Federal Housing Finance Agency v. Saticoy Bay, LLC, No. 20-17447 (9th Cir. 2022)
Annotate this CaseThe Ninth Circuit certified to the Supreme Court of Nevada the following question: Under Nevada law, must a series LLC created pursuant to Nev. Rev. Stat. 86.296 be sued in its own name for a court to obtain jurisdiction over it, or may the master LLC under which the series is created be sued instead?
Court Description: Nevada Law. The panel certified to the Supreme Court of Nevada the following question: Under Nevada law, must a series LLC created pursuant to Nev. Rev. Stat. § 86.296 be sued in its own name for a court to obtain jurisdiction over it, or may the master LLC under which the series is created be sued instead?
The court issued a subsequent related opinion or order on July 24, 2023.
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