Filed: Dec. 18, 2019
Latest Update: Dec. 18, 2019
Summary: STIPULATION FOR PARTIAL LIFT OF STAY AND ORDER KIMBERLY J. MUELLER , District Judge . The United States and claimant Li J. Lin, through their respective counsel, hereby stipulate and request the Court to lift the stay for the limited purpose of filing settlement documents for real property located at 4871 Watseka Way, Sacramento, California, Sacramento County, APN: 225-1790-028-0000 ("defendant Watseka Way"). The parties anticipate that, if granted, the settlement documents would close the
Summary: STIPULATION FOR PARTIAL LIFT OF STAY AND ORDER KIMBERLY J. MUELLER , District Judge . The United States and claimant Li J. Lin, through their respective counsel, hereby stipulate and request the Court to lift the stay for the limited purpose of filing settlement documents for real property located at 4871 Watseka Way, Sacramento, California, Sacramento County, APN: 225-1790-028-0000 ("defendant Watseka Way"). The parties anticipate that, if granted, the settlement documents would close the c..
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STIPULATION FOR PARTIAL LIFT OF STAY AND ORDER
KIMBERLY J. MUELLER, District Judge.
The United States and claimant Li J. Lin, through their respective counsel, hereby stipulate and request the Court to lift the stay for the limited purpose of filing settlement documents for real property located at 4871 Watseka Way, Sacramento, California, Sacramento County, APN: 225-1790-028-0000 ("defendant Watseka Way"). The parties anticipate that, if granted, the settlement documents would close the case against defendant Watseka Way. Thus, the stay would no longer be necessary for this property.1
Northern California Mortgage Fund XI, LLC, filed a claim asserting a lienholder interest in defendant Watseka Way. Claimant Li J. Lin filed a Claim and Answer to the Complaint regarding defendant Watseka Way. No other party has filed a claim asserting an interest in defendant Watseka Way.
On July 30, 2018, escrow closed for defendant Watseka Way. Northern California Mortgage Fund XI, LLC was paid in full through escrow. Northern California Mortgage Fund XI, LLC withdrew their claim on September 24, 2019.
The United States and claimant Li J. Lin have reached a settlement regarding the net proceeds from the sale of the Watseka Way property.
Dated: 12/13/2019 McGREGOR W. SCOTT
United States Attorney
By: /s/ Kevin C. Khasigian
KEVIN C. KHASIGIAN
Assistant U.S. Attorney
Dated: 12/13/19 /s/ Linda M. Parisi
LINDA M. PARISI
Attorney for claimant Li J. Lin
(Authorized by phone)
ORDER
For the reasons set forth above, the stay is lifted regarding the real property located at 4871 Watseka Way, Sacramento, California, Sacramento County, APN: 225-1790-028-0000.
IT IS SO ORDERED.
