Cyfred, Ltd. v. Waathdad

CourtSuperior Court of Guam
DecidedMay 4, 2026
DocketCV0396-23
StatusUnknown

This text of Cyfred, Ltd. v. Waathdad (Cyfred, Ltd. v. Waathdad) is published on Counsel Stack Legal Research, covering Superior Court of Guam primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cyfred, Ltd. v. Waathdad, (superctguam 2026).

Opinion

·suPER!OR COURT

IN THE SUPERIOR COURT OF GUAM

CYFRED, LTD.,

Plaintiff,

vs. DECISION AND ORDER DENYING PLAINTIFF'S MOTION FOR PARTIAL SUMMARY JUDGMENT DAVID W AATHDAD et al.,

Defendants.

This matter came before the Honorable Dana A. Gutierrez upon the Motion for Partial

Summary Judgment ("Motion") by Plaintiff Cyfred, Ltd. ("Plaintiff'). Present at the hearing was

Attorney Curtis Van De Veld on behalf of Plaintiff. Attorney Wayson Wong ("Attorney Wolig") 1

on behalf of Defendants did not appear. Upon reviewing counsel's arguments, the record, and

applicable law, the Court issues the following Decision and Order.

BACKGROUND

This action arises from prior litigation between Plaintiff and a group of homeowners

concerning certain real property located in the Gill Baza Subdivision in Guam. In earlier

proceedings, the homeowners acquired second lots from Plaintiff, financing a portion of the

purchase price through promissory notes and mortgages in favor of Plaintiff. PL' s Mot. for Partial

Summ. J. at 2-3 (Jun. 23, 2025) ("Mot."). The notes required annual payments, and the mortgages

permitted Plaintiff to pursue non-judicial foreclosure upon default. Id.

In March 201 7, the homeowners ceased making their annual payments to Plaintiff,

asserting that Plaintiff owed them attorney's fees from other litigation and that such amounts could

1 The Court notes that Attorney Wong is himself a defendant in this lawsuit. DECISION AND ORDER DENYING MOTION FOR PARTIAL SUMMARY JUDGMENT CV0396-23; Cyfred, Ltd, v. David Waathdad, et al.

be offset against their obligations under the notes and mortgages. Id at 5. Following the

homeowners' nonpayment, Plaintiff initiated non-judicial foreclosure proceedings on certain of

the second lots. Id at 2-3.

On July 26, 2018, the homeowners filed Waathdad, et al., v. Cyfred, Ltd., Civil Case No.

CV0735-18 ("CV0735-18"), seeking, among other relief, to enjoin further non-judicial

foreclosures and to prevent Plaintiff from disposing of already foreclosed properties. Appearing

Defs.' Mem. in Opp'n to Pl.'s Mot. for Partial Summ. J. at 3--4 (Jul. 22, 2025) ("Opp'n"). On

September 5, 2018, Judge Elyze J. Iriarte granted a preliminary injunction prohibiting Plaintiff

from conducting additional foreclosures and from transferring certain properties. Mot. at 2; Opp'n

at 19. The preliminary injunction remained in effect until March 28, 2019, when Judge Iriarte

dissolved it. Mot. at 2.

During the course of CV0735-18, Judge Iriarte granted partial summary judgment in favor

of Plaintiff on the homeowners' setoff claims, determining that the asserted claims for attorney's

fees were unliquidated, contingent, and non-mutual. See David Waathdad, et al., v. Cyfred, Ltd.,

Civil Case No. CV0735-18 (Decision and Order re Def.'s Mot. for Partial Summ. J. at 11 (Mar. 8,

2019)). 2 Following that ruling, Plaintiff prevailed in CV0735-18, and subsequent appellate

proceedings were resolved in its favor. Mot. at 9-11. The plaintiffs in CV0735-18 have moved to

set aside the judgment in that case twice, and Judge Iriarte has denied the plaintiffs' efforts both

times to set aside the judgment. See David Waathdad, et al., v. Cyfred, Ltd, Civil Case No.

2 This Court may take judicial notice of a fact that is "capable of accurate and ready determination by resort to sources whose accuracy cannot be reasonably questioned." Guam R. Evid. 20l(b)(2). Court records are judicially noticeable facts. See DFS Guam L.P. v. A.B. Won Pat Int'/ Airport Auth., Guam, 2020 Guam 20 ,r 13 n.3 ("Generally, the court may take judicial notice of court records."). Accordingly, the Court takes judicial notice of the relevant filings in CV0735-18.

2 DECISION AND ORDER DENYING MOTION FOR PARTIAL SUMMARY JUDGMENT CV0396-23; Cyfred, Ltd, v. David Waathdad, et al.

CV0735-18 (Decision and Order re Second Mot. for Relief for Fraud upon this Court or for

Equitable Relief at 1 (Dec. 23, 2025)). Judge Iriarte's rulings on the two motions are currently on

appeal at the Supreme Court of Guam. See Additional Defs.' And Def. Wayson W. S. Wong's

Notice oflntervening Facts at 2 (Jan. 26, 2026). 3

The present case, Civil Case No. CV0396-23, was filed by Plaintiff on June 6, 2023,

asserting claims for malicious prosecution against the defendants arising out of the filing and

prosecution of CV0735-18 and the subsequent appeals to the Supreme Court of Guam. See Mot.

at 9 (CV0735-18 and the appeals ofCV0735-18 to the Supreme Court of Guam "are collectively ...

referred to as 'Malicious Suits."'). On June 23, 2025, Plaintiff filed a Motion for Partial Summary

Judgment seeking judgment on liability for its claims. Mot. at 1. Defendants filed an opposition

on July 21, 2025. Opp'n at 1. Plaintiff thereafter filed a reply on August 4, 2025. Reply to Defs.'

