DESERT LAND LOAN ACQUISITION, LLC, a Nevada Limited Liability Company; Desert Land, LLC, a Nevada Limited Liability Company; Howard Bulloch, an Individual; David Gaffin, an Individual; the Howard and Cristi Bulloch Family Trust Dated 09/14/1995; the Howard Bulloch Separate Family Trust Dated 03/28/2003; the Cristi Bulloch Separate Property Trust Dated 03/28/2003; the Bulloch Heritage Trust; the Gulf Stream Irrevocable Trust Dated 06/30/2000; and Compass Investments, LLC, a Nevada Limited Liability Company, Appellants/Cross-Respondents,
v.
SHER DEVELOPMENT, LLC, a Nevada Limited Liability Company; the Paul L. Garcell and Pamela Hertz Revocable Family Trust, Paul L. Garcell and Pamela Hertz, Trustees; the Joseph D. Eystad and Mary Ann Arminio Revocable Trust Dated 09/03/03, Mary Ann Arminio and Joseph D. Eystad, Trustees; the Frank Arminio and Mary Arminio Revocable Living Trust, Mary Arminio, Trustee; Angelo John Arminio, an Individual; Paula M. Arminio, an Individual; Andrea Deanean Glenn, an Individual; Linda Jean Lund, an Individual; the Dondero Survivor's Trust, Alan G. Dondero, Trustee; Terry L. Bell Irrevocable Trust, Terry L. Bell, Trustee; the Newby 1984 Trust, Jill M. Colquitt and Donald E. Newby, Trustees; Joanna Pollard Living Trust, Joanna Pollard, Trustee; Vivian A. Weber Living Trust, Vivian Weber, Trustee; the Joe P. Schwan Family Trust, Joe Schwan, Trustee; Walter Broeland and Carol Broeland Revocable Trust, Walt Broeland, Trustee; Mark E. Jonah; Veronica C. Wolf Trust, Veronica Wolf, Trustee; Baron H. Windham, Jr., Ira; James P. Peabody; Helen L. Peabody; YARG, LLC; Patrick and Clara Carmen Dermody Family Trust, Patrick Dermody, Trustee; Mack Clayton; Tracy L. Clayton; Terry Wagner; Catherine Wagner, James C. Chachas Trust, James Chachas, Trustee; George Chachas; Bessie Chachas; William Marshall; Janine Marshall; Lewis Roy Sher Living Trust; Gregg S. Lawrence Subtrust of Clifford Lawrence and Carolyn Lawrence Revocable Family Trust DTD 9/30/96 Counterclaim, Respondents/Cross-Appellants, and
Bradley Anderson; Marjorie K. Anderson; the Prince Family Trust Dated 10/06/1997; Elizabeth S. Anderson; Michael Ashe; Gregory Ashe; the 1991 Barron Revocable Family Trust, DTD October 2, 1991, Clifford L. Barron and Inez L. Barron, Trustees; Jon G. Bassett; the Joseph and Helen Benoualid Trust DTD 9/30/96; Jerry Alan Blanckaert Jr. Living Trust 2001 DTD 6/20/01; Tamara A. Bohn; Jonathan Bolter; Zoe Brown Family Trust DTD 9/28/89; Kimberly A. Casey; John M. Clayton; L.W. and Elizabeth T. Clayton Revocable Trust DTD 12/23/80; the Donna J. Cline Living Trust; Denise O. Crotts, Custodian for Andrew C. Crotts, Nicholas E. Crotts and Zachary T. Crotts; Denise O. Crotts, Custodian for Jacob R. Crotts; Denise Crotts, Custodian for FBO Kale Crotts; Daniel M & M 1991 Living Trust; Davidson 1992 Trust; William H. Delaney; the Elkins Family 1994 Revocable Living Trust DTD 03/22/94; the Ellsworth 1981 Family Trust DTD 05/20/81; Eric Alan Evans; First Capital Trust LLC; Lynda C. Fleming, Trustee of the Lynda C. Fleming Revocable Trust Dated 8/22/02; Steve Franks; A. Renee Franks; Timothy B. Gallagher Living Trust DTD 2/12/04; the Arthur J. and Margaret L. Gilbert Revocable Family Trust 1986 DTD 5/30/86; Glaser Living Trust UT January 26, 1978; Lisa R. Gorlick, Custodian for Nicholas Gorlick; Greenwood Family Trust; Howard William Hamilton III Living Trust Dated June 1, 2005; George L. Hardin Trust DTD February 2, 1994; First Savings Bank Custodian FBO Kenneth W. Harouff Ira; Avece M. Higbee Separate Property Trust DTD 10/17/01; Gary Hopkins; Denise Hopkins; Steve R. Howell; Sally S. Hyatt Trust DTD 05/02/02; John C. Jeffrey; Troy Kell; Robbie R. Kell; the C.E. Langford Trust U/A DTD 10/25/97; Paul Lantz; Ronald