Las Vegas Development Group, LLC v. 2014-3 IH Equity Owner, LP et al

Filing 119

ORDER granting 118 Stipulation; Re: 87 Motion for Summary Judgment. Responses due by 4/30/2020. Signed by Judge Gloria M. Navarro on 4/13/2020. (Copies have been distributed pursuant to the NEF - JM)

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1 2 3 4 5 6 7 8 9 Douglas D. Gerrard, Esq. Nevada Bar No. 4613 dgerrard@gerrard-cox.com Fredrick J. Biedermann, Esq. Nevada Bar No. 11918 fbiedermann@gerrard-cox.com GERRARD, COX & LARSEN 2450 St. Rose Pkwy., Suite 200 Henderson, NV 89074 Telephone: (702) 796-4000 Attorneys for Defendants 2014-1 IH Equity Owner, LP THR Nevada II, LP, THR Property Borrower, LP, THR Property Guarantor, LP, THR Property Holdco, LP, and 2014-1 IH Property Holdco, LP UNITED STATES DISTRICT COURT 2450 St. Rose Parkway, Suite 200 Henderson, Nevada 89074 (702) 796-4000 GERRARD, COX & LARSEN 10 DISTRICT OF NEVADA 11 12 LAS VEGAS DEVELOPMENTAL GROUP, LLC, a Nevada limited liability company 13 14 15 16 17 18 19 20 21 22 23 24 vs. Plaintiff, 2014-3 IH EQUITY OWNER, LP, a Delaware limited partnership; BANK OF AMERICA, na, National Banking Association; MERIDIAN FORECLOSURE SERVICE, a California Corporation; ARNOLD DUMLAO, an individual; JOCELYN DILAG, an individual; THR NEVADA II, LP, a Delaware limited partnership; THR PROPERTY BORROWER, LP, a Delaware limited partnership; THR PROPERTY GUARANTOR, LP, a Delaware Limited partnership; THR PROPERTY HOLDCO, LP, a Delaware limited partnership; 2014-3 IH PROPERTY HOLDCO, LP, a Delaware limited partnership, 2014-1 IH BORROWER, LP, a Delaware limited partnership; GERMAN AMERICAN CAPITAL CORPORATION, a Maryland corporation; DOE individuals I through XX; and ROE CORPORATIONS I through XX, Case No.: 2:15-cv-00917-GMN-NJK STIPULATION TO CONTINUE RESPONSE DEADLINE TO BANK OF AMERICA’S MOTION FOR SUMMARY JUDGMENT [ECF NO. 87] THIRD REQUEST Defendants. 25 Defendants 2014-3 IH BORROWER, LP, a Delaware limited partnership 2014-3 IH 26 EQUITY OWNER, LP, a Delaware limited partnership; THR NEVADA II, LP, a Delaware limited 27 partnership; THR PROPERTY BORROWER, LP, a Delaware limited partnership; THR PROPERTY 28 GUARANTOR, LP, a Delaware Limited partnership; THR PROPERTY HOLDCO, LP, a Delaware 1 limited partnership; and 2014-3 IH PROPERTY HOLDCO, LP, a Delaware limited partnership, 2 (referred to collectively as “Invitation Homes Defendants”) and BANK OF AMERICA, N.A. 3 (“BANA”), by and through their respective counsel of record, do hereby hereby stipulate and agree 4 as follows: 5 1. WHEREAS, on September 12, 2019, Invitation Homes Defendants filed a Motion for 6 Summary Judgment [ECF No. 86] (the “First Motion”) against Plaintiff Las Vegas Development 7 Group, LLC (“Plaintiff”), arguing that the Court should grant summary judgment in their favor and 8 against the Plaintiff, for various reasons. 9 2. WHEREAS, on September 12, 2019, BANA filed a Motion for Summary Judgment 2450 St. Rose Parkway, Suite 200 Henderson, Nevada 89074 (702) 796-4000 GERRARD, COX & LARSEN 10 [ECF No. 87] (the “Second Motion”) against Plaintiff Las Vegas Development Group, LLC 11 (“Plaintiff”), arguing the that the Court should grant summary judgment in their favor and against the 12 Plaintiff, for various reasons. 13 3. WHEREAS, BANA also moved the Court to dismiss the THR Nevada II’s cross- 14 claims, which include claims for unjust enrichment and negligent misrepresentation, as set forth in 15 Sub-Section F of the Second Motion’s Legal Argument Section. 16 4. WHEREAS, on October 23, 2019, this Court ordered that the parties participate in a 17 settlement conference on January 28, 2020. [ECF No. 100]. The Settlement Conference was later 18 continued to March 6, 2020 by Order of the Court [ECF No. 106] in response to an Unopposed 19 Request To Continue Settlement Conference [ECF No. 105]. 20 5. WHEREAS, on October 28, 2019, BANA and the Invitation Homes Defendants 21 entered into a Stipulation and Order to Stay Proceedings and Brief on BANA’s Motion for Summary 22 Judgment concerning THR Nevada II’s cross-claims. [ECF No. 102]. 