ASCAR v. U.S. BANK, N.A.

Case No. 2:13-cv-07496-DSF-E.

SEIF ASCAR, TRUSTEE OF THE ASCAR FAMILY TRUST DATED JULY 5, 2012, an individual, Plaintiff, v. U.S. BANK, N.A., a national banking association; SELECT PORTFOLIO SERVICING, INC., a Utah corporation, Defendant. U.S. BANK, N.A., a national banking association, Counterclaimant. v. SEIF ASCAR, as the TRUSTEE OF THE ASCAR FAMILY TRUST DATED JULY 5, 2012; SEIF ASCAR, individually, Counter-Defendant. U.S. BANK, N.A., a national banking association, Third Party Plaintiff, v. OCEAN TOWERS HOUSING CORPORATION, a California Corporation; et al., Third Party Defendants.

United States District Court, C.D. California.

June 13, 2016.


Attorney(s) appearing for the Case

Seif Ascar, Plaintiff, represented by Bruce Geoffrey Landau, Landau & Landau.

U S Bank N A, Defendant, represented by Conrad V Sison, Locke Lord LLP & Daniel A Solitro, Lock Lord LLP.

Select Portfolio Servicing Inc, Defendant, represented by Conrad V Sison, Locke Lord LLP & Daniel A Solitro, Lock Lord LLP.

Apex Investments Group, Inc., ThirdParty Defendant, represented by Edmond Nassirzadeh, NASS LAW FIRM.

Select Portfolio Servicing Inc, Counter Claimant, represented by Conrad V Sison, Locke Lord LLP & Daniel A Solitro, Lock Lord LLP.

U S Bank N A, Counter Claimant, represented by Conrad V Sison, Locke Lord LLP & Daniel A Solitro, Lock Lord LLP.

Seif Ascar, Counter Defendant, represented by Bruce Geoffrey Landau, Landau & Landau & Bruce Geoffrey Landau, Landau & Landau.

U S Bank N A, ThirdParty Plaintiff, represented by Conrad V Sison, Locke Lord LLP & Daniel A Solitro, Lock Lord LLP.

Ocean Towers Housing Corporation, ThirdParty Defendant, represented by William Stanley Brunsten, Law Offices of William S Brunsten.

Omar Yehia Spahi, ThirdParty Defendant, represented by Edmond Nassirzadeh, NASS LAW FIRM.

John Spahi, ThirdParty Defendant, represented by Edmond Nassirzadeh, NASS LAW FIRM.

Joseph Orlando, ThirdParty Defendant, Pro Se.

Joseph Orlando, ThirdParty Defendant, represented by William Stanley Brunsten, Law Offices of William S Brunsten.

Dorothea Schiro, ThirdParty Defendant, represented by Christopher R Mallicoat, Law Offices of Christopher R Mallicoat.

Dorothea Schiro, Counter Claimant, represented by Christopher R Mallicoat, Law Offices of Christopher R Mallicoat.

U S Bank N A, Counter Defendant, represented by Conrad V Sison, Locke Lord LLP & Daniel A Solitro, Lock Lord LLP.


JUDGMENT

The Court enters JUDGMENT in favor of U.S. Bank, N.A. on its second cause of action for breach of contract, the Recognition Agreement, alleged in the Third Amended Third Party Complaint against Ocean Towers Housing Corporation. Ocean Towers Housing Corporation breached paragraph 6 of the Recognition...

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