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U.S. Bank, N.A. v. SFR Invs. Pool 1, LLC

UNITED STATES DISTRICT COURT DISTRICT OF NEVADA
Mar 15, 2017
Case No. 2:15-CV-1527 JCM (NJK) (D. Nev. Mar. 15, 2017)

Opinion

Case No. 2:15-CV-1527 JCM (NJK)

03-15-2017

U.S. BANK, N.A., Plaintiff(s), v. SFR INVESTMENTS POOL 1, LLC, Defendant(s).


ORDER

Presently before the court is a motion to stay filed by crossdefendant Mortgage Electronic Registration Systems, Inc. ("MERS") and defendant/crossclaimant SFR Investments Pool 1, LLC. ("SFR" and collectively with MERS, as "movants"). (ECF No. 47).

Movants argue that a stay is appropriate because Saticoy Bay LLC Series 350 Durango 104 v. Wells Fargo Home Mortgage, a division of Wells Fargo, N.A., 33 Nev. Adv. Op. 5, --- P.3d ----, 2017 WL 398426 (Nev. Jan. 26, 2017), and Bourne Valley Court Trust v. Wells Fargo Bank, N.A., 832 F.3d 1154 (9th Cir. 2016), create a split on the constitutionality issue between state and federal courts. (ECF No. 47).

However, "[i]t is well established that a state court's interpretation of its statutes is binding on the federal courts unless a state law is inconsistent with the federal Constitution." Hangarter v. Provident Life & Acc. Ins. Co., 373 F.3d 998, 1012 (9th Cir. 2004) (citing Adderley v. Florida, 385 U.S. 39, 46 (1966)) (emphasis added). Here, the state statute at issue is inconsistent with the due process clause of the federal Constitution.

Accordingly,

IT IS HEREBY ORDERED that movants' motion to stay (ECF No. 47) be, and the same hereby is, DENIED.

Scheduling will proceed as set forth in the scheduling order (ECF No. 43).

DATED March 15, 2017.

/s/ James C. Mahan

UNITED STATES DISTRICT JUDGE


Summaries of

U.S. Bank, N.A. v. SFR Invs. Pool 1, LLC

UNITED STATES DISTRICT COURT DISTRICT OF NEVADA
Mar 15, 2017
Case No. 2:15-CV-1527 JCM (NJK) (D. Nev. Mar. 15, 2017)
Case details for

U.S. Bank, N.A. v. SFR Invs. Pool 1, LLC

Case Details

Full title:U.S. BANK, N.A., Plaintiff(s), v. SFR INVESTMENTS POOL 1, LLC…

Court:UNITED STATES DISTRICT COURT DISTRICT OF NEVADA

Date published: Mar 15, 2017

Citations

Case No. 2:15-CV-1527 JCM (NJK) (D. Nev. Mar. 15, 2017)