Motion") seeking relief
from the automatic stay to exercise its state law remedies and rights in connection with, and to
allow Lender to complete its foreclosure of, the Real Property;
WHEREAS, on January 28, 2016, Lender filed its Complaint for Breach of Contract
against each of the Guarantors in the United States District Court for the District of Nevada,
Case No. 2:16-00160 (the "Guarantor Action");
WHEREAS, on February 23, 20I6, Guarantors Scott and Karen Keller filed their Motion
to Dismiss for Lack of Personal Jurisdiction in the Guarantor Action (the "Motion to Dismiss"),
which has now been fully briefed;
WHEREAS, on February 29, 2016, the Debtor filed its Complaint against Lender in the
Bankruptcy Court, Case No. I6-0 I952 (the "Adversary Proceeding"), asserting claims for breach
of the covenant of good faith and fair dealing and negligent misrepresentation, and objecting to
Lender's claim in the Chapter II Case;
WHEREAS, on March 2I, 2016, Guarantors Michael Talbott, Cindy Talbott, Leroy
Wilder and The Leroy and Nancy Wilder Trust each filed Answers in the Guarantor Action;
WHEREAS, the hearing on confirmation of the Plan (the "Confirmation Hearing") and
the hearing on the Stay Motion were scheduled to occur in the Bankruptcy Court on March 28
and 29, 2016; and
WHEREAS, the Parties agree to resolve fully and finally the disputes among them
pursuant to the terms and conditions set forth herein.
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Agreement
NOW, THEREFORE, in consideration of the premises, terms, conditions, and mutual
releases contained herein, the Parties stipulate and agree:
1.
Recitals. The foregoing recitals are hereby incorporated into and made an
express part ofthis Agreement.
2.
Repayment. On or prior to the date that is one hundred twenty (120) days after
the Effective Date (the "Repayment Deadline"), the Debtor shall pay to Lender the following
amounts (collectively, the "Repayment Amount"):
a. all principal then due and owing under the Loan Documents;
b. all accrued non-default interest then due and owing under the Loan
Documents;
c. all late charges then due and owing under the Loan Documents;
d. all title fees incurred by Lender; and
e. attorneys' fees in the amount of $562,500.
The Debtor and Lender will reach agreement on the total amount due as the
Repayment Amount for subsections (a)-( d) above no later than thirty (30) days after the Effective
Date.
3.
Adequate Protection Payments. The Debtor shall continue to make monthly
Adequate Protection Payments during the Chapter 11 Case until the Repayment Amount ts
received by Lender or Lender takes title to the Real Property, whichever occurs first.
4.
Potential Sale. The Debtor may initiate a sale process on or after the Effective
Date to sell the Real Property with a broker mutually agreeable to the Debtor and Lender. Any
sale process, if initiated, shall not impact the Repayment Amount or the Repayment Deadline, or
any other obligations under this Agreement.
5.
Stay Motion. The hearing on the Stay Motion has been continued to May 31 ,
2016 at 9:30a.m. Upon entry of an order by the Bankruptcy Court approving this Agreement,
the Debtor shall grant Lender immediate relief from the automatic stay pursuant to Section 362
of the Bankruptcy Code to proceed with foreclosure of its collateral under the Loan Documents,
including prosecution of the Receivership Action, noticing the foreclosure sale, and taking all
other actions necessary or related to foreclosure of the Real Property; provided that Lender shall
forbear from completing a final foreclosure sale of the Real Property before the Repayment
Deadline. If, however, the Repayment Amount is not received by Lender prior to the Repayment
Deadline, the Lender may complete the foreclosure sale of the Real Property immediately and
the Guarantors and the Debtor agree not to interfere with or oppose same. The relief from stay
agreement will be presented to the Bankruptcy Court for approval, and the Parties will consent to
and seek a waiver of Rule 6004(h) of the Federal Rules ·of Bankruptcy Procedure so that the
order granting relief from stay may be effective immediately upon entry. The Debtor shall
cooperate in, and not to object to, oppose or interfere with, the foreclosure process.
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6.
Plan Confirmation. The Confirmation Hearing has been continued to May 31,
2016 at 9:30 a.m. Within 2 business days of obtaining Bankruptcy Court approval of this
Agreement, the Debtor will withdraw the Plan and vacate the Confirmation Hearing; provided,
however, that nothing herein shall preclude the Debtor from filing a new or amended plan that is
consistent with the terms of this Agreement.
7.
Guarantor Action. Upon Bankruptcy Court approval of this Agreement, the
Guarantors and Lender shall agree to stay the Guarantor Action until the Repayment Deadline.
If Lender receives the Repayment Amount prior to the Repayment Deadline, Lender shall
dismiss the Guarantor Action with prejudice within five (5) business days following receipt of
the Repayment Amount. In the event the Repayment Amount is not received by Lender on or
before the Repayment Deadline, the automatic stay shall be lifted and the Repayment Amount
shall not be enforceable as a limitation on Lender' s claim against the Guarantors, Lender shall
retain all rights to prosecute the Guarantor Action and the Guarantors shall retain all of their
defenses to the Guarantor Action as such existed before the Effective Date of this Agreement.
8.
Adversary Proceeding. Upon Bankruptcy Court approval of this Agreement, the
Debtor and Lender shall agree to stay the Adversary Proceeding until the Repayment Deadline.
