Munoz, et al. vs. PHH Mortgage Corp., et al.

Filing 393

ORDER Granting 392 Joint Motion to Extend Stay, signed by District Judge Dale A. Drozd on 3/1/2018. (All proceedings in this action are now stayed until April 10, 2018.) (Thorp, J)

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UNITED STATES DISTRICT COURT

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FOR THE EASTERN DISTRICT OF CALIFORNIA

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EFRAIN MUNOZ, et al., individually and
on behalf of all others similarly situated,
Plaintiffs,

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No. 1:08-cv-759-DAD-BAM

ORDER GRANTING JOINT MOTION TO
EXTEND STAY

v.
PHH Corporation, et al.,

(Doc. No. 392)

Defendants.

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On February 28, 2018, counsel for defendants PHH Corporation, PHH Mortgage

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Corporation, PHH Home Loans, LLC, and Atrium Insurance Corporation (collectively,

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“defendants”) and counsel for plaintiffs Efrain Munoz, Leona Lovette, Stephanie Trudnowski,

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John Hoffman, and Daniel Maga (collectively, “plaintiffs”) filed a joint motion seeking to extend

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the stay entered by the court on December 8, 2017 (Doc. No. 389) until April 10, 2018. (Doc.

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No. 392.)

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Since the entry of the stay on December 8, 2017, the parties report that they have engaged

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the services of a private mediator to facilitate settlement negotiations and met for a formal

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mediation session on February 21, 2018. (Id. at 2.) Further, PHH Corporation announced that it

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has entered into a definitive agreement for the sale of PHH Corp. to Ocwen Financial

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Corporation. (Id.) Given this announcement, the parties seek an additional period of
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approximately one month, until April 10, 2018, to further evaluate settlement possibilities. (Id.)

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The court finds that there is good cause and grants the parties’ joint motion. All

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proceedings in this action are now stayed until April 10, 2018.

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IT IS SO ORDERED.

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Dated:

March 1, 2018
UNITED STATES DISTRICT JUDGE

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