The Bank of New York Mellon v. Mesa Homeowners Association et al

Filing 30

ORDER granting 8 Motion for Demand for Security of Costs. Signed by Judge Richard F. Boulware, II on 10/10/16. (Copies have been distributed pursuant to the NEF - JM)

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1 2 3 4 5 6 7 8 9 DIANA CLINE EBRON, ESQ. Nevada Bar No. 10580 E-mail: diana@kgelegal.com JACQUELINE A. GILBERT, ESQ. Nevada Bar No. 10593 E-mail: jackie@kgelegal.com KAREN L. HANKS, ESQ. Nevada Bar No. 9578 E-mail: karen@kgelegal.com KIM GILBERT EBRON fka Howard Kim & Associates 7625 Dean Martin Drive, Suite 110 Las Vegas, Nevada 89139 Telephone: (702) 485-3300 Facsimile: (702) 485-3301 Attorneys for SFR Investments Pool 1, LLC UNITED STATES DISTRICT COURT 10 DISTRICT OF NEVADA 12 (702) 485-3300 FAX (702) 485-3301 KIM GILBERT EBRON 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 11 13 14 15 THE BANK OF NEW YORK MELLON FKA THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATEHOLDERS OF THE CWALT, INC., ALTERNATIVE LOAN TRUST 2007-HY7C MORTGAGE PASSTHROUGH CERTIFICATES SERIES 2007HY7C, Case No. 2:16-cv-01239-RFB-CWH SFR INVESTMENTS POOL 1, LLC’S DEMAND FOR SECURITY OF COSTS PURSUANT TO NRS 18.130(1) Plaintiff, 16 vs. 17 MESA HOMEOWNERS ASSOCIATION; SFR INVESTMENTS POOL 1, LLC; NEVADA ASSOCIATION SERVICES, Inc.; ALESSI & KOENIG, LLC, 18 19 20 Defendants. SFR INVESTMENTS POOL 1, LLC (“SFR”) hereby demands that plaintiff, THE BANK 21 OF NEW YORK MELLON FKA THE BANK OF NEW YORK, AS TRUSTEE FOR THE 22 CERTIFICATEHOLDERS OF THE CWALT, INC., ALTERNATIVE LOAN TRUST 200723 HY7C MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2007-HY7C (“BNY Mellon” 24 or “Bank”), an out-of-state resident, post a cost bond pursuant to NRS 18.130(1). 25 In Nevada, if a plaintiff resides outside of Nevada or is a foreign corporation, like the Bank, 26 “security for the costs and charges which may be awarded against such plaintiff may be required 27 by defendant, by the filing and service on plaintiff of a written demand within the time limited for 28 -1- 1 answering the complaint.” NRS 18.130(1). When a defendant demands a cost bond, “all 2 proceedings in the action shall be stayed” until plaintiff files “an undertaking, executed by two or 3 more persons, to the effect that they will pay such costs and charges as may be awarded against 4 the plaintiff by judgment, or in the progress of the action . . . or the plaintiff may deposit $500 with 5 the clerk of the court.” Id. “After the lapse of 30 days from the service of notice that security is 6 required, or of an order for new or additional security, upon proof thereof, and that no undertaking 7 as required has been filed, the court or judge may order the action to be dismissed.” NRS 8 18.130(4). 9 “It is the policy of the United States District Court for the District of Nevada to enforce 925027 (D. Nev.)(citing Hamar v. Hyatt Corp., 98 F.R.D. 305, 305-6 (D. Nev. 1983); Arrambide 12 (702) 485-3300 FAX (702) 485-3301 KIM GILBERT EBRON the requirements of NRS 18.130 in diversity actions.” Feagins v. Trump Organization, 2012 WL 11 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 10 v. St. Mary’s Hosp., Inc., 647 F.Supp. 1148, 1149 (D. Nev. 1986).) 13 Here, BNY Mellon is not a Nevada citizen, but rather a Delaware corporation with its 14 corporate headquarters in New York. Accordingly, SFR demands that the Bank post a $500 cost 15 bond within 30 days and that the proceedings be stayed until such cost bond is posted. Should 16 the Bank fail to comply with the requirements of NRS 18.130 within 30 days, SFR requests this 17 action be dismissed. 18 DATED June 30, 2016. KIM GILBERT EBRON 19 /s/ Diana Cline Ebron DIANA CLINE 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 Attorneys for SFR Investments Pool 1, LLC 20 21 IT IS SO ORDERED: 22 23 24 __________________________ RICHARD F. BOULWARE, II United States District Judge 25 DATED this 10th day of October, 2016. 26 27 28 -2- CERTIFICATE OF SERVICE 1 2 I HEREBY CERTIFY that on this 30th day of June 2016, pursuant to FRCP 5, I served via the 3 CM-ECF electronic filing system the foregoing SFR INVESTMENTS POOL 1, LLC’S 4 DEMAND FOR SECURITY OF COSTS PURSUANT TO NRS 18.130(1), to the following 5 parties: 6 7 8 9 10 12 (702) 485-3300 FAX (702) 485-3301 KIM GILBERT EBRON 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 11 13 Darren T Brenner William Shane Habdas Akerman LLP 1160 N. Town Center Dr., Ste. 330 Las Vegas, NV 89144 702-634-5000 Fax: 702-380-8572 Email: william.habdas@akerman.com Email: darren.brenner@akerman.com Counsel for THE BANK OF NEW YORK MELLON FKA THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATEHOLDERS OF THE CWALT, INC., ALTERNATIVE LOAN TRUST 2007-HY7C MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2007-HY7C 14 15 16 17 18 Christopher V. Yergensen Nevada Association Services, Inc. 6224 West Desert Inn Road Las Vegas, NV 89146 702-804-8885 Fax: 702-804-8887 Email: chris@nas-inc.com 19 20 Counsel for Nevada Association Services, Inc. 21 22 /s/ Alan G. Harvey An employee of KIM GILBERT EBRON 23 24 25 26 27 28 -3-

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