The Debtor shall dismiss the Adversary Proceeding with prejudice within five (5) business days
following Lender' s receipt of the Repayment Amount on or before the Repayment Deadline. In
the event the Repayment Amount is not received by Lender on or before the Repayment
Deadline, Lender' s deadline to respond to the Complaint filed by the Debtor in the Adversary
Proceeding shall be the date that is twenty (20) business days after the Repayment Deadline.
9.
Lien Release. Lender shall release its lien on the Real Property upon receipt of
the Repayment Amount on or before the Repayment Deadline.
10.
Standstill. The Parties shall cooperate to obtain mutually agreeable extensions to
dates after the Repayment Deadline of all pleading deadlines, hearings, and other matters arising
in the Guarantor Action and Adversary Proceeding prior to the Repayment Deadline. No Party
shall initiate additional litigation against any other Party, Athene Asset Management, L.P.
("AAM") or Principal relating to the Loan Documents or the Real Property from the Effective
Date through the Repayment Deadline, except to enforce the terms of this Agreement.
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Chapter 11 Case. The Debtor' s pending Chapter 11 Case will continue at least
until this Agreement has been fully implemented. The Debtor shall file a motion seeking
approval of this Agreement pursuant to Rule 9019 of the Federal Rules of Bankruptcy Procedure
in the Chapter 11 Case no later than April 1, 2016 and this Agreement remains subject to such
approval by the Bankruptcy Court.
12.
Representations and Warranties. Each Party agrees, acknowledges, represents,
and warrants to the other Parties that it: (a) subject to the approval of the Bankruptcy Court
pursuant to Federal Rule of Bankruptcy Procedure 9019, has all necessary authority to enter into
this Agreement and to bind itself, its successors and its assigns to this Agreement; (b) is not
subject to any statutory, contractual or other obligation that may make the execution of this
Agreement unlawful ; and (c) has full knowledge of and has consented to this Agreement.
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13.
Releases. For and in consideration of the execution of this Agreement, and in
consideration of the Repayment Amount, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, without further action by any Party,
person, or entity, from and after the date that Lender receives the Repayment Amount if received
by Lender prior to the Repayment Deadline:
a.
The Debtor, on behalf of itself and its affiliates, shall release and
discharge, and be deemed to have released and discharged, (i) Lender and each of its
current and former employees, officers, directors, shareholders, representatives, agents,
predecessors, successors, assigns, attorneys, advisors, (ii) AAM and each of its current
and former employees, directors, officers, partners, general partner, predecessors,
representatives agents, successors, assigns, attorneys, servicers and advisors, and (iii)
Principal and each of its current and former employees, officers, directors, members,
managing member, representatives, agents, predecessors, successors, assigns, attorneys,
advisors, (the "Lender Parties"), of and from any claim, retained action, obligation, suit,
judgment, damage, demand, debt, right, cause of action, and liability, whether liquidated
or unliquidated, fixed or contingent, matured or unmatured, known or unknown, foreseen
or unforeseen, arising from, based upon or relating to, in whole or in part, (i) the Loan
Documents; (ii) the Loan; (iii) the Real Property; and (iv) the subject matter of, or the
transaction(s) or event(s) giving rise to, any claim of the Debtor against the Lender
Parties, or any of them, and any act, omission, occurrence or event in any manner related
to such subject matter, transaction or obligation; provided that the foregoing release shall
not limit nor be deemed to limit the Debtor' s rights to enforce this Agreement in
accordance with its terms.
b.
Lender, on behalf of itself and its affiliates, shall release and discharge,
and be deemed to have released and discharged, the Debtor and each of its current and
former employees, officers, directors, members, managers, representatives, agents,
predecessors, successors, assigns, attorneys, advisors, and financial advisors (the "Debtor
Parties"), of and from any claim, retained action, obligation, suit, judgment, damage,
demand, debt, right, cause of action, and liability, whether liquidated or unliquidated,
fixed or contingent, matured or unmatured, known or unknown, foreseen or unforeseen,
arising from, based upon or relating to, in whole or in part, (i) the Loan Documents; (ii)
the Loan; (iii) the Real Property; and (iv) the subject matter of, or the transaction(s) or
event(s) giving rise to, any claim of Lender against the Debtor Parties, or any of them,
and any act, omission, occurrence or event in any manner related to such subject matter,
transaction or obligation; provided that the foregoing release shall not limit nor be
deemed to limit Lender' s rights to enforce this Agreement in accordance with its terms
or limit any indemnifications under the Loan Documents that survive repayment of the
debt including, but not limited to, the environmental indemnity under the Loan
Documents.
c.
Each Guarantor, on behalf of itself and its affiliates, shall release and
discharge, and be deemed to have released and discharged, the Lender Parties, of and
from any claim, retained action, obligation, suit, judgment, damage, demand, debt, right,
cause of action, and liability, whether liquidated or unliquidated, fixed or contingent,
matured or unmatured, known or unknown, foreseen or unforeseen, arising from , based
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upon or relating to, in whole or in part, (i) the Loan Documents; (ii) the Loan; (iii) the
Real Property; (iv) the Guaranties; and (v) the subject matter of, or the transaction(s) or
event(s) giving rise to, any claim of any Guarantor against the Lender Parties, or any of
them, and any act, omission, occurrence or event in any manner related to such subject
matter, transaction or obligation; provided that the foregoing release shall not limit nor
be deemed to limit each Guarantor' s right to enforce this Agreement in accordance with
its terms.
d.
