Bank of America, N.A. v. Spanish Bay Homeowners Association et al

Filing 128

ORDER granting ECF No. 127 Stipulation. Litigation is stayed for 91 additional days, until Monday, August 10, 2020, and a telephonic status check is set for August 10, 2020 at 9:30 AM. Signed by Chief Judge Miranda M. Du on 5/12/2020. (Copies have been distributed pursuant to the NEF - AB)

Case 2:16-cv-00691-MMD-EJY Document 128 Filed 05/12/20 Page 1 of 2

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DARREN T. BRENNER, ESQ.
Nevada Bar No. 8386
HOLLY E. WALKER, ESQ.
Nevada Bar No. 14295
AKERMAN LLP
1635 Village Center Circle, Suite 200
Las Vegas, Nevada 89134
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
Email: [e-mail]

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Attorneys for Bank of America, N.A.

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

AKERMAN LLP

1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

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BANK OF AMERICA, N.A.,

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Case No.: 2:16-cv-00691-MMD-EJY

Plaintiff,

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v.

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SPANISH
BAY
HOMEOWNERS
ASSOCIATION; NEVADA ASSOCIATION
SERVICES, INC.; SFR INVESTMENTS POOL
1, LLC,

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Defendants.

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STIPULATION AND ORDER
TO STAY LITIGATION FOR
AN ADDITIONAL 90 DAYS

SFR INVESTMENTS POOL 1, LLC, a Nevada
limited liability company,

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Counterclaimant,
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v.
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BANK OF AMERICA, N.A., BANK OF
AMERICA, N.A., SUCCESSOR BY MERGER
TO BAC HOME LOANS SERVICING, LP FKA
COUNTRYWIDE
HOME
LOANS
SERVICING, LP; and JAMES CARLSON, an
individual,
Counterdefendants.

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Bank of America, N.A. (BANA) and SFR Investments Pool 1, LLC (SFR) have reached a

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settlement in principle and the settlement agreement has been executed by the parties.

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53072237;1

Case 2:16-cv-00691-MMD-EJY Document 128 Filed 05/12/20 Page 2 of 2

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The court previously stayed the proceedings between BANA and SFR, giving them until

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May 11, 2020 to file dismissal documents. (See ECF No. 122, March 2, 2020 minute entry.) The

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court granted BANA summary judgment on its quiet title/declaratory relief claim against Spanish

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Bay Homeowners Association (the HOA) and Nevada Association Services, Inc. (NAS) on March 4,

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2020. (See ECF No. 123, March 4, 2020 minute entry.) The court granted summary judgment to the

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HOA and NAS on BANA's other claims. The clerk entered judgment in the HOA and NAS's favor

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on the same day. (ECF No. 124.)

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Only BANA and SFR's claims remain. BANA and SFR need additional time to fulfill a

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condition precedent to settlement and stipulate to stay litigation for an additional 91 days1 to finalize

AKERMAN LLP

1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

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settlement.

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DATED: May 11, 2020.

DATED: May 11, 2020.

AKERMAN LLP

KIM GILBERT EBRON

/s/ Holly E. Walker
DARREN T. BRENNER, ESQ.
Nevada Bar No. 8386
HOLLY E. WALKER, ESQ.
Nevada Bar No. 14295
1635 Village Center Circle, Suite 200
Las Vegas, Nevada 89134

/s/ Diana S. Ebron
DIANA S. EBRON, ESQ.
Nevada Bar No. 10580
JACQUELINE A. GILBERT, ESQ.
Nevada Bar No. 10593
JASON G. MARTINEZ, ESQ.
Nevada Bar No. 13375
7625 Dean Martin Drive, Suite 110
Las Vegas, NV 89139

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Attorneys for Bank of America, N.A.

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Attorneys for SFR Investments Pool 1, LLC

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IT IS SO ORDERED that litigation is stayed for 91 additional days, until Monday,

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August 10
August 10, 2020, and a telephonic status check is set for _______________________, 2020 at
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9:30
_______ am/pm.

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UNITED STATES DISTRICT JUDGE
Case No.: 2:16-cv-00691-MMD-EJY

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May 12, 2020
DATE: ____________________

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90 days falls on Sunday, August 9, 2020.

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53072237;1