Deutsche Bank National Trust Company v. SFR Investments Pool 1, LLC

Filing 8

ORDER Granting 5 Motion for Demand for Security of Costs. Signed by Judge Jennifer A. Dorsey on 6/1/17. (Copies have been distributed pursuant to the NEF - MMM)

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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Deutsche Bank National Trust Company,

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2:17-cv-01166-JAD-CWH

Plaintiff
Order Directing Clerk of Court to Accept
Security of Costs Under NRS 18.130

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v.

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SFR Investments Pool 1, LLC, et al,

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[ECF No. 5]

Defendant

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SFR Investments Pool 1, LLC demanded that plaintiff Deutsche Bank National Trust

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Company, an out-of-state resident, post a cost bond under NRS 18.130(1).1 The statute allows a

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defendant in an action brought by an out-of-state plaintiff to demand that the plaintiff post a bond

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to secure costs up to $500.2 Once the demand is filed and served, “all proceedings in the action

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shall be stayed” until the cost bond is deposited.3 If the bond is not posted within 30 days of the

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demand, the defendant may move for dismissal.4
Because a court order is required in this district for the Clerk of Court to permit the

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posting of a cost bond, the demand is tracked as a motion in the court’s system. Accordingly,

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with good cause appearing, IT IS HEREBY ORDERED that SFR’s Demand for Security of

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Costs [ECF No. 5] is GRANTED; the CLERK OF COURT is directed to accept the deposit

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of $500.00 from plaintiff under NRS 18.130 as security for costs and charges that may be

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awarded against this plaintiff in the event that the cost bond is presented for deposit. Plaintiff

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must bring a copy of this order to the Clerk’s office when making this deposit. IT IS FURTHER

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ECF No. 5.

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Nev. Rev. Stat. 18.130(1).

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Id.

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Nev. Rev. Stat. 18.130(4).

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ORDERED that this case is stayed by operation of NRS 18.130(1) until the $500 is deposited.
DATED: June 1, 2017

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________________________________
______________________
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Jennifer A. Dorsey
ifer Dorsey
r
se
United States District Judge
ed States District Judge
tate D

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