JPMorgan Chase Bank, N.A. v. SFR Investments Pool 1, LLC, et al
Filing
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ORDER Granting 99 Stipulation. Case stayed. Signed by Judge Richard F. Boulware, II on 9/13/2016. (Copies have been distributed pursuant to the NEF - DL)
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KAREN L. HANKS, ESQ.
Nevada Bar No. 9578
E-mail: karen@hkimlaw.com
DIANA S. CLINE, ESQ.
Nevada Bar No. 10580
E-mail: diana@hkimlaw.com
JACQUELINE A. GILBERT, ESQ.
Nevada Bar No. 10593
E-mail: jackie@hkimlaw.com
HOWARD KIM & ASSOCIATES
1055 Whitney Ranch Drive, Suite 110
Henderson, Nevada 89014
Telephone: (702) 485-3300
Facsimile: (702) 485-3301
Attorneys for SFR Investments Pool 1, LLC
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UNITED STATES DISTRICT COURT
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DISTRICT OF NEVADA
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(702) 485-3300 FAX (702) 485-3301
KIM GILBERT EBRON
7625 DEAN DRIVE DRIVE, SUITE 110
LAS VEGAS, NEVADA 89139
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JPMORGAN CHASE BANK, N.A., a New
York Corporation,
Plaintiff,
vs.
Case No. 2:14-cv-02080-RFB-GWF
SFR INVESTMENTS POOL 1, LLC, a Nevada
limited liability company; THE PRESERVES
AT ELKHORN SPRINGS HOMEOWNERS
ASSOCIATION, a Domestic Non-Profit
Corporation; ATC ASSESSMENT
COLLECTION GROUP, LLC, a California
Limited Liability Company; HEATHER A.
REINHARD, an individual; JASON C.
REINHARD, an individual; DOES I through X;
and ROE CORPORATIONS I through X,
inclusive,
Defendants.
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Plaintiff, JPMorgan Chase Bank, N.A., (the “Bank”) and Defendant, SFR Investments Pool
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1, LLC (“SFR”) by and through their respective counsel of record, hereby stipulate and agree as
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follows:
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1.
This lawsuit is one of many involving the effect of a non-judicial foreclosure sale
conducted by a homeowners association pursuant to NRS 116.3116 et seq.
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On July 28, 2016, this Court entered an order granting SFR’s Motion for Summary
Judgment and denying the Bank’s Counter-Motions for Summary Judgment.
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On August 12, 2016, the Ninth Circuit issued a decision in Bourne Valley Court
Trust v. Wells Fargo Bank, 2016 WL 4254983 (9th Cir. Aug. 12, 2016) holding that NRS 116 is
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facially unconstitutional. A petition for rehearing was filed by the petitioner in Bourne Valley on
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August 26, 2016.
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4.
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On August 25, 2016, the Bank filed a Motion for Reconsideration under Bourne
Valley. SFR’s response to the Motion for Reconsideration is due on September 12, 2016.
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5.
The Parties agree to stay this matter pending resolution of Bourne Valley.
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Should this court not ratify this stipulation, the parties agree that SFR shall have 7
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(seven) days from the date of entry of any order denying this stipulation to file a response to the
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Motion for Reconsideration.
IT IS STIPULATED AND AGREED that the case is stayed pending resolution of Bourne
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Valley.
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DATED this 12th day of September, 2016.
DATED this 12th day of September, 2016.
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KIM GILBERT EBRON
WRIGHT, FINLAY & ZAK, LLP
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/s/Jacqueline Gilbert_________
JACQUELINE A. GILBERT, ESQ.
Nevada Bar No. 10593
107625 Dean Martin Drive, Suite 110
Las Vegas, Nevada 89139
Attorney for SFR Investments Pool 1, LLC
/s/ Chelsea A. Crowton_______________
Chelsea A. Crowton, Esq.
Nevada Bar No. 11547
7785 W. Sahara Ave., Ste 200
Las Vegas, Nevada 89117
Attorney for JPMorgan Chase Bank, N.A.
(702) 485-3300 FAX (702) 485-3301
KIM GILBERT EBRON
7625 DEAN DRIVE DRIVE, SUITE 110
LAS VEGAS, NEVADA 89139
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ORDER
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IT IS SO ORDERED.
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DATED this13th day of _____________, 2016.
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September
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____________________________________
RICHARD F. BOULWARE, II
UNITED STATES DISTRICT JUDGE
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