Deutsch Bank National Trust Company v. Vegalo Holdings, LLC et al

Filing 11

ORDER. IT IS HEREBY ORDERED that 9 SFR's Demand for Security of Costs is GRANTED; the CLERK OF COURT is directed to accept the deposit of $500.00 from plaintiff under NRS 18.130 as security for costs and charges that may be awarded aga inst this plaintiff in the event that the cost bond is presented for deposit. Plaintiff must bring a copy of this order to the Clerk's office when making this deposit. IT IS FURTHER ORDERED that this case is stayed by operation of NRS 18.130(1) until the $500 is deposited. Signed by Judge Jennifer A. Dorsey on 10/25/17. (Copies have been distributed pursuant to the NEF - ADR)

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1 UNITED STATES DISTRICT COURT 2 DISTRICT OF NEVADA 3 4 Deutsche Bank National Trust Company, 5 2:17-cv-02423-JAD-CWH Plaintiff Order Directing Clerk of Court to Accept Security of Costs Under NRS 18.130 6 v. 7 Vegalo Holdings, LLC, et al., [ECF No. 9] 8 Defendants 9 10 SFR Investments Pool 1, LLC demanded that Plaintiff Deutsche Bank National Trust 11 12 Company, an out-of-state resident, post a cost bond under NRS 18.130(1).1 The statute allows a 13 defendant in an action brought by an out-of-state plaintiff to demand that the plaintiff post a bond 14 to secure costs up to $500.2 Once the demand is filed and served, “all proceedings in the action 15 shall be stayed” until the cost bond is deposited.3 If the bond is not posted within 30 days of the 16 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 17 18 posting of a cost bond, the demand is tracked as a motion in the court’s system. Accordingly, 19 with good cause appearing, IT IS HEREBY ORDERED that SFR’s Demand for Security of 20 Costs [ECF No. 9] is GRANTED; the CLERK OF COURT is directed to accept the deposit 21 of $500.00 from plaintiff under NRS 18.130 as security for costs and charges that may be 22 awarded against this plaintiff in the event that the cost bond is presented for deposit. Plaintiff 23 24 1 ECF No. 9. 2 Nev. Rev. Stat. § 18.130(1). 3 Id. 4 Nev. Rev. Stat. § 18.130(4). 25 26 27 28 1 must bring a copy of this order to the Clerk’s office when making this deposit. IT IS FURTHER 2 ORDERED that this case is stayed by operation of NRS 18.130(1) until the $500 is deposited. 3 DATED: October 25, 2017 4 ________________________________ _________________ _ __ __ _ _ Jennifer A. Dorsey er A. Dorsey o United States District Judge d St t Di t i t J d 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2

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