R. Laudie; Shannon D. Laudie; Wade Leavitt and Carolyn Leavitt Family Limited Partnership; Lee Maen; Jeannie L. Magdefrau; Leon H. Marx; Nyda D. Marx; McConnell Capital, LLC; McComas Family Trust DTD 5/28/02; Richard Gene McCormick; Steven M. McKenna and Michelle K. McKenna, Trustees of the McKenna Family Trust Dated December 19, 2002; Glenn N. Miller; Nina Miller; Kenneth Griffyn Morgan Living Trust DTD 4/7/03; Daniel C. Muha; First Savings Bank Custodian FBO Deborah L. Muha Ira; Michael Nesler; Phyllis Nesler; Nancy G. O'Neil; Oklahoma Sunrise Investment Limited Partnership; Robert L. Olden; the Marie Palu Trust; Ronald S. Phelan; Leonard H. Raizin and Carol A. Raizin, Trustees of the Raizin Family Trust DTD 8/4/77; Robert Reader; Duangchai Thongmeelark; Fiserv Iss and Company FBO Clyde Roger Reynolds Ira; Rice Construction Company Profit Sharing and Trust; the Rogers-Barnett Family Trust DTD 11/28/03; Mark Colussy, Trustee of the Royal Living Trust Dated October 30, 1996; Ronald W. Ruthe, Sr.; Ida A. Ruthe; Maria Elena Salazar; Raymond Salazar; Lewis R. Sher; Robert M. Sherwood; Carla Sherwood; Lt. Col. Michael P. Slater; Darlene L. Slater, Manuel G. Calhau; Roselie J. Calhau; Sisson Enterprises Inc.; David A. Smith; the Marian Smithson Trust DTD 04/25/96; Bruce E. Snyder; Julie E. Snyder; Kevin Speirs; Bryan Stein; David Stoebling, Esq.; Ganesan Subbaraman; Maria Subbaraman; Meenakshi Subbaraman; Ruth G. Swinney, Trustee for the Swinney-Reiger Family Trust DTD May 8, 2001; Fion M. Tang; Mylinh Tang; Tell Exemption Trust Dated June 8, 1999; Matthew T. Terracin; Theresa Tordjman; 1989 Walker Family Trust; the Wolf 1988 Trust DTD 3/29/88; Maxine Zelkind Trust DTD 1/24/97; Adam Zelkind 401k Profit Sharing Plan; Florence Bolatin Living Trust DTD 10/28/93; Robert M. Pesick, Estate of; Roger D. Cox; Patricia E. Cox; C. J. Hansel; Tom E. Hansen; and Stacie L. Hansen, Respondents.
Desert Land Loan Acquisition, LLC, a Nevada Limited Liability Company; Desert Land, LLC, a Nevada Limited Liability Company; Howard Bulloch, an Individual; David Gaffin, an Individual; the Howard and Cristi Bulloch Family Trust Dated 09/14/1995; the Howard Bulloch Separate Family Trust Dated 03/28/2003; the Cristi Bulloch Separate Property Trust Dated 03/28/2003; the Bulloch Heritage Trust; the Gulf Stream Irrevocable Trust Dated 06/30/2000; and Compass Investments, LLC, a Nevada Limited Liability Company, Appellants,
v.
Sher Development, LLC, a Nevada Limited Liability Company; the Paul L. Garcell and Pamela Hertz Revocable Family Trust, Paul L. Garcell and Pamela Hertz, Trustees; the Joseph D. Eystad and Mary Ann Arminio Revocable Trust Dated 09/03/03, Maryann Arminio and Joseph D. Eystad, Trustees; the Frank Arminio and Mary Arminio Revocable Living Trust, Mary Arminio, Trustee; Angelo John Arminio, an Individual; Paula M. Arminio, an Individual; Andrea Deanean Glenn, an Individual; Linda Jean Lund, an Individual; the Dondero Survivor's Trust, Alan G. Dondero, Trustee; Terry L. Bell Irrevocable Trust, Terry L. Bell, Trustee; the Newby 1984 Trust, Jill M. Colquitt and Donald E. Newby, Trustees; Joanna Pollard Living Trust, Joanna Pollard, Trustee; Vivian A. Weber Living Trust, Vivian Weber, Trustee; the Joe P. Schwan Family Trust, Joe Schwan, Trustee; Walter Broeland and Carol Broeland Revocable Trust, Walt Broeland, Trustee; Mark E. Jonah; Veronica C. Wolf Trust, Veronica Wolf, Trustee; Baron H. Windham, Jr., Ira; James P. Peabody; Helen L. Peabody; YARG, LLC; Patrick and Clara Carmen Dermody Family Trust, Patrick Dermody, Trustee; Mack Clayton; Tracy L. Clayton; Terry Wagner; Catherine Wagner; James C. Chachas Trust, James Chachas, Trustee; George Chachas; Bessie Chachas; William Marshall; Janine Marshall; Lewis Roy Sher