Blankenchip et al v. CitiMortgage, Inc. et al

Filing 58

STIPULATION and ORDER RE: FAIR MARKET VALUE OF REAL PROPERTY AT ISSUE signed by Senior Judge William B. Shubb on 03/17/16. (Benson, A)

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UNITED STATES DISTRICT COURT

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FOR THE EASTERN DISTRICT OF CALIFORNIA

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RANDY BLANKENCHIP and
SUSAN BLANKENCHIP

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Assigned to Hon. William B. Shubb,
Courtroom 5

Plaintiffs,

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Case No.: 2:14-cv-02309-WBS-AC

(PROPOSED) ORDER APPROVING
STIPULATION RE: FAIR MARKET
VALUE OF REAL PROPERTY AT
ISSUE

vs.
CITIMORTGAGE, INC.; CALWESTERN RECONVEYANCE, LLC; and
Does 1 through 50, inclusive,

[Filed concurrently with Stipulation]
Complaint filed: August 25, 2014
Trial date: June 7, 2016

Defendants.

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The Court APPROVES the stipulation by and between plaintiffs Randy
Blankenchip and Susan Blankenchip (collectively, plaintiffs) and defendant
CitiMortgage, Inc. (defendant) concerning the real property commonly referred to as
229 Lawler Ranch Parkway, Suisun City, California 94585 (subject property).
IT IS HEREBY ORDERED that:

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1.

The current fair market value of the subject property is established at

$450,000.00 from the date of the full execution of plaintiffs and defendant's stipulation
through the end of trial of the above-captioned action.
///
{37682339;2}

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CASE NO. 2:14-CV-02309-WBS-AC

(PROPOSED) ORDER APPROVING STIPULATION RE: FAIR MARKET VALUE OF
REAL PROPERTY AT ISSUE

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2.

For the duration of this action, neither plaintiffs nor defendant shall contest

the $450,000.00 valuation of the subject property.
3.

Plaintiffs, defendant, their respective counsel, and witnesses called by

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either party shall be permanently precluded from introducing at trial any evidence,

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facts, testimony, expert opinion or expert testimony relating to or in connection with the

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current fair market value of the subject property.

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IT IS SO ORDERED.

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Dated: March 17, 2016

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Respectfully submitted,

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AKERMAN LLP
KAREN PALLADINO CICCONE (SBN 143432)
Email: [e-mail]
JUSTIN D. BALSER (SBN 213478)
Email: [e-mail]
ROBERT R. YAP (SBN 263763)
Email: [e-mail]
725 South Figueroa Street, 38th Floor
Los Angeles, California 90017-5433
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Defendant
CITIMORTGAGE, INC.

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{37682339;2}

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CASE NO. 2:14-CV-02309-WBS-AC

(PROPOSED) ORDER APPROVING STIPULATION RE: FAIR MARKET VALUE OF
REAL PROPERTY AT ISSUE