Wilmington Trust, N.A. v LVDG II

Filing 26

ORDER granting 25 Stipulation of Dismissal with prejudice; Signed by Judge Richard F. Boulware, II on 7/18/2019. (Copies have been distributed pursuant to the NEF - JM)

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1 Abran E. Vigil Nevada Bar No. 7548 2 Justin A. Shiroff Nevada Bar No. 12869 3 BALLARD SPAHR LLP 1980 Festival Plaza Drive, Suite 900 4 Las Vegas, Nevada 89135 Telephone: (702) 471-7000 5 Facsimile: (702) 471-7070 vigila@ballardspahr.com 6 shiroffj@ballardspahr.com 7 Attorneys for Plaintiff Wilmington Trust, N.A., Successor Trustee to Citibank, N.A., 8 as Trustee F/B/O Holders of Structured Asset Mortgage Investments II, Inc., Bear 9 Stearns Alt-A Trust 2007-2, Mortgage Pass-Through Certificates, Series 2007-2 10 (702) 471-7000 FAX (702) 471-7070 UNITED STATES DISTRICT COURT 12 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 11 DISTRICT OF NEVADA 13 14 15 16 17 18 19 20 21 22 WILMINGTON TRUST, N.A., SUCCESSOR TRUSTEE TO CITIBANK, N.A., AS TRUSTEE F/B/O HOLDERS OF STRUCTURED ASSET MORTGAGE INVESTMENTS II, INC., BEAR STEARNS ALT-A TRUST 2007-2, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-2, STIPULATION AND ORDER TO DISMISS WITH PREJUDICE Plaintiff, vs. LAS VEGAS DEVELOPMENT GROUP LLC, a Nevada limited liability company; LAMPLIGHT ESTATES @ CENTENNIAL SPRINGS HOMEOWNER’S ASSOCIATION, a Nevada non-profit corporation, Defendants. 23 24 Case No. 2:16-cv-01622-RFB-VCF Plaintiff Wilmington Trust, N.A., Successor Trustee to Citibank, N.A., as 25 Trustee F/B/O Holders of Structured Asset Mortgage Investments II, Inc., Bear 26 Stearns Alt-A Trust 2007-2, Mortgage Pass-Through Certificates, Series 2007-2 27 (“Wilmington Trust”), Defendant Las Vegas Development Group LLC (“LVDG”) and 28 DMWEST #38054778 v1 1 Defendant Lamplight Estates @ Centennial Springs Homeowner’s Association (the 2 “HOA”) (collectively, the “Parties”) hereby stipulate as follows: 3 1. This action concerns title to real property commonly known as 7760 4 Shire Court, Las Vegas, Nevada 89131, APN 125-15-210-033 (the “Property”) 5 following a homeowner’s association foreclosure sale conducted on July 13, 2012, with 6 respect to the Property. 7 2. As it relates to the Parties, a dispute arose regarding that certain Deed 8 of Trust recorded against the Property in the Official Records of Clark County, 9 Nevada as Instrument Number 20061229-0002491 (“Deed of Trust”), and in 10 particular, whether the Deed of Trust continues to encumber the Property. 11 3. The Parties to this Stipulation have settled and agreed to release their (702) 471-7000 FAX (702) 471-7070 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 12 respective claims, and further agreed that all claims between them shall be 13 DISMISSED with prejudice; 14 4. The Parties further stipulate and agree that a copy of this Stipulation 15 and Order may be recorded with the Clark County Recorder; and 16 (Remainder of Page Intentionally Left Blank) 17 18 19 20 21 22 23 24 25 26 27 28 2 DMWEST #38054778 v1 1 5. Each party in this case number 2:16-cv-01622-RFB-VCF shall bear its 2 own attorneys’ fees and costs. 3 4 DATED: July 17, 2019 BALLARD SPAHR LLP DATED: July 17, 2019 GORDON & REES LLP /s/ Justin A. Shiroff Abran E. Vigil Nevada Bar No. 7548 Justin A. Shiroff Nevada Bar No. 9643 1980 Festival Plaza Drive Suite 900 Las Vegas, Nevada 89135 /s/ Wing Yan Wong Robert S. Larsen Nevada Bar No. 7785 Wing Yan Wong Nevada Bar No. 13622 300 South Fourth Street Suite 1550 Las Vegas, Nevada 89101 Attorneys for Defendant Lamplight Estates @ Centennial Springs Homeowner’s Association 13 Attorneys for Plaintiff Wilmington Trust, N.A., Successor Trustee to Citibank, N.A., as Trustee F/B/O Holders of Structured Asset Mortgage Investments II, Inc., Bear Stearns Alt-A Trust 2007-2, Mortgage PassThrough Certificates Series 2007-2 14 DATED: July 16, 2019 15 ROGER P. CROTEAU & ASSOCIATES, LTD 16 /s/ Timothy Rhoda Roger P. Croteau, Esq. Nevada Bar No. 4958 Timothy E. Rhoda, Esq. Nevada Bar No. 7878 9120 West Post Road, Suite 100 Las Vegas, Nevada 89148 5 6 7 8 9 10 11 (702) 471-7000 FAX (702) 471-7070 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 12 17 18 19 20 21 Attorneys for Defendant Las Vegas Development Group LLC 22 23 24 IT IS SO ORDERED. 25 ________________________________ _______________________________________ RICHARD F. BOULWARE, IIJUDGE UNITED STATES DISTRICT UNITED STATES DISTRICT JUDGE 26 27 DATED: ___________________ DATED this 18th day of July, 2019. 28 3 DMWEST #38054778 v1

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