Ditech Financial, LLC v. Hollywood Highlands East Landscape Maintenance Association, Inc., et al

Filing 101

ORDER denying without prejudice 98 Motion for Partial Summary Judgment. See Order for details. ORDER granting 100 Stipulation to Stay Case Due to Settlement. THIS ACTION IS STAYED until 1/11/2021. Signed by Judge Jennifer A. Dorsey on 10/12/2020. (Copies have been distributed pursuant to the NEF - HAM)

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Case 2:16-cv-00298-JAD-NJK Document 100 Filed 10/09/20 Page 1 of 2 101 10/12/20 1 2 3 4 5 6 7 8 DIANA S. EBRON, ESQ. Nevada Bar No. 10580 E-mail: diana@hkimlaw.com JACQUELINE A. GILBERT, ESQ. Nevada Bar No. 10593 E-mail: jackie@hkimlaw.com KAREN L. HANKS, ESQ. Nevada Bar No. 9578 E-mail: karen@hkimlaw.com KIM GILBERT EBRON 7625 Dean Martin Drive, Suite 110 Las Vegas, Nevada 89139 Telephone: (702) 485-3300 Facsimile: (702) 485-3301 Attorneys for SFR Investments Pool 1, LLC 9 UNITED STATES DISTRICT COURT 10 DISTRICT OF NEVADA 12 (702) 485-3300 FAX (702) 485-3301 KIM GILBERT EBRON 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 11 DITECH FINANCIAL, LLC FKA GREEN TREE SERVICING, LLC, Case No. 2:16-cv-00298-JAD-NJK Plaintiff, 13 vs. 14 HOLLYWOOD HIGHLANDS EAST LANDSCAPE MAINTENANCE ASSOCIATION, INC.; NEVADA ASSOCIATION SERVICES, INC., SFR INVESTMENTS POOL 1, LLC, 15 16 Defendants. 17 18 19 Stipulation and Order Staying Case NOTICE OF SETTLEMENT AND Due to Settlement STIPULATION TO STAY PROCEEDINGS SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company, ECF Nos. 98, 100 Counter/Cross-Claimant, 20 vs. 21 DITECH FINANCIAL, LLC FKA GREEN TREE SERVICING, LLC; BENEFICIAL MORTGAGE CO. OF NEVADA, a Delaware corporation; HENRY DIAZ, an individual; and CORINA DIAZ, an individual, 22 23 24 Counter/Cross-Defendants. 25 PLEASE TAKE NOTICE that Ditech Financial, LLC fka Green Tree Servicing, LLC 26 (“Bank”) and SFR Investments Pool 1, LLC (“SFR”) have reached a global settlement involving 27 multiple properties, including the Property at issue in this case. The settlement will resolve all 28 claims between SFR and Bank. -154974221;1 Case 2:16-cv-00298-JAD-NJK Document 100 Filed 10/09/20 Page 2 of 2 101 10/12/20 1 2 Based on the confidential settlement agreement, the Bank and SFR have agreed to stay the litigation to allow for SFR to perform a condition precedent to the settlement. 3 Bank and Hollywood Highlands East Landscape Maintenance Association, Inc. (the 4 “Association”) have separately reached a settlement as to Bank's claims against the Association 5 and are in the process of finalizing the settlement agreement. 6 Accordingly, the Bank, SFR and the Association (collectively the “Parties”) hereby 7 stipulate to vacate any pending deadlines, and to stay further proceedings in this case for ninety 8 (90) days to finalize the settlements. The parties further request the court set a deadline for filing 9 a status report regarding the settlement for ninety (90) from the entry of this Stipulation and Order. 10 This request to stay is being made in the interest of preserving judicial resources and, as set forth above, on the basis of a material term of the Settlement Agreement. 12 (702) 485-3300 FAX (702) 485-3301 KIM GILBERT EBRON 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NEVADA 89139 11 13 14 15 16 17 18 19 20 21 22 23 24 DATED this 9th day of October, 2020. KIM GILBERT EBRON DATED this 9th day of October, 2020. AKERMAN LLP /s/ Jason G. Martinez JASON G. MARTINEZ, ESQ. Nevada Bar No. 13375 7625 Dean Martin Drive, Suite 110 Las Vegas, Nevada 89139 Attorneys for SFR Investments Pool 1, LLC /s/ Jamie K. Combs JAMIE K. COMBS, ESQ. Nevada Bar No. 13088 1635 Village Center Circle, Suite 200 Las Vegas, NV 89134 Attorneys for Ditech Financial, LLC fka Green Tree Servicing, LLC DATED this 9th day of October, 2020. LIPSON NEILSON PC /s/ Amber M. Williams________________ KALEB D. ANDERSON, ESQ. Nevada Bar No. 7582 AMBER M. WILLIAMS, ESQ. Nevada Bar No. 12301 Lipson Neilson PC 9900 Covington Cross Drive, Suite 120 Las Vegas, NV 89144 Attorneys for Hollywood Highlands East Landscape Maintenance Association, Inc. 25 26 ORDER Based on the parties' stipulation [ECF No. 100] and good cause appearing, IT IS HEREBY ORDERED that THIS ACTION IS STAYED until January 11, 2021, to permit the parties to finalize their settlements. The Bank's motion for partial summary judgment [ECF No. 98] is DENIED without prejudice to its IT IS SO ORDERED. reassertion within 10 days of the stay lifting, ___________________________________ in the event that the settlements are not UNITED completed. STATES DISTRICT JUDGE 27 28 -254974221;1 DATED: ___________________________ ________________________________ U.S. District Judge Jennifer A. Dorsey Dated: October 12, 2020

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