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

Filing 99

ORDER Granting 98 Motion to Extend Time. (Proposed Joint Pretrial Order due by 6/30/2017.) Signed by Magistrate Judge Carl W. Hoffman on 6/5/17. (Copies have been distributed pursuant to the NEF - ADR)

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1 2 3 4 5 6 7 8 9 ARIEL E. STERN, ESQ. Nevada Bar No. 8276 VATANA LAY, ESQ. Nevada Bar No. 12570 JESSE A. RANSOM, ESQ. Nevada Bar No. 13565 AKERMAN LLP 1160 Town Center Drive, Suite 330 Las Vegas, NV 89144 Telephone: (702) 634-5000 Facsimile: (702) 380-8572 Email: ariel.stern@akerman.com vatana.lay@akerman.com jesse.ransom@akerman.com Attorneys for Plaintiff and Counter-Defendant Bank of America, N.A. 10 UNITED STATES DISTRICT COURT AKERMAN LLP 1160 TOWN CENTER DRIVE, SUITE 330 LAS VEGAS, NEVADA 89144 TEL.: (702) 634-5000 – FAX: (702) 380-8572 11 DISTRICT OF NEVADA 12 13 14 15 BANK OF AMERICA, N.A., successor by merger to BAC HOME LOANS SERVICING, LP FKA COUNTRYWIDE HOME LOANS SERVICING, LP Plaintiff, 16 17 18 19 20 vs. SFR INVESTMENTS POOL 1, LLC; DAVYN RIDGE HOMEOWNERS ASSOCATION; THOMAS JESSUP, LLC; DOE INDIVIDUALS I-X, inclusive, and ROE CORPORATIONS I-X, inclusive, and all related claims. Bank of America, N.A., SFR Investments Pool 1, LLC, Davyn Ridge Homeowners 23 24 25 26 27 28 JOINT MOTION TO CONTINUE DEADLINE FOR FILING PROPOSED PRE-TRIAL ORDER Defendants. 21 22 Case No.: 2:15-cv-01768-JCM-CWH Association, Thomas Jessup, LLC, and Daunshari Wong-Culotta hereby jointly move for a continuance of the deadline to file the joint pre-trial order. This is the third request for a continuance of this deadline. ... ... 1 1 I. PROCEDURAL HISTORY 2 This case is one of several hundred in Nevada arising from the purchase of a property at a 3 homeowners' association's non-judicial foreclosure sale. The parties in this matter filed dispositive 4 motions on their various claims. The Court on February 14, 2017, denied all pending dispositive 5 motions and ordered that a pre-trial order be filed on or before March 16, 2017 [88]. 6 Two days before the proposed pre-trial order was due Third Third-party defendant Dunshari 7 Wong Culotta filed a motion to alter or amend order ECF No. 88 pursuant to Rule 59(e). On March 8 16, 2017 the parties filed a joint motion continue the deadline to file the pre-trial order so that the 9 Court could decide the motion to alter or amend [91]; the Court granted that motion the following 10 day and set the deadline to March 31, 2017 [92]. AKERMAN LLP 1160 TOWN CENTER DRIVE, SUITE 330 LAS VEGAS, NEVADA 89144 TEL.: (702) 634-5000 – FAX: (702) 380-8572 11 Counsel for all of the parties personally met and conferred at the office of Bank of America's 12 counsel on March 28, 2017. At this meeting, which lasted nearly two hours, the parties' counsel 13 discussed the various issues relating to the proposed joint pre-trial order and reached agreement that 14 a continuance was in the best interest of the parties and the court. Additionally, the several of the 15 parties began settlement discussions, which if successful, would narrow the issues at trial. Thus, on 16 March 31, 2017, the parties filed the second request to continue the deadline for filing the proposed 17 pre-trial order [96]; the Court granted that request and set the new deadline to June 2, 2017 [97]. 18 II. GOOD CAUSE EXISTS TO CONTINUE THE DEADLINE 19 Since March 31, 2017, the parties engaged in settlement have made significant progress to 20 resolve the claims between them, however, the parties believe that additional time to complete the 21 proposed pre-trial order is still warranted. 