Federal Housing Finance Agency as Conservator of Fannie Mae and Freddie Mac v. Saticoy Bay LLC

District Court, D. Nevada·Decided May 30, 2024·No. 2:16-cv-02242·Unknown

Opinion

1 2 UNITED STATES DISTRICT COURT 3 DISTRICT OF NEVADA 4 * * * 5 Federal Housing Finance Agency; et al., Case No. 2:16-cv-02242-JAD-BNW 6 Plaintiffs, ORDER 7 v. 8 Saticoy Bay, LLC, 9 Defendant. 10 11 Plaintiffs are the Federal Housing Finance Agency (“FFHA”), Federal National Mortgage 12 Association, and Federal Home Loan Mortgage Corporation. ECF No. 1. Before the Court is their 13 motion to amend the complaint to add certain series LLCs as defendants. ECF Nos. 75, 76. 14 Defendant responded at ECF No. 102. Plaintiffs replied at ECF No. 103. The Court resolves the 15 matter on the briefings, as it finds that oral argument is not necessary. For the reasons discussed 16 below, the Court grants Plaintiffs’ motion. 17 I. BACKGROUND 18 This is one of the many cases before our courts in which the Plaintiffs seek to quiet title 19 and a declaration that the foreclosure sale by a homeowners’ association did not extinguish their 20 liens. See ECF No. 1 at 2. Plaintiffs filed their initial complaint in 2016 to confirm the validity of 21 deeds of trusts for over 30 properties against Defendant Saticoy Bay, LLC. See ECF No. 76 at 1. 22 Defendant is a master company comprised of smaller companies, called series LLCs, that operate 23 under its umbrella. Id. Each property at issue, apart from one, is owned by a series LLC. See ECF 24 No. 102 at 3. In their initial complaint, Plaintiffs only named Saticoy Bay, LLC as a defendant. 25 ECF No. 1. 26 Throughout this case, the parties have disputed whether Plaintiffs were required to name 27 the series LLCs as defendants. See, e.g., ECF No. 66. In granting Plaintiffs’ summary judgment 1 individually sue the series LLCs. See id. (citing Nev. Rev. Stat. § 86.296(2)). Defendant appealed 2 the decision to the Ninth Circuit, and it certified the question to the Nevada Supreme Court. ECF 3 Nos. 67, 68. The Nevada Supreme Court held that “a series LLC created pursuant to NRS 86.296 4 must be sued in its own name . . . provided the series LLC has observed the corporate formalities 5 provided for in NRS 86.296(3).” Fed. Hous. Fin. Agency v. Saticoy Bay LLC, 139 Nev. Adv. Op. 6 15, 531 P.3d 1232, 1233 (2023). Consequently, the Ninth Circuit remanded the case to this Court 7 for further findings. See ECF No. 71. The Court held a status conference to discuss the Ninth 8 Circuit and Nevada Supreme Court rulings, and instructed Plaintiffs to move to amend their 9 complaint to add the relevant series LLCs as defendants. ECF No. 74. 10 Plaintiffs contend that the Court should grant leave to amend because their claims are not 11 futile, substantially prejudicial, or unduly delayed (and that, in any event, they have demonstrated 12 good cause and excusable neglect). ECF No. 76 at 6–18; ECF No. 103 at 2–3. Defendant disputes 13 each of Plaintiffs’ arguments. ECF No. 102 at 8–11. The Court first addresses whether Plaintiffs 14 have established good cause and excusable neglect before considering the parties’ arguments on 15 futility, prejudice, and undue delay. 16 II. DISCUSSION 17 A. Good Cause and Excusable Neglect 18 When a party moves to amend the pleadings after the expiration of the deadline 19 established in the scheduling order, courts review the request through a two-step process. First, 20 courts resolve the motion to amend the scheduling order, which is governed by the “good cause” 21 standard outlined in the Federal Rule of Civil Procedure 16(b). See, e.g., Johnson v. Mammoth 22 Recreations, Inc., 975 F.2d 604, 608 (9th Cir. 1992). “Rule 16(b)’s ‘good cause’ standard 23 primarily considers the diligence of the party seeking the amendment.” Id. at 609. Courts look to 24 whether the deadline set in the scheduling order “cannot reasonably be met despite the diligence 25 of the party seeking the amendment.” Id. The party seeking amendment bears the burden of 26 establishing diligence. See, e.g., Morgal v. Maricopa County Bd. Of Sup’rs, 284 F.R.D. 452, 460 27 (D. Ariz. 2012). 1 In addition to showing good cause, Plaintiffs must also establish that their failure to act 2 was the result of excusable neglect. See Branch Banking & Trust Co. v. DMSI, LLC, 871 F.3d 3 751, 764–65 (9th Cir. 2017); see also LR 26-3. Courts consider at least four factors in 4 determining whether neglect is excusable: (1) the danger of prejudice to the opposing party; (2) 5 the length of the delay and its potential impact on the proceedings; (3) the reason for the delay; 6 and (4) whether the movant acted in good faith. Branch Banking, 871 F.3d at 765. The 7 determination of whether neglect is excusable is ultimately an equitable one, taking account of all 8 relevant circumstances surrounding the party’s omission. See Pioneer Inv. Servs. Co. v. 9 Brunswick Assoc. Ltd. P’ship, 507 U.S. 380, 395 (1993). This equitable determination is left to 10 the discretion of the district court. See Pincay v. Andrews, 389 F.3d 853, 860 (9th Cir. 2004). 11 Plaintiffs moved to amend on November 17, 2023. ECF No. 75. Though the scheduling 12 order set the deadline to amend the pleadings and add parties for September 24, 2019, Defendant 13 filed an appeal after that deadline. See ECF No. 23 (Scheduling Order); ECF No. 62 (filing the 14 Notice of Appeal on December 17, 2020). The Ninth Circuit’s mandate was filed on August 22, 15 2023, and the district judge held a status conference regarding the judgment less than two months 16 later. See ECF No. 71 (Ninth Circuit Mandate); ECF No. 74 (Minutes of Proceedings regarding 17 Status Conference). At the conference, the district judge directed Plaintiffs to move to amend 18 within 30 days. ECF No. 74. 19 Plaintiffs argue that good cause exists because they could not have complied with the 20 original September 2019 deadline given that the Nevada Supreme Court opinion and subsequent 21 Ninth Circuit mandate were not filed until 2023. ECF No. 76 at 7. They further argue that they 22 were diligent in seeking amendment by following this Court’s instructions to move to amend by 23 November 17, 2023. Id. Defendant contends that Plaintiffs have not shown good cause because 24 Defendant advised them to add the series LLCs before the amendment deadline passed. ECF No. 25 102 at 4. Defendant also contends that Plaintiffs have not shown excusable neglect under the four 26 factors. See id. at 9–10. Plaintiffs reply that they have shown excusable neglect, even though the 27 standard does not apply here. ECF No. 103 at 2. 1 As discussed above, both the good cause and excusable neglect standards must be met. 2 First, the Court finds good cause because Plaintiffs have been diligent in seeking amendment. 3 Until the Nevada Supreme Court ruled on the question, it was unclear whether Plaintiffs needed 4 to sue each series LLC in its individual capacity. After the Nevada Supreme Court and Ninth 5 Circuit rulings were entered, Plaintiffs complied with the district judge’s instructions to move to 6 amend within 30 days. In sum, the Court finds good cause for the delay because Plaintiffs could 7 not have met the 2019 deadline, no matter how diligently they may have acted, given that the 8 appellate court rulings came out years later. See Johnson v.

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