LN Management, LLC Series 5664 Divot v. Dansker et al

Filing 49

ORDER Granting 48 Stipulation. Motions due by 9/16/2015. Replies due by 10/28/2015. Responses due by 10/14/2015. Signed by Magistrate Judge George Foley, Jr on 8/27/15. (Copies have been distributed pursuant to the NEF - TR)

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Case 2:13-cv-01420-RCJ-GWF Document 48 Filed 08/26/15 Page 1 of 3 1 Abran E. Vigil Nevada Bar No. 7548 2 Sylvia O. Semper Nevada Bar No. 12863 3 BALLARD SPAHR LLP 100 North City Parkway, Suite 1750 4 Las Vegas, Nevada 89106 Telephone: (702) 471-7000 5 Facsimile: (702) 471-7070 vigila@ballardspahr.com 6 sempers@ballardspahr.com Attorneys for JPMorgan Chase Bank, N.A. 7 And Federal National Mortgage Association 8 UNITED STATES DISTRICT COURT 10 DISTRICT OF NEVADA 11 (702) 471-7000 FAX (702) 471-7070 Ballard Spahr LLP 100 North City Parkway, Suite 1750 Las Vegas, Nevada 89106-4617 9 12 LN MANAGEMENT, LLC SERIES 5664 DIVOT, 13 14 15 16 17 18 19 Plaintiff, vs. KIT DANSKER and JPMORGAN CHASE BANK, N.A., And Defendants, FEDERAL NATIONAL MORTGAGE ASSOCIATION and FEDERAL HOUSING FINANCE AGENCY, 20 Intervenors. 21 22 23 JPMORGAN CHASE BANK, N.A., FEDERAL NATIONAL MORTGAGE ASSOCIATION and FEDERAL HOUSING FINANCE AGENCY, 24 25 26 27 Case No. 2:13-cv-01420-RCJ-GWF Counter-claimant, vs. LN MANAGEMENT, LLC SERIES 5664 DIVOT. Counter-Defendant. 28 DMWEST #12809837 v1 STIPULATION AND PROPOSED SCHEDULING ORDER Case 2:13-cv-01420-RCJ-GWF Document 48 Filed 08/26/15 Page 2 of 3 1 Plaintiff/Counter-defendant LN Management, LLC Series 5664 Divot, 2 Defendant/Counter-plaintiff JPMorgan Chase Bank, N.A. and Intervenors/Counter3 plaintiffs Federal National Mortgage Association (“Fannie Mae”) and Federal 4 Housing Finance Agency (“FHFA”) (collectively “the parties”) by and through their 5 counsel of record, hereby stipulate and agree as follows: 6 1. On July 15, 2015, the parties filed a Joint Motion to Stay Discovery [Dkt No. 7 44], which the court granted on July 20, 2015 [Dkt No. 45], staying this action 8 through August 26, 2015 in order for the parties to analyze this matter in the 9 context of Judge Navarro’s decisions and to thereafter file either a discovery plan Ballard Spahr LLP 100 North City Parkway, Suite 1750 Las Vegas, Nevada 89106-4617 10 and scheduling order, or a briefing schedule. 11 2. The parties agree that the issue of whether a homeowner’s association 12 foreclosure sale conducted under Nevada Revised Statute § 116.3116 may 13 extinguish Fannie Mae’s property interest, or whether such a result is precluded by 14 12 U.S.C. § 4617(j)(3) can be decided without the need for discovery. 15 3. The parties further agree to the following proposed briefing schedule: 16 a. Motion for summary judgment due September 16, 2015; 17 b. Response to motion for summary judgment due October 14, 2015; and 18 c. Reply in support of motion for summary judgment due October 28, 2015. 19 4. Pursuant to Ministerio Roca Solida v. U.S. Dept. of Fish and Wildlife, 288 20 F.R.D. 500, 506 (D. Nev. 2013) (stay of discovery is appropriate when (1) the 21 pending motion is potentially dispositive of the entire case; and (2) the pending 22 motion can be decided without additional discovery), the parties respectfully request 23 that discovery in this matter be stayed pending a decision on the motion for 24 summary judgment. 25 5. In the event this matter is not disposed of pursuant to the motion for 26 summary judgment, the parties shall file a stipulated discovery plan and scheduling 27 order no later than thirty (30) days following the Court’s entry of an order related to 28 the motion for summary judgment. DMWEST #12809837 v1 2 Case 2:13-cv-01420-RCJ-GWF Document 48 Filed 08/26/15 Page 3 of 3 1 6. This Stipulation is made in good faith in an effort to save time, money and 2 expense on the part of the parties, as well to save judicial resources of this Court. 3 IT IS SO STIPULATED this 26th day of August, 2015. BALLARD SPAHR LLP 4 5 By: /s/ Kerry Faughnan Kerry P. Faughnan PO Box 335361 North Las Vegas, NV 89033 Kerry.faughnan@gmail.com By: /s/ Abran Vigil Abran E. Vigil (SBN 7548) Sylvia O. Semper (SBN 12863) 100 N. City Parkway, Suite 1750 Las Vegas, Nevada 89106 FENNEMORE CRAIG ARNOLD & PORTER LLP 11 By: /s/ Leslie Bryan Hart 12 Leslie Bryan Hart, Esq. (SBN4932) John D. Tennert, Esq. (SBN 11728) 300 S. Second St., Suite 1510 Reno, Nevada 89501 By: /s/ Asim Varma Asim Varma, Esq.* Howard N. Cayne, Esq.* Michael A.F. Johnson, Esq.* 6 7 8 Attorney for Plaintiff Attorneys for JPMorgan Chase Bank, N.A. and Federal National Mortgage Association 9 Ballard Spahr LLP 100 North City Parkway, Suite 1750 Las Vegas, Nevada 89106-4617 10 13 14 15 Attorneys for Intervenor Federal Housing Financing Agency Attorneys for Intervenor Federal Housing Finance Agency *pro hac vice petitions to be submitted IT IS SO ORDERED: 16 17 ______________________________________ UnitedStates Magistrate Judge United States District/Magistrate Judge August 27, 2015 Dated:_______________________ 18 19 20 21 22 23 24 25 26 27 28 DMWEST #12809837 v1 3

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