Davies v. Hansen Bay Investors, LLC

GÓMEZ, Chief Judge

MEMORANDUM OPINION AND ORDER

(March 20, 2008)

Before the Court is the motion of defendant and third-party plaintiff Hansen Bay Investors, LLC (“HBI”) to dismiss this matter or, in the alternative, to stay this matter.

*797I. FACTUAL AND PROCEDURAL BACKGROUND

Plaintiff Mark W. Davies (“Davies”) commenced this two-count debt and foreclosure action against HBI in December, 2007.1 Davies alleges that HBI is the title holder to two parcels of real property (the “Properties”) on St. John, U.S. Virgin Islands. Davies further alleges that HBI executed and delivered to Davies a mortgage note…