DESERT LAND LOAN ACQUISITION LLC LLC 09 14 1995 03 28 2003 03 28 2003 06 30 2000 LLC v. SHER DEVELOPMENT LLC 09 03 03 1984 YARG LLC DTD 30 96 (2020)

Supreme Court of Nevada.

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,

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.

No. 76934, No. 77548

Decided: April 17, 2020

Hutchison & Steffen, LLC/Las Vegas Bradley Anderson Hejmanowski & McCrea LLC David Stoebling Dickinson Wright PLLC Kevin Speirs Marjorie K. Anderson Ruth G. Swinney