Summary
holding that contractual waiver precludes claim of exoneration of guaranty obligations
Summary of this case from FH Partners LLC v. LeanyOpinion
2:08-CV-01711-PMP-RJJ, BASE FILE 2:08-CV-01717-PMP-RJJ, 2:08-CV-01714-PMP-RJJ, 2:08-CV-01715-PMP-RJJ, 2:08-CV-01709-PMP-RJJ, 2:08-CV-01713-PMP-RJJ, 2:08-CV-01716-PMP-RJJ, 2:09-CV-01154-PMP-RJJ, 2:09-CV-01547-PMP-RJJ, 2:09-CV-01548-PMP-RJJ, 2:09-CV-01549-PMP-RJJ, 2:09-CV-01550-PMP-RJJ, 2:09-CV-01551-PMP-RJJ, 2:09-CV-01552-PMP-RJJ.
November 2, 2010
ORDER
Before the Court for consideration is the Motion of Focus South Group, LLC to Confirm Arbitration Award (Doc. #313). Also before the Court is the Motion of Defendant Home Builders to Vacate the Arbitration Award In Part (Doc. #323) and the Motion of Defendant Meritage Homes of Nevada, Inc. To Partially Vacate the Arbitration Award, or Alternatively, To Modify or Correct the Award (Doc. #327). Having read and considered the foregoing fully-briefed motions, and good cause appearing,
IT IS THEREFORE ORDERED that Petitioner Focus South Group LLC's Motion to Confirm the Arbitration Award (Doc. #313) is GRANTED and that the Clerk of Court shall forthwith enter judgment against Respondents KB Home Nevada, Inc., Coleman-Toll Limited Partnership, Pardee Homes of Nevada, Beazer Homes Holding Corporation, and Meritage Homes of Nevada, Inc. in the sum of $36,815,354.00, from this date until the judgment is satisfied at the rate set by 28 U.S.C. § 1961. To the extent Focus South Group seeks an award of prejudgment interest pursuant to the provisions of N.R.S. 17.130, said motion is DENIED. IT IS FURTHER ORDERED that Respondent Meritage Homes of Nevada, Inc. and Meritage Homes Corporation's Motion to Partially Vacate Award, or Alternatively Motion to Modify or Correct the Award (Doc. #327) is DENIED. IT IS FURTHER ORDERED that Respondent's Motion to Vacate the Arbitration Award In Part (Doc. #323) is DENIED.
DATED: November 2, 2010.