23 6. WHEREAS, on February 14, 2020, this Court entered an Order confirming the 24 Stipulation to stay proceedings and briefing on BANA’s Motion For Summary Judgment. The Court 25 further ordered that BANA and the Invitation Homes Defendants file a Joint Status Report on how 26 the parties intend to proceed following the Settlement Conference. [ECF No. 107]. 27 7. WHEREAS, on March 6, 2020, a Settlement Conference was held between the 28 2 1 Plaintiff, BANA and the Invitation Homes Defendants but no settlement was reached with the 2 Plaintiff. 3 8. 4 On March 25, 2020, Plaintiff Las Vegas Development Group filed its Response (ECF No. 113) to the First Motion and its Response (ECF No. 114) to the Second Motion. 9. 5 On March 25, 2020, this Court entered an Order (ECF No. 115) denying the First 6 Motion and the Second Motion. The Order stated that “BANA shall file its response to Purchaser 7 Defendants’ Motion for Summary Judgment, (ECF No. 86), within fourteen (14) days from entry of 8 this Order.” The Order inadvertently names BANA as the party to respond to a motion for summary 9 judgment as it was BANA that moved to dismiss the THR Nevada II’s cross-claims in the Second 2450 St. Rose Parkway, Suite 200 Henderson, Nevada 89074 (702) 796-4000 GERRARD, COX & LARSEN 10 Motion. 10. 11 Due to confusion that initially arose over the language in the Order and due to 12 issues that have arisen a result of the COVID-19 Coronavirus, the parties stipulate to extend time 13 for THR Nevada II to file its Limited Response to BANA’s Motion for Summary Judgment up to 14 and including April 30, 2020. 15 /// 16 /// 17 /// 18 /// 19 /// 20 /// 21 /// 22 /// 23 /// 24 /// 25 /// 26 /// 27 /// 28 /// 3 1 11. 2 Dated this 8th day of April, 2020. Dated this 8th day of April, 2020. 3 GERRARD COX LARSEN AKERMAN, LLP 4 /s/ Douglas D. Gerrard, Esq. 5 Douglas D. Gerrard, Esq. (4613) Fredrick J. Biedermann, Esq. (11918) 2450 Saint Rose Pkwy., Suite 200 Henderson, NV 89074 Attorneys for Defendants /Crossclaimants THR Nevada II, THR Property Borrower THR Property Guarantor, THR Property Holdco and 2014-1 IH Property Holdco /s/ Scott R. Lachman, Esq. ________________________________ Darren T. Brenner, Esq. (8386) Scott R. Lachman, Esq. (12016) 1635 Village Center Circle, Suite 200 Las Vegas, NV 89134 Attorneys for Defendant, Cross-Defendant Bank of America, N.A. 6 7 8 9 This Stipulation is made in good faith and not for purpose of delay. Dated this 8th day of April, 2020. 2450 St. Rose Parkway, Suite 200 Henderson, Nevada 89074 (702) 796-4000 GERRARD, COX & LARSEN 10 HUTCHISON & STEFFEN, PLLC 11 /s/ Matthew K. Schriever, Esq. _______________________________ John T. Steffen (4390) Matthew K. Schriever (10745) Peccole Professional Park 10080 West Alta Drive, Suite 200 Las Vegas, NV 89145 Attorneys for Defendant 2014-3 IH Borrower 12 13 14 15 16 17 18 19 20 21 ORDER IT IS HEREBY ORDERED that the above Stipulation to Continue Response Deadline to Bank of America’s Motion for Summary Judgment Concerning THR Nevada II's Cross-claims Against BANA (ECF No. 118) until April 30, 2020 is GRANTED. 13 Dated this ____ day of April, 2020. 22 ____________________________ Gloria M. Navarro, District Judge United States District Court 23 24 25 26 27 28 4 1 2 CERTIFICATE OF SERVICE I hereby certify that I am an employee of GERRARD COX LARSEN, and that on the 8th 3 day of April, 2020 and pursuant to Fed. R. Civ. P. 5, I e-served a true and correct copy of the 4 STIPULATION TO CONTINUE RESPONSE DEADLINE TO BANK OF AMERICA’S 5 MOTION FOR SUMMARY JUDGMENT via the Federal Courts CM/ECF Filing System, and 6 served the following parties addressed as follows: 7 8 9 2450 St. Rose Parkway, Suite 200 Henderson, Nevada 89074 (702) 796-4000 GERRARD, COX & LARSEN 10 11 12 13 14 15 16 17 Roger Croteau, Esq. Timothy Rhoda, Esq. ROGER P. CROTEAU & ASSOCIATES, LTD. Email: croteaulaw@croteaulaw.com Attorney for Plaintiff Las Vegas Development Group, LLC Matthew K. Schriever, Esq. HUTCHISON & STEFFEN Email: mschriever@hutchlegal.com Attorneys for Defendants, 2014-3IH BORROWER, LP Darren T. Brenner, Esq. Scott Lachman, Esq. AKERMAN, LLP. Email: ariel.stern@akerman.com Email: darren.brenner@akerman.com Attorneys for Defendant Bank of America, N.A. 18 19 20 21 22 23 24 25 26 27 28 5

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