Lender, on behalf of itself and its affiliates, shall release and discharge,
and be deemed to have released and discharged, each Guarantor and each of his, her or its
current and former employees, officers, directors, members, managers, representatives,
agents, predecessors, successors, assigns, attorneys, advisors, and financial advisors (the
" Guarantor Parties"), of and from any claim, retained action, obligation, suit, judgment,
damage, demand, debt, right, cause of action, and liability, whether liquidated or
unliquidated, fixed or contingent, matured or unmatured, known or unknown, foreseen or
unforeseen, arising from , based upon or relating to, in whole or in part, (i) the Loan
Documents; (ii) the Loan; (iii) the Real Property; (iv) the Guaranties; and (v) the subject
matter of, or the transaction(s) or event(s) giving rise to, any claim of Lender against the
Guarantor Parties, or any of them, and any act, omission, occurrence or event in any
manner related to such subject matter, transaction or obligation; provided that the
foregoing release shall not limit nor be deemed to limit Lender' s right to enforce this
Agreement in accordance with its terms or limit any indemnifications under the Loan
Documents that survive repayment of the debt including, but not limited to, the
environmental indemnity under the Loan Documents.
e.
EACH OF THE PARTIES EXPRESSLY ACKNOWLEDGES THAT
ALTHOUGH ORDINARILY A GENERAL RELEASE MAY NOT EXTEND TO
CLAIMS WHICH THE RELEASING PARTY DOES NOT KNOW OR SUSPECT TO
EXIST IN ITS FAVOR, WHICH IF KNOWN BY IT MAY HAVE MATERIALLY
AFFECTED ITS SETTLEMENT WITH THE PARTY RELEASED, THEY HAVE
CAREFULLY CONSIDERED AND TAKEN INTO ACCOUNT IN DETERMINING
TO ENTER INTO THE ABOVE RELEASES THE POSSIBLE EXISTENCE OF SUCH
UNKNOWN LOSSES OR CLAIMS. WITHOUT LIMITING THE GENERALITY OF
THE FOREGOING, EXCEPT FOR THE CONTINUING OBLIGATIONS, EACH OF
THE PARTIES EXPRESSLY WAIVES ANY AND ALL RIGHTS CONFERRED
UPON IT BY ANY STATUTE OR RULE OF LAW WHICH PROVIDES THAT A
RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CLAIMANT DOES NOT
KNOW OR SUSPECT TO EXIST IN ITS FAVOR AT THE TIME OF EXECUTING
THE RELEASE, WHICH IF KNOWN BY IT MAY HAVE MATERIALLY
AFFECTED ITS SETTLEMENT WITH THE RELEASED PARTY, INCLUDING,
WITHOUT LIMITATION, THE PROVISIONS OF CALIFORNIA CIVIL CODE
SECTION 1542. THE RELEASES CONTAINED IN THIS SECTION 13 ARE
EFFECTIVE REGARDLESS OF WHETHER THOSE RELEASED MATTERS ARE
PRESENTLY KNOWN, UNKNOWN, SUSPECTED OR UNSUSPECTED,
FORESEEN OR UNFORESEEN, EXCLUDING THE CONTINUING OBLIGATIONS.
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14.
Waiver of Section 1542 of the California Civil Code.
understands that Section 1542 of the California Civil Code provides:
Each Party
A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS
WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO
EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING
THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST
HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT
WITH THE DEBTOR.
Each of the Parties is aware that hereafter it may discover claims presently
unknown or undisclosed to it, facts in addition to or different from those which it now knows or
believes to be true, and/or claims in its favor of which such Party is currently unaware.
Nevertheless, by this Agreement, the Parties (i) expressly intend for all of such claims to be
included within the scope of the foregoing releases and that such releases constitute a full,
complete, voluntary, absolute, and general release of all such claims; and (ii) expressly
acknowledge that its waiver and relinquishment of rights under section 1542 of the California
Civil Code and all similar rights, rules, regulations, and provisions is an essential element of the
consideration provided to the other Parties by this Agreement and that, without such waiver and
relinquishment, the other Parties would not have executed this Agreement or agreed to its terms.
Notwithstanding the foregoing, no rights or claims arising out of this Agreement are waived or
released.
15 .
Good-Faith Cooperation; Further Assurances. The Parties shall cooperate
with each other in good faith in respect of matters concerning the implementation and
consummation of this Agreement. The Parties confirm that they have not assigned or
transferred, in any manner (including by subrogation or operation of law), any claims being
waived and released pursuant to this Agreement.
16.
Third Party Beneficiaries. This Agreement is not intended for the benefit of any
person other than the Parties and the released parties identified in Section 13 of this Agreement,
and no such other person will be deemed to be a third party beneficiary hereof.
17.
Successors and Assigns. This Agreement shall inure to the benefit of, and shall
be binding upon, the successors and assigns of the Parties, and each of them.
18.
Attorneys' Fees. Other than as set forth herein, the Parties shall bear their
respective costs and attorneys' fees with respect to the preparation and execution of this
Agreement. In the event of any action or proceeding brought by any Party against another Party
to enforce this Agreement, the prevailing Party in such enforcement action or proceeding shall be
entitled to recover all reasonable costs and expenses, including its attorneys' and experts' fees
and costs incurred in such enforcement action or proceeding. The prevailing Party in any such
enforcement action or proceeding shall be determined by the court based upon an assessment of
which Party' s major arguments made or positions taken in the enforcement action or proceeding
could fairly be said to have prevailed over the other Party' s major arguments or positions on
major disputed issues. (As used herein, "major" refers to the potential economic value of an
issue or argument.) If the Party which shall have commenced or instituted the action, suit or
7
LA\448391 7.7
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 06/06/16 Page 11 of 17
Case 15-16986-mkn Doc 200-1 Entered 04/07/16 11:44:29 Page 9 of 36
proceeding shall dismiss or discontinue it without the concurrence of the other Party, then such
other Party shall be presumed to be the prevailing Party.
