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

Filing 56

ORDER Re: 55 Joint Status Report. The parties shall have a final extension until 11/30/2018to file a stipulation to dismiss with prejudice or a judgment as directed by the district judge. No further extensions will be granted. Signed by Magistrate Judge Peggy A. Leen on 10/11/2018. (Copies have been distributed pursuant to the NEF - SLD)

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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***

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JPMORGAN CHASE BANK N.A,

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v.

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Case No. 2:17-cv-00074-JCM-PAL
Plaintiff,

ORDER

SFR INVESTMENTS POOL 1, LLC, et al.,
Defendants.

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This matter is before the court on the parties’ Joint Status Report (ECF No. 55).

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On June 28, 2018, the district judge entered an Order (ECF No. 49) resolving the parties’

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motions for summary judgment and directing that SFR submit a proposed judgment within 30

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days. SFR and JP Morgan Chase filed a Notice of Settlement (ECF No. 52) on July 31, 2018

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requesting that the court stay entry of the judgment in this case for 60 days “to complete the

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settlement process”. The court entered an Order (ECF No. 53) granting the parties’ request for 60

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days to complete their settlement and to file a stipulation to dismiss with prejudice.

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In the current joint status report, the settling parties request another 60-day extension

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because, although the settlement documents have been signed, they need an additional 60 days “by

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the nature of the performance,” and Chase and the HOA are still in settlement discussions.

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This case should have been closed by entry of the judgment consistent with the district

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judge’s order months ago. The parties are, of course, free to settle a case after entry of judgment,

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but the court will not keep granting extensions keeping cases that have been resolved by summary

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judgment open on its docket.

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IT IS ORDERED that the parties shall have a final extension until November 30, 2018,

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to file a stipulation to dismiss with prejudice, or a judgment as directed by the district judge. No

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further extensions will be granted.

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DATED this 11th day of October 2018.

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PEGGY A. LEEN
UNITED STATES MAGISTRATE JUDGE

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