Opportunity Homes, LLC v. Federal Home Loan Mortgage Corporation

Filing 38

ORDER Granting 37 Stipulation to Stay Discovery Pending Ruling on Motions for Summary Judgment (First Request). Signed by Magistrate Judge George Foley, Jr on 11/17/15. (Copies have been distributed pursuant to the NEF - PS)

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Ariel E. Stern, Esq. (SBN 8276)
Natalie L. Winslow, Esq. (SBN 12125)
AKERMAN LLP
1160 Town Center Drive, Suite 330
Las Vegas, Nevada 89144
Tel: [phone]; Fax: [phone]
[e-mail]; [e-mail]
Attorneys for Defendant Federal Home Loan Mortgage Corporation

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Leslie Bryan Hart, Esq. (SBN 4932)
John D. Tennert, Esq. (SBN 11728)
FENNEMORE CRAIG, P.C.
300 E. Second St., Suite 1510
Reno, Nevada 89501
Tel: [phone] Fax: [phone]
[e-mail]; [e-mail]

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(Admitted Pro Hac Vice)
Asim Varma, Esq.
Howard N. Cayne, Esq.
Michael A.F. Johnson, Esq.
ARNOLD & PORTER LLP
555 12th Street NW
Washington, DC 20004
Tel: [phone] Fax: [phone]
[e-mail]; [e-mail]; [e-mail]

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Attorneys for Intervenor Federal Housing Finance Agency
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UNITED STATES DISTRICT COURT
DISTRICT OF NEVADA

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OPPORTUNITY HOMES, LLC,

CASE NO.: 2:15-cv-000893-APG-GWF

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Plaintiff,
vs.

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FEDERAL HOME LOAN MORTGAGE
CORPORATION,

STIPULATION AND [PROPOSED]
ORDER TO STAY DISCOVERY
PENDING RULING ON MOTIONS FOR
SUMMARY JUDGMENT
FIRST REQUEST

Defendant.

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FENNEMORE CRAIG, P.C.
300 E. SECOND ST.
SUITE 1510
RENO, NEVADA 89501
[phone]

Plaintiff/Counter-Defendant,

Opportunity

Homes,

LLC

(“Opportunity

Homes”),

Defendant/Counterclaimant, Federal Home Mortgage Corporation (“Freddie Mac”), and
Intervenor, Federal Housing Finance Agency (“FHFA”), by and through their attorneys of
record, submit the following stipulation for the Court’s review and approval.

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WHEREAS, Opportunity Homes filed its motion for summary judgment in the Eighth
Judicial District Court of Clark County, Nevada on April 29, 2015.

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WHEREAS, Freddie Mac removed this action to this Court on May 12, 2015. (Dkt. 1.)

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WHEREAS, Freddie Mac and FHFA filed their joint motion for summary judgment on

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July 23, 2015. (Dkt. 19.)

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WHEREAS, until the Court decides the parties’ cross-motions for summary judgment,

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the parties agree to stay discovery, including the conference, discovery plan and report required

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by Rule 26(f) of the Federal Rules of Civil Procedure (“FRCP”) and Rule 26-1(d) of the Local

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Rules of Practice for the United States District Court for the District of Nevada (“LR”), and the

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initial disclosures required by FRCP 26(a).

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WHEREAS, the parties agree that good cause exists to stay discovery in this action

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because the cross-motions for summary judgment raise a dispositive legal issue, the resolution of

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which will clarify what, if any, discovery is warranted.

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NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED by and among

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the parties, through their undersigned counsel, pursuant to FRCP 26 and LR 6-2, 7-1, and 26-4,

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that all discovery is stayed pending rulings on the parties’ cross-motions for summary judgment.

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IT IS FURTHER STIPULATED AND AGREED that, in the event the Court denies

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any of the cross-motions, the parties remaining in the above-captioned action after shall conduct

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the conference required by FRCP 26(f) (the “Rule 26(f) Conference”), and will submit the

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discovery plan and scheduling order required by FRCP 26(f) and LR 26-1(d) by no later than

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fourteen (14) days after the Rule 26(f) Conference.

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IT IS FURTHER STIPULATED AND AGREED that this Stipulation is entered into

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in good faith and not for the purposes of delay, and is not intended to waive any of the

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substantive or procedural right of the parties. The parties have not previously requested any

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FENNEMORE CRAIG, P.C.
300 E. SECOND ST.
SUITE 1510
RENO, NEVADA 89501
[phone]

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extensions of the discovery deadlines.
DATED this 16th day of November, 2015.

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AKERMAN LLP

FENNEMORE CRAIG, P.C.

By: /s/ Natalie L. Winslow _________
Ariel E. Stern, Esq. (SBN 8276)
Natalie L. Winslow, Esq. (SBN 12125)
1160 Town Center Drive, Suite 330
Las Vegas, Nevada 89144
Tel: [phone] Fax: [phone]
[e-mail];
[e-mail]

By:

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and

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Attorneys for Defendant Federal Home
Loan Mortgage Corporation

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HONG & HONG

ARNOLD & PORTER LLP
(Admitted Pro Hac Vice)
Asim Varma, Esq.
Howard N. Cayne, Esq.
Michael A.F. Johnson, Esq.

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By:
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/s/ Leslie Bryan Hart
Leslie Bryan Hart, Esq. (SBN 4932)
John D. Tennert, Esq. (SBN 11728)
300 E. Second St., Suite 1510
Reno, Nevada 89501
Tel: [phone] Fax: [phone]
[e-mail]; [e-mail]

/s/ Joseph Y. Hong
Joseph Y. Hong, Esq. (SBN 5995)
10781 West Twain Avenue
Las Vegas, Nevada 89135
Tel: [phone]
[e-mail]

Attorneys for Proposed Intervenor Federal
Housing Financing Agency

Attorneys for Plaintiff Opportunity Homes,
LLC

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ORDER
IT IS SO ORDERED.

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___________________________________
UNITED STATES MAGISTRATE JUDGE

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November 17, 2015
DATED: ___________________________

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FENNEMORE CRAIG, P.C.
300 E. SECOND ST.
SUITE 1510
RENO, NEVADA 89501
[phone]

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