19.
Governing Law. All issues and questions concerning the construction, validity,
enforcement and interpretation of this Agreement will be governed by, and construed in
accordance with, the laws of the State of Nevada, without giving effect to any choice of law or
conflict of law rules or provisions that would cause the application hereto of the laws of any
jurisdiction other than the State of Nevada.
Waiver of Jury. In any court proceeding ansmg out of or relating to this
20.
Agreement, each Party hereby waives any right to trial by jury.
Jurisdiction. Any dispute arising under this Agreement shall be brought only in
21.
the Bankruptcy Court located in Las Vegas, Nevada.
22 .
Notice. All notices, requests, consents, claims, demands, waivers, and other
communications hereunder shall be in writing and shall be deemed to have been given: (a) when
delivered by hand (with written confirmation or receipt); (b) when received by the addressee if
sent by a nationally recognized overnight courier (receipt requested); (c) on the next business day
after the date sent by facsimile or electronic mail ("email") of a portable document form at
("PDF") document (with confirmation of transmission, and with a copy being mailed on the
same day) if sent during normal business hours of the recipient, and on the second business day
after being sent if sent after nonnal business hours of the recipient; or (d) on the third day after
the date mailed, by certified or registered mail, return receipt requested, postage prepaid. Such
communications must be sent to the respective Parties at the following addresses (or at such
other address for a Party as shall be specified in a notice given in accordance with this
Section 22):
If to the Debtor:
T A WK Development, LLC
5067 Madre Mesa Drive
Las Vegas, Nevada 89108
Attention: Michael Talbott
Email: mike@falconlandingnevada.com
Facsimile: (702) 441-1440
with a copy to:
Garman Turner Gordon LLP
650 White Drive, Ste. 100
Las Vegas, Nevada 89119
Attention: Talitha Gray Kozlowski
Email: tgray@gtg.legal
Facsimile: (725) 777-3112
and
8
LA\44839 17.7
Case 15-16986-mkn Doc 200-1Document 46 Filed 11:44:29 Page 12 of 36
2:16-cv-00160-GMN-PAL
Entered 04/07/16 06/06/16
10 17
Charles, Kane & Dye LLP
1920 Main Street, Ste. 1070
Irvine, California 92614
Attention: Steve Kane
Email : skane@ckdcounsel.com
Facsimile: (949) 852-9878
If to Lender:
Athene Annuity and Life Company
c/o Athene Asset Management, L.P.
2121 Rosecrans Ave, Suite 5300
Attn: Angelo Lombardo, Esq.
Email : alombardo@athenelp.com
with a copy to:
Latham & Watkins LLP
355 S. Grand Avenue
Los Angeles, California 90071-1560
Attention: Kimberly A. Posin, Esq. and Amy C. Quartarolo, Esq.
Email: kim.posin@ lw .com; amy.quartarolo@lw.com
Facsimile: (213) 891-8763
If to Michael Talbott or Cindy Talbott:
5067 Madre Mesa Drive
Las Vegas, Nevada 89108
Attention: Michael Talbott
Email: mike@falconlandingnevada.com
Facsimile: (702) 441-1440
with a copy to:
Charles, Kane & Dye LLP
1920 Main Street, Ste. 1070
Irvine, California 92614
Attention: Steve Kane
Email: skane@ckdcounsel.com
Facsimile: (949) 852-9878
If to Leroy Wilder or The Leroy and Nancy Wilder Trust:
2683 Neon Moon Ct.
Henderson, NV 89052
9
LA\44839 17.7
Case 15-16986-mkn Doc 200-1Document 46 Filed 11:44:29 Page 13 of 36
2:16-cv-00160-GMN-PAL
Entered 04/07/16 06/06/16
11 17
Attention: Leroy Wilder
with a copy to:
Charles, Kane & Dye LLP
1920 Main Street, Ste. 1070
Irvine, California 92614
Attention: Steve Kane
Email: skane@ckdcounsel.com
Facsimile: (949) 852-9878
If to Scott or Karen Keller:
C/0 Keller Investment Properties, LLC
500 North Marketplace Drive #101
Centerville, UT 84014
Email : scottckeller@kip123.com
with a copy to:
Cory Hanks
Keller Investment Properties, LLC
500 North Marketplace Drive #101
Centerville, UT 84014
Email: chanks@kip 123.com
with a copy to:
Jonathan K. Butler
Parsons Behle & Latimer
201 South Main Street, Suite 1800
Salt Lake City, UT 84111
Email: jonbutler@parsonsbehle.com
Facsimile: (801) 536-6111
23 .
No Strict Construction. This Agreement shall be deemed to have been jointly
drafted by the Parties, and any uncertainty or omission shall not be construed as an attribution of
drafting by any party.
Severability. The invalidity or unenforceability of any provision of this
24.
Agreement will not affect the validity or enforceability of any other provision of this Agreement,
which will otherwise remain in full force and effect.
