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Fed. Deposit Ins. Corp. v. Varrasso

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA, SACRAMENTO DIVISION
Feb 26, 2013
Case No. CIV.2:11-2628-WBS-CKD (E.D. Cal. Feb. 26, 2013)

Opinion

Case No. CIV.2:11-2628-WBS-CKD

02-26-2013

FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver for INDYMAC BANK, F.S.B., Plaintiff, v. RICHARD K. VARRASSO dba Richard Varrasso and Associates and AppraisalTrust.com, an individual; PREMIER VALLEY, INC. dba CENTURY 21 M&M ASSOCIATES, a California corporation; and KAREN BHATTI, an individual, Defendants, and PREMIER VALLEY, INC. dba CENTURY 21 M&M AND ASSOCIATES, Defendants and Third Party Plaintiffs v. SOPHIE REISIYANNEJAD aka SOPHIE NEJAD, WESTERN INVESTMENT NETWORK, INC., dba ERA THE PROPERTY PROFESSIONALS; ANWAR FRONTAN aka RAY FOROTAN aka ANWAR FOROTAN, individually and dba ALPINE MORTGAGE a business entity form unknown, ONE STOP REAL ESTATE, INC., a California corporation, EQUAL PARTNERS LENDING, INC, a California corporation, EMMANUEL KIM, KAY-CO INVESTMENTS, INC dba PRO30 FUNDING, MARISSA WEISBLY, JOSIE RICH, ALI AMIDY and SYLVIA MITRE, Third-Party Defendants. and SOPHIE REISIYANNEJAD AKA SOPHIE NEJAD Third-Party Defendant and Counter-Claimant v. KAREN BHATTI and PREMIER VALLEY, INC. dba CENTURY 21 M&M AND ASSOCIATES Defendants, Third Party Plaintiffs and Counter-Defendants

TRIEBSCH & FRAMPTON Cory B. Chartrand Michael G. Dini Attorneys for Third Party Plaintiffs KAREN BHATTI and PREMIER VALLEY, INC. dba CENTURY 21 M&M AND ASSOCIATES WEYAND LAW FIRM, A Professional Corporation Alexander M. Weyand Rebecca M. Hoberg Attorneys for Defendant SOPHIE REISIYANNEJAD aka SOPHIE NEJAD


STIPULATION AND [PROPOSED]

ORDER REGARDING

COUNTERCLAIMS OF THIRD PARTY

DEFENDANT SOPHIE REISIYANNEJAD

FOR INDEMNITY, CONTRIBUTION,

AND APPORTIONMENT OF FAULT


Honorable William B. Shubb

Trial: April 16, 2013

IT IS HEREBY STIPULATED and agreed by and between Defendants and Third Party Plaintiffs KAREN BHATTI and PREMIER VALLEY, INC. dba CENTURY 21 M&M AND ASSOCIATES ("Third Party Plaintiffs") and Third Party Defendant and Counter-Claimant SOPHIE REISIYANNEJAD aka SOPHIE NEJAD ("Third Party Defendant") (collectively, the "Parties") as follows:

Whereas, on or about January 14, 2013, Third Party Defendant SOPHIE REISIYANNEJAD filed counterclaims for indemnity, contribution, and apportionment of fault against Third Party Plaintiffs (Dkt #82);

Whereas, on or about February 5, 2013, Third Party Plaintiffs filed a motion to dismiss the counterclaims pursuant to F.R.C.P. 12(b)(6) (Dkt #90);

Whereas, the parties have met and conferred regarding the motion;

Now, therefore, the Parties stipulate and agree as follows:

1. Third Party Defendant agrees to dismiss, without prejudice, the first and second counterclaims against Third Party Plaintiffs for Indemnity and Contribution. Such dismissal does not preclude Third Party Defendant from re-filing counterclaims for indemnity or contribution against Third Party Plaintiffs should any other party to this action, either formally or informally, later assert claims against or seek relief from Third Party Defendant, or in the event Third Party Defendant settles with any such other party or satisfies all or any part of any judgment thereto (any such claims presently non-existent but denied if later asserted).

2. The third counterclaim for apportionment will not be dismissed.

3. The remaining counterclaim for apportionment is deemed denied and answered, with all affirmative defenses alleged by Third Party Plaintiffs in response to the underlying complaint in this action deemed preserved with respect to the counterclaim.

4. Nothing hereby affects Third Party Defendant's rights at trial relative to its comparative fault and related affirmative defenses.

5. The Parties agree that Third Party Defendant will have 30 days from the date this Stipulation and Order is approved by the Court to file an amended counterclaim or cross-claim.

6. The Parties hereby respectfully request that the Court take the March 11, 2013 hearing on Third Party Plaintiffs' aforesaid Motion to Dismiss off calendar.

IT IS SO STIPULATED.

TRIEBSCH & FRAMPTON

By: ___________________

Cory B. Chartrand

Michael G. Dini

Attorneys for Third Party Plaintiffs KAREN

BHATTI and PREMIER VALLEY, INC. dba

CENTURY 21 M&M AND ASSOCIATES

(As Authorized on February 22, 2013)

WEYAND LAW FIRM, A Professional Corporation

By: ___________________

Alexander M. Weyand

Rebecca M. Hoberg

Attorneys for Defendant SOPHIE

REISIYANNEJAD aka SOPHIE NEJAD

(As Authorized on February 22, 2013)

PURSUANT TO STIPULATION, IT IS SO ORDERED.

_______________________

WILLIAM B. SHUBB

UNITED STATES DISTRICT JUDGE


Summaries of

Fed. Deposit Ins. Corp. v. Varrasso

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA, SACRAMENTO DIVISION
Feb 26, 2013
Case No. CIV.2:11-2628-WBS-CKD (E.D. Cal. Feb. 26, 2013)
Case details for

Fed. Deposit Ins. Corp. v. Varrasso

Case Details

Full title:FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver for INDYMAC BANK…

Court:UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA, SACRAMENTO DIVISION

Date published: Feb 26, 2013

Citations

Case No. CIV.2:11-2628-WBS-CKD (E.D. Cal. Feb. 26, 2013)