Wilmington Trust Company v. SFR Investments Pool 1, LLC et al

Filing 88

ORDER Granting 87 Stipulation to Release Bond re 15 Certificate of Cash Deposit. Signed by Judge Richard F. Boulware, II on 3/31/2021. (Copies have been distributed pursuant to the NEF -cc: Finance - JQC)

1
2
3
4
5
6
7

MELANIE D. MORGAN, ESQ.
Nevada Bar No. 8215
DONNA M. WITTIG, ESQ.
Nevada Bar No. 11015
SCOTT R. LACHMAN, ESQ.
Nevada Bar No. 12016
AKERMAN LLP
1635 Village Center Circle, Suite 200
Las Vegas, Nevada 89134
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
Email: [e-mail]
Email: [e-mail]

8
9

1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

AKERMAN LLP

10
11

Attorneys for Wilmington Trust Company, as
Trustee for the Bear Stearns ALT-A Trust,
Mortgage Pass-Through Certificates, Series
2007-1, Mortgage Electronic Registration
Systems, Inc., on behalf of Pulte Mortgage, LLC
and Nationstar Mortgage LLC

12

UNITED STATES DISTRICT COURT

13

DISTRICT OF NEVADA

14
15

WILMINGTON TRUST COMPANY, AS
TRUSTEE FOR THE BEAR STEARNS ALT-A
TRUST,
MORTGAGE
PASS-THROUGH
CERTIFICATES SERIES 2007-1

Case No.: 2:16-cv-00326-RFB-BNW

16
Plaintiff,
17

vs.

18

SFR INVESTMENTS POOL 1, LLC, a Nevada
limited liability company; CLUB AT MADEIRA
CANYON UNIT OWNERS' ASSOCIATION;
NEVADA ASSOCIATION SERVICES, INC.;
DOES I through X, inclusive; and ROE
CORPORATIONS I through X, inclusive,

19
20
21

Defendants.
22
23
24
25
26
27
28
1
56981711;1

STIPULATION
AND
RELEASE BOND

ORDER

TO

1

SFR INVESTMENTS POOL 1, LLC, a Nevada
limited liability company,

2
Counter/Cross-Claimant,
3

vs.

4

WILMINGTON TRUST COMPANY, AS
TRUSTEE FOR THE BEAR STEARNS ALT-A
TRUST,
MORTGAGE
PASS-THROUGH
CERTIFICATES
SERIES
2007-1;
NATIONSTAR MORTGAGE LLC, a Delaware
limited liability company; MORTGAGE
ELECTRONIC REGISTRATION SYSTEMS,
INC., a Delaware corporation, as nominee
beneficiary for PULTE MORTGAGE, LLC;
HAMLET McNEACE, an individual; and
SHAWN McNEACE, an individual,

5
6
7
8
9

1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

AKERMAN LLP

10

Counter/Cross-Defendants.

11
12

Defendant SFR Investments Pool 1, LLC demanded plaintiff Wilmington Trust Co., as

13

Trustee for the Bear Stearns ALT-A Trust, Mortgage Pass-Through Certificates, Series 2007-1 post

14

a cost bond pursuant to NRS 18.130(1) [ECF No. 10]. This court thereafter ordered Wilmington to

15

post a $500 bond [ECF No. 13]. A $500 cash deposit was subsequently made by Wright Finlay &

16

Zak LLP on behalf of Wilmington [ECF No. 15]. The bond is to provide "security for the costs and

17

charges which may be awarded against [the] plaintiff . . ." NRS 18.130(1).

18

On April 13, 2018, Wilmington moved to substitute Akerman LLP as its counsel of record in

19

the place and stead of Wright Finlay & Zak, LLP [ECF No. 49]. On April 16, 2018, the court entered

20

an order granting Wilmington 's substitution of attorney [ECF No. 50].

21

On August 1, 2019, the court entered a judgment [ECF No. 67]. The court amended this

22

judgment on August 9, 2019 [ECF No. 69]. Wilmington timely filed a notice of appeal on September

23

3, 2019 [ECF No. 74].

24

…

25

…

26

…

27

…

28

…
2
56981711;1

1

The parties stipulated to a voluntarily dismissal of this appeal on February 23, 2021. On

2

February 25, 2021, the United States Court of Appeals for the Ninth Circuit issued a mandate

3

dismissing the appeal [ECF No. 82], closing this case. As this matter is now concluded, the parties

4

stipulate and agree that the court will refund to Akerman LLP, on behalf of Wilmington, the $500.00

5

security bond, plus interest.

6

DATED: March 5, 2021.

DATED March 5, 2021.

7

AKERMAN LLP

KIM GILBERT EBRON

8

/s/Melanie D. Morgan
MELANIE D. MORGAN, ESQ.
Nevada Bar No. 8215
DONNA M. WITTIG, ESQ.
Nevada Bar No. 11015
SCOTT R. LACHMAN, ESQ.
Nevada Bar No. 12016
1635 Village Center Circle, Suite 200
Las Vegas, Nevada 89134

/s/ Jacqueline A. Gilbert
DIANA S. EBRON, ESQ.
Nevada Bar No. 10580
JACQUELINE A. GILBERT, ESQ.
Nevada Bar No. 10593
KAREN L. HANKS, ESQ.
Nevada Bar No. 9578
7625 Dean Martin Drive, Suite 110
Las Vegas, Nevada 89139

9

1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

AKERMAN LLP

10
11
12
13
14
15
16

Attorneys for Wilmington Trust Company, as Attorneys for SFR Investments Pool 1, LLC
Trustee for the Bear Stearns ALT-A Trust,
Mortgage Pass-Through Certificates, Series
2007-1, Mortgage Electronic Registration
Systems, Inc., on behalf of Pulte Mortgage, LLC
and Nationstar Mortgage LLC

17
18
IT IS SO ORDERED.

19
20
21
22

RICHARD F. BOULWARE, II
UNITED STATES DISTRICT JUDGE
Case No.: 2:16-cv-00326-RFB-BNW

23
24

March 31, 2021
DATED

25
26
27
28

3
56981711;1