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In re Day

United States Bankruptcy Court, D. New Mexico
Apr 30, 2008
No. 7-06-12329 ma, Adv. No. 07-1156 (Bankr. D.N.M. Apr. 30, 2008)

Opinion

No. 7-06-12329 ma, Adv. No. 07-1156.

April 30, 2008

THE BEHLES LAW FIRM, P.C. Jennie D. Behles Albuquerque, NM, Attorney for Defendant Dayton Rite Aid, LLC.

Michael J. Caplan Grants, NM, Attorney for Plaintiff, Trustee.

James W. Brewer KEMP SMITH, LLP El Paso, TX, Attorney for Security State Bank.

Nathan C. Sprague MOSES, DUNN, FARMER TUTHILL, P.C. Albuquerque, NM, Attorney for Defendant David Altounian.

Robert H. Jacobvitz JACOBVITZ, THUMA WALKER, P.C. Albuquerque, NM, Attorney for Debtor Sandra J. Day.

Daniel J. Behles Albuquerque, NM, Attorney for Defendant Regatta Capital, LTD.


CERTIFICATE OF INABILITY TO ELECTRONICALLY FILE DUE TO TECHNICAL PROBLEMS


I certify that I am temporarily unable to electronically file because: (SWCP), (April 30, 2008 @ 3:00pm) (date and time) (date)

My Internet service, was not working as of The Court's website or e-filing program was unavailable as of My personal computer is inoperable. The problem will be remedied by Other technical failure (explain) ____________________________________________________ ___________________________________________________________________________________________ I therefore submit this (Defendant Dayton Rite Aid, LLC'C Response Memorandum in Support to Defendants Regatta Capital, LTS's Motion for Summary Judgment and Defendant's Dayton Rite Aid, LLC'S Response to Defendant Regatta Capital, LTD'S Motion For Summary Judgment (with exhibits) as a paper filing concurrently with the filing of this certificate. UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW MEXICO In Re: SANDRA J. DAY, Debtor No. 7-06-12329 MA MICHAEL J. CAPLAN, Trustee, Plaintiff, v. Adv. No. 07-1156 M YONKS ASSOCIATES; REGATTA CAPITAL, LTD.; JAN T. NELSON AND ELAINE S. NELSON; WESTSTAR MORTGAGE CORPORATION; SECURITY STATE BANK AND TRUST; LAFARGE SOUTHWEST, INC.; DEPARTMENT OF THE TREASURY — INTERNAL REVENUE SERVICE; DAYTON RITE AID LLC, a California Limited Liability Company; CHARLES R. TRIMBLE AND LYNDA K. TRIMBLE; DAVID ALTOUNIAN; LC5 INVESTMENTS, LLC a New Mexico Limited Liability Company; AND CLAYTON C. ANDREWS; Defendant.

DEFENDANT DAYTON RITE AID, LLC'S RESPONSE MEMORANDUM IN SUPPORT TO DEFENDANT REGATTA CAPITAL, LTD.'S MOTION FOR SUMMARY JUDGMENT

COMES NOW, Defendant Dayton Rite Aid, LLC, ("Dayton"), by and through their attorneys, Jennie Deden Behles of the Behles Law Firm, P.C., pursuant to F.R.C.P. 56, and in Response to the Motion for Summary Judgment by Defendant Regatta Capital, Ltd., ("Regatta").

A. Summary Judgment Standard

Summary judgment is appropriate where there is "no genuine issue as to any material fact" and where "the moving party is entitled to a judgment as a matter of law." F.R.C.P. 56. The moving party is required to make a prima facie showing of entitlement to summary judgment. Once a prima facie showing is made, the burden shifts to the party opposing the motion to show that a genuine issue for trial exists. Id. The party opposing the motion may not rest on mere allegations, but must set forth specific facts showing there is a genuine issue for trial.

Summary Judgment serves as a means of avoiding trial where there is no genuine issue of material fact and the moving party is entitled to judgment as a matter of law. Bloom v. General Truck Drivers, Office, Food Warehouse Union, Local 952, 783 F.2d 1356, 1358 (9th Circuit 1986). To defeat such a motion, the non-movant must come forward with "specific facts showing that there is a genuine issue for trial" with respect to a material fact. Matsushita Elec. Inc. Co., Ltd v. Zenith Radio Corp., 475 U.S. 574, 587, 106 S. Ct. 1348, 1356 (1986). The non-movant cannot rest on allegations in its pleadings, but must set forth specific material facts via affidavit or otherwise to defeat the motion. Steckl v. Motorola, Inc., 703 F.2d 392, 393 (9th Cir. 1983).

INTEREST PASSED THROUGH THIS BANKRUPTCY ESTATE

As a matter of law, due to the divorce of the Days the property that was community property was transmitted to property owned by them as tenants of common with each owning an undivided one-half interest provides § 45-2-804 (B)(2) N.M.S.A., "servers the interests of the former spouses in property held by them at the time of the divorce or annulment as joint tenants with the right of survivorship, transforming the interests of the former spouses into tenancies in common. (Emphasis added)." This provision ensures that any property held by the parties as joint tenants is severed and their respective interests are transformed into tenancies in common. See also Swink v. Fingado, 115 N.M. 275, 850 P.2d 978 (N.M. 1993). Judgments are instruments, which cannot be divided and assigned in part. The effect of the attempted partial assignment is that Regatta, is the holder of the judgment lien for purposes of enforcing it and it is apparently release as is security. WHEREFORE, Dayton, moves this court for an order denying the motion for summary judgment of Regatta for such other and further relief the court deems just in the premises.

Respectfully submitted,


Summaries of

In re Day

United States Bankruptcy Court, D. New Mexico
Apr 30, 2008
No. 7-06-12329 ma, Adv. No. 07-1156 (Bankr. D.N.M. Apr. 30, 2008)
Case details for

In re Day

Case Details

Full title:In re SANDRA J. DAY Debtor(s)

Court:United States Bankruptcy Court, D. New Mexico

Date published: Apr 30, 2008

Citations

No. 7-06-12329 ma, Adv. No. 07-1156 (Bankr. D.N.M. Apr. 30, 2008)