Transcontinental Realty Investors, Inc. v. Orix Capital Markets LLC and Wells Fargo Bank Minnesota, N.A.
Transcontinental Realty Investors, Inc. v. Orix Capital Markets LLC and Wells Fargo Bank Minnesota, N.A.
Opinion
ACCEPTED 05-14-00588-CV FIFTH COURT OF APPEALS DALLAS, TEXAS 10/23/2015 10:19:23 AM LISA MATZ CLERK NO. 05-14-00588-CV IN THE COURT OF APPEALS FILED IN 5th COURT OF APPEALS FOR THE FIFTH COURT OF APPEALS DALLAS, TEXAS AT DALLAS, TEXAS 10/23/2015 10:19:23 AM __________________________________________________________________ LISA MATZ Clerk TRANSCONTINENTAL REALTY INVESTORS, INC., Appellant v. ORIX CAPITAL MARKETS, LLC, et al., Appellees. __________________________________________________________________ Appeal from the 134th District Court, Dallas County, Texas No. DC-11-15428, The Honorable Dale Tillery, Presiding ________________________________________________ APPELLANT’S NOTICE OF FILING OF INCREASE OF SUPERSEDEAS BOND TO THE HONORABLE FIFTH COURT OF APPEALS: COMES NOW, Appellant, Transcontinental Realty Investors, Inc., in the above-styled and numbered cause and files this Notice of Filing of Increase of Supersedeas Bond, respectfully notifying the Court of the filing of increase of supersedeas Bond No. 0601836, as demonstrated by the attached Surety Rider and Power of Attorney filed in the trial court in Cause No. DC-11-15428. [“Attachment 1” ]
APPELLANT’S NOTICE OF FILING OF INCREASE OF SUPERSEDEAS BOND – Page 1 Respectfully submitted, SHAMOUN & NORMAN, L.L.P. By:_/S/ Jonathan J. Cunningham_______ Jonathan J. Cunningham State Bar No. 00793574 [email protected] C. Gregory Shamoun State Bar No. 18089650 [email protected] 1755 Wittington Place, Suite 200, LB 25 Dallas, Texas 75234 (214) 987-1745 (Telephone) (214) 521-9033 (Telecopier) ATTORNEYS FOR APPELLANT Transcontinental Realty Investors, Inc.
APPELLANT’S NOTICE OF FILING OF INCREASE OF SUPERSEDEAS BOND – Page 2 Certificate of Service I certify that a copy of this document was served via the methods referenced on this 23rd day of October, 2015, upon counsel all known counsel of record shown below: VIA CMRRR/E-Filing Service/and E-Mail Talmage Boston, Esq. [email protected] Elisabeth Wilson, Esq. [email protected] WINSTEAD PC Winstead Building 2728 N. Harwood Street Dallas, Texas 75201 Telephone: 214/745-5400 Facsimile: 214/745-5390
Nicola Hobeiche, Esq.
ORIX USA Corporation 1717 Main Street, Suite 900 Dallas, Texas 75201 Telephone: 214/237-2000 Facsimile: 214/237-2018 [email protected] Attorneys for ORIX Capital Markets, LLC and Wells Fargo Bank Minnesota, N.A.
_/S/ Jonathan J. Cunningham________ JONATHAN J. CUNNINGHAM State Bar No. 00793574 [email protected]
APPELLANT’S NOTICE OF FILING OF INCREASE OF SUPERSEDEAS BOND – Page 3 ATTACHMENT “1”
APPELLANT’S NOTICE OF FILING OF INCREASE OF SUPERSEDEAS BOND – Page 4 FILED DALLAS COUNTY FELICIA PITRE 10/21/2015 DISTRICT 4:28:16 CLERK
NO. DC-11-15428 ORIX CAPITAL MARKETS LLC, § IN THE DISTRICT COURT Plaintiff/Counter-Defendant, § VS. § § TRANSCONTINENTAL REALTY § INVESTORS, INC., § Defendant/Counter- § Claimant/Third-Party Plaintiff, § DALLAS COUNTY, TEXAS VS. § § WELLS FARGO BANK MINNESOTA, § N.A., AS TRUSTEE FOR THE § MORTGAGE PASS-THROUGH § CERTIFICATES SERIES 99-CI, § Third-Party Defendant. § 134th JUDICIAL DISTRICT NOTICE OF FILING OF INCREASE OF SUPERSEDEAS BOND TO THE HONORABLE JUDGE OF SAID COURT: COMES NOW, Transcontinental Realty Investors, Inc., Defendant/Counter- Claimant/Third-Party Plaintiff, in the above-entitled cause, who gives notice of filing of increase of the previously filed supersedeas Bond No. 0601836, as demonstrated by the attached Surety Rider and Power of Attorney. [“Attachment 1] Respectfully Submitted, SHAMOUN & NORMAN, L.L.P. /S/ Jonathan J. Cunningham C. GREGORY SHAMOUN State Bar No. 18089650 [email protected] JONATHAN J. CUNNINGHAM State Bar No. 00793574 [email protected] 1755 Wittington Place, Suite 200, LB25 Dallas, Texas 75234 Telephone: (214) 987-1745 Facsimile: (214) 521-9033 ATTORNEYS FOR TCI
Notice of Filing of Increase of Supersedeas Bond CERTIFICATE OF SERVICE The undersigned certifies that a true and correct copy of the foregoing document was forwarded to all counsel of record via E-File Service, CM/RRR, and E-mail delivery on this 21st day of October, 2015 --
Talmage Boston, Esq. [email protected] Elisabeth Wilson, Esq. [email protected] WINSTEAD PC Winstead Building 2728 N. Harwood Street Dallas, Texas 75201 Telephone: 214/745-5400 Facsimile: 214/745-5390 Nicola Hobeiche, Esq.