22 ... 23 ... 24 ... 25 ... 26 ... 27 ... 28 ... 2 1 First, there continue to be ongoing settlement negotiations between Jessup and Ms. Wong- 2 Culotta and their counsel have reached a an agreement in principle on the material terms. During this 3 time Ms. Wong-Cullota and Jessup have been attempting to reach a global settlement involving this 4 and other disputes outside this litigation. The complex nature of the various disputes required 5 additional time. Second, Jessup has requested that Bank of America release its claims against it in 6 exchange for Jessup's disclaimer of interest. Now that Ms. Wong-Cullota and Jessup have reached 7 an agreement in principle, Bank of America needs additional time to discuss the terms of settlement 8 with Jessup and the potential impact on the trial. of this case. The issues to be presented at trial would be greatly simplified if (a) Jessup and Ms. 11 AKERMAN LLP For these reasons, the parties believe a continuance would further the efficient administration 10 1160 TOWN CENTER DRIVE, SUITE 330 LAS VEGAS, NEVADA 89144 TEL.: (702) 634-5000 – FAX: (702) 380-8572 9 Wong-Culotta reach settlement, and/or (b) Bank of America reaches agreement with Jessup. The 12 parties will have additional time to fully and carefully prepare the pre-trial order to address the 13 remaining issues in this case, which will allow the court to more efficiently try this matter. The 14 parties have made a good-faith effort to resolve the various claims, and no party will be prejudice by 15 the requested extension. This request is not made for purpose of delay or to prejudice any party. 16 ... 17 ... 18 ... 19 ... 20 ... 21 ... 22 ... 23 ... 24 ... 25 ... 26 ... 27 ... 28 ... 3 1 2 3 The parties accordingly move to extend the deadline for the submission of the proposed joint pre-trial order to June 30, 2017. Dated this 2nd day of June, 2017. 4 AKERMAN LLP MARQUIS AURBACH COFFING /s/ Patrick McDonnell, Esq. PATRICK MCDONNELL, ESQ. Nevada Bar No. 13188 10001 Park Run Drive Las Vegas, Nevada 89145 Telephone: (702) 382-0711 Attorneys for Daunshari Wong-Culotta 10 /s/ Jesse A. Ransom, Esq. ARIEL STERN, ESQ. Nevada Bar No. 8276 VATANA LAY, ESQ. Nevada Bar No. 12993 JESSE A. RANSOM, ESQ. Nevada Bar No. 13565 1160 Town Center Drive, Suite 330 Las Vegas, Nevada 89144 Telephone: (702) 634-5000 11 Attorneys for Bank of America, N.A. 5 6 7 8 AKERMAN LLP 1160 TOWN CENTER DRIVE, SUITE 330 LAS VEGAS, NEVADA 89144 TEL.: (702) 634-5000 – FAX: (702) 380-8572 9 12 13 14 15 16 17 18 19 20 21 LEACH JOHNSON SONG & GRUCHOW MORTENSON & RAFIE /s/ Ryan D. Hastings, Esq. SEAN L. ANDERSON, ESQ. Nevada Bar No. 7529 RYAN D. HASTINGS, ESQ. Nevada Bar No. 12394 8945 W. Russell Road, Suite 330 Las Vegas, Nevada 89148 Telephone: (702) 538-9074 /s/ Peter Mortenson, Esq. PETER MORTENSON, ESQ. Nevada Bar No. 5725 10781 West Twain Avenue Las Vegas, Nevada 89135 Telephone: (702) 363-4190 Attorneys for Thomas Jessup, LLC Attorneys for Davyn Ridge Homeowners' Association KIM GILBERT EBRON 26 /s/ Karen L. Hanks, Esq. DIANA CLINE EBRON, ESQ. Nevada Bar No. 10580 JACQUELINE A. GILBERT, ESQ. Nevada Bar No. 10593 KAREN L. HANKS, ESQ. Nevada Bar No. 009578 7625 Dean Martin Drive, Suite 110 Las Vegas, Nevada 89139 Telephone: (702) 485-3300 27 Attorneys for SFR Investments Pool 1, LLC 22 23 24 25 June 5, 2017 28 4

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