Filed: Sep. 08, 2015
Latest Update: Sep. 08, 2015
Summary: ORDER PHILIP A. BRIMMER , District Judge . This matter is before the Court on the Motion for Entry of Final Judgment Under Rule 54(b) [Docket No. 120] filed by defendants Mortgage Electronic Registration Systems, Inc. ("MERS"), U.S. Bank, N.A. ("US Bank"), and Wells Fargo Home Mortgage, Inc. ("Wells Fargo") (collectively, the "moving defendants"). The Court has jurisdiction over this action pursuant to 28 U.S.C. 1331. By orders dated March 7, 2013 and August 26, 2014, the Court has dismi
Summary: ORDER PHILIP A. BRIMMER , District Judge . This matter is before the Court on the Motion for Entry of Final Judgment Under Rule 54(b) [Docket No. 120] filed by defendants Mortgage Electronic Registration Systems, Inc. ("MERS"), U.S. Bank, N.A. ("US Bank"), and Wells Fargo Home Mortgage, Inc. ("Wells Fargo") (collectively, the "moving defendants"). The Court has jurisdiction over this action pursuant to 28 U.S.C. 1331. By orders dated March 7, 2013 and August 26, 2014, the Court has dismis..
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ORDER
PHILIP A. BRIMMER, District Judge.
This matter is before the Court on the Motion for Entry of Final Judgment Under Rule 54(b) [Docket No. 120] filed by defendants Mortgage Electronic Registration Systems, Inc. ("MERS"), U.S. Bank, N.A. ("US Bank"), and Wells Fargo Home Mortgage, Inc. ("Wells Fargo") (collectively, the "moving defendants"). The Court has jurisdiction over this action pursuant to 28 U.S.C. § 1331.
By orders dated March 7, 2013 and August 26, 2014, the Court has dismissed all claims against the moving defendants. See Docket Nos. 48, 117.1 On January 6, 2012, however, defendant BNC Mortgage Inc. ("BNC") filed a notice of stay of proceedings, stating that it declared bankruptcy on January 9, 2009. Docket No. 16. Those proceedings remain pending. See Case No. 09-10137-SCC (Bankr. S.D.N.Y. Jan. 9, 2009).2 The moving defendants seek final judgment pursuant to Fed. R. Civ. P. 54(b) on the grounds that all claims against them have been dismissed, there is no just reason for delay, and it is uncertain when the bankruptcy stay will be lifted. See Docket No. 120 at 2-3, ¶ 4. Although the moving defendants indicate that this motion is opposed, see id at 1, ¶ 1, plaintiffs have filed no response.
Rule 54(b) permits the Court to "direct entry of a final judgment as to one or more, but fewer than all, claims or parties only if the court expressly determines that there is no just reason for delay." Fed. R. Civ. P. 54(b). In determining whether to enter judgment pursuant to Rule 54(b), the Court is to "weigh[] Rule 54(b)'s policy of preventing piecemeal appeals against the inequities that could result from delaying an appeal." Stockman's Water Co., LLC v. Vaca Partners, L.P., 425 F.3d 1263, 1265 (10th Cir. 2005). In addressing that question, the Court must "clearly articulate" the reasons supporting any determination that entry of judgment pursuant to Rule 54(b) is warranted. See id. (quoting Old Republic Ins. Co. v. Durango Air Serv., Inc., 283 F.3d 1222, 1225 n.5 (10th Cir. 2002)) (quotation marks omitted). This analysis must include "two express determinations," Okla. Turnpike Auth. v. Bruner, 259 F.3d 1236, 1242 (10th Cir. 2001): (1) that the judgment is final and (2) that there is no just reason for delay. See Stockman's Water, 425 F.3d at 1265 (citing Curtiss-Wright Corp. v. Gen. Elec. Co., 446 U.S. 1, 7-8 (1980)).
To be a final judgment for purposes of Rule 54(b), the claims resolved must be "distinct and separable from the claims left unresolved." Okla. Turnpike, 259 F.3d at 1243. Here, the moving defendants seek final judgment as to all claims against them on the grounds that the case is stayed indefinitely due to BNC's ongoing bankruptcy proceedings. The moving defendants do not, however, make any showing that the claims against them are "distinct and separable" from plaintiffs' claims against BNC. Id. All of plaintiffs' claims against BNC are also directed to at least one of the moving defendants, see generally Docket No. 1, and seek relief for the same conduct.3 See, e.g., id. at 29, ¶ 153 (alleging that defendants, collectively, conspired to grant plaintiffs a loan that defendants knew plaintiffs would not be able to repay). A judgment as to fewer than all defendants under Rule 54(b) is inappropriate where separate appeals would "require the court of appeals to revisit the same issues decided in the first appeal." Jordan v. Pugh, 425 F.3d 820, 827 (10th Cir. 2005). The Court finds that, because plaintiffs' allegations against BNC involve substantially similar legal and factual issues to plaintiffs' claims against the moving defendants, the dismissed claims are not separate and distinct from plaintiffs' unresolved claims against BNC.
Wherefore, it is
ORDERED that defendants Mortgage Electronic Registration Systems, Inc., U.S. Bank, N.A., and Wells Fargo Home Mortgage, Inc.'s Motion for Entry of Final Judgment Under Rule 54(b) [Docket No. 120] is DENIED.