ORIX USA Corporation 1717 Main Street, Suite 900 Dallas, Texas 75201 Telephone: 214/237-2000 Facsimile: 214/237-2018 [email protected] Attorneys for ORIX Capital Markets, LLC and Wells Fargo Bank Minnesota, N.A.
Notice of Filing of Increase of Supersedeas Bond ATTACHMENT “1”
Notice of Filing of Increase of Supersedeas Bond r-----·~~---------------------------------------------------------------------------- SURETY RIDER -COURT BONDS To be attached to and form a pat1 of Type of Bond: Supersedeas Appeal Bond Bond No. 0601836 dated effective May 12, 2014 {nMuO~N~T"H.~D~A~Y~,Y~E~A~R')_________________
executed by Transcontinental Realty Investors, Inc. , as Principal, (PRINCIPAL) - - - · ··- and by International Fidelity Insurance CompanL - - - - - - - - - - - - - - - - - - - - - · , as Surety, (SURETY) in the matter of Orix Capital Markets LLC vs. Transcontinental Realty Investors, Inc. CauseNo. 11-15428 in favor of Orix Capital Markets LLC ---··------ ------- - - - - - In consideration of the mutual agreements herein contained the Principal and the Surety hereby consent to changing The penal sum of the Supersedeas Appeal Bond From: $458,906.76 · - - - - - - - - - ------- · · - - - - · · · - - - - - - - -------------------··- To: $733,906.76 The penal sum of this bond is now $733.906.76 -------·- -- -----· ---------- Nothing herein contained shall vary, alter or extend any provision or condition of this bond except as herein expressly stated.
This rider is effective October 2015 -----~--------------------- (MONTH, DAY, YEAR) Signed and Sealed October 14, 2015 ~~~~~~~------------- (MONTH, DAY, YEAR) Transcontinental Realty Investors, Inc. PRINCIPAL APPROVED
International Fidelity Insurance Company IBy: ~/}-~-JC-.t.4"f$r,,~..L4v-<-- SURETY , Ja~ghmanf'\TroR"'-"Mi=-PR-OVE-0 nu§CT 2 1 ?OI~AY OF JUDGE
/ 'I FEUCI,, PITRE LMS-1120210/99 Clerk of IN TESTIMONY WHEREOF, I hav~ herE!urito set my himd al(ix~~ my Official Seal, at !he City or Newark, New Jersey !he day and year first above wntlen. .
(]~~ A NOTARY PUBLIC OF NEW JERSEY My Commission E~pires April16, 20J9 : .
Bond No. 0601836 CAUSE NO. 11-15428
ORIX CAPITAL MARKETS LLC, § IN THE DISTRICT COURT Plaintiff/Counter-Defendant, § vs. § § TRANSCONTINENTAL REALTY § INVESTORS, INC., § DefendantJCountcr-Claimant/Third § Party Plaintiff, § DALLAS COUNTY, TEXAS vs. § § WELLS FARGO BANK MINNESOTA, § N.A., AS TRUSTEE .FOR THE § MORTGAGE PASS-THROUGH § CERTIFICATES SERIES 99-CI, § Third-Party Defendant. § 134th JUDICIAL DISTRICT
SUPERSEDEAS APPEAL BOND
KNOW ALL MEN BY THESE PRESENTS: Transcontinental Realty Investor~, Inc. as principal, and International Fidelity Insurance Company of One Newark Center, 201h Floor, Newark, NJ 07102, as surety, are held and firmly bound unto Orix Capital Markets, LLC in the sum of Four Hundred Fifty Eight Thousand Nine Hundred Six and 76/100 Dollars ($458,906.76) for the payment of which well and truly to be made, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally, firmly by these presents.
