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

Filing 18

ORDER Granting SFR Investments Pool 1, LLC's 16 Motion for Demand for Security of Costs. Plaintiff shall deposit $500.00 with the Clerk of Court within 30 days and that the proceedings be stayed until such cost bond is posted. Signed by Magistrate Judge Carl W. Hoffman on 8/10/2017. (Copies have been distributed pursuant to the NEF - SLD)

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Case 2:17-cv-01504-RFB-CWH Document 16 Filed 08/08/17 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 DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE FOR FIRST FRANKLIN MORTGAGE LOAN TRUST 2006-FF11, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-FF11, Case No.: 2:17-cv-01504-RFB-CWH SFR INVESTMENTS POOL 1, LLC’S DEMAND FOR SECURITY OF COSTS PURSUANT TO NRS 18.130(1) Plaintiff, 15 16 vs. 17 SFR INVESTMENTS POOL 1, LLC, a Nevada limited-liability company; LAMPLIGHT SQUARE @ CORONADO RANCH, LLC, a Nevada limited-liability company; LAMPLIGHT SQUARE @ CORONADO RANCH HOMEOWNERS’ ASSOCIATION, a Nevada non-profit corporation; and ALESSI & KOENIG, LLC, a Nevada limited-liability company, 18 19 20 21 22 23 24 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 DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE FOR FIRST 27 FRANKLIN MORTGAGE LOAN TRUST 2006-FF11, MORTGAGE PASS-THROUGH 28 CERTIFICATES, SERIES 2006-FF11 (“DEUTSCHE BANK” or “Bank”), an out-of-state -1- Case 2:17-cv-01504-RFB-CWH Document 16 Filed 08/08/17 Page 2 of 4 1 resident, post a cost bond pursuant to NRS 18.130(1). required by defendant, by the filing and service on plaintiff of a written demand therefor within 5 the time limited for answering the complaint.” NRS 18.130(1). When a defendant demands a 6 cost bond, “all proceedings in the action shall be stayed” until plaintiff files “an undertaking, 7 executed by two or more persons, to be filed with the clerk, to the effect that they will pay such 8 costs and charges as may be awarded against the plaintiff by judgment, or in the progress of the 9 action” or “in lieu of such undertaking, the plaintiff may deposit $500, lawful money, with the 10 clerk of the court.” Id. “After the lapse of 30 days from the service of notice that security is 11 required, or of an order for new or additional security, upon proof thereof, and that no 12 (702) 485-3300 FAX (702) 485-3301 Bank, “security for the costs and charges which may be awarded against such plaintiff may be 4 KIMGILBERT EBRON In Nevada, if a plaintiff resides outside of Nevada or is a foreign corporation, like the 3 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 2 undertaking as required has been filed, the court or judge may order the action to be dismissed.” 13 NRS 18.130(4). 14 “It is the policy of the United States District Court for the District of Nevada to enforce 15 the requirements of NRS 18.130 in diversity actions.” Feagins v. Trump Organization, 2012 WL 16 925027 (D. Nev.)(citing Hamar v. Hyatt Corp., 98 F.R.D. 305, 305-6 (D. Nev. 1983); Arrambide 17 v. St. Mary’s Hosp., Inc., 647 F.Supp. 1148, 1149 (D. Nev. 1986)). 18 /// 19 /// 20 /// 21 /// 22 /// 23 /// 24 /// 25 /// 26 /// 27 /// 28 /// -2- Case 2:17-cv-01504-RFB-CWH Document 16 Filed 08/08/17 Page 3 of 4 1 Here DEUTSCHE BANK is not a Nevada citizen, but rather a national banking 2 association organized under the laws of the United States, with its principal office located in 3 California. Accordingly, SFR demands that the Bank post a $500 cost bond within thirty (30) 4 days and that the proceedings be stayed until such cost bond is posted. Should the Bank fail to 5 comply with the requirements of NRS 18.130 within thirty (30) days, SFR requests this action be 6 dismissed. 7 8 DATED this 8th day of August, 2017. 9 KIM GILBERT EBRON 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 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 20 21 22 August 10, 2017 23 24 25 26 27 28 -3- Case 2:17-cv-01504-RFB-CWH Document 16 Filed 08/08/17 Page 4 of 4 1 2 CERTIFICATE OF SERVICE I hereby certify that on the 8th day of August, 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 Jeffrey L. Willis, Esq. Alexandria LaVonne Layton, Esq. Snell & Wilmer LLP 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, Nevada 89169-0965 E-Mail: jwillis@swlaw.com alayton@swlaw.com Attorney for Plaintiff, Deutsche Bank National Trust Company, as Trustee for First Franklin Mortgage Loan Trust 2006-FF11, Mortgage Pass-Through Certificates, Series 2006-FF11 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 14 15 16 Edward D. Boyack, Esq. Boyack Orme & Anthony 7432 West Sahara Avenue, Suite 101 Las Vegas, Nevada 89117-2769 E-Mail: ted@boyacklaw.com Attorney for Defendant, Lamplight Square @ Coronado Ranch Homeowners’ Association 17 /s/ Michael L. Sturm MICHAEL L. STURM, an employee of KIM GILBERT EBRON 18 19 20 21 22 23 24 25 26 27 28 -4-

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