Deutsche Bank National Trust Company v. SFR Investments Pool 1, LLC et al
Filing
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ORDER Granting SFR Investments Pool 1, LLC's 11 Motion for Demand for Security of Costs.The Clerk of Court is directed to accept the deposit of $500 as security for costs and charges that may be awarded against Plaintiff. This case is stayed by operation of NRS 18.130(1) until the $500 cost bond is deposited. Signed by Magistrate Judge George Foley, Jr on 4/11/2018. (Copies have been distributed pursuant to the NEF - SLD)
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UNITED STATES DISTRICT COURT
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DISTRICT OF NEVADA
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***
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DEUTSCHE BANK NATIONAL TRUST
COMPANY
Case No. 2:18-cv-00194-GMN-GWF
Plaintiff,
ORDER
v.
SFR INVESTMENTS POOL 1, LLC et al.,
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Defendants.
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This matter is before the Court on Defendant, SFR INVESTMENTS POOL 1, LLC,
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Demand for Security of Costs Pursuant to NRS 18.130(1) (ECF No. 11), filed on April 10, 2018.
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Defendant SFR INVESTMENTS POOL 1, LLC has demanded that Plaintiff DEUTSCHE
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BANK NATIONAL TRUST COMPANY, an out-of-state resident, post a cost bond under NRS
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18.130(1). That statute allows a defendant in an action brought by an out-of-state plaintiff to
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demand that the plaintiff post a bond to secure costs up to $500. Nev. Rev. Stat. § 18.130(1).
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Once the demand is filed and served, “all proceedings in the action shall be stayed” until the cost
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bond is deposited. Id. If the plaintiff fails to post the cost bond within 30 days of the demand, the
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defendant may move for dismissal. Nev. Rev. Stat. § 18.130(4).
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In this district, a demand is tracked as a motion in the court’s system because a court order
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is required for the Clerk of Court to permit the posting of a cost bond. Accordingly, and for good
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cause shown,
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IT IS HEREBY ORDERED that SFR INVESTMENTS POOL 1, LLC, Demand for
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Security of Costs Pursuant to NRS 18.130(1) (ECF No. 11) is granted.
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IT IS FURTHER ORDERED that in the event that the cost bond is presented for deposit,
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the Clerk of Court is directed to accept the deposit of $500 under NRS 18.130 as security for costs
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and charges that may be awarded against Plaintiff.
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IT IS FURTHER ORDERED that 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 cost bond is deposited.
DATED this 11th day of April, 2018.
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______________________________________
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GEORGE FOLEY, JR.
United States Magistrate Judge
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