HSBC Bank USA, National Association v. Thunder Properties, Inc. et al

Filing 51

ORDER re: 50 Joint Status Report. The settling parties shall have until February 23, 2018, to either file a stipulation to dismiss with prejudice, or a joint status report advising when the stipulation to dismiss will be filed. Signed by Magistrate Judge Peggy A. Leen on 1/10/2018. (Copies have been distributed pursuant to the NEF - MMM)

Case 2:16-cv-00356-JCM-PAL Document 50 Filed 01/09/18 Page 1 of 2

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WRIGHT, FINLAY & ZAK, LLP
Dana Jonathon Nitz, Esq.
Nevada Bar No. 0050
Lindsay D. Robbins, Esq.
Nevada Bar No. 13474
7785 W. Sahara Avenue, Suite 200
Las Vegas, NV 89117
[phone]; Fax: [phone]
[e-mail]
Attorneys for Plaintiff HSBC Bank USA, National Association, as Trustee, in Trust for the
Registered Holders of Ace Securities Corp., Home Equity Home Loan Trust, Series 2006-NC3,
Asset-Backed Pass Through Certificates

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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HSBC BANK USA, NATIONAL
ASSOCIATION, AS TRUSTEE IN TRUST
FOR THE REGISTERED HOLDERS OF
ACE SECURITIES CORP., HOME EQUITY
HOME LOAN TRUST, SERIES 2006-NC3,
ASSET-BACKED PASS THROUGH
CERTIFICATES,

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JOINT STATUS REPORT

Plaintiff,

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Case No.: 2:16-CV-00356-JCM-PAL

vs.
THUNDER PROPERTIES, INC., a Nevada
corporation; EAGLE CANYON ESTATES
ASSOCIATION, a Nevada non-profit
corporation,
Defendants.

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Plaintiff, HSBC Bank USA, National Association, as Trustee, in Trust for the Registered

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Holders of Ace Securities Corp., Home Equity Home Loan Trust, Series 2006-NC3, Asset-

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Backed Pass Through Certificates (hereinafter “HSBC Bank”), Defendant, Thunder Properties,

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Inc. (hereinafter “Thunder Properties”), and Defendant, Eagle Canyon Estates Association

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(hereinafter “Eagle Canyon”) (collectively, “the Parties”), by and through their attorneys of

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record, hereby submit the following status report as instructed by the Court pursuant to Court

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Case 2:16-cv-00356-JCM-PAL Document 50 Filed 01/09/18 Page 2 of 2

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Order [ECF No. 49].

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The Parties are currently finalizing a global settlement agreement, which has been

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drafted by HSBC Bank and reviewed and revised by Thunder Properties and Eagle Canyon.

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HSBC Bank is currently reviewing the proposed revisions.

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approved and signed by all Parties, a Stipulation for Dismissal will be filed with the Court. The

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Parties request an additional forty-five (45) days to finalize the settlement in this action.

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DATED this 9th day of January, 2018.

DATED this 9th day of January, 2018.

WRIGHT, FINLAY & ZAK, LLP
/s/ Lindsay D. Robbins, Esq.
Lindsay D. Robbins, Esq.
Attorney for Plaintiff

ROGER P. CROTEAU & ASSOCIATES, LTD.
/s/ Timothy E. Rhoda, Esq.
Timothy E. Rhoda, Esq.
Attorney for Defendant, Thunder Properties, Inc.

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Once the final agreement is

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DATED this 9th day of January, 2018.
LIPSON, NEILSON, COLE SELTZER &
GARIN, P.C.
/s/ Megan H. Hummel, Esq.
Megan H. Hummel, Esq.
Attorney for Defendant, Eagle Canyon
Estates Association

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IT IS ORDERED that the settling parties shall have until February 23, 2018, to
either file a stipulation to dismiss with prejudice, or a joint status report advising when
the stipulation to dismiss will be filed.

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Dated: January 10, 2018

____________________________
Peggy A. Leen
United States Magistrate Judge

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