Opp'n to Cyfred, Ltd. Mot. for Partial Summ. J. at 1 (Aug. 4, 2025) ("Reply").

DISCUSSION

I. Legal Standard for Summary Judgment

Under Guam Rules of Civil Procedure ("GRCP") Rule 56(a), a court shall grant summary

judgment if the movant shows that "there is no genuine dispute as to any material fact and the

movant is entitled to judgment as a matter of law." Guam R. Civ. P. 56(a). "A 'material' fact is

one that is relevant to an element of a claim or defense and whose existence might affect the

outcome of the suit." Iizuka Corp. v. Kawasho Int'[ (Guam), Inc., 1997 Guam 10 ~ 7 (citing T W

3 The Court further notes that following Judge Iriarte's grant of the partial summary judgment, the plaintiffs in CV0735-18 have filed a Motion for New Trial, or in the Alternative, for Reconsideration and a Motion for Stay, which is to stay the CV0735-18 defendant's motion for entry of judgment. Judge Iriarte has also denied these motions. See David Waathdad, et al., v. Cyfred, Ltd., Civil Case No. CV0735-18 (Decision and Order re Mot. for a New Trial, or in the Alternative, for Reconsideration at 1 (Jun. 20, 2019)); see id. (Decision and Order re Mot. for Stay at 2 (Oct. 2, 2019)).

3 DECISION AND ORDER DENYING MOTION FOR PARTIAL SUMMARY JUDGMENT CV0396-23; Cyfred, Ltd., v. David Waathdad, et al.

Elec. Serv., Inc. v. Pacific Elec. Contractors Ass'n, 809 F.2d 626,630 (9th Cir.1987)). "A genuine

issue exists if there is sufficient evidence establishing a factual dispute that requires resolution by

a fact-finder." Wilkinson v. Jones, 2004 Guam 14 ~ 7 (citation omitted). "In rendering a decision

on a motion for summary judgment, the court must draw inferences and view the evidence in a

light most favorable to the non-moving party." Quijano v. Atkins-Kroll, Inc., 2008 Guam 14 ~ 6

(citation omitted).

The moving party bears the initial burden of demonstrating the absence of a genuine issue

of material fact. Hawaiian Rock Prods. Corp. v. Ocean Haus., Inc., 2016 Guam 4 ~ 27 ("A movant

bears the initial burden to show that undisputed facts in the record support a prima facie entitlement

to the relief requested."). If the movant satisfies this burden, the burden shifts to the nonmoving

party to present specific facts showing that a genuine issue remains for trial. Waathdad v. Cyfred,

Ltd, 2021 Guam 24 ~ 15 n.9 ("If the movant satisfies this burden, the burden then shifts to the

defendant to show that there exists a material question of fact that would preclude the grant of

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Fleishman v. Superior Court
125 Cal. Rptr. 2d 383 (California Court of Appeal, 2002)
Plumley v. Mockett
164 Cal. App. 4th 1031 (California Court of Appeal, 2008)
SYCAMORE RIDGE APARTMENTS LLC v. Naumann
69 Cal. Rptr. 3d 561 (California Court of Appeal, 2007)
Downey Venture v. LMI Ins. Co.
78 Cal. Rptr. 2d 142 (California Court of Appeal, 1998)
Ray v. First Federal Bank
61 Cal. App. 4th 315 (California Court of Appeal, 1998)
Daniels v. Robbins
182 Cal. App. 4th 204 (California Court of Appeal, 2010)
Paiva v. Nichols
168 Cal. App. 4th 1007 (California Court of Appeal, 2008)
Padres L.P. v. Henderson
8 Cal. Rptr. 3d 584 (California Court of Appeal, 2004)
Roberts v. SENTRY LIFE INSURANCE
90 Cal. Rptr. 2d 408 (California Court of Appeal, 1999)
Zamos v. Stroud
87 P.3d 802 (California Supreme Court, 2004)
Casa Herrera, Inc. v. Beydoun
83 P.3d 497 (California Supreme Court, 2004)
Griswold v. Griswold
77 P. 672 (California Supreme Court, 1904)
Franzen v. Shenk
221 P. 932 (California Supreme Court, 1923)
Jsj Limited Partnership v. Mehrban
205 Cal. App. 4th 1512 (California Court of Appeal, 2012)
Dean Technology, Inc. v. CE Power Solutions, LLC
96 F. Supp. 3d 736 (S.D. Ohio, 2015)
Omar v. Sea-Land Service, Inc.
813 F.2d 986 (Ninth Circuit, 1987)

Cite This Page — Counsel Stack

Bluebook (online)
Cyfred, Ltd. v. Waathdad, Counsel Stack Legal Research, https://law.counselstack.com/opinion/cyfred-ltd-v-waathdad-superctguam-2026.