HSBC Bank USA, National Association v. SFR Investments Pool 1, LLC et al

Filing 17

ORDER granting 9 Motion for Demand for Security of Costs. SFR demands that the Bank post a $500 cost bond within thirty (30) days and that the proceedings be stayed until such cost bond is posted. Signed by Magistrate Judge Peggy A. Leen on 10/31/2017. (Copies have been distributed pursuant to the NEF, cc: Finance - JM)

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Case 2:17-cv-01497-RFB-PAL Document 9 Filed 06/20/17 Page 1 of 4 1 2 3 4 5 6 7 8 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 7625 Dean Martin Drive, Suite 110 Las Vegas, Nevada 89139-5974 Telephone: (702) 485-3300 Facsimile: (702) 485-3301 Attorney for Defendant, SFR Investments Pool 1, LLC 9 UNITED STATES DISTRICT COURT 10 DISTRICT OF NEVADA 12 (702) 485-3300 FAX (702) 485-3301 KIMGILBERT EBRON 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 11 13 14 15 HSBC BANK USA, NATIONAL ASSOCIATION AS TRUSTEE FOR NOMURA ASSET ACCEPTANCE CORPORATION, MORTGAGE PASSTHROUGH CERTIFICATES, SERIES 2006AR3 AKA HSBC BANK USA, NATIONAL ASSOCIATION AS TRUSTEE FOR NAAC 2006-AR3, a national banking association, Case No.: 2:17-cv-01497-RFB-PAL SFR INVESTMENTS POOL 1, LLC’S DEMAND FOR SECURITY OF COSTS PURSUANT TO NRS 18.130(1) 16 Plaintiff, 17 vs. 18 19 20 21 22 23 24 SFR INVESTMENTS POOL 1, LLC, a Nevada limited-liability company; SOUTHERN HIGHLANDS COMMUNITY ASSOCIATION, a Nevada non-profit corporation; ALESSI & KOENIG, LLC, a Nevada limited-liability company, Defendants. SFR INVESTMENTS POOL 1, LLC’S DEMAND FOR SECURITY OF COSTS PURSUANT TO NRS 18.130(1) 25 Defendant SFR INVESTMENTS POOL 1, LLC (“SFR”) hereby demands that Plaintiff 26 HSBC BANK USA, NATIONAL ASSOCIATION AS TRUSTEE FOR NOMURA ASSET 27 ACCEPTANCE CORPORATION, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 28 2006-AR3 AKA HSBC BANK USA, NATIONAL ASSOCIATION AS TRUSTEE FOR NAAC -1- Case 2:17-cv-01497-RFB-PAL Document 9 Filed 06/20/17 Page 2 of 4 1 2006-AR3 (“HSBC BANK” or “Bank”), an out-of-state resident, post a cost bond pursuant to 2 NRS 18.130(1). required by defendant, by the filing and service on plaintiff of a written demand therefor within 6 the time limited for answering the complaint.” NRS 18.130(1). When a defendant demands a 7 cost bond, “all proceedings in the action shall be stayed” until plaintiff files “an undertaking, 8 executed by two or more persons, to be filed with the clerk, to the effect that they will pay such 9 costs and charges as may be awarded against the plaintiff by judgment, or in the progress of the 10 action” or “in lieu of such undertaking, the plaintiff may deposit $500, lawful money, with the 11 clerk of the court.” Id. “After the lapse of 30 days from the service of notice that security is 12 (702) 485-3300 FAX (702) 485-3301 Bank, “security for the costs and charges which may be awarded against such plaintiff may be 5 KIMGILBERT EBRON In Nevada, if a plaintiff resides outside of Nevada or is a foreign corporation, like the 4 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 3 required, or of an order for new or additional security, upon proof thereof, and that no 13 undertaking as required has been filed, the court or judge may order the action to be dismissed.” 14 NRS 18.130(4). 15 “It is the policy of the United States District Court for the District of Nevada to enforce 16 the requirements of NRS 18.130 in diversity actions.” Feagins v. Trump Organization, 2012 WL 17 925027 (D. Nev.)