Living Trust; Gregg S. Lawrence Subtrust of Clifford Lawrence and Carolyn Lawrence Revocable Family Trust DTD 9/30/96 Counterclaim; Bradley Anderson; Marjorie K. Anderson; the Prince Family Trust Dated 10/06/1997; Elizabeth S. Anderson; Michael Ashe; Gregory Ashe; the 1991 Barron Revocable Family Trust, DTD October 2, 1991, Clifford L. Barron and Inez L. Barron, Trustees; Jon G. Bassett; the Joseph and Helen Benoualid Trust DTD 9/30/96; Jerry Alan Blanckaert Jr. Living Trust 2001 DTD 6/20/01; Tamara A. Bohn; Jonathan Bolter; Zoe Brown Family Trust DTD 9/28/89; Kimberly A. Casey; John M. Clayton; L.W. and Elizabeth T. Clayton Revocable Trust DTD 12/23/80; the Donna J. Cline Living Trust; Denise O. Crotts, Custodian for Andrew C. Crotts, Nicholas E. Crotts and Zachary T. Crotts; Denise O. Crotts, Custodian for Jacob R. Crotts; Denise Crotts, Custodian for FBO Kale Crotts; Daniel M & M 1991 Living Trust; Davidson 1992 Trust; William H. Delaney; the Elkins Family 1994 Revocable Living Trust DTD 03/22/94; the Ellsworth 1981 Family Trust DTD 05/20/81; Eric Alan Evans; First Capital Trust LLC; Lynda C. Fleming, Trustee of the Lynda C. Fleming Revocable Trust Dated 8/22/02; Steve Franks; A. Renee Franks; Timothy B. Gallagher Living Trust DTD 2/12/04; the Arthur J. and Margaret L. Gilbert Revocable Family Trust 1986 DTD 5/30/86; Glaser Living Trust UT January 26, 1978; Lisa R. Gorlick, Custodian for Nicholas Gorlick; Greenwood Family Trust; Howard William Hamilton III Living Trust Dated June 1, 2005; George L. Hardin Trust DTD February 2, 1994; First Savings Bank Custodian FBO Kenneth W. Harouff Ira; Avece M. Higbee Separate Property Trust DTD 10/17/01; Gary Hopkins; Denise Hopkins; Steve R. Howell; Sally S. Hyatt Trust DTD 05/02/02; John C. Jeffrey; Troy Kell; Robbie R. Kell; the C.E. Langford Trust U/A DTD 10/25/97; Paul Lantz; Ronald R. Laudie; Shannon D. Laudie; Wade Leavitt and Carolyn Leavitt Family Limited Partnership; Lee Maen; Jeannie L. Magdefrau; Leon H. Marx; Nyda D. Marx; McConnell Capital, LLC; McComas Family Trust DTD 5/28/02; Richard Gene McCormick; Steven M. McKenna and Michelle K. McKenna, Trustees of the McKenna Family Trust Dated December 19, 2002; Glenn N. Miller; Nina Miller; Kenneth Griffyn Morgan Living Trust DTD 4/7/03; Daniel C. Muha; First Savings Bank Custodian FBO Deborah L. Muha Ira; Michael Nesler; Phyllis Nesler; Nancy G. O'Neil; Oklahoma Sunrise Investment Limited Partnership; Robert L. Olden; the Marie Palu Trust; Ronald S. Phelan; Leonard H. Raizin and Carol A. Raizin, Trustees of the Raizin Family Trust DTD 8/4/77; Robert Reader; Duangchai Thongmeelark; Fiserv Iss and Company FBO Clyde Roger Reynolds Ira; Rice Construction Company Profit Sharing and Trust; the Rogers-Barnett Family Trust DTD 11/28/03; Mark Colussy, Trustee of the Royal Living Trust Dated October 30, 1996; Ronald W. Ruthe, Sr.; Ida A. Ruthe; Maria Elena Salazar; Raymond Salazar; Lewis R. Sher, Robert M. Sherwood; Carla Sherwood; Lt. Col. Michael P. Slater, Darlene L. Slater; Manuel G. Calhau; Roselie J. Calhau; Sisson Enterprises Inc.; David A. Smith; the Marian Smithson Trust DTD 04/25/96; Bruce E. Snyder; Julie E. Snyder; Kevin Speirs; Bryan Stein; David Stoebling, Esq.; Ganesan Subbaraman; Maria Subbaraman; Meenakshi Subbaraman; Ruth G. Swinney, Trustee for the Swinney-Reiger Family Trust DTD May 8, 2001; Fion M. Tang; Mylinh Tang; Tell Exemption Trust Dated June 8, 1999; Matthew T. Terracin; Theresa Tordjman; 1989 Walker Family Trust; the Wolf 1988 Trust DTD 3/29/88; Maxine Zelkind Trust DTD 1/24/97; Adam Zelkind 401k Profit Sharing Plan; Florence Bolatin Living Trust DTD 10/28/93; Robert M. Pesick, Estate of; Roger D. Cox; Patricia E. Cox; C. J. Hansel; Tom E. Hansen; and Stacie L. Hansen, Respondents.