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Francisco v. Benworth Capital Partners Pr.

Summary

A joint motion informing the court of the parties' stipulation on the defendants' deadline to answer the complaint in Federal Reserve Bank of San Francisco v. Benworth Capital Partners PR LLC et al., Civil No. 24-01313 (GMM), in the U.S. District Court for the District of Puerto Rico. It is Document 17, filed August 15, 2024. The motion recounts that the plaintiff filed its complaint on July 10, 2024 for breach of contract, collection of money, fraudulent transfers and conversion, served the two Benworth entities, and that Bernardo Navarro and Claudia Navarro returned waivers of service on August 14, 2024. The parties stipulate that the defendants accept service and will not move to dismiss on service grounds, and ask the court to set October 1, 2024 as the deadline for all defendants to answer or otherwise plead. The three-page motion is signed by counsel for each party.

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       Case 3:24-cv-01313-GMM           Document 17        Filed 08/15/24     Page 1 of 3




                       IN THE UNITED STATES DISTRICT COURT
                         FOR THE DISTRICT OF PUERTO RICO

 FEDERAL RESERVE BANK OF SAN                        Civil No.: 24-01313 (GMM)
 FRANCISCO,

 Plaintiff,
                                                    RE: BREACH OF CONTRACT;
        v.                                          COLLECTION OF MONEY; FRAUDULENT
                                                    TRANSFERS; CONVERSION
 BENWORTH CAPITAL PARTNERS PR
 LLC, BENWORTH CAPITAL PARTNERS
 LLC,   BERNARDO  NAVARRO   and
 CLAUDIA NAVARRO,

 Defendants.


        JOINT MOTION INFORMING PARTIES’ STIPULATION REGARDING
       THE DEFENDANTS’ DEADLINE TO ANSWER OR OTHERWISE PLEAD
                        TO THE COMPLAINT (D.E. 1)

TO THE HONORABLE COURT:

        COME NOW plaintiff, Federal Reserve Bank of San Francisco (“Plaintiff”), and the

defendants, Benworth Capital Partners LLC (“Benworth FL”), Benworth Capital Partners PR,

LLC (“Benworth PR”), Bernardo Navarro (“Mr. Navarro”) and Claudia Navarro (“Ms. Navarro”

and together with Mr. Navarro, the “Navarros”) (collectively, the “Defendants” and together with

Plaintiff, the “Parties”), through their respective undersigned counsel, and very respectfully

STATE and PRAY as follows:

        1.     On July 10, 2024, Plaintiff filed the captioned Complaint against the Defendants

for breach of contract, collection of money, fraudulent transfers and conversion. D.E. 1.

        2.     On July 11, 2024, the summons were issued as to the Defendants. D.E. 5.

        3.     On July 17, 2024, Plaintiff requested the Defendants to waive service of summons.

Therefore, pursuant to Fed. R. Civ. P. 4(d), if service is waived, the Defendants would be required

        Case 3:24-cv-01313-GMM                  Document 17           Filed 08/15/24         Page 2 of 3

Joint Motion Informing Parties’ Stipulation …
Federal Reserve Bank of San Francisco v. Benworth Capital Partners PR LLC et al.
Civil No. 24-01313 (GMM)
Page 2 of 3


to answer or otherwise plead against the Complaint by September 16, 2024. 1

         4.       On the 25th and 29th days of July 2024, the Plaintiff served the summons on

Benworth FL and Benworth PR, respectively. D.E. 13 and 14. Consequently, pursuant to Fed. R.

Civ. P. 12(a)(1)(A)(i), Benworth FL is required to answer or otherwise plead against the Complaint

by August 15, 2024, whereas Benworth PR must answer or otherwise plead by August 19, 2024.

         5.       On August 14, 2024, the Navarros signed and returned the requested waivers of

service to Plaintiff. See Exhibits A and B.

         6.       The Parties respectfully inform this Honorable Court that, in order to resolve

potential disputes regarding service, they have reached an agreement and stipulate to the following:

(i) the Defendants accept the service of process and will not move to dismiss or quash based on

grounds related to service , and (ii) the deadline for all Defendants to answer or otherwise plead to

the Complaint shall be October 1, 2024.

