Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_18-cv-00777/USCOURTS-caed-2_18-cv-00777-2/pdf.json

Nature of Suit Code: 625
Nature of Suit: Drug Related Seizure of Property
Cause of Action: 21:881 Forfeiture Property-Drugs

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STIPULATION AND WITHDRAWAL OF VERIFIED CLAIM OF PS FUNDING, INC. (7701 MANET PARKWAY) 

WALTER F. BROWN. JR. (STATE BAR NO. 130248) 

SHARON E. FRASE (STATE BAR NO. 282923) 

ORRICK, HERRINGTON & SUTCLIFFE LLP 

405 Howard Street 

San Francisco, California 94105 

Telephone: 415-773-5700 

Facsimile: 415-773-5759 

wbrown@orrick.com 

sfrase@orrick.com 

Attorneys for Defendant 

PS FUNDING, INC. 

 

UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF CALIFORNIA 

UNITED STATES OF AMERICA, 

 Plaintiff, 

 v. 

REAL PROPERTY LOCATED AT 7320 DEL 

CORONADO WAY, SACRAMENTO, 

CALIFORNIA, SACRAMENTO COUNTY, 

APN: 051-0361-005-0000, INCLUDING ALL 

APPURTENANCES AND IMPROVEMENTS 

THERETO, ET AL. , 

 Defendant. 

No.: 2:18-cv-00777-KJM-CKD 

 

STIPULATION AND WITHDRAWAL 

OF VERIFIED CLAIM AND ANSWER 

OF LIENHOLDER, PS FUNDING, INC.

IT IS HEREBY STIPULATED by and between Plaintiff UNITED STATES 

OF AMERICA (“Plaintiff”) and Claimant PS FUNDING, INC. (“Claimant”) as 

follows: 

1. That Claimant asserted a lienholder interest in defendant property located at 

7701 Manet Parkway in Sacramento, California (“Defendant Manet Parkway”). The loan has 

since been satisfied and the Claimant no longer has an interest in Defendant Manet Parkway. 

Accordingly, Claimant hereby withdraws its claim filed in this Action with respect to the real 

property located at 7701 Manet Parkway, Sacramento, California, Sacramento County, APN: 

050-0223-010-0000 (the “Property”); and 

Case 2:18-cv-00777-KJM-CKD Document 41 Filed 10/21/19 Page 1 of 3
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STIPULATION AND WITHDRAWAL OF VERIFIED CLAIM OF PS FUNDING, INC. (7701 MANET PARKWAY) 

2. To the extent required under F.R.C.P. 41(a), the United States agrees to 

dismiss with prejudice the Claimant in this Action pursuant to F.R.C.P. 41(a). The Defendant 

Manet Parkway is the in rem defendant. 

3. That each party hereto is to bear his, her and its own costs. 

4. That Claimant be removed from the Service List for this matter.

Dated: 10/11/2019 WALTER F. BROWN, JR. 

SHARON E. FRASE 

Orrick, Herrington & Sutcliffe LLP 

/s/ Sharon E. Frase 

 SHARON E. FRASE 

 Attorneys for Defendant PS FUNDING, INC. 

 McGREGOR W. SCOTT 

 United States Attorney 

Dated: 10/11/2019 /s/ Kevin C. Khasigian 

 KEVIN C. KHASIGIAN 

 Assistant U.S. Attorney 

 

 

Case 2:18-cv-00777-KJM-CKD Document 41 Filed 10/21/19 Page 2 of 3
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STIPULATION AND WITHDRAWAL OF VERIFIED CLAIM OF PS FUNDING, INC. (7701 MANET PARKWAY) 

ORDER

The Court has read and considered the Stipulation of Withdrawal of Claim by PS Funding, 

Inc. (“the Stipulation”) by Claimant PS Funding, Inc. (“Claimant”), and Plaintiff, United States of 

America (“Plaintiff”), by and through their respective counsel (collectively, the “Parties”). For the 

reasons stated in the Stipulation and for good cause shown, 

IT IS HEREBY ORDERED as follows:

1. The Stipulation is approved. 

2. Claimant’s claim filed in the above-captioned case on June 8, 2018 [Dk. 14] is 

hereby deemed withdrawn. 

3. Claimant is hereby deemed dismissed from the above-captioned case. 

IT IS SO ORDERED.

DATED: October 18, 2019. 

Case 2:18-cv-00777-KJM-CKD Document 41 Filed 10/21/19 Page 3 of 3