Bank of New York Mellon v. Southern Highlands Community Association et al

Filing 59

ORDER Granting 58 Stipulation of Dismissal as to Defendant Southern Highlands Community Association. Signed by Judge James C. Mahan on 10/3/17. (Copies have been distributed pursuant to the NEF - ADR)

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Case 2:16-cv-00523-JCM-CWH Document 58 Filed 09/28/17 Page 1 of 4 1 2 3 4 5 6 7 8 9 10 AKERMAN LLP 1160 TOWN CENTER DRIVE, SUITE 330 LAS VEGAS, NEVADA 89144 TEL.: (702) 634-5000 – FAX: (702) 380-8572 11 ARIEL E. STERN, ESQ. Nevada Bar No. 8276 DARREN T. BRENNER, ESQ. Nevada Bar No. 8386 JESSE A. RANSOM, ESQ. Nevada Bar No. 13535 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 darren.brenner@akerman.com jesse.ransom@akerman.com Attorneys for the Bank of New York Mellon f/k/a The Bank of New York, as Trustee for the Certificateholders CWALT, Inc., Alternative Loan Trust 2006-OA21, Mortgage Pass-Through Certificates, Series 2006-OA21 UNITED STATES DISTRICT COURT DISTRICT OF NEVADA 12 13 14 15 16 THE BANK OF NEW YORK MELLON FKA THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATEHOLDERS CWALT, INC., ALTERNATIVE LOAN TRUST 2006OA21, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-OA21, 17 18 19 20 Case No.: 2:16-cv-00523-JCM-CWH STIPULATION AND ORDER OF DISMISSAL WITHOUT PREJUDICE AS TO ALL CLAIMS AGAINST SOUTHERN HIGHLANDS COMMUNITY ASSOCIATION Plaintiffs, vs. SOUTHERN HIGHLANDS COMMUNITY ASSOCIATION; GREY SPENCER DR TRUST; ALESSI & KOENIG, LLC, Defendants. 21 22 23 24 25 26 27 28 1 42384448;2 Case 2:16-cv-00523-JCM-CWH Document 58 Filed 09/28/17 Page 2 of 4 1 GREY SPENCER DR TRUST, 2 Counterclaimant, 3 vs. 4 THE BANK OF NEW YORK MELLON FKA THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATEHOLDERS CWALT, INC., ALTERNATIVE LOAN TRUST 2006OA21, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-OA21, 5 6 7 8 Counterdefendant. 9 Plaintiff the Bank of New York Mellon f/k/a The Bank of New York, as Trustee for the 10 AKERMAN LLP 1160 TOWN CENTER DRIVE, SUITE 330 LAS VEGAS, NEVADA 89144 TEL.: (702) 634-5000 – FAX: (702) 380-8572 11 12 13 Certificateholders CWALT, Inc., Alternative Loan Trust 2006-OA21, Mortgage Pass-Through Certificates, Series 2006-OA21 (BNYM) and defendant Southern Highlands Community Association (Southern Highlands) through their respective counsel, stipulate as follows. 1. 14 15 prejudice, each side to bear its own fees and costs. 2. 16 17 18 19 20 23 24 25 26 27 Should BNYM prevail on its claim against defendant Grey Spencer Dr Trust (Grey Spencer) pursuant to Bourne Valley Court Tr. v. Wells Fargo Bank, N.A., 832 F.3d 1154 (9th Cir. 2016), cert. denied 582 U.S. --- (June 26, 2017), and obtain a judgment preserving its interest in the deed of trust at issue in BNYM's complaint, upon the exhaustion of all appeals, the dismissal of the claims against Southern Highlands will become "with prejudice." 3. 21 22 All claims asserted by BNYM against Southern Highlands will be dismissed without Should BNYM not prevail on its claim against Grey Spencer, upon the exhaustion of all appeals, BNYM will have six months from the date of any such final order to reinitiate claims against Southern Highlands. Should BNYM not reinitiate its claims against Southern Highlands in that time period, the dismissal of the claims against Southern Highlands will become "with prejudice." // // // 28 2 42384448;2 Case 2:16-cv-00523-JCM-CWH Document 58 Filed 09/28/17 Page 3 of 4 1 4. Any statute of limitations on any and all claims against Southern Highlands shall be 2 tolled from the date the complaint was filed, on March 9, 2016, until the expiration of the six-month 3 period described in the preceding paragraph. 4 5 6 7 8 9 10 AKERMAN LLP 1160 TOWN CENTER DRIVE, SUITE 330 LAS VEGAS, NEVADA 89144 TEL.: (702) 634-5000 – FAX: (702) 380-8572 11 Dated this 21st day of July, 2017. ALVERSON, TAYLOR, MORTENSEN & SANDERS AKERMAN LLP /s/Kurt R. Bonds, Esq._______________ KURT R. BONDS, ESQ. Nevada Bar No. 006228 /s/ Darren T. Brenner, Esq. DARREN T. BRENNER, ESQ. Nevada Bar No. 8386 JESSE A. RANSOM, ESQ. Nevada Bar No.13535 AKERMAN LLP 1160 Town Center Drive, Suite 330 Las Vegas, Nevada 89144 6605 Grand Montecito Parkway Suite 200 Las Vegas, Nevada 89149 Telephone: (702) 384-7000 Attorney for Defendant Southern Highlands Community Association Attorneys for Plaintiff 12 13 14 ORDER IT IS SO ORDERED. 15 16 ______________________________________ DISTRICT COURT JUDGE UNITED STATES DISTRICT JUDGE 17 18 October 3, 2017 DATED:_______________________________ 19 20 21 22 23 24 25 26 27 28 3 42384448;2 Case 2:16-cv-00523-JCM-CWH Document 58 Filed 09/28/17 Page 4 of 4 CERTIFICATE OF SERVICE 1 2 I HEREBY CERTIFY that on the 28th day of September, 2017, service of the foregoing 3 STIPULATION AND ORDER OF DISMISSAL WITHOUT PREJUDICE AS TO ALL 4 CLAIMS AGAINST SOUTHERN HIGHLANDS COMMUNITY ASSOCIATION, was made 5 pursuant to FRCP 5(b) and electronically transmitted to the Clerk's Office using the CM/ECF system 6 for filing and transmittal to all interested parties. 7 8 9 ALVERSON, TAYLOR, MORTENSEN & SANDERS KURT R. BONDS, ESQ. Nevada Bar No. 006228 AKERMAN LLP 6605 Grand Montecito Parkway Suite 200 Las Vegas, Nevada 89149 11 1160 TOWN CENTER DRIVE, SUITE 330 LAS VEGAS, NEVADA 89144 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 Telephone: (702) 384-7000 Attorney for Defendant Southern Highlands Community Association 12 Attorneys for Southern Highlands Community Association 13 Michael F. Bohn Law Office of Michael F. Bohn 376 East Warm Springs Rd., Ste. #140 Las Vegas, NV 89119 702-642-3113 Fax: 702 642-9766 Email: mbohn@bohnlawfirm.com 14 15 16 17 18 Attorney for Grey Spencer Trust 19 /s/ Jill Sallade An employee of AKERMAN LLP 20 21 22 23 24 25 26 27 28 4 42384448;2

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