Sw. Desert Equities, LLC v. Builder's Capital, Inc. C/W 65225 ( 2016 )


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  •                        IN THE SUPREME COURT OF THE STATE OF NEVADA
    JOHN A. RITTER,                                      No. 65225
    Appellant,
    vs.
    BUILDER'S CAPITAL, INC., A
    NEVADA CORPORATION,
    Respondent.
    SOUTHWEST DESERT EQUITIES,                           No. 66268
    LLC, A NEVADA CORPORATION,
    Appellant,
    vs.
    BUILDER'S CAPITAL, INC., A
    NEVADA CORPORATION,
    FILED
    Respondent.                                                 JAN I 4 2016
    _ TRACIE Kplart■IDEMAN
    BCYLEREgF       EmE COURT
    DEPUTY CLERK
    ORDER OF AFFIRMANCE
    These are consolidated appeals from a district court final
    judgment in a breach of guaranty action (Docket No. 65225) and a district
    court final judgment in a breach of contract action (Docket No. 66268).
    Eighth Judicial District Court, Clark County; Jessie Elizabeth Walsh and
    Mark R. Denton, Judges.
    Having considered the parties' arguments and the record, we
    conclude that the reassignments that respondent executed to the members
    of the Lender's Group were effective to achieve the purpose of NRCP 17(a).
    See generally Easton Bus. Opportunities v. Town Exec. Suites,        
    126 Nev. 119
    , 125-27, 230 P.M 827, 831-32 (2010) (observing, among other things,
    that the purpose of NRCP 17(a) "is simply to protect the defendant against
    SUPREME COURT
    OF
    NEVADA
    (0) 1947A me
    a subsequent action by the party actually entitled to recover" (quotation
    omitted)). Accordingly, we
    ORDER the judgments of the district court AFFIRMED. 1
    /1.Afreu;
    Hard sty i
    J.
    Saitta
    Pickering
    Pidepit t'ue    ,
    cc: Hon. Jessie Elizabeth Walsh, District Judge
    Hon. Mark R. Denton, District Judge
    Robert F. Saint-Aubin, Settlement Judge
    Reid Rubinstein Bogatz
    Techlaw LLP
    Marquis Aurbach Coffing
    Eighth District Court Clerk
    1 Becauseappellants have indicated that they "choose to abandon the
    appeal of the Subordination Agreement-related issues," we necessarily
    affirm the judgment against Southwest Desert Equities in Docket No.
    66268 and the dismissal of John Ritter's counterclaims in Docket No.
    65225.
    SUPREME COURT
    OF
    NEVADA                                                 2
    (0) 1947A    cilarja>
    

Document Info

Docket Number: 65225

Filed Date: 1/14/2016

Precedential Status: Non-Precedential

Modified Date: 1/15/2016