Entire Agreement; Amendment; Waiver. (a) This Agreement sets forth the
25.
entire understanding of the Parties regarding the subject matter hereof and supersedes all prior
oral or written agreements between them; (b) this Agreement may not be modified, amended or
10
LA\44839 17.7
Case 15-16986-mkn Doc 200-1Document 46 Filed 11:44:29 Page 14 of 36
2:16-cv-00160-GMN-PAL
Entered 04/07/16 06/06/16
12 17
supplemented, except in a writing signed by each of the Parties; and (c) the terms and conditions
hereof may not be waived except in a writing executed by each of the Parties.
26.
No Liability. It is understood and agreed by the Parties that this Agreement
represents a settlement and compromise of the claims by and against the Parties and neither this
Agreement itself, any of the payments or covenants described herein, nor anything else
connected with this Agreement is to be construed as an admission of fault or liability.
Counterparts. This Agreement may be executed in separate counterparts, each
27.
of which will be deemed to be an original and all of which taken together will constitute one and
the same agreement. Signed signature pages may be transmitted by facsimile or e-mail, and any
such signature shall have the same legal effect as an original.
28 .
Headings. The headings in this Agreement are for purposes of convenience only,
and will not be deemed to amend, modify, expand, limit, or in any way affect the meaning of any
of the provisions hereof.
[SIGNATURE PAGES FOLLOW]
11
LA\4483917.7
Case 15-16986-mkn Doc 200-1Document 46 Filed 11:44:29 Page 15 of 36
2:16-cv-00160-GMN-PAL
Entered 04/07/16 06/06/16
13 17
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the
date first written above.
ATHENE ANNUITY AND LIFE COMPANY
TA WK DEVELOPMENT, LLC
By: _ _ __
Name:
Its:
LA\448:\917.1
Case 15-16986-mkn Doc 200-1Document 46 Filed 11:44:29 Page 16 of 36
2:16-cv-00160-GMN-PAL
Entered 04/07/16 06/06/16
14 17
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the
date first written above.
ATHENE
LIFE
COMPANY
AND
ANNUITY
By: ________________________
Name :
Its:
TAWK DEVELOPMENT, LLC
By:
I
Name:
Its:
LA\44839 17.4
/kJJ!diM
Manager
Case 15-16986-mkn Doc 200-1Document 46 Filed 11:44:29 Page 17 of 36
2:16-cv-00160-GMN-PAL
Entered 04/07/16 06/06/16
15 17
GUARANTORS
/UJJ/dt#!
By:
Name:' Michael Talbott
&~JJ~r~'
By: __~~~-------------~
~ -----
Name: Cindy Talbott
By: _________________________
Name: Leroy Wilder
By:
------------------------Name: Leroy Wilder, as trustee of The Leroy and
Nancy Wilder Trust
By:
------------------------Name: Scott Keller
By: ________________________
Name: Karen Keller
LA\4483917.4
Case 15-16986-mkn Doc 200-1Document 46 Filed 11:44:29 Page 18 of 36
2:16-cv-00160-GMN-PAL
Entered 04/07/16 06/06/16
16 17
GUARANTORS
By: _________________________
Name: Michael Talbott
By: _______________________
Name: Cindy Talbott
By: ~~ 2~t: e- /.k__.c__--..'
Name: Leroy Wilder
Name: Lero
ilder, as trustee of The Leroy and
Nancy Wilder Trust
By:
-------------------------Name: Scott Keller
By:
------------------------Name: Karen Keller
LA\4483917.7
Case 15-16986-mkn Doc 200-1Document 46 Filed 11:44:29 Page 19 of 36
2:16-cv-00160-GMN-PAL
Entered 04/07/16 06/06/16
17 17
GUARANTORS
By: - - ·
Name: Michael Talbott
By: ________________________
Name: Cindy Talbott
By: _______________________
Name: Leroy Wilder
B~
Name: Leroy Wilder, as trustee of The Leroy and
Nancy Wilder Trust
?MI~
By:
Name: Scott Keller
LA\4483917.7-
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 06/06/16 Page 21 of 36
EXHIBIT B
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 22of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 1 of
1
2
3
4
Entered on Docket
5May 27, 2016
___________________________________________________________________
6
7
8
9
10
11
12
GARMAN TURNER GORDON LLP
TALITHA GRAY KOZLOWSKI, ESQ.
Nevada Bar No. 9040
E-mail: tgray@gtg.legal
MARK M. WEISNEMILLER, ESQ.
Nevada Bar No. 12128
E-mail: mweisenmiller@gtg.legal
650 White Drive, Ste. 100
Las Vegas, Nevada 89119
Telephone: 725-777-3000
Facsimile: 725-777-3112
Attorneys for TAWK Development, LLC
13
14
UNITED STATES BANKRUPTCY COURT
15
FOR THE DISTRICT OF NEVADA
16
In re:
Case No.: 15-16986-mkn
Chapter 11
17
TAWK DEVELOPMENT, LLC,
Debtor.
18
Date: May 11, 2016
Time: 9:30 a.m.
19
20
ORDER APPROVING MOTION SEEKING APPROVAL OF SETTLEMENT
PURSUANT TO FED. R. BANKR. P. 9019 AND VACATING HEARINGS
21
TAWK Development, LLC (“Debtor”), debtor and debtor-in-possession, filed its Motion
22
23
24
25
26
Seeking Approval of Settlement Pursuant to Fed. R. Bankr. P. 9019 [ECF No. 200] (the
“Motion”),1 which came on for hearing before the above-captioned Court on May 11, 2016, at
9:30 a.m. (the “Hearing”). All appearances were duly noted on the record at the Hearing on the
Motion.
27
28
GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
1
All undefined, capitalized terms shall have the meaning ascribed to them in the Motion.
