Bank of America, N.A. v. Ridgeview Homeowners Association, Inc., et al

Filing 89

ORDER. IT IS HEREBY ORDERED, ADJUDGED, and DECREED that 85 parties' joint motion for stay pending settlement be, and the same hereby is, GRANTED. IT IS FURTHER ORDERED that the instant action is STAYED. IT IS FURTHER ORDERED that the parties shall submit a joint stipulation to dismiss pursuant to settlement agreement or a joint status report on or before 1/17/2020. Signed by Judge James C. Mahan on 1/6/2020. (Copies have been distributed pursuant to the NEF - JQC)

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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***

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BANK OF AMERCA, N.A.,

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Plaintiff(s),

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Case No. 2:16-CV-2211 JCM (NJK)
ORDER

v.
RIDGEVIEW HOMEOWNERS
ASSOCIATION, INC., et al.,
Defendant(s).

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Presently before the court is plaintiff Bank of America, N.A. (“BANA”) and defendants

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Ridgeview Homeowners Association, Inc. (the “HOA”) and A Scimitar LLC’s (“Scimitar”) joint
motion for stay pending settlement. (ECF No. 85).
The parties represent in the instant motion that they are “now close to reaching a settlement

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and are in the process of memorializing the terms of that settlement into a written agreement.”
(ECF No. 85 at 1). The parties request a 30-day stay so that they “can finalize and execute a
settlement agreement and stipulate to the dismissal of the case, in order to avoid additional briefing
costs that will be unnecessary once the settlement is finalized.” Id. at 2.
The court grants the parties’ joint motion. Rather than stay the case for only 30 days, the

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James C. Mahan
U.S. District Judge

court orders the parties to file a joint stipulation to dismiss pursuant to settlement agreement on or
before January 10, 2020. If the parties have not reached a settlement, they are instructed to file a
joint status report. If the parties cannot reach a settlement, any party may file a motion to lift the
stay.
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...

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Accordingly,

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IT IS HEREBY ORDERED, ADJUDGED, and DECREED that parties’ joint motion for

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stay pending settlement (ECF No. 85) be, and the same hereby is, GRANTED.

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IT IS FURTHER ORDERED that the instant action is STAYED.

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IT IS FURTHER ORDERED that the parties shall submit a joint stipulation to dismiss

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pursuant to settlement agreement or a joint status report on or before January 17, 2020.
DATED January 6, 2020.

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__________________________________________
UNITED STATES DISTRICT JUDGE

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James C. Mahan
U.S. District Judge

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