(citing Hamar v. Hyatt Corp., 98 F.R.D. 305, 305-6 (D. Nev. 1983); Arrambide 18 v. St. Mary’s Hosp., Inc., 647 F.Supp. 1148, 1149 (D. Nev. 1986)). 19 /// 20 /// 21 /// 22 /// 23 /// 24 /// 25 /// 26 /// 27 /// 28 /// -2- Case 2:17-cv-01497-RFB-PAL Document 9 Filed 06/20/17 Page 3 of 4 1 Here HSBC BANK is not a Nevada citizen, but rather a national banking association 2 organized under the laws of the United States, with its main office located in New York. 3 Accordingly, SFR demands that the Bank post a $500 cost bond within thirty (30) days and that 4 the proceedings be stayed until such cost bond is posted. Should the Bank fail to comply with the 5 requirements of NRS 18.130 within thirty (30) days, SFR requests this action be dismissed. 6 7 DATED this 20th day of June, 2017. 8 KIM GILBERT EBRON 9 By: /s/ Diana Cline Ebron 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 7625 Dean Martin Drive, Suite 110 Las Vegas, Nevada 89139-5974 Telephone: (702) 485-3300 Facsimile: (702) 485-3301 Attorney for Defendant, SFR Investments Pool 1, LLC 10 12 (702) 485-3300 FAX (702) 485-3301 KIMGILBERT EBRON 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 11 13 14 15 16 17 18 19 20 21 22 23 Having reviewed and considered the matter, and defendant having advised the court that it has no objection (see ECF No. 15), IT IS SO ORDERED. Dated this 31st day of October, 2017. 24 ______________________________ Peggy A. Leen United States Magistrate Judge 25 26 27 28 -3- Case 2:17-cv-01497-RFB-PAL Document 9 Filed 06/20/17 Page 4 of 4 1 2 CERTIFICATE OF SERVICE I hereby certify that on the 20th day of June, 2017, pursuant to FRCP 5(b)(2)(E), I 3 caused service of a true and correct copy of the foregoing SFR INVESTMENTS POOL 1, 4 LLC’S DEMAND FOR SECURITY OF COSTS PURSUANT TO NRS 18.130(1) to be 5 made electronically via the U.S. District Court's Case Management/Electronic Case Files 6 (CM/ECF) system upon the following parties at the e-mail addresses listed below: 7 Kelly H. Dove, Esq. Michael Paretti, Esq. Snell & Wilmer LLP 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, Nevada 89169-0965 E-Mail: kdove@swlaw.com mparetti@swlaw.com Attorney for Plaintiff, HSBC Bank USA, National Association as Trustee for Nomura Asset Acceptance Corporation, Mortgage Pass-Through Certificates, Series 2006-AR3 aka HSBC Bank USA, National Association as Trustee for NAAC 2006-AR3 8 9 10 12 (702) 485-3300 FAX (702) 485-3301 KIMGILBERT EBRON 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 11 13 /s/ Michael L. Sturm MICHAEL L. STURM, an employee of KIM GILBERT EBRON 14 15 I hereby certify that on the 20th day of June, 2017, pursuant to FRCP 5(b)(2)(C), I 16 caused service of a true and correct copy of the foregoing SFR INVESTMENTS POOL 1, 17 LLC’S DEMAND FOR SECURITY OF COSTS PURSUANT TO NRS 18.130(1) to be 18 made via U.S. Mail, postage prepaid, upon the following parties listed below: 19 20 21 22 23 24 25 26 Alessi & Koenig, LLC c/o Robert A. Koenig 9500 West Flamingo Road, Suite 101 Las Vegas, Nevada 89147-5720 Registered Agent for Defendant, Alessi & Koenig, LLC Southern Highlands Community Association c/o Olympia Management Services, LLC 11411 Southern Highlands Parkway, Suite 100 Las Vegas, Nevada 89141-3265 Registered Agent for Defendant, Southern Highlands Community Association 27 /s/ Sierra Stepp SIERRA STEPP, an employee of KIM GILBERT EBRON 28 -4-

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