Hancock Whitney Bank v. MOF-Willows, LLC

CourtDistrict Court, E.D. Louisiana
DecidedAugust 13, 2025
Docket2:25-cv-01152
StatusUnknown

This text of Hancock Whitney Bank v. MOF-Willows, LLC (Hancock Whitney Bank v. MOF-Willows, LLC) is published on Counsel Stack Legal Research, covering District Court, E.D. Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hancock Whitney Bank v. MOF-Willows, LLC, (E.D. La. 2025).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF LOUISIANA HANCOCK WHITNEY BANK * CIVIL ACTION

VERSUS * NO. 25-1152

MOF-WILLOWS, LLC * SECTION “A” (2)

ORDER AND REASONS Pending before is Movant Sewerage and Water Board of New Orleans’ Motion for Leave to Intervene. ECF No. 16. Plaintiff Hancock Whitney Bank filed an Opposition Memorandum, and Movant filed a Reply Memorandum. No party requested oral argument in accordance with Local Rule 78.1, and the Court agrees that oral argument is unnecessary. Having considered the record, the submissions and arguments of counsel, and the applicable law, Movant Sewerage and Water Board of New Orleans’ Motion for Leave to Intervene is DENIED for the reasons stated herein. I. BACKGROUND Plaintiff Hancock Whitney Bank, as trustee for the owners of certain bonds pursuant to a Trust Indenture between it and The Finance Authority of New Orleans (“FANO”), filed suit against Defendant MOF-Willows, LLC. ECF No. 1. Plaintiff alleges that FANO issued the bonds to fund the acquisition, rehabilitation, and equipping of the Willow Apartments (the “Apartments”), and Defendant executed a loan agreement, a $13 million promissory note, a mortgage (recorded in Orleans Parish), and an assignment of leases and rents and securities agreement in favor of Plaintiff (collectively, the “Loan Documents”). Id. ¶¶ 4, 7, 10. Plaintiff alleges that Defendant defaulted on its obligations and seeks a judgment awarding it the outstanding loan amounts and recognizing, preserving and maintaining the mortgage’s validity and enforceability and, among others, its rights to foreclose the mortgage and to appoint a receiver for the Apartments. Id. at 13-16. The day after filing suit, Plaintiff filed an Unopposed Ex Parte Motion for Entry of Final Judgment based on Defendant’s confession of judgment. ECF No. 4. On June 11, 2025, the Court entered a final judgment in favor of Plaintiff and granted the relief requested, and the Clerk closed the case. ECF No. 7. Plaintiff then filed a Ex Parte Motion to Reopen the Case so that it may file

a Motion for Appointment of Receiver, which the Court granted on June 13, 2025, and subsequently appointed Rampart/Wurth Holdings, Inc. as receiver of the Apartments on Plaintiff’s motion. ECF Nos. 8, 9, 10, 13. II. PENDING MOTION On June 28, 2025, Movant Sewerage and Water Board of New Orleans (“SWBNO”) filed this Motion for Leave to Intervene seeking to assert a claim against Defendant for unpaid services but requesting a judgment against Plaintiff (not Defendant) for $465,695.42. See ECF Nos. 16, 16-2. SWBNO argues it is entitled to intervene as of right pursuant to Rule 24(a)(2) of the Federal Rules of Civil Procedure as its application is timely and, because it seeks to collect $465,694.42 in unpaid services, it has a direct, substantial, legally protectable interest in the proceedings. ECF No. 16-1 at 5-8.1 SWBNO further argues that Plaintiff’s foreclosure would extinguish its right to

pursue collection of the funds owed by Defendant, and neither Plaintiff nor Defendant has a reason to protect SWBNO’s interest. Id. at 8-9. Alternatively, SWBNO requests permissive intervention pursuant to Rule 24(b). Id. at 9-10. In Opposition, Plaintiff notes that, on April 16, 2025, SWBNO filed a suit on open account against Defendant in state court seeking to recover the outstanding debt. ECF No. 19 at 2; see ECF No. 19-1; see also ECF No. 16-2 ¶ 4. Plaintiff argues that SWBNO is not entitled to intervention as of right because the application is untimely, SWBNO has not made the requisite