         WHEREFORE, the Parties respectfully request that this Honorable Court takes notice

of the foregoing, approve the instant motion and stipulations between them and, consequently,

allow the stipulated deadline of October 1, 2024, for all Defendants to answer or otherwise plead

to the Complaint.

         CERTIFICATE OF SERVICE: We hereby certify that on this same date the foregoing

motion was filed with the Clerk of the Court using the CM/ECF system, which will send

notification of such filing to all attorneys and participants of record.

         Respectfully submitted in San Juan, Puerto Rico, this 15th day of August 2024.


1
 The last day of the 60-day period provided by Fed. R. Civ. P. 4(d)(3) is Sunday, September 15, 2024. Therefore,
pursuant to Fed. R. Civ. P. 6(a)(1)(C), the period to answer or otherwise plead against the Complaint continues to run
until the end of the next day that is not a Sunday – Monday, September 16, 2024.

        Case 3:24-cv-01313-GMM               Document 17          Filed 08/15/24   Page 3 of 3

Joint Motion Informing Parties’ Stipulation …
Federal Reserve Bank of San Francisco v. Benworth Capital Partners PR LLC et al.
Civil No. 24-01313 (GMM)
Page 3 of 3


 O’NEILL & BORGES LLC                           FERRAIUOLI LLC                     CASELLAS ALCOVER &
 250 Muñoz Rivera Ave., Ste. 800                PO Box 195168                      BURGOS PSC
 San Juan, PR 00918-1813                        San Juan, PR 00919-5168            PO Box 364924
 Tel: (787) 764-8181                            Tel. (787) 766-7000                San Juan, PR 00936-4924
 Fax: (787) 753-8944                            Fax: (787) 766-7001                Tel. (787) 756-1400
                                                                                   Fax. (787) 756-1401
 s/ Antonio L. Roig Lorenzo                     /s/ Roberto A. Cámara-Fuertes
 Antonio L. Roig Lorenzo                        Roberto A. Cámara-Fuertes          /s/ Ricardo F. Casellas
 antonio.roig@oneillborges.com                  USDC-PR 219002                     Ricardo F. Casellas
 USDC-PR No. 207712                             rcamara@ferraiuoli.com             USDC-PR 203114
                                                                                   rcasellas@cabprlaw.com
 s/ Salvador J. Antonetti Stutts                /s/ Jaime A. Torrens-Dávila
 Salvador J. Antonetti Stutts                   Jaime A. Torrens-Dávila            /s/ Carla S. Loubriel Carrión
 salvador.antonetti@oneillborges.com            USDC-PR 223810                     Carla S. Loubriel Carrión
 USDC-PR No. 215002                             jtorrens@ferraiuoli.com            USDC-PR Bar 227509
                                                                                   cloubriel@cabprlaw.com
 s/ Ubaldo M. Fernández Barrera
                                                /s/ Mónica Ramos Benítez
 Ubaldo M. Fernández Barrera
                                                Mónica Ramos-Benítez               Counsel for Benworth Capital
 ubaldo.fernandez@oneillborges.com              USDC-PR 308405                     Partners PR, LLC and Claudia
 USDC-PR No. 224807                             mramos@ferraiuoli.com              Navarro
 s/ Aníbal A. Román Medina
 Aníbal A. Román Medina                         Counsel for Benworth Capital
 anibal.roman@oneillborges.com                  Partners, LLC and Bernardo
 USDC-PR No. 308410                             Navarro

 CLEARY GOTTLIEB STEEN &
 HAMILTON LLP
 One Liberty Plaza
 New York, New York 10006
 Telephone: (212) 225-2000
 Facsimile: (212) 225-3999

 Lisa M. Schweitzer
 (admitted pro hac vice)
 lschweitzer@cgsh.com
 Thomas S. Kessler
 (admitted pro hac vice)
 tkessler@cgsh.com

 Counsel for Federal Reserve Bank of
 San Francisco

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