JPMorgan Chase Bank, N.A. v. SFR Investments Pool 1, LLC et al

Filing 41

ORDER granting 40 Stipulation to Stay Entire Case Pending Settlement. Signed by Judge Richard F. Boulware, II on 3/21/2018. (Copies have been distributed pursuant to the NEF - MMM)

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1 Abran E. Vigil Nevada Bar No. 7548 2 Russell J. Burke Nevada Bar No. 12710 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 burker@ballardspahr.com 7 Attorneys for Plaintiff/Counter-Defendant 8 UNITED STATES DISTRICT COURT DISTRICT OF NEVADA 9 Ballard Spahr LLP 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 (702) 471-7000 10 JPMORGAN CHASE BANK, N.A., Plaintiff, 11 12 vs. SFR INVESTMENTS POOL 1, LLC, a 13 Nevada limited liability company; and SUTTER CREEK HOMEOWNERS 14 ASSOCIATION, a Nevada non-profit corporation, 15 Defendants. 16 17 SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company, 18 Counterclaimant, 19 vs. 20 JPMORGAN CHASE BANK, N.A.; 21 Counter-Defendant. 22 23 SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company, 24 Cross-Claimant, 25 vs. 26 WAI CHUNG NG, an individual, Cross-Defendant. 27 28 DMWEST #17557552 v1 Case No.: 2:16-cv-02781-RFB-PAL STIPULATION AND ORDER TO STAY ENTIRE CASE PENDING SETTLEMENT (First Request) 1 Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff/Counter-Defendant 2 JPMorgan Chase Bank, N.A. (“Chase”), Defendant/Counterclaimant/Cross- 3 Claimant SFR Investments Pool 1, LLC (“SFR”) and Defendant Sutter Creek 4 Homeowners Association (“Sutter Creek”) (collectively, the “Parties”), through their 5 respective attorneys, stipulate as follows: 6 1. On or about February 2, 2018, the Court entered an order extending 7 the discovery deadlines, which set the deadline to complete discovery for March 30, 8 2018 (ECF No. 39). 9 2. The Parties have since come to an agreement and are in the process of 10 finalizing settlement. Ballard Spahr LLP 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 (702) 471-7000 11 3. Given the resolution and to avoid wasting resources and incurring 12 potentially unnecessary expense associated with discovery and continued litigation, 13 the Parties agree, and hereby request, a stay of the case to give each side sufficient 14 time and resources to finalize settlement. [Continued on the following page] 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2 DMWEST #17557552 v1 4. 1 The Parties make this stipulation in good faith and not for purposes of 2 delay. 3 Dated: March 16, 2018 4 BALLARD SPAHR LLP KIM GILBERT EBRON 5 By: /s/ Russell J. Burke Abran E. Vigil Nevada Bar No. 7548 7 Russell J. Burke Nevada Bar No. 12710 8 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 9 By: /s/ Diana S. Ebron Diana S. Ebron Nevada Bar No. 10580 Jackie A. Gilbert Nevada Bar No. 10593 Karen Hanks Nevada Bar No. 9578 7625 Dean Martin Dr., Suite 110 Las Vegas, Nevada 89014 6 10 Ballard Spahr LLP 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 (702) 471-7000 11 Attorneys for JPMorgan Chase Bank, N.A. Attorneys for SFR Investments Pool 1, LLC 12 HALL, JAFFE & CLAYTON, LLP 13 14 By: /s/ Ashlie L. Surur Ashlie L. Surur 15 Nevada Bar No. 11290 7425 Peak Drive 16 Las Vegas, NV 89128 17 Attorney for Sutter Creek Homeowners’ Association 18 19 IT IS SO ORDERED: 20 21 22 __________________________JUDGE UNITED STATES DISTRICT RICHARD F. BOULWARE, II DATED: United States ______________________ District Court 23 24 25 DATED this 21st day of March, 2018. 26 27 28 3 DMWEST #17557552 v1

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