Federal Deposit Insurance Corporation v. Nevada Title Company

Filing 57

ORDER Approving 56 Notice of Settlement in Principle. FURTHER ORDERED that attendant discovery, dates and deadlines are stayed for 60 days. Signed by Judge Larry R. Hicks on 7/7/15. (Copies have been distributed pursuant to the NEF - MMM)

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Case 2:12-cv-02060-LRH-VCF Document 56 Filed 07/02/15 Page 1 of 3 1 2 3 4 5 6 7 8 RANDOLPH L. HOWARD, ESQ. Nevada Bar No. 006688 SHLOMO S. SHERMAN, ESQ. Nevada Bar No. 009688 KOLESAR & LEATHAM 400 South Rampart Boulevard, Suite 400 Las Vegas, Nevada 89145 Telephone: (702) 362-7800 Facsimile: (702) 362-9472 E-Mail: rhoward@klnevada.com ssherman@klnevada.com Attorneys for Plaintiff FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver for AMTRUST BANK 9 UNITED STATES DISTRICT COURT 10 DISTRICT OF NEVADA 400 S. Rampart Boulevard, Suite 400 Las Vegas, Nevada 89145 Tel: (702) 362-7800 / Fax: (702) 362-9472 KOLESAR & LEATHAM 11 *** 12 13 FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver for AMTRUST BANK, CASE NO. 2:12-cv-02060-LRH-VCF 14 Plaintiff, 15 vs. 16 17 NEVADA TITLE COMPANY, a Nevada corporation; and MARK A. GONZALEZ, an individual, 18 Defendants. 19 ORDER APPROVING NOTICE OF SETTLEMENT IN PRINCIPLE 20 21 TO THE HONORABLE COURT, THE PARTIES AND THEIR COUNSEL OF 22 RECORD: 23 PLEASE TAKE NOTICE THAT Plaintiff Federal Deposit Insurance Corporation, as 24 Receiver of AmTrust Bank (“FDIC-R”), on the one hand, and Defendant Nevada Title Company 25 (“Nevada Title”) on the other hand, have reached a tentative settlement in principle of the claims 26 that the FDIC-R has asserted in this action against Nevada Title. 27 The terms of the settlement are being documented in a written Settlement Agreement. 28 1895769 (8408-4) 2 Page 1 of 3 Case 2:12-cv-02060-LRH-VCF Document 56 Filed 07/02/15 Page 2 of 3 1 2 3 4 5 The FDIC-R anticipates that it will take approximately sixty (60) days to complete the written Settlement Agreement, finalize all conditions and dismiss the case against all Defendants. As a result of the settlement, the FDIC-R respectfully requests that the Court vacate all attendant discovery, pre-trial and trial dates and deadlines. DATED this 2nd day of July, 2015. KOLESAR & LEATHAM 6 7 By RANDOLPH L. HOWARD, ESQ. Nevada Bar No. 006688 SHLOMO S. SHERMAN, ESQ. Nevada Bar No. 009688 400 South Rampart Boulevard, Suite 400 Las Vegas, Nevada 89145 8 9 10 400 S. Rampart Boulevard, Suite 400 Las Vegas, Nevada 89145 Tel: (702) 362-7800 / Fax: (702) 362-9472 KOLESAR & LEATHAM 11 Attorneys for Plaintiff FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver for AMTRUST BANK 12 13 14 15 IT IS ORDERED that attendant discovery, dates and deadlines are stayed for 60 days. 16 IT IS SO ORDERED. 17 DATED THIS 7th DAY OF JULY, 2015. ____ 18 19 20 ___________________________________________ LARRY R. HICKS UNITED STATES DISTRICT JUDGE 21 22 23 24 25 26 27 28 1895769 (8408-4) 2 Page 2 of 3

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