FEDERAL HOUSING FINANCE v. SATICOY BAY LLC

No. 84370.

531 P.3d 1232 (2023)

139 Nev. Adv. Opn. 15

FEDERAL HOUSING FINANCE AGENCY; Federal National Mortgage Association; and Federal Home Loan Mortgage Corporation, Appellants, v. SATICOY BAY LLC, Respondent.

Supreme Court of Nevada.

Filed July 6, 2023.


Attorney(s) appearing for the Case

Arnold & Porter Kaye Scholer LLP and Michael A.F. Johnson and Dirk Phillips , Housing Finance Agency.

Fennemore Craig, P.C., and Leslie Bryan Hart and John D. Tennert, III , Reno, for Appellants Federal Home Loan Mortgage Corporation and Federal Housing Finance Agency.

Snell & Wilmer L.L.P. and Kelly H. Dove , Las Vegas, for Appellant Federal National Mortgage Association.

Roger P. Croteau & Associates, Ltd., and Roger P. Croteau and Timothy E. Rhoda , Las Vegas, for Respondent.

BEFORE THE SUPREME COURT, EN BANC.


OPINION

This case comes to us as a certified question under NRAP 5 from the United States Court of Appeals for the Ninth Circuit. The Ninth Circuit certified the following question to this court:

Under Nevada law, must a series LLC created pursuant to Nev. Rev. Stat. § 86.296 be sued in its...

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