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

Filing 50

ORDER Granting 49 Stipulation to Stay Entire Case Pending Settlement (First Request). The parties must file a stip to dismiss or a joint status report by 6/15/2018. Signed by Magistrate Judge Carl W. Hoffman on 3/16/2018. (Copies have been distributed pursuant to the NEF - SLD)

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Case 2:17-cv-00004-GMN-CWH Document 49 Filed 03/15/18 Page 1 of 4 1 2 3 4 5 6 7 8 9 10 Abran E. Vigil, Esq. Nevada Bar. No. 7548 Maria A. Gall, Esq. Nevada Bar No. 14200 Lindsay C. Demaree, Esq. Nevada Bar No. 11949 Kyle A. Ewing, Esq. Nevada Bar. No. 14051 BALLARD SPAHR LLP 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 Telephone: (702) 471-7000 Facsimile: (702) 471-7070 vigila@ballardspahr.com gallm@ballardspahr.com demareel@ballardspahr.com ewingk@ballardspahr.com Attorneys for JPMorgan Chase Bank, N.A. UNITED STATES DISTRICT COURT (702) 471-7000 FAX (702) 471-7070 12 LAS VEGAS, NEVADA 891035 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 11 13 14 DISTRICT OF NEVADA JPMORGAN CHASE BANK, N.A., a national banking association, 15 Plaintiff, 16 v. 17 SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company; SEVEN HILLS MASTER COMMUNITY ASSOCIATION; and MOUSHIR MANIOUS, an individual. 18 19 20 Defendants. 21 SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company, 22 23 24 25 26 27 28 CASE NO.: 2:17-cv-00004-GMN-CWH Counter/Cross Claimant, v. JPMORGAN CHASE BANK, N.A., a national banking association; UNITED GUARANTY RESIDENTIAL INSURANCE COMPANY OF NORTH CAROLINA; MOUSHIR MANIOUS, an individual, Counter/Cross Defendants. DMWEST #17548195 v1 STIPULATION AND ORDER TO STAY ENTIRE CASE PENDING SETTLEMENT (First Request) Case 2:17-cv-00004-GMN-CWH Document 49 Filed 03/15/18 Page 2 of 4 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-Claimant 3 SFR Investments Pool 1, LLC (“SFR”) and Defendant Seven Hills Master Community 4 Association (“Seven Hills”) (collectively, the “Parties”), through their respective 5 attorneys, stipulate as follows: 6 1. On or about January 11, 2018, the Court entered an order extending 7 discovery deadlines, which set the deadline to complete discovery for March 21, 2018 8 (ECF No. 48). 9 2. 10 finalizing settlement. 3. Given the resolution and to avoid wasting resources and incurring (702) 471-7000 FAX (702) 471-7070 12 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 11 The Parties have since come to an agreement and are in the process of potentially unnecessary expense associated with discovery and dispositive motions, 13 the Parties agree, and hereby request, a stay of the case to give each side sufficient 14 time and resources to finalize settlement. 15 4. The Parties anticipate that it may take approximately 90 days to 16 finalize the settlement agreement, perform the material terms under the settlement 17 agreement, and be in a position to dismiss this matter. 18 [Continued on the following page] 19 20 21 22 23 24 25 26 27 28 2 DMWEST #17548195 v1 Case 2:17-cv-00004-GMN-CWH Document 49 Filed 03/15/18 Page 3 of 4 5. 1 2 3 4 5 6 7 8 9 10 delay. Dated: March 15, 2018 BALLARD SPAHR LLP KIM GILBERT EBRON By: /s/ Lindsay Demaree Abran E. Vigil Nevada Bar. No. 7548 Maria A. Gall Nevada Bar No. 14200 Lindsay C. Demaree Nevada Bar No. 11949 Kyle A. Ewing Nevada Bar. No. 14051 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 By: /s/ Karen Hanks 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 (702) 471-7000 FAX (702) 471-7070 12 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 11 The Parties make this stipulation in good faith and not for purposes of Attorneys for JPMorgan Chase Bank, Attorneys for SFR Investments Pool 1, N.A. LLC 13 BOYACK ORME & ANTHONY 14 15 16 17 18 19 20 21 By: /s/ Patrick A. Orme Edward D. Boyack Nevada Bar No. 5229 Patrick A. Orme Nevada Bar No. 7853 7432 West Sahara Avenue, Suite 101 Las Vegas, Nevada 89117 Attorneys for Seven Community Association Hills Master IT IS SO ORDERED. IT IS FURTHER ORDERED that the parties must file a stip IT IS to dismiss or a joint status report by 6/15/2018. SO ORDERED: 22 23 UNITED STATES MAGISTRATE JUDGE DISTRICT JUDGE 24 DATED: 25 26 27 28 3 DMWEST #17548195 v1 March 16, 2018 Case 2:17-cv-00004-GMN-CWH Document 49 Filed 03/15/18 Page 4 of 4 CERTIFICATE OF SERVICE 1 2 I certify that on March 15, 2018, and pursuant to Federal Rule of Civil 3 Procedure 5, a true copy of the foregoing STIPULATION AND ORDER TO STAY 4 ENTIRE CASE PENDING SETTLEMENT was served via U.S. Mail, postage-pre- 5 paid on the following: 6 7 8 9 Moushir Manious c/o PostNet NV141 2654 W. Horizon Ridge Pkwy. Suite B5-183 Henderson, NV 89052 /s/Mary Kay Carlton An Employee of Ballard Spahr LLP 10 (702) 471-7000 FAX (702) 471-7070 12 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 11 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 4 DMWEST #17548195 v1

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