General Electric Capital Corporation et al v. Ten Forward Dining, Inc. et al
Filing
107
STIPULATION and ORDER 103 signed by Judge John A. Mendez on 11/9/11 regarding priority among plaintiffs and defendant City of Redding.(Matson, R)
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J. David Bournazian (State Bar No.: 186194)
KUTAK ROCK LLP
Suite 1100
18201 Von Karman
Irvine, CA 92612
Telephone: (949) 417-0999
Facsimile: (949) 417-5394
Attorneys for Plaintiffs
GENERAL ELECTRIC CAPITAL
CORPORATION, CEF FUNDING II, L.L.C.
and CEF FUNDING V, LLC
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UNITED STATES DISTRICT COURT
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FOR THE EASTERN DISTRICT OF CALIFORNIA - SACRAMENTO
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GENERAL ELECTRIC CAPITAL
CORPORATION; CEF FUNDING II,
L.L.C. and CEF FUNDING V, LLC,
Plaintiffs,
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v.
TEN FORWARD DINING, INC.;
DELIGHTFUL DINING, INC.; TGIA
RESTAURANTS, INC.; KOBRA
RESTAURANT PROPERTIES, L.L.C.;
ABOLGHASSEM ALIZADEH; THE
MECHANICS BANK; EQUITY
LENDERS, LLC; APEX PROPERTY
ADVISORS INC.; KEY REAL ESTATE
EQUITY CAPITAL, INC.; COUNTY
OF SACRAMENTO DEPARTMENT
OF PUBLIC WORKS
ADMINISTRATION; STATE OF
CALIFORNIA EMPLOYMENT
DEVELOPMENT DEPARTMENT;
UNITED STATES OF AMERICA;
CITY OF CITRUS HEIGHTS; CITY OF
ELK GROVE; CITY OF REDDING;
CITY OF GRASS VALLEY; COUNTY
OF PLACER; COUNTY OF
SACRAMENTO; COUNTY OF
SHASTA; COUNTY OF NEVADA, and
DOES 1 – 100, INCLUSIVE,
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Case No. 2:09-cv-03296-FCD-EFB
Assigned to Judge:
Hon. John A. Mendez
Assigned to Magistrate:
Hon. Edmund F. Brennan
STIPULATION REGARDING
PRIORITY AMONG
PLAINTIFFS AND DEFENDANT
CITY OF REDDING; ORDER
Complaint Filed on: Nov. 25, 2009
Defendants.
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K UTAK R OCK LLP
A TTORN E YS A T L A W
IRVINE
2:09-cv-03296-FCD-EFB
4840-9356-6474.1
STIPULATION REGARDING PRIORITY; [PROPOSED] ORDER
PDF created with pdfFactory trial version www.pdffactory.com
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Plaintiffs General Electric Capital Corporation (“GECC”); CEF Funding II,
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L.L.C. (“CEF II”) and CEF Funding V, LLC (“CEF V,” and collectively with CEF
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II and GECC, “Plaintiffs”), on the one hand, and Defendant City of Redding
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(“Defendant”; Defendant and Plaintiffs, collectively, the “Parties”), by and through
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their respective attorneys of record, HERBY STIPULATE AND AGREE UPON
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THE FOLLOWING:
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1.
On November 25, 2009, Plaintiffs initiated this lawsuit by filing a
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Complaint for Damages and Injunctive Relief (“Complaint”) against various
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defendants, including Defendant. In the Complaint, Plaintiffs allege that Defendant
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may have or asserts an interest in the real and personal properties at issue in this
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lawsuit.
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2.
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The Parties wish to stipulate as to their respective liens on the 11794
Kobra Property (as defined in the Complaint), as follows:
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The lien of Defendant on the 11794 Kobra Property for real
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property taxes and assessments with respect to the 11794 Kobra
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Property is senior in priority to CEF V’s mortgage lien on the 11794
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Kobra Property under the 11794 Kobra Deed of Trust.
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3.
In exchange for the foregoing stipulation, Defendant has agreed to a
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waiver of all fees and costs against Plaintiffs and to not seek any action relating
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thereto.
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K UTAK R OCK LLP
A TTORN E YS A T L A W
IRVINE
2:09-cv-03296-FCD-EFB
4840-9356-6474.1
STIPULATION REGARDING PRIORITY; [PROPOSED] ORDER
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SO STIPULATED AND AGREED:
Dated: November 3 , 2011
KUTAK ROCK LLP
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By: /s/ J. David Bournazian
J. David Bournazian
Attorneys for Plaintiffs
GENERAL ELECTRIC CAPITAL
CORPORATION, CEF FUNDING II,
L.L.C. and CEF FUNDING V, LLC
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Dated: November 1 , 2011
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RICHARD A. DUBERNAY, CITY
ATTORNEY
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By: s/ Lynette M. Frediani (w/ permission)
Lynette M. Frediani, Assistant City
Attorney
Attorneys for Defendant
CITY OF REDDING
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ORDER
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IT IS SO ORDERED.
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Dated: _11/9/2011__________________
_______________________________/s/ John A. Mendez______________
Hon. John A. Mendez
Judge of the United States District
Court, Eastern District of California
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K UTAK R OCK LLP
A TTORN E YS A T L A W
4840-9356-6474.1
-32:09-cv-03296-FCD-EFB
STIPULATION REGARDING PRIORITY; [PROPOSED] ORDER
IRVINE
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