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Bank of America, N.A. v. SFR Investments Pool 1, LLC, 2:15-cv-01771-APG-NJK. (2019)

Court: District Court, D. Nevada Number: infdco20191216b14 Visitors: 15
Filed: Dec. 13, 2019
Latest Update: Dec. 13, 2019
Summary: ORDER TO RELEASE BOND ANDREW P. GORDON , District Judge . SFR Investments Pool 1, LLC demanded Bank of America, N.A. post a cost bond pursuant to NRS 18.130(1). (ECF No. 11.) A $500 cash deposit was subsequently made by Akerman LLP on behalf of Bank of America. (ECF No. 17.) The purpose of the cost bond is to provide "security for the costs and charges which may be awarded against [the] plaintiff. . ." NRS 18.130(1). The court granted judgment in favor of Bank of America. (ECF Nos. 80 and 8
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ORDER TO RELEASE BOND

SFR Investments Pool 1, LLC demanded Bank of America, N.A. post a cost bond pursuant to NRS 18.130(1). (ECF No. 11.) A $500 cash deposit was subsequently made by Akerman LLP on behalf of Bank of America. (ECF No. 17.) The purpose of the cost bond is to provide "security for the costs and charges which may be awarded against [the] plaintiff. . ." NRS 18.130(1). The court granted judgment in favor of Bank of America. (ECF Nos. 80 and 81.) Since no costs may be awarded against Bank of America and this matter is now concluded, the court will refund the $500.00 deposit plus interest to Akerman LLP.

IT IS SO ORDERED.

Source:  Leagle

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