The Bank of New York Mellon v. Manchester at Huntington Homeowners Association et al

Filing 85

ORDER Granting 84 Stipulation for Extension of Time re 79 Minute Order (Second Request). Dismissal papers must be filed by 9/18/2020. Signed by Magistrate Judge Nancy J. Koppe on 7/21/2020. (Copies have been distributed pursuant to the NEF - MR)

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Case 2:16-cv-02175-JAD-NJK Document 84 Filed 07/20/20 Page 1 of 4 85 07/21/20 3 1 2 3 4 5 6 7 8 DIANA S. EBRON, ESQ. Nevada Bar No. 10580 E-mail: diana@kgelegal.com JACQUELINE A. GILBERT, ESQ. Nevada Bar No. 10593 E-mail: jackie@kgelegal.com KAREN L. HANKS, ESQ. Nevada Bar No. 9578 E-mail: karen@kgelegal.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 UNITED STATES DISTRICT COURT 9 DISTRICT OF NEVADA 10 11 (702) 485-3300 FAX (702) 485-3301 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NV 89139 KIM GILBERT EBRON 12 13 THE BANK OF NEW YORK MELLON Case No. 2:16-cv-02175-JAD-NJK F/K/A THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATEHOLDERS OF CWABS, INC., STIPULATION AND ORDER TO EXTEND ASSET BACKED CERTIFICATES, SERIES DEADLINE TO FILE DISMISSAL 2005-AB2, 14 Plaintiff, 15 vs. 16 MANCHESTER AT HUNTINGTON HOMEOWNERS ASSOCIATION; SFR INVESTMENTS POOL 1, LLC; and RMI MANAGEMENT LLC DBA RED ROCK FINANCIAL SERVICES, 17 18 19 20 21 Defendants. MANCHESTER AT HUNTINGTON HOMEOWNERS ASSOCIATION, Cross-Claimant, 22 23 vs. 24 RMI MANAGEMENT LLC DBA RED ROCK FINANCIAL SERVICES, LLC, 25 Cross-Defendant. 26 SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company, 27 28 Counterclaimant/Cross-Claimant, -1- Case 2:16-cv-02175-JAD-NJK Document 84 Filed 07/20/20 Page 2 of 4 85 07/21/20 3 1 2 3 4 5 6 vs. THE BANK OF NEW YORK MELLON F/K/A THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATEHOLDERS OF CWABS, INC., ASSET BACKED CERTIFICATES, SERIES 2005-AB2; U.S. BANK NATIONAL ASSOCIATION AS TRUSTEE FOR JPMORGAN MORTGAGE ACQUISITION TRUST 2006-CW1; and LEVON ADJARIAN, an individual, 7 8 9 Counter-Defendant/Cross-Defendants. RMI MANAGEMENT LLC DBA RED ROCK FINANCIAL SERVICES, Cross-Claimant, 10 11 (702) 485-3300 FAX (702) 485-3301 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NV 89139 KIM GILBERT EBRON 12 13 vs. MANCHESTER AT HUNTINGTON HOMEOWNERS ASSOCIATION, Cross-Defendant. 14 15 STIPULATION AND ORDER TO EXTEND DEADLINE TO FILE DISMISSAL 16 The Bank of New York Mellon f/k/a The Bank of New York, as Trustee for the 17 Certificateholders of CWABS, Inc., Asset Backed Certificates, Series 2005-AB2 (“BoNYM”) 18 and SFR Investments Pool 1, LLC (“SFR”) by and through their counsel of record, have reached 19 a settlement in principle as to the claims between BoNYM and SFR and the settlement agreement 20 has been executed.. Additionally, Manchester at Huntington Homeowners Association 21 (“Association”) and BoNYM continue settlement discussions. 22 In the parties April 21, 2020, Joint Response to the Order filed January 23, 2020, the Parties 23 requested an extension to July 20, 2020, to file a status report or dismissal documents. This 24 extension was to allow SFR to perform a condition precedent to the global settlement between 25 SFR and Bank of America, which encompasses the property at issue in this litigation. It was also 26 to allow continued settlement discussions between the Association and BoNYM. A minute order 27 granting the extension was entered on April 22, 2020. 28 -2- Case 2:16-cv-02175-JAD-NJK Document 84 Filed 07/20/20 Page 3 of 4 85 07/21/20 3 1 Due to the ongoing Covid-19 crisis, SFR has been unable to complete the settlement 2 condition precedent and Bank of America has agreed to extend the time to complete it. Therefore, 3 the parties hereby stipulate and agree to extend the deadline to dismiss an additional sixty (60) 4 days to September 18, 2020. This will allow additional time for SFR to complete the condition 5 precedent to the settlement as well as allow BoNYM and Association to continue settlement 6 discussions. 7 8 9 This is the parties’ second request to extend the status report/dismissal deadline and is not meant to cause harm or prejudice to any party. DATED this __20th__ day of July, 2020. KIM GILBERT EBRON DATED this _20th___ day of July, 2020. AKERMAN, LLP /s/ Diana S. Ebron Diana S. Ebron, Esq. Nevada Bar No. 10580 7625 Dean Martin Dr., Suite 110 Las Vegas, Nevada 89139 Phone: (702) 485-3300 Fax: (702) 485-3301 Attorneys for SFR Investments Pool 1, LLC /s/Nicholas E. Belay Nicholas E. Belay, Esq. Nevada Bar No. 15175 1635 Village Center Circle, Suite 200 Las Vegas, NV 89134 Phone: (702) 634-5000 Fax: (702) 380-8572 Attorneys for The Bank of New York Mellon 10 11 (702) 485-3300 FAX (702) 485-3301 7625 DEAN MARTIN DRIVE, SUITE 110 LAS VEGAS, NV 89139 KIM GILBERT EBRON 12 13 14 15 16 17 18 19 20 21 22 DATED this _20th___ day of July, 2020. LEACH KERN GRUCHOW ANDERSON SONG /s/ Ryan D. Hastings Ryan D. Hastings. Nevada Bar No. 12394 E-mail: rhastings@lkglawfirm.com 2525 Box Canyon Drive Las Vegas, NV 89128 Telephone: (702) 538-9074 Facsimile: (702) 538-9113 Attorneys for Manchester at Huntington Homeowners Association 23 ORDER 24 NO FURTHER EXTENSIONS WILL BE GRANTED. IT IS SO ORDERED. 25 Dated: July 21, 2020___________, 2020. Dated this ____ day of 26 27 ________________________________ UNITED STATES JUDGE Judge United States Magistrate 28 -3-

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