PRB Supply LLC v. Pale Horse GRS L.L.P.

District Court, D. Nevada·Decided May 4, 2022·No. 2:20-cv-01360·Unknown

Opinion

3 PRB Supply LLC, Case No.: 2:20-cv-01360-JAD-VCF

4 Plaintiff Order Denying Motion for Writ of 5 v. Attachment and Motion to Seal

6 Pale Horse GRS LLP, et al., [ECF Nos. 54, 57]

7 Defendants

8 PRB Supply LLC brings this breach-of-contract action against Pale Horse GRS LLP and 9 its owners, Chris Clark and Aaron Spradlin. Earlier this year, I granted in part the defendants’ 10 motion to dismiss. Among the remaining claims is PRB’s breach-of-oral-guaranty claim against 11 Clark and Spradlin, which I found is not barred by the statute of frauds because PRB alleges that 12 Clark and Spradlin agreed to secure the contract through personal guaranties, and they thus had 13 an underlying pecuniary interest in the transaction. 14 Relying on Nevada Revised Statutes 31.010 and 31.013, PRB moves for an order to show 15 cause why a writ of attachment for approximately $1.5 million should not issue. Pale Horse 16 objects, contending that writs of attachment in Nevada are limited to unsecured agreements and 17 that because PRB alleges that the underlying contract is secured, a writ of attachment cannot 18 issue. Pale Horse further contends that PRB has taken contradictory positions in this case, 19 simultaneously claiming in its complaint that its agreement with Pale Horse is secured by its 20 owners’ personal guaranties, while arguing in its writ-of-attachment motion that it is unsecured. 21 PRB also moves to file several financial documents under seal, a request that Pale Horse doesn’t 22 oppose. 23 1 Although I haven’t yet resolved any of PRB’s claims, its allegations that Pale Horse’s 2 owners personally guaranteed the underlying transaction amount indicate that PRB believes the 3 agreement is secured. I allowed PRB’s breach-of-oral-contract claim against Pale Horse’s 4 owners to go forward based on those allegations. PRB cannot have it both ways: a single 5 agreement cannot be simultaneously secured and unsecured—the classifications are mutually

6 exclusive. Because Nevada law allows writs of attachment to issue only for unsecured 7 agreements, I deny PRB’s writ-of-attachment motion and decline to issue a show-cause order. 8 And because PRB hasn’t satisfied the good-cause standard, I deny its motion to seal exhibits. 9 Discussion

10 I. Legal standard

11 Federal Rule of Civil Procedure (FRCP) 64 affords federal litigants all pre-judgment 12 remedies that are available under the law of the forum for seizing property to secure satisfaction 13 of the potential judgment, except when a federal statute governs.1 “Attachment is a prejudgment 14 remedy that allows a creditor to have a lien on the debtor’s assets until the final adjudication of 15 the claim sued upon.”2 In Nevada, attachment is governed by Nevada Revised Statutes (NRS) 16 Chapter 31.3 NRS 31.013 enumerates the types of cases in which courts are authorized “after 17 notice and hearing” to direct the clerk of court to issue a writ of attachment.4 One such type is 18 “an action upon a judgment or upon a contract, express or implied, for the direct payment of 19 money” when the judgment or contract is either (a) not secured by real or personal property in 20

21 1 Fed. R. Civ. P. 64. 22 2 Sullivan v. Riviera Holdings Corp., 2015 WL 13678961, at *2 (D. Nev. May 4, 2015) (citations omitted). 23 3 See, e.g., Nev. Rev. Stat. § 31.010. 4 Id. § 31.013. 1 Nevada or (b) the value of the security given isn’t enough and loss of value isn’t the plaintiff’s 2 fault.5 Nevada law also permits attachment“[i]n any other case where the court finds that 3 extraordinary circumstances exist which will make it improbable for the plaintiff to reach the 4 property of the defendant by execution after the judgment has been entered.”6 5 Regardless of the type of action involved, the movant must include with its application or

6 motion for attachment an affidavit that meets the requirements of NRS 31.020. This includes 7 setting forth “clearly the nature of the plaintiff’s claim for relief” and “the amount which the 8 affiant believes the plaintiff is entitled to recover from the defendant,” and describing “in 9 reasonable and clear detail all the facts which show the existence of any one of the grounds for 10 attachment” and “the money or property sought to be attached and the location thereof if 11 known.”7 12 II. PRB cannot obtain a writ of attachment.

13 A. PRB alleges in its complaint that the underlying agreement is secured.

14 PRB alleges that it is entitled to recover $1,558,059.52 from Pale Horse in this action and 15 asserts—citing no caselaw—that those funds should be “held by this [c]ourt (or in a separate 16 interest-bearing account overseen by this [c]ourt) such that [] PRB would collect upon said funds 17 once judgment is entered in this case”8 because “[u]nless a writ of attachment or garnishment is 18 issued, [] Pale Horse may disburse these funds, including to Pale Horse’s principals.”9 Pale 19 20 5 Id. § 31.013(1). 21 6 Id. § 31.013(3). 22 7 Id. § 31.020. 8 ECF No. 54 at 9 (PRB’s motion). I find that these motions are suitable for disposition without 23 oral argument. L.R. 78-1. 9 Id. at 7. 1 Horse responds that PRB hasn’t met the requirements of NRS 30.013 because PRB’s complaint 2 takes the position that the underlying contract is secured and, alternatively, that PRB hasn’t 3 demonstrated that extraordinary circumstances exist warranting a writ of attachment.10 PRB 4 replies that Pale Horse filed nothing but “bald attorney argument” and maintains that “the subject 5 agreement is not secured,” rendering a writ of attachment appropriate.11 PRB characterizes Pale

6 Horse’s argument about the secured nature of the agreement as “highly disingenuous since 7 [d]efendants have sought dismissal of the claims premised on oral personal guaranty.”12 8 But PRB’s own complaint undermines its argument for a writ of attachment: it alleges 9 that its owners secured the agreement through personal guaranties.13 For example, PRB alleges 10 that it “sought additional security in the form of an escrow arrangement and personal guaranty 11 from Pale Horse’s principals.”14 And PRB itself repeatedly refers to the underlying promissory 12 notes as “secured”15 and even does so in the affidavit it attaches to its writ-of-attachment 13 motion.16 I allowed PRB’s claims to survive dismissal, in part, based on its allegations that Pale 14 Horse’s principals personally guaranteed the underlying debt and would repay the loan if Pale

15 Horse couldn’t.17 PRB cannot at once proceed on its breach-of-oral-guaranty claim against Pale 16

17 10 ECF No. 58 at 3 (Pale Horse’s opposition to PRB’s writ-of-attachment motion). 18 11 ECF No. 59 at 1, 3–4 (PRB’s reply brief). 12 Id. at 3. 19 13 See, e.g., ECF No. 27 at ¶¶ 11, 15, 19, 24, 29, 32–34 (first-amended complaint). 20 14 Id. at ¶ 11. 21 15 See, e.g., id. at 2, 5. 16 Compare ECF No. 55 (PRB member Jeffrey Andersen’s affidavit) at ¶ 5 (referring to “the 22 Secured Promissory Note” and “another Secured Promissory Note”) with ECF No. 55 at ¶ 15 (noting that “[t]he subject contract is not secured by any mortgage, lien, or pledge upon real or 23 personal property situated in the State of Nevada.” (citing Nev. Rev. Stat.

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PRB Supply LLC v. Pale Horse GRS L.L.P., (D. Nev. 2022).

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