U.S. Bank N.A. v. Capitol Reef Revocable Trust, et al

Filing 31

ORDER Granting 29 Stipulation to Amend Discovery Plan and Scheduling Order (Second Request). Motions due by 1/23/2018. Proposed Joint Pretrial Order due by 2/22/2018. Signed by Magistrate Judge Peggy A. Leen on 1/4/2018. (Copies have been distributed pursuant to the NEF - SLD)

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Case 2:16-cv-02774-RFB-PAL Document 29 Filed 12/27/17 Page 1 of 5 1 Abran E. Vigil Nevada Bar No. 7548 2 Sylvia O. Semper Nevada Bar No. 12863 3 BALLARD SPAHR LLP 1980 Festival Plaza Drive, Suite 900 4 Las Vegas, Nevada 89135 Telephone: (702) 471-7000 5 Facsimile: (702) 471-7070 E-Mail: vigila@ballardspahr.com 6 E-Mail: sempers@ballardspahr.com 7 Attorneys for Plaintiff U.S. Bank N.A., (702) 471-7000 FAX (702) 471-7070 LAS VEGAS, NEVADA 89135-2958 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 As Trustee f/b/o holders of 8 Structured Asset Mortgage Investments II Inc., Bear Sterns ALT-A 9 Trust, Mortgage Pass-Through 10 Certificates, Series 2006-3 11 UNITED STATES DISTRICT COURT 12 DISTRICT OF NEVADA 13 U.S. BANK N. A., AS TRUSTEE F/B/O 14 HOLDERS OF STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., 15 BEAR STEARNS ALT-A TRUST, MORTGAGE PASS-THROUGH 16 CERTIFICATES, SERIES 2006-3, CASE NO. 2:16-CV-02774-RFB-PAL 18 vs. STIPULATION TO AMEND DISCOVERY PLAN AND SCHEDULING ORDER 19 (SECOND REQUEST) 17 Plaintiff, CAPITOL REEF REVOCABLE TRUST, a 20 Nevada trust; FALLS AT HIDDEN CANYON HOMEOWNERS 21 ASSOCIATION, INC., a Nevada non-profit corporation, 22 Defendants. 23 24 Plaintiff U.S. Bank N. A., as Trustee f/b/o Holders of Structured Asset 25 Mortgage Investments II Inc., Bear Stearns ALT-A Trust, Mortgage Pass-Through 26 Certificates, Series 2006-3 (“Trustee”); Defendant Capitol Reef Revocable Trust 27 (“Capitol Reef”); and Defendant Falls at Hidden Canyon Homeowners Association, 28 Inc. (the “Association”) (collectively, the “Parties”) hereby submit this Stipulation to Case 2:16-cv-02774-RFB-PAL Document 29 Filed 12/27/17 Page 2 of 5 1 Amend Discovery Plan and Scheduling Order pursuant to LR IA6-1 and LR 26-4. MEMORANDUM OF POINTS AND AUTHORITIES 2 3 I. STATEMENT OF FACTS 4 Trustee commenced this litigation on December 2, 2016. (ECF No. 1). On 5 December 19, 2016, Trustee filed Proof of Compliance with Federal Rule of Civil 6 Procedure 5.1(a) giving notice of constitutional question to the Nevada Attorney (ECF No. 4). On April 5, 2017, the Association filed its answer to (702) 471-7000 FAX (702) 471-7070 8 Trustee’s complaint. (ECF No. 10). On April 14, 2017, Capitol Reef filed a motion LAS VEGAS, NEVADA 89135-2958 B BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 7 General. 9 to dismiss Trustee’s complaint. (ECF No. 14). The Court has not yet ruled on this 10 motion. 11 On May 22, 2017, the Parties filed a Stipulated Discovery Plan and 12 Scheduling Order. (ECF No. 18). On May 31, 2017, the Court granted the 13 Stipulated Discovery Plan and Scheduling Order (the “Scheduling Order”). (ECF 14 No. 19). On October 9, 2017, the Parties filed a Stipulation to Amend Discovery 15 Plan and Scheduling Order (First Request). (ECF No. 25). On October 18, 2017, 16 the Court granted the Stipulation to Amend Discovery Plan and Scheduling Order 17 (First Request). (ECF No. 27). 18 The Parties have been prosecuting this matter without intentional delays. 19 However, the Parties agree that a short extension of the dispositive motion and 20 joint pretrial order deadlines is necessary and warranted. In light of the 21 intervening holidays, an extension is necessary to permit better access to and 22 communication with the respective parties regarding dispositive motions and to 23 further settlement discussions. More importantly, an extension will allow all 24 parties to discuss settlement options prior to undertaking the expense of briefing 25 dispositive motions. 26 II. LOCAL RULE 26-4 REQUIREMENTS 27 A. 28 Trustee has completed the following: Discovery Completed Case 2:16-cv-02774-RFB-PAL Document 29 Filed 12/27/17 Page 3 of 5 1 i. 2 ii. iii. 4 iv. 6 v. (702) 471-7000 FAX (702) 471-7070 8 LAS VEGAS, NEVADA 89135-2958 B BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 Service of Subpoena Duces Tecum on Hampton & Hampton Collections, LLC, collections agent for the Association; 7 Responded to the Association’s Request for Admissions, Requests for Production of Documents, and Interrogatories; and 9 vi. 10 Taking depositions of Capitol Reef, the Association, and Hampton & Hampton. 