Wells Fargo Bank, N.A. v. SFR Investments Pool 1, LLC et al

Filing 42

ORDER denying 39 Motion to Stay.; Status Report due by 5/4/2017. Signed by Judge James C. Mahan on 2/16/2017. (Copies have been distributed pursuant to the NEF - JM)

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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***

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WELLS FARGO BANK, N.A.,

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Case No. 2:16-CV-2257 JCM (CWH)
Plaintiff(s),

ORDER

v.
SFR INVESTMENTS POOL I, LLC, et al.,

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Defendant(s).

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Presently before the court is the matter of Wells Fargo Bank, N.A. v. SFR
Investments Pool 1, LLC et al., case number 2:16-cv-02257-JCM-CWH.

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The court granted the parties’ stipulation, wherein they stipulated to stay all proceedings

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in the instant case pending final resolution of certiorari proceedings before the United States

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Supreme Court for Bourne Valley Court Trust v.Wells Fargo Bank, N.A., 832 F.3d 1154 (9th Cir.

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2016), and Saticoy Bay LLC Series 350 Durango 104 v. Wells Fargo Home Mortgage, a Div. of

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Wells Fargo Bank, N.A., 133 Nev. Adv. Op. 5, --- P.3d ----, 2017 WL 398426 (Nev. Jan. 26, 2017).

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(ECF Nos. 40, 41).

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The deadline to file a petition for certiorari in Bourne Valley is March 6, 2017, whereas the
deadline in Saticoy Bay is April 26, 2017. (ECF No. 40 at 3).

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If a petition for certiorari is filed in either case, the parties shall file a status report no later

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than May 4, 2017, and shall file a status report every 60 days thereafter until the final resolution

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of certiorari proceedings.

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If no petitions are filed, the instant stay will be lifted on May 4, 2017, and on that same

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date, the parties shall file a joint status report proposing new deadline dates for the matters

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impacted by the stay.

James C. Mahan
U.S. District Judge

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Accordingly,

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IT IS HEREBY ORDERED that the parties shall file a status report no later than May 4,

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2017, consistent with the foregoing.
IT IS FURTHER ORDERED that SFR’s countermotion to stay (ECF No. 39) be, and the
same hereby is, DENIED as moot.
DATED February 16, 2017.
__________________________________________
UNITED STATES DISTRICT JUDGE

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James C. Mahan
U.S. District Judge

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