Bank of America, N.A. v. Elkhorn Community Association et al

Filing 32

ORDER. IT IS HEREBY ORDERED that Defendant SFR's Demand for Security of Costs 27 is Granted in part and Denied in part. IT IS FURTHER ORDERED that Plaintiff shall provide security in the amount of $500, as to Defendant SFR, no late r than January 28, 2017. IT IS FURTHER ORDERED that Defendant SFR's request for a stay of proceedings pending the posting of security is Denied. Signed by Magistrate Judge Nancy J. Koppe on 01/09/2017. (Copies have been distributed pursuant to the NEF - NEV)

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1 2 3 4 5 6 UNITED STATES DISTRICT COURT 7 DISTRICT OF NEVADA 8 *** 9 10 11 12 13 BANK OF AMERICA, N.A., ) ) Plaintiff, ) ) vs. ) ) ELKHORN COMMUNITY ASSOCIATION, et al., ) ) Defendants. ) ) 2:16-cv-00524-RFB-NJK ORDER (Docket No. 27) 14 15 Pending before the Court is Defendant SFR Investments Pool 1, LLC’s (“SFR”) Demand for 16 Security of Costs. Docket No. 27. Plaintiff filed a limited non-opposition to SFR’s demand. Docket 17 No. 31. The Court finds that this motion is properly resolved without oral argument. See Local Rule 18 78-1. 19 DISCUSSION 20 It is the policy of the United States District Court for the District of Nevada to enforce the 21 requirements of NRS 18.130 in diversity actions. Feagins v. Trump Org., 2012 WL 925027, *1 (D. 22 Nev. Mar. 19, 2012); citing Hamar v. Hyatt Corp., 98 F.R.D. 305, 305–306 (D.Nev.1983); 23 Arrambide v. St. Mary's Hosp., Inc., 647 F.Supp. 1148, 1149 (D.Nev.1986). Under Nevada law, 24 “[w]hen a plaintiff in an action resides out of the State, or is a foreign corporation, security for the 25 costs and charges which may be awarded against such plaintiff may be required by the defendant.” 26 NRS 18.130(1). The present case is a diversity action and Plaintiff is a non-resident of this state. See 27 Complaint, Docket No. 1, at ¶ 2. Therefore, Plaintiff is required to provide security in the amount 28 of $500 per defendant, pursuant to NRS 18.130. See Feagins, 2012 WL 925027, *1. CONCLUSION 1 2 Based on the foregoing, and good cause appearing therefore, 3 IT IS HEREBY ORDERED that Defendant SFR’s Demand for Security of Costs (Docket 4 5 6 7 8 9 No. 27) is GRANTED in part and DENIED in part. IT IS FURTHER ORDERED that Plaintiff shall provide security in the amount of $500, as to Defendant SFR, no later than January 28, 2017. IT IS FURTHER ORDERED that Defendant SFR’s request for a stay of proceedings pending the posting of security is DENIED. DATED: January 9, 2017. 10 11 12 13 NANCY J. KOPPE NCY KOPPE OPP PPE ed s Magistrate Ma st United States Magistrate Judge 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -2-

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