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 23of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 2 of
1
The Court having reviewed the Motion and all matters submitted therewith; having
2
considered the argument of counsel at the Hearing; notice of the Motion having been proper; the
3
Court having stated its findings of fact and conclusions of law on the record at the hearing, which
4
are incorporated herein by reference in accordance with Rule 52 of the Federal Rules of Civil
5
Procedure, made applicable pursuant to Rule 9014 of the Federal Rules of Bankruptcy
6
Procedure; and good cause appearing therefore,
7
IT IS HEREBY ORDERED that:
8
1.
The Motion is granted.
9
2.
The Settlement Agreement is approved in its entirety and Debtor, Athene Annuity
10
and Life Company, and Leroy Wilder, as trustee of the Leroy and Nancy Wilder Trust, Leroy
11
Wilder, Scott Keller, Karen Keller, Michael Talbott, and Cindy Talbott are authorized to take all
12
action necessary to effectuate the terms of the Settlement Agreement.
13
3.
The Confirmation Hearing and Stay Relief Hearing Scheduled for May 31, 2016,
14
at 9:30 a.m., is hereby vacated.
15
IT IS SO ORDERED.
16
PREPARED AND SUBMITTED:
APPROVED:
17
GARMAN TURNER GORDON LLP
KOLESAR & LEATHAM
By: /s/ Talitha Gray Kozlowski
TALITHA GRAY KOZLOWSKI, ESQ.
MARK M. WEISENMILLER, ESQ.
650 White Drive, Suite 100
Las Vegas, Nevada 89119
Attorneys for Debtor
By: /s/ Kimberly A. Posin
BART K. LARSEN, ESQ.
400 S. Rampart Blvd., Suite 400
Las Vegas, Nevada 89145
18
19
20
21
and
22
LATHAM & WATKINS LLP
KIMBERLY A. POSIN, ESQ.
AMY C. QUARTAROLO, ESQ.
355 S. Grand Avenue
Los Angeles, CA 90071
Attorneys for Athene Annuity and Life
Company
23
24
25
26
27
28
GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
2
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 24of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 3 of
1
2
3
LR 9021 CERTIFICATION
In accordance with LR 9021, counsel submitting this document certifies that the order
accurately reflects the court’s ruling and that (check one):
4
The court waived the requirement of approval under LR 9021(b)(1).
5
No party appeared at the hearing or filed an objection to the motion.
6
7
8
I have delivered a copy of this proposed order to all counsel who appeared at the
hearing, and any unrepresented parties who appeared at the hearing, and each has
approved or disapproved the order, or failed to respond, as indicated above.
9
10
11
I certify that this is a case under Chapter 7 or 13, that I have served a copy of this
order with the motion pursuant to LR 9014(g), and that no party has objection to
the form or content of the order.
12
###
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
3
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 06/06/16 Page 25 of 36
EXHIBIT B
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 26of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 1 of
1
2
3
4
Entered on Docket
5May 27, 2016
___________________________________________________________________
6
7
8
9
10
11
12
GARMAN TURNER GORDON LLP
TALITHA GRAY KOZLOWSKI, ESQ.
Nevada Bar No. 9040
E-mail: tgray@gtg.legal
MARK M. WEISNEMILLER, ESQ.
Nevada Bar No. 12128
E-mail: mweisenmiller@gtg.legal
650 White Drive, Ste. 100
Las Vegas, Nevada 89119
Telephone: 725-777-3000
Facsimile: 725-777-3112
Attorneys for TAWK Development, LLC
13
14
UNITED STATES BANKRUPTCY COURT
15
FOR THE DISTRICT OF NEVADA
16
In re:
Case No.: 15-16986-mkn
Chapter 11
17
TAWK DEVELOPMENT, LLC,
Debtor.
18
Date: May 11, 2016
Time: 9:30 a.m.
19
20
ORDER APPROVING MOTION SEEKING APPROVAL OF SETTLEMENT
PURSUANT TO FED. R. BANKR. P. 9019 AND VACATING HEARINGS
21
TAWK Development, LLC (“Debtor”), debtor and debtor-in-possession, filed its Motion
22
23
24
25
26
Seeking Approval of Settlement Pursuant to Fed. R. Bankr. P. 9019 [ECF No. 200] (the
“Motion”),1 which came on for hearing before the above-captioned Court on May 11, 2016, at
9:30 a.m. (the “Hearing”). All appearances were duly noted on the record at the Hearing on the
Motion.
27
28
GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
1
All undefined, capitalized terms shall have the meaning ascribed to them in the Motion.
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 27of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 2 of
1
The Court having reviewed the Motion and all matters submitted therewith; having
2
considered the argument of counsel at the Hearing; notice of the Motion having been proper; the
3
Court having stated its findings of fact and conclusions of law on the record at the hearing, which
4
are incorporated herein by reference in accordance with Rule 52 of the Federal Rules of Civil
5
Procedure, made applicable pursuant to Rule 9014 of the Federal Rules of Bankruptcy
6
Procedure; and good cause appearing therefore,
7
IT IS HEREBY ORDERED that:
8
1.
The Motion is granted.
9
2.
The Settlement Agreement is approved in its entirety and Debtor, Athene Annuity
10
and Life Company, and Leroy Wilder, as trustee of the Leroy and Nancy Wilder Trust, Leroy
11
Wilder, Scott Keller, Karen Keller, Michael Talbott, and Cindy Talbott are authorized to take all
12
action necessary to effectuate the terms of the Settlement Agreement.
