Judge: Melvin D. Sandvig, Case: PC057534, Date: 2022-08-24 Tentative Ruling

Counsel wishing to submit on a tentative ruling may inform the clerk or courtroom assisant in North Valley Department F47, 9425 Penfield Ave., Chatsworth, CA 91311, at (818) 407-2247.  Please be aware that unless all parties submit, the matter will still be called for hearing and may be argued by any appearing/non-submitting parties. If the matter is submitted on the court's tentative ruling by all parties, counsel for moving party shall give notice of ruling. This may be done by incorporating verbatim the court's tentative ruling. The tentative ruling may be extracted verbatim by copying and specially pasting, as unformatted text, from the Los Angeles Superior Court’s website, http://www.lasuperiorcourt.org. All hearings on law and motion and other calendar matters are generally NOT transcribed by a court reporter unless one is provided by the party(ies).


Case Number: PC057534    Hearing Date: August 24, 2022    Dept: F47

Dept. F47

Date: 8/24/22

Case #PC057534

 

MOTION TO SUBSTITUTE PLAINTIFF

 

Motion filed on 3/3/22.

 

MOVING PARTY: Silicon Valley Bank

RESPONDING PARTY: all other parties

 

RELIEF REQUESTED: An order substituting Silicon Valley Bank, a California state-chartered financial institution, as successor-in-interest to Plaintiff Boston Private Bank & Trust Co.

 

RULING: The unopposed motion is granted. 

 

Silicon Valley Bank is reminded to review the 5/3/19 First Amended General Order Re Mandatory Electronic Filing for Civil.  When e-filing documents, parties must comply with the “TECHNICAL REQUIREMENTS” which are set forth at page 4, line 4 through page 5, line 12 of the Court’s 5/3/19 First Amended General Order Re Mandatory Electronic Filing for Civil.  See also CRC 3.1110(f)(4).  Silicon Valley Bank has failed to bookmark the declaration and exhibits attached to the motion  Failure to comply with these requirements in the future may result in  matters being placed off calendar, matters being continued so documents can be resubmitted in compliance with these requirements, documents not being considered and/or the imposition of sanctions. 

On 1/24/17, Boston Private Bank & Trust Co. (“Boston Private”) filed this action for, among other things, appointment of receiver, judicial foreclosure, and breach of guaranty against Defendants Matthew R. Rogers (“M. Rogers”) and Sarah L. Rogers (“S. Rogers”), individually and as trustees of the Rogers Family Trust dated March 25, 2003 (“Rogers Trust”), Oakgrove Park, LLC (“Oakgrove”), and Robert Masino (“Masino”), individually and as trustee of the Masino Family Trust dated June 22, 1977 (“Masino Trust”) (collectively, “Defendants”).

 

On 1/26/17, pursuant to Boston Private’s ex parte application, the Court entered an order (“Receivership Order”) appointing Leon J. Owens (“Old Receiver”) as the receiver for Property which was confirmed at a 2/15/17 Order to Show Cause hearing.  On 2/23/18, the Court granted Boston Private’s application for an order substituting Josh Hodeda (“Receiver”) for the Old Receiver.  

 

On 1/15/20, Boston Private filed a Motion to Surcharge Receiver which was scheduled for hearing on 2/18/20.  Pursuant to stipulations, the hearing on that motion has been continued multiple times and is currently scheduled for hearing on 10/11/22. 

 

On 3/3/22, Silicon Valley Bank filed the instant motion seeking an order substituting Silicon Valley Bank, a California state-chartered financial institution, as successor-in-interest to Plaintiff Boston Private Bank & Trust Co.  Specifically, Silicon Valley Bank seeks an order: (1) Designating Silicon Valley Bank to be the plaintiff and real party in interest in this action in place of Boston Private; (2) Changing the caption of this matter to reflect that the plaintiff is “SILICON VALLEY BANK, a California state-chartered commercial bank”;  (3) Deeming Frandzel Robins Bloom & Csato, L.C. to be substituted-in as counsel of record for Silicon Valley in this action without the need for any further action; and (4) For such other relief as the Court deems just and appropriate. 

 

The hearing on this motion was originally scheduled for 7/18/22.  On that date, the matter was continued to 8/24/22 due to defects in notice as to certain parties.  (See 7/18/22 Minute Order). 

 

On 7/19/22, Silicon Valley Bank filed a Notice of Continuance of Motion by Silicon Valley Bank to Substitute Itself As Plaintiff and Successor-In-Interest to Plaintiff Boston Private Bank & Trust Company and a Supplemental Proof of Service for the motion and related request for judicial notice.  The foregoing documents and attached proofs of service cure the service defects noted by the Court in its 7/18/22 ruling.   

 

No oppositions/responses to the motion have been filed.  

 

Therefore, the motion is granted.  Specifically, (1) Silicon Valley Bank is designated as the plaintiff and real party in interest in this action in place of Boston Private; (2) the caption of the complaint will be changed by interlineation to reflect that the plaintiff is “SILICON VALLEY BANK, a California state-chartered commercial bank”; and (3) Frandzel Robins Bloom & Csato, L.C. is counsel of record for Silicon Valley Bank in this action without the need for any further action.