Selene Finance, L.P. v. SFR Investments Pool 1, LLC, 2:16-cv-02521-KJD-NJK. (2019)
Court: District Court, D. Nevada
Number: infdco20191011q40
Visitors: 5
Filed: Oct. 04, 2019
Latest Update: Oct. 04, 2019
Summary: ORDER TO RELEASE BOND KENT J. DAWSON , District Judge . SFR Investments Pool 1, LLC demanded plaintiffs Selene Finance, L.P. ( Selene ) post a cost bond pursuant to NRS 18.130(1). (ECF No. 9.) The court entered an order directing a $500.00 cash deposit. (ECF No. 12.) The cash deposit was subsequently made by Akerman LLP on behalf of Selene. (ECF No. 13.) The purpose of the cost bond is to provide "security for the costs and charges which may be awarded against [the] plaintiff . . ." NRS 18.
Summary: ORDER TO RELEASE BOND KENT J. DAWSON , District Judge . SFR Investments Pool 1, LLC demanded plaintiffs Selene Finance, L.P. ( Selene ) post a cost bond pursuant to NRS 18.130(1). (ECF No. 9.) The court entered an order directing a $500.00 cash deposit. (ECF No. 12.) The cash deposit was subsequently made by Akerman LLP on behalf of Selene. (ECF No. 13.) The purpose of the cost bond is to provide "security for the costs and charges which may be awarded against [the] plaintiff . . ." NRS 18.1..
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ORDER TO RELEASE BOND
KENT J. DAWSON, District Judge.
SFR Investments Pool 1, LLC demanded plaintiffs Selene Finance, L.P. (Selene) post a cost bond pursuant to NRS 18.130(1). (ECF No. 9.) The court entered an order directing a $500.00 cash deposit. (ECF No. 12.) The cash deposit was subsequently made by Akerman LLP on behalf of Selene. (ECF No. 13.) 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 Parties reached a settlement agreement and stipulated to dismiss this matter. (ECF No. 64 and 66.) The court granted the stipulation for dismissal on September 2, 2019. (ECF No. 67.) Since no costs may be awarded against plaintiffs and this matter is now concluded, the court will refund the $500.00 deposit plus and applicable interest to Akerman LLP.
IT IS SO ORDERED.
Source: Leagle