13
3.
The Confirmation Hearing and Stay Relief Hearing Scheduled for May 31, 2016,
14
at 9:30 a.m., is hereby vacated.
15
IT IS SO ORDERED.
16
PREPARED AND SUBMITTED:
APPROVED:
17
GARMAN TURNER GORDON LLP
KOLESAR & LEATHAM
By: /s/ Talitha Gray Kozlowski
TALITHA GRAY KOZLOWSKI, ESQ.
MARK M. WEISENMILLER, ESQ.
650 White Drive, Suite 100
Las Vegas, Nevada 89119
Attorneys for Debtor
By: /s/ Kimberly A. Posin
BART K. LARSEN, ESQ.
400 S. Rampart Blvd., Suite 400
Las Vegas, Nevada 89145
18
19
20
21
and
22
LATHAM & WATKINS LLP
KIMBERLY A. POSIN, ESQ.
AMY C. QUARTAROLO, ESQ.
355 S. Grand Avenue
Los Angeles, CA 90071
Attorneys for Athene Annuity and Life
Company
23
24
25
26
27
28
GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
2
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 28of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 3 of
1
2
3
LR 9021 CERTIFICATION
In accordance with LR 9021, counsel submitting this document certifies that the order
accurately reflects the court’s ruling and that (check one):
4
The court waived the requirement of approval under LR 9021(b)(1).
5
No party appeared at the hearing or filed an objection to the motion.
6
7
8
I have delivered a copy of this proposed order to all counsel who appeared at the
hearing, and any unrepresented parties who appeared at the hearing, and each has
approved or disapproved the order, or failed to respond, as indicated above.
9
10
11
I certify that this is a case under Chapter 7 or 13, that I have served a copy of this
order with the motion pursuant to LR 9014(g), and that no party has objection to
the form or content of the order.
12
###
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
3
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 06/06/16 Page 29 of 36
EXHIBIT B
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 30of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 1 of
1
2
3
4
Entered on Docket
5May 27, 2016
___________________________________________________________________
6
7
8
9
10
11
12
GARMAN TURNER GORDON LLP
TALITHA GRAY KOZLOWSKI, ESQ.
Nevada Bar No. 9040
E-mail: tgray@gtg.legal
MARK M. WEISNEMILLER, ESQ.
Nevada Bar No. 12128
E-mail: mweisenmiller@gtg.legal
650 White Drive, Ste. 100
Las Vegas, Nevada 89119
Telephone: 725-777-3000
Facsimile: 725-777-3112
Attorneys for TAWK Development, LLC
13
14
UNITED STATES BANKRUPTCY COURT
15
FOR THE DISTRICT OF NEVADA
16
In re:
Case No.: 15-16986-mkn
Chapter 11
17
TAWK DEVELOPMENT, LLC,
Debtor.
18
Date: May 11, 2016
Time: 9:30 a.m.
19
20
ORDER APPROVING MOTION SEEKING APPROVAL OF SETTLEMENT
PURSUANT TO FED. R. BANKR. P. 9019 AND VACATING HEARINGS
21
TAWK Development, LLC (“Debtor”), debtor and debtor-in-possession, filed its Motion
22
23
24
25
26
Seeking Approval of Settlement Pursuant to Fed. R. Bankr. P. 9019 [ECF No. 200] (the
“Motion”),1 which came on for hearing before the above-captioned Court on May 11, 2016, at
9:30 a.m. (the “Hearing”). All appearances were duly noted on the record at the Hearing on the
Motion.
27
28
GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
1
All undefined, capitalized terms shall have the meaning ascribed to them in the Motion.
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 31of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 2 of
1
The Court having reviewed the Motion and all matters submitted therewith; having
2
considered the argument of counsel at the Hearing; notice of the Motion having been proper; the
3
Court having stated its findings of fact and conclusions of law on the record at the hearing, which
4
are incorporated herein by reference in accordance with Rule 52 of the Federal Rules of Civil
5
Procedure, made applicable pursuant to Rule 9014 of the Federal Rules of Bankruptcy
6
Procedure; and good cause appearing therefore,
7
IT IS HEREBY ORDERED that:
8
1.
The Motion is granted.
9
2.
The Settlement Agreement is approved in its entirety and Debtor, Athene Annuity
10
and Life Company, and Leroy Wilder, as trustee of the Leroy and Nancy Wilder Trust, Leroy
11
Wilder, Scott Keller, Karen Keller, Michael Talbott, and Cindy Talbott are authorized to take all
12
action necessary to effectuate the terms of the Settlement Agreement.
13
3.
The Confirmation Hearing and Stay Relief Hearing Scheduled for May 31, 2016,
14
at 9:30 a.m., is hereby vacated.
15
IT IS SO ORDERED.
16
PREPARED AND SUBMITTED:
APPROVED:
17
GARMAN TURNER GORDON LLP
KOLESAR & LEATHAM
By: /s/ Talitha Gray Kozlowski
TALITHA GRAY KOZLOWSKI, ESQ.
MARK M. WEISENMILLER, ESQ.
650 White Drive, Suite 100
Las Vegas, Nevada 89119
Attorneys for Debtor
By: /s/ Kimberly A. Posin
BART K. LARSEN, ESQ.
400 S. Rampart Blvd., Suite 400
Las Vegas, Nevada 89145
18
19
20
21
and
22
LATHAM & WATKINS LLP
KIMBERLY A. POSIN, ESQ.
AMY C. QUARTAROLO, ESQ.