11 The Association has completed the following: 13 i. 14 ii. Service of its Initial Disclosures Pursuant to F.R.C.P. 26(a)(1); Service of its Request for Admissions, Requests for Production of Documents, and Interrogatories to Trustee; and 15 iii. 16 Responded to Trustee’s Request for Admissions, Requests for Production of Documents, and Interrogatories. 17 Capitol Reef has completed the following: i. 19 Service of its Initial Disclosures Pursuant to F.R.C.P. 26(a)(1); and 20 ii. 21 Responded to the Association’s Request for Admissions, Requests for Production of Documents, and Interrogatories. 22 23 Service of its Request for Admissions, Requests for Production of Documents and Interrogatories to Capitol Reef; 5 18 Service of its Request for Admissions, Requests for Production of Documents, and Interrogatories to the Association; 3 12 Service of its Initial Disclosures Pursuant to F.R.C.P. 26(a)(1); B. Discovery to be Completed None. All discovery is complete. 24 25 C. Good Cause Exists for Extending Discovery Plan Deadlines 26 Since the Court issued its Scheduling Order, the Parties have fully briefed 27 Capitol Reef’s Motion to Dismiss the Complaint. The parties also have completed 28 discovery. The Parties agree that a short extension of the dispositive motion and Case 2:16-cv-02774-RFB-PAL Document 29 Filed 12/27/17 Page 4 of 5 1 joint pretrial order deadlines is necessary and warranted. An extension will allow 2 all parties time to discuss settlement options prior to briefing dispositive motions. 3 Productive settlement discussions are more likely to result in a favorable outcome 4 at this time because all parties have the benefit of completed discovery. Thus, it is 5 beneficial, necessary, and most efficient to extend the dispositive motions deadline 6 so that the Parties can best assess settlement possibilities. In addition, in light of the intervening holidays, access to client decision- (702) 471-7000 FAX (702) 471-7070 8 makers and client information is somewhat hindered. LAS VEGAS, NEVADA 89135-2958 B BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 7 An extension of the 9 dispositive motion and pre-trial order deadline will allow the parties to better 10 communicate with their respective clients to further settlement discussions and 11 more efficiently brief dispositive motions. 12 D. Proposed Schedule 13 By this Stipulation, the Parties seek to amend the schedule as set forth on 14 page 2 of the Order to extend the dispositive motions and joint proposed trial order 15 deadlines by twenty-one (21) days: 16 1. Dispositive motion deadline: January 23, 2018; and 17 2. Joint proposed pretrial order: February 22, 2018. 18 19 20 21 22 23 24 25 26 27 28 [Remainder of page intentionally left blank] Case 2:16-cv-02774-RFB-PAL Document 29 Filed 12/27/17 Page 5 of 5 1 III. CONCLUSION 2 For the above-stated reasons, the Parties respectfully request that this Court 3 enter an Order approving this Stipulation to Amend the Discovery Plan and 4 Scheduling Order (Second Request) using the new deadlines noted above. 5 Dated December 27, 2017. 6 (702) 471-7000 FAX (702) 471-7070 LAS VEGAS, NEVADA 89135-2958 B BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 7 THE WRIGHT LAW GROUP, P.C. BALLARD SPAHR LLP 8 BY: /S/ JOHN HENRY WRIGHT John Henry Wright, Esq. 9 Nevada Bar No. 6182 10 2340 Paseo Del Prado, Ste. D-305 Las Vegas, Nevada 89102 11 12 13 14 15 16 17 18 By: /S/ AMBER R. GONZALES Abran E. Vigil Nevada Bar No. 7548 Sylvia O. Semper Nevada Bar No. 12863 1980 Festival Plaza Dr., Suite 900 Las Vegas, NV 89135 Attorney for Defendant Capitol Reef Revocable Trust -and- TYSON & MENDES, LLP BY: /S/ MARGARET SCHMIDT Thomas E. McGrath, Esq. Nevada Bar No. 7086 Christopher A. Lund, Esq. Nevada Bar No. 12435 Margaret Schmidt, Esq. Nevada Bar No. 12489 8275 South Eastern Ave., Ste. 115 Las Vegas, Nevada 89123 Amber R. Gonzales Colorado Bar No. 49993 (admitted pro hac vice) 1225 17th Street, Suite 2300 Denver, Colorado 80202 Attorneys for Plaintiff 19 Attorney for Defendant Falls at Hidden 20 Canyon Homeowners Association 21 22 ORDER 23 24 IT IS SO ORDERED: 25 26 UNITED STATES MAGISTRATE JUDGE 27 28 DATED: January 4, 2018

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