Monarchy Real Estate Acquisitions & Holdings, LLC, et al v. Vance et al

  1. September 11, 2023

    Judge Tosses RICO Claims Over RV Park Deal, Remands Case

    A New Mexico federal judge has rejected most of a mortgage broker's claims that two banks, various lenders and an investment company violated the Racketeer Influenced and Corrupt Organizations Act during a botched $5.7 million deal for a South Dakota recreational vehicle park, and remanded the lawsuit back to state court.

  2. June 08, 2023

    Broker Wants Mobile Home RICO Case In NM Federal Court

    A mortgage broker seeks removal to New Mexico federal court of a suit alleging the defendant violated the Racketeer Influenced and Corrupt Organizations Act while representing an investment company that specializes in manufactured homes, allegedly botching a $5.7 million South Dakota recreational vehicle park deal.