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UMLIC VP LLC v. MATTHIAS

No. CIV. NO. 2001-98.

234 F.Supp.2d 520 (2002)

UMLIC VP LLC Successor in Interest and Assignee of the United States of America (Small Business Administration), Plaintiff, v. Aretha MATTHIAS, Michael A. Matthias, Rosemarie Webster, Bruce W. Matthias, Elizabeth Olivacce, Laurie Thomas, Carrie Eddy, and all persons claiming an interest in Remainder of parcel No. 7 Sorgenfri a/k/a Nos. 7B and 7C Estate Sorgenfri, Carlton Parson, Elecia Parson, Oswald C. Venzen, Alice Venzen Department of Finance, Government of the Virgin Islands, Bureau of Internal Revenue, Government of the Virgin Islands and United States of Amerca Internal Revenue Service, Defendants.

District Court, Virgin Islands, D. St. Thomas and St. John.

December 5, 2002.

Attorney(s) appearing for the Case

Carol R. Rich, Esq., St. Thomas, U.S.V.I., for the plaintiff.

Wayne G. Anderson, Esq., St. Thomas, U.S.V.I., for the defendants Government of the Virgin Islands, Bureau of Internal Revenue, and Department of Finance.

Archie Jennings, Esq., St. Thomas, U.S.V.I., for defendant Aretha Matthias.

Robert King, Esq., St. Thomas, U.S.V.I., for defendants Carlton Parson, Elecia Parson, Oswald C. Venzen, and Alice Venzen.

MEMORANDUM

MOORE, District Judge.

UMLIC VP LLC ["UMLIC"] seeks summary judgment foreclosing three mortgages on the individual defendants' properties. The issue for decision is whether the federal or local statute of limitations applies to this matter. For the following reasons, as well as those given from the bench at the hearing on June 14, 2002, I found that the federal statute applies, ruled that the action is timely, and granted UMLIC's motion for summary...

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