Deutsche Bank National Trust Company v. Peppertree Homeowners Association et al

Filing 29

ORDER Denying as moot Defendant/Counter-Claimant Tow Properties, LLC V's 13 Motion to Stay Case and Denying Defendant Peppertree Homeowners Association's 8 Motion to Dismiss. Signed by Judge Kent J. Dawson on 10/19/2018. (Copies have been distributed pursuant to the NEF - SLD)

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1 2 3 4 UNITED STATES DISTRICT COURT 5 DISTRICT OF NEVADA 6 *** 7 8 DEUTSCHE BANK NATIONAL TRUST COMPANY, as TRUSTEE, ORDER Plaintiff, 9 v. 10 11 Case No. 2:18-cv-00619-KJD-NJK PEPPERTREE HOMEOWNERS ASSOCIATION, et al., 12 Defendants. 13 Presently before the Court is Defendant/Counter-claimant Tow Properties, LLC V’s 14 15 Motion to Stay Case (#13). Plaintiff filed a response in opposition (#18) to which Tow Properties 16 replied (#23). Also before the Court is Defendant Peppertree Homeowners Association’s Motion 17 to Dismiss (#8). Plaintiff filed a response in opposition (#10). 18 I. Motion to Stay The motion to stay is now moot because on August 2, 2018, the Supreme Court of 19 20 Nevada answered the certified question at issue. See SFR Invs. Pool 1, LLC v. Bank of New 21 York Mellon, 422 P.3d 1248 (Nev. 2018). Further, it has since issued two new opinions that bear 22 on the issues in this action. See Wells Fargo Bank, N.A. v. Tim Radecki, 2018 WL 4402403 23 (Nev. September 13, 2018); Bank of America, N.A. v. SFR Invs. Pool 1, LLC, 2018 WL 24 4403296 (Nev. September 13, 2018) (tender of the superpriority amount prior to foreclosure 25 results in buyer taking property subject to deed of trust). Accordingly, the motion to stay is 26 denied as moot. 27 /// 28 /// 1 2 II. Motion to Dismiss After Defendant Peppertree Homeowners Association (“Peppertree”) filed its motion to 3 dismiss on May 4, 2018, the Nevada Supreme Court issued at least three opinions that affect the 4 substance of Defendant’s argument for dismissal. Additionally, Plaintiff correctly asserts that 5 Defendant is a necessary party under Federal Rule of Civil Procedure 19(a). Accordingly, the 6 Court denies the motion to dismiss. 7 III. Conclusion 8 9 10 Accordingly, IT IS HEREBY ORDERED that Defendant/Counter-claimant Tow Properties, LLC V’s Motion to Stay Case (#13) is DENIED as moot; IT IS FURTHER ORDERED that Defendant Peppertree Homeowners Association’s 11 Motion to Dismiss (#8) is DENIED. 12 Dated this 18th day of October, 2018. 13 14 15 _____________________________ Kent J. Dawson United States District Judge 16 17 18 19 20 21 22 23 24 25 26 27 28 -2-

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