1SWBNO also argues that the June 18, 2025, Order was not signed by Judge Zainey (ECF No. 16-1 at 6), but he did in fact sign the Order. ECF No. 13. strong showing for intervention after final judgment has been entered, and SWBNO has not described what form of relief it requests. ECF No. 19 at 3-5. Plaintiff asserts that SWBNO’s interest in collecting its outstanding debt has no relation to this case and can be litigated in state court. Id. at 5. Further, while SWBNO conclusorily asserts that it will suffer economic harm, it

has no privilege on the property, and any judgment that it may obtain against Defendant would rank inferior to Plaintiff’s mortgage. Id. at 5-6 & 6 n.5 (citing 2025 La. Sess. Law. Serv. Act 99 (West)).2 Moreover, Plaintiff, as trustee, has no liability for any debts of the Defendant or arising from the Apartments. Id. at 6. Plaintiff then argues SWBNO cannot establish inadequate representation of its interest by the existing parties because SWBNO has no interest in the case to protect. Id. at 6-7. Plaintiff also contends that permissive intervention is improper because there is no common question in law or fact between Plaintiff’s claim and SWBNO’s debt collection claim, and SWBNO has no interest in this case, meaning disposition of the case will not impair SWBNO’s ability to protect its interest. Id. at 7-9. In Reply, SWBNO asserts that it seeks to recover from Defendant based on unjust

enrichment and that its application to intervene is not untimely (despite entry of final judgment) because the case has been reopened, it has an interest in the case, and its interest is inadequately represented by the existing parties. ECF No. 20 at 2, 4-7. As to permissive intervention, SWBNO argues there is a common question of law or fact because both it and Plaintiff are creditors of Defendant, and both have a fiduciary duty to the public to protect the interest of the institutions they represent. Id. at 8. Separately, SWBNO requests that, if the Court does not grant the intervention, the Court stay the proceedings until LA. REV. STAT. § 33:4887 goes into effect. Id. at 2-3.

2 Act No. 99 of the 2025 Regular Session of the Louisiana Legislature enacts LA. REV. STAT. § 33:4887, which went into effect on August 1, 2025. 2025 La. Sess. Law. Serv. Act 99 (West). III. APPLICABLE LAW AND ANALYSIS A. Subject Matter Jurisdiction Federal courts are obliged to thoroughly examine their own jurisdiction, sua sponte if necessary.3

Here, the underlying case is premised solely on diversity jurisdiction.4 Although supplemental jurisdiction under 28 U.S.C. § 1367 often supports an intervention claim,5 § 1367(a) requires the claim to be so related to the original claims that they form part of the same case or controversy, “or in other words, that they ‘derive from a common nucleus of operative fact.’”6 Here, SWBNO’s claim and Plaintiff’s claim do not derive from a common nucleus of operative fact because Plaintiff’s claim arises from the various agreements Defendant executed in connection with the loan,7 and SWBNO has not demonstrated any connection between its unpaid services claim and the loan and mortgage agreements at issue in the underlying case.8 Moreover, supplemental jurisdiction does not apply when an intervening plaintiff is not diverse because that would be inconsistent with § 1332’s requirement for complete diversity.9 And while § 1367(b)’s jurisdictional limitation may not extend to intervening defendants,10 SWBNO’s

3 Villareal v. Smith, 201 F. App’x 192, 193 (5th Cir. 2006) (citing United States v. Hays, 515 U.S. 737 (1995); Marshalls v. Gibson’s Prods., Inc., 584 F.2d 667, 672 (5th Cir. 1978)); see also Burciaga v. Deutsche Bank Nat’l Tr. Co., 871, F.3d 380, 384 n.4 (5th Cir. 2017) (“[C]ourt[s] [are] duty-bound to examine [their] subject-matter jurisdiction sua sponte.” (citations omitted)) (alterations in original). 4 ECF No. 1 at 2-3, 13. Section 1332 requires there be complete diversity between all plaintiffs and all defendants and an amount in controversy that exceeds $75,000. Lincoln Prop.

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Hancock Whitney Bank v. MOF-Willows, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hancock-whitney-bank-v-mof-willows-llc-laed-2025.