The condition of this obligation is such that whereas Orix Capital Markets, LLC has in the l341h Judicial District Court of Dallas County, Texas in the above-entitled cause therein pending recovered a judgment against the said Transcontinental Realty Investors, Inc. and whereas the above-named appellant has, according to law, taken an appeal from the said Page l of2 judgment.
NOW THEREFORE, if the said appellant shall satisfy the said judgment in full together with the costs, interest and damages for delay, if for any reason the appeal is dismissed or if the judgment is affirmed, and shall satisfy in full such modification of the judgment and such costs, interest and damages as the appellate court may adjudge and award, and if said judgment be set aside, then this obligation shall be void; otherwise, to remain in full force and effect, provided however, the maximum liability of the surety shall not exceed the penal sum of Four Hundred Fifty Eight Thousand Nine Hundred Six and 76/100 Dollars ($458,906.76).
IN WITNESS WHEREOF, we have hereunto set our hands this 12 h day of May, 2014.
Principal: TRANSCONTINENTAL REALTY INVESTORS, INC. ;22~-.--'-------~- Surety: INTERNATIONAL FIDELITY INSURANCE COMPANY By: .. l h. J3.~~ /AJ ..
James~ Attorney-in-Fact
Page 2 of2 __ ::_._-:~~~-~·:~·-..,. __ its thelr irue and i~~vtul attoin!>y(s)'ln-raot to ei~ote; ~eill aridoiiliv'effor aMo~ oeb~ir as surety, any and au ilo"Ms aoo undert~kings, ~on~acts onnoerjln!ty ClOd othe_ rwrt.Hngsp~l-lg~tO!Y !fl ~e naivte.~~r~f. Wf!l~l) a_(e or m~y- !Je a_llow(!d_,requir~_ or P_·_ Cfm_,_·m~ by '_a_w_·; s!alute~ _rule,_ r~ulationl-oeon_ -___ Ifact·· or oth_ erwi_se, in _and the execufion of. sucn mstnJm.en!(s} pursuance _of ;these' presents, spall_ be as· blnd1ng uwn the sald,INTERNATION~L r-IDI;:LITY INSURANCE . - :COMPANY and ALLEGHENYC,I\SUA'LTYCOMPAhfY; as folly and amply, to all Intents ana purpqses, a~ 1f the sam~;~ had been dulY executed and . ·ack!J9WI(!d96<11?9Jh~ir regul~rl(elec\~ Qfflce~$ al_thel(prlnclpal office!). .. ___ -_- . • . .._____ •··. _·.- -.- :.. _•. _. . _ _. _- __ .• _. _ ._ _ - . . . . _. _.· _·_· __ •.. - . i- 6~tif~o/ a~~~~W&t~sNEf~~~~A~Wf8sd'M~~V~~~~~~~~?~~~~e~"tn3b/~~g;t ~f~t f~~~ri\~!Jt~!Y:rfa~~Jl~1n~~.~~~~1r~ ~sJ/~~E - - ~~~J~ft~AJbo,J't.kt{;{~lf~l~~~~~~y~fa~~~~~1~~ ~reX~~3l?t~~:clon th~ ~Oth day of July, 2oW> and by the.eoard of Dtrect?rs of ALLEGHENY A_R_~~~r_n afld °_Jr=_in_~Ffcf J a_~~~~~~~-~-~-d--~~ef~:~_~6~~~~ a_:~-r~1~!._ _:1_~[~1~ f60_---~_ffe?_r_'~L~e~h--~~ ~-"Y~~-~~~~7~e~=~-.~~:fcd_J~~-6 1 affiX<!.tJ.e-Co~Wralfon's s~aiQlerelok l:londsnmderta.~lpgs; recogolzanctes.'contracts qf ipdemnttv ang _ ~~,c~~tl obiJgatlo(lsJn al?:,1~e_pod~_r~~~-~- : k .
