Bank of America, N.A. v. SFR Investments Pool 1, LLC et al

Filing 155

ORDER Dismissal Documents or Joint Status Report due by 1/25/2021. Signed by Judge Gloria M. Navarro on 9/25/2020. (Copies have been distributed pursuant to the NEF - JM)

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MELANIE D. MORGAN, ESQ.
Nevada Bar No. 8215
SCOTT R. LACHMAN, ESQ.
Nevada Bar No. 12016
AKERMAN LLP
1635 Village Center Circle, Suite 200
Las Vegas, Nevada 89134
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
Email: [e-mail]

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Attorneys for Bank of America, N.A.

AKERMAN LLP

UNITED STATES DISTRICT COURT

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1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

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DISTRICT OF NEVADA

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BANK OF AMERICA, N.A.,

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Plaintiff,

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v.

Case No.: 2:15-cv-00692-GMN-CWH
JOINT MOTION TO STAY AND NOTICE
OF SETTLEMENT

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SFR INVESTMENTS POOL 1 LLC; SBH 2
HOMEOWNERS'
ASSOCIATION;
DOE
INDIVIDUALS I–X; inclusive, and ROE
CORPORATIONS I–X, inclusive,

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Defendants.
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AND ALL RELATED CLAIMS.

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Bank of America N.A. (BANA) and SFR Investments Pool 1, LLC jointly move to stay this

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matter for 120 days as a result of a settlement reached by the parties. The property at issue in this

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case is part of a more global settlement between BANA and SFR and while the settlement agreement

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has been executed, SFR has been unable to perform a condition precedent to finalizing the

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agreement due to complications related to the COVID-19 pandemic. The parties have agreed to an

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extension of the deadline to perform the condition precedent.

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…

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…
54644531;1

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To allow time for performance of certain requirements of the settlement, the parties

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respectfully ask the court to stay the action for 120 days. After the 120 days the parties will file a

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status update about the settlement.
DATED this 23rd day of September, 2020.

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AKERMAN LLP

KIM GILBERT EBRON

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/s/ Scott R. Lachman
MELANIE D. MORGAN, ESQ.
Nevada Bar No. 8215
SCOTT R. LACHMAN, ESQ.
Nevada Bar No. 12016
1635 Village Center Circle, Suite 200
Las Vegas, NV 89134

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Attorneys for Bank of America, N.A.

/s/ Jacqueline A. Gilbert
DIANA S. EBRON, ESQ.
Nevada Bar No. 10580
JACQUELINE A. GILBERT, ESQ.
Nevada Bar No. 10593
KAREN L. HANKS, ESQ.
Nevada Bar No. 9578
7625 Dean Martin Drive, Suite 110
Las Vegas, NV 89139

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AKERMAN LLP

1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

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Attorneys for SFR Investments Pool 1, LLC

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ORDER

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IT IS SO ORDERED.
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IT IS FURTHER ORDERED that
the parties shall file either dismissal
documents or a Joint Status Report
informing the Court of the status of
settlement by January 25, 2020.
2021

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Dated this ___ day of September, 2020.

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_________________________________
Gloria M. Navarro, District Judge
UNITED STATES DISTRICT COURT

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54644531;1