Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_15-cv-01059/USCOURTS-cand-3_15-cv-01059-1/pdf.json

Nature of Suit Code: 290
Nature of Suit: Other Real Property Actions
Cause of Action: 28:1332 Diversity-Fraud

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United States District Court

Northern District of California

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SQUARE 1 BANK,

Plaintiff,

v.

HENRY LO, et al.,

Defendants.

Case No. 15-cv-01059-WHO 

ORDER REGARDING JEAN L. 

HOUSTON’S MOTION TO RELEASE 

LIS PENDENS AND ALLOW NET 

PROCEEDS FROM SALE OF 

PROPERTY TO BE PAID INTO 

DISTRICT COURT

Defendant Jean L. Houston’s Motion to Release Lis Pendens and Allow Net 

Proceeds from Sale of Property to be Paid into District Court came on for hearing before 

the Honorable William H. Orrick of the above-entitled Court on April 9, 2015 at 1:30 p.m. 

The parties were represented by counsel as stated on the record. 

The Court, after considering the pleadings, the supporting evidence, and the 

argument of counsel, finds good cause and hereby orders the following:

Plaintiff Square 1 Bank (“Plaintiff”) shall prepare, execute, and have notarized a 

Withdrawal of the Notice of Pendency of Action attached hereto as Exhibit “1,” in a form 

suitable for recording. By 5:00 p.m. on Monday, April 13, 2015, Plaintiff shall deposit the 

original executed and notarized Withdrawal with First American Title Company, 1900 

Lombard Street, San Francisco, California 94123, in reference to Escrow File No. 3807-

4828936. Plaintiff shall provide a copy of this Order to First American Title Company 

together with the Withdrawal, and this Order shall serve as escrow instructions.

Plaintiff’s Withdrawal of Notice of Pendency of Action shall be recorded 

concurrently with the close of escrow on the purchase and sale of the real property located 

at 55 San Fernando Way, San Francisco, California 94127 (the “Property”). The 

Case 3:15-cv-01059-WHO Document 21 Filed 04/10/15 Page 1 of 2
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United States District Court

Northern District of California

Withdrawal shall not be recorded if escrow does not close on the purchase and sale of the 

Property.

Upon closing, the net proceeds shall promptly be deposited into this Court and shall 

be governed pursuant to this Court’s March 5, 2015 Order Withdrawing United States’ 

Motion and Vacating Hearing and Order Restraining Sale Proceeds Received by 

Defendant and Jean Houston, entered in United States of America v. Henry Lo, Case No. 

CR 14-0442-WHO. By this Order, the Court does not determine or make any finding 

regarding the parties’ or the United States of America’s substantive claims or rights to 

receive all or any portion of the net proceeds from the sale of the Property.

IT IS SO ORDERED.

Dated: April 10, 2015

______________________________________

WILLIAM H. ORRICK

United States District Judge

Case 3:15-cv-01059-WHO Document 21 Filed 04/10/15 Page 2 of 2