91herY..n~ten n<Jre or _ t~e ther~f rl'Jil'IIJ3d _ff1_6{e_loi _an_ q(:2_) any_ suCfl_ Offjc~rs,()f_ tfle_. Corpo ___ ra.Jion hlaY appoint an_d_ _ '__~vo_k_e th_ e .• a_ ppo ____lntmen_•fs .9f J_oJ0(-'(;0 _ _ n_lt_()I c_us tool_a_ ns_, agen_ls for_ a_ ccept_a__n_ce of _ • prqcess•.?_nd_ At_torne_~Ys_._~_-_ n-fa_ c.tw_tth au_m_ority_t_o_ ex ___ e.cutewa_ lven_• a_ rid. co_li$ents on b_e.half of_ .·_the Cor,eo_ra_-~_ 91l; fl_"_ d_ (3)_ the si_gnat\l_ r_e o_ fany s_ u_c__hO _ rn_ce_ ,. of. I!Je_ GQrJ!()ralion f)oCI the Go_l'f>9fati!)n'~. seal may be ~ffil<f.:)d QY Jacstmlle 19 any powerof attorney. or ce.rtilication gtven for lhe execul,i()n of any bOnd, undertakmg, ·_ • re~nl?:~nc~h cgntiac~ ofiQdeiJ'!nllv or _ ·- o_ mer_._ wntt_.e_r o_bliga_tlpn_._· in·f!l_._e natur~;~. th_er_ _ e<;>f_ or_· r__elated_ ..• Qleret_o_._ suc·h· slgf1~~ure an__ d_ seals. whEj_n._ - _ s_o_. useq w_h~_lh_~r_ :• •her_ee __ (ofo~_e_..or __ ere<i __ fte~ ,_b~. _· ·._h_~-e~y a__ plecl__ DY._ th~ rpor_llli.on;as_ tpe otlgtnal_ sign_ 5Jture__ of suc_h offic_er•and the ongu1a_ls®l of the Corpo·r-_a,li_ on, to b~ val1d. and blnd!flg upon tpe ~,;<JJl)Oration w1lht:he same force anu effect a~,tho!Jghmantlally affixed." r__ oo. _. eo_ ·• _·- ·- ·-. . - - ' • • ··- ' •. ·-_•. ·. -. -· ·. _ _ 'iN WitNEss' WHER.EQF, INTERNATIONAl FIDELITY INSURA~Jc~E tOMPANY• ahd ALLEGHENY; CASUALTY. COMPANY have eath executed and. jjttesti:IQ lfiesepf@eilts on this 1~th day otMarch, ~Q12. · --- · · ·. · · r ·. , ·· ·. -- ' · _ · - · -·. ·--- -·.· - _ -.- ·.•,. •- -__ ·-. .· • _STATE OF NEW JERSEY. · County of l;:sSex ·
. . . ·.· .· ROBERT W. MINSTER •.- •. • -.· .· · Exec•~live Vice P(eSider)VGhief_ Ope_ralirig .Officer (International Fidelity lnsuranc(;l Compan.y) and President (Allegheny Casualty Company) On lhis 12tl) -•· giiy .ofM~t~h2012, thebef~r~ c;Jrn~ th~ iryd;vldual whQ the precedingex~uted to knowh, lr~strunienl, ~~personally by me duly ~nd, b~ing swow;- ~aid he i~ !f1e lh~rein d!lsg!jbed !lnd aqt:Jjori~~ officer of INTERNATIONAl FIDELITY INSURANCE COMPANY _and ALLEGHENY CASUAlTY . ~()~P.A_NY ; . that tHe seais. affixed (to said lns!rilmeht are the Corpotaie {leals. of. said Companies; that .the s1.1id •Co.rpora~e S~ls and h\s signature were duly affil\~ by order cit the 13<)!'itds of OirectQrs of $aid ¢ornpanies. . . - . ··· · ·_. ·--· -· IN TESTIMONY WHEREOF, Lhave herevntosetrny hand affixedmyOfficial Seal, . . ·: ,,\\1.-,;,,,,,:, . 1.11 the CityofNewark, New Jersey liJe day and year first ~bove wiilten. . • • . ,,•''\~"/ VA ... '''~;, .
......... ',:.~·~':.,~~'~Qt.,.'~; l ..~..·~~i~~i>J:'·.~ \ :i. / ··~· "~ \ i·: ·~ -~ _:_: : - · :- . ! '. j"; ~ -~-~~. A>(j .·\ti~?ii'! .._..._ -'f>-..''• "' B\,;_ •.• :. ACj ...-, A NOTARY PUBLIC OF NEW JERSEY :··,.- ,..'';;. . :(:---0~········~. s *'-" NeN ~,,.:. '!.*": My Commission Expires Mar, 27, 2014 •_ >. ~~~~~,,,,;·i~~~\~~~~~ ._ .___ __. . _. __ • _ _ . .- _ __ .CER.TlFIC,A . , .. Tl0 N___· _. _ _. ._ _· _ _· _.
I, lheuridersiglled 9fficeiqfiNTERNA'f!ONAL f.IOEUTY INSLlRANC£:; COMPf.NY iJndALLEGHENY CA$UAI.TY COMPANY do hereby certity that_ I have Cb!)ipf!red fh"l for¢99lng CQPX of the.fqwer ofAttort)_~y qod affj~avit. and the copy of}he .. SE!clions qf t~e BY·\..aws ofs;'lidCompaniQ$ as set forth in sai(i PowerofAltotney, wiU) the qriginals on file in the home offj(;e of :said compani?s, aM II) at the same are com~c;t transcripts lhe(e<;>f. and of the whole .of the said-Qriql~al;;, andUJ<~t_the said Pow~r of Atlorneyf1as Ml b~ch rovoked ar)d is now in full torce;3ndeffect. . .
Case-law data current through December 31, 2025. Source: CourtListener bulk data.