355 S. Grand Avenue
Los Angeles, CA 90071
Attorneys for Athene Annuity and Life
Company
23
24
25
26
27
28
GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
2
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 32of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 3 of
1
2
3
LR 9021 CERTIFICATION
In accordance with LR 9021, counsel submitting this document certifies that the order
accurately reflects the court’s ruling and that (check one):
4
The court waived the requirement of approval under LR 9021(b)(1).
5
No party appeared at the hearing or filed an objection to the motion.
6
7
8
I have delivered a copy of this proposed order to all counsel who appeared at the
hearing, and any unrepresented parties who appeared at the hearing, and each has
approved or disapproved the order, or failed to respond, as indicated above.
9
10
11
I certify that this is a case under Chapter 7 or 13, that I have served a copy of this
order with the motion pursuant to LR 9014(g), and that no party has objection to
the form or content of the order.
12
###
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
3
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 06/06/16 Page 33 of 36
EXHIBIT B
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 34of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 1 of
1
2
3
4
Entered on Docket
5May 27, 2016
___________________________________________________________________
6
7
8
9
10
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GARMAN TURNER GORDON LLP
TALITHA GRAY KOZLOWSKI, ESQ.
Nevada Bar No. 9040
E-mail: tgray@gtg.legal
MARK M. WEISNEMILLER, ESQ.
Nevada Bar No. 12128
E-mail: mweisenmiller@gtg.legal
650 White Drive, Ste. 100
Las Vegas, Nevada 89119
Telephone: 725-777-3000
Facsimile: 725-777-3112
Attorneys for TAWK Development, LLC
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UNITED STATES BANKRUPTCY COURT
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FOR THE DISTRICT OF NEVADA
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In re:
Case No.: 15-16986-mkn
Chapter 11
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TAWK DEVELOPMENT, LLC,
Debtor.
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Date: May 11, 2016
Time: 9:30 a.m.
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ORDER APPROVING MOTION SEEKING APPROVAL OF SETTLEMENT
PURSUANT TO FED. R. BANKR. P. 9019 AND VACATING HEARINGS
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TAWK Development, LLC (“Debtor”), debtor and debtor-in-possession, filed its Motion
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Seeking Approval of Settlement Pursuant to Fed. R. Bankr. P. 9019 [ECF No. 200] (the
“Motion”),1 which came on for hearing before the above-captioned Court on May 11, 2016, at
9:30 a.m. (the “Hearing”). All appearances were duly noted on the record at the Hearing on the
Motion.
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GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
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All undefined, capitalized terms shall have the meaning ascribed to them in the Motion.
Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 35of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 2 of
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The Court having reviewed the Motion and all matters submitted therewith; having
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considered the argument of counsel at the Hearing; notice of the Motion having been proper; the
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Court having stated its findings of fact and conclusions of law on the record at the hearing, which
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are incorporated herein by reference in accordance with Rule 52 of the Federal Rules of Civil
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Procedure, made applicable pursuant to Rule 9014 of the Federal Rules of Bankruptcy
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Procedure; and good cause appearing therefore,
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IT IS HEREBY ORDERED that:
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The Motion is granted.
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2.
The Settlement Agreement is approved in its entirety and Debtor, Athene Annuity
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and Life Company, and Leroy Wilder, as trustee of the Leroy and Nancy Wilder Trust, Leroy
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Wilder, Scott Keller, Karen Keller, Michael Talbott, and Cindy Talbott are authorized to take all
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action necessary to effectuate the terms of the Settlement Agreement.
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3.
The Confirmation Hearing and Stay Relief Hearing Scheduled for May 31, 2016,
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at 9:30 a.m., is hereby vacated.
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IT IS SO ORDERED.
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PREPARED AND SUBMITTED:
APPROVED:
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GARMAN TURNER GORDON LLP
KOLESAR & LEATHAM
By: /s/ Talitha Gray Kozlowski
TALITHA GRAY KOZLOWSKI, ESQ.
MARK M. WEISENMILLER, ESQ.
650 White Drive, Suite 100
Las Vegas, Nevada 89119
Attorneys for Debtor
By: /s/ Kimberly A. Posin
BART K. LARSEN, ESQ.
400 S. Rampart Blvd., Suite 400
Las Vegas, Nevada 89145
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and
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LATHAM & WATKINS LLP
KIMBERLY A. POSIN, ESQ.
AMY C. QUARTAROLO, ESQ.
355 S. Grand Avenue
Los Angeles, CA 90071
Attorneys for Athene Annuity and Life
Company
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GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
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Case 2:16-cv-00160-GMN-PAL Document 46 Filed 16:49:40 Page 36of 336
Case 15-16986-mkn Doc 214 Entered 05/27/16 06/06/16 Page 3 of
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LR 9021 CERTIFICATION
In accordance with LR 9021, counsel submitting this document certifies that the order
accurately reflects the court’s ruling and that (check one):
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The court waived the requirement of approval under LR 9021(b)(1).
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No party appeared at the hearing or filed an objection to the motion.
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I have delivered a copy of this proposed order to all counsel who appeared at the
hearing, and any unrepresented parties who appeared at the hearing, and each has
approved or disapproved the order, or failed to respond, as indicated above.
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I certify that this is a case under Chapter 7 or 13, that I have served a copy of this
order with the motion pursuant to LR 9014(g), and that no party has objection to
the form or content of the order.
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###
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GARMAN TURNER GORDON
650 White Drive, Ste. 100
Las Vegas, NV 89119
725-777-3000
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