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

Filing 73

ORDER granting 72 Stipulation to Stay Entire Case Pending Settlement. Signed by Judge James C. Mahan on 3/23/2018. (Copies have been distributed pursuant to the NEF - MMM)

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Case 2:17-cv-00326-JCM-NJK Document 72 Filed 03/23/18 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. (702) 471-7000 FAX (702) 471-7070 UNITED STATES DISTRICT COURT 12 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 11 DISTRICT OF NEVADA 13 JPMORGAN CHASE BANK, N.A., 14 Case No. 2:17-CV-00326-JCM-NJK Plaintiff, 15 vs. 16 SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company; ANTELOPE HOMEOWNERS’ ASSOCIATION, a Nevada non-profit corporation; ELIZABETH ROCHA, an individual; and HORATIO ROCHA, an individual. 17 18 19 20 21 Defendants. 22 SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company, 23 Counterclaimant/Cross-Claimant, 24 vs. 25 26 JPMORGAN CHASE BANK, N.A.; ELIZABETH ROCHA, an individual; and HORATIO ROCHA, an individual, 27 Counter-Defendant/Cross-Defendants. 28 DMWEST #17578763 v1 STIPULATION AND ORDER TO STAY ENTIRE CASE PENDING SETTLEMENT (First Request) Case 2:17-cv-00326-JCM-NJK Document 72 Filed 03/23/18 Page 2 of 4 1 Pursuant to Federal Rule of Civil Procedure 1 and Local Rules LR IA 6-2 and 2 LR 7-1, Plaintiff/Counter-Defendant JPMorgan Chase Bank, N.A. (“Chase”), and 3 Defendant/Counterclaimant/Cross-Claimant SFR Investments Pool 1, LLC (“SFR”), 4 through their respective attorneys, stipulate as follows to stay this action while the 5 parties finalize settlement 1: 6 1. On or about January 11, 2018, the Court entered an order extending 7 scheduling order deadlines, which set the deadline to complete discovery for March 8 12, 2018 and the deadline to complete dispositive motions for April 12, 2018 (ECF 9 No. 69). 10 2. Chase and SFR have since come to an agreement to resolve all the (702) 471-7000 FAX (702) 471-7070 12 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 11 claims at issue in this case. They are in the process of finalizing settlement. 3. Given Chase and SFR’s resolution and to avoid wasting resources and 13 incurring potentially unnecessary expense associated with litigation, including 14 dispositive motions, Chase and SFR agree, and hereby request, a stay of the case to 15 give each side sufficient time and resources to finalize settlement. 16 4. Chase and SFR anticipate that finalizing settlement will require 17 approximately ninety (90) days. 18 19 [Continued on following page.] 20 21 22 23 24 25 26 27 28 Chase voluntarily dismissed the Antelope Homeowners’ Association. See ECF No. 71. 1 2 DMWEST #17578763 v1 Case 2:17-cv-00326-JCM-NJK Document 72 Filed 03/23/18 Page 3 of 4 1 5. Chase and SFR make this stipulation in good faith and not for purposes 2 of delay. 3 Dated: March 23, 2018 4 BALLARD SPAHR LLP 5 6 7 8 9 10 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/ Diana S. Ebron Diana S. Ebron Nevada Bar No. 10580 Jacqueline A. Gilbert Nevada Bar No. 10593 Karen Hanks Nevada Bar No. 9578 7625 Dean Martin Dr., Suite 110 Las Vegas, Nevada 89014 Attorneys for JPMorgan Chase Bank, Attorneys for SFR Investments Pool 1, LLC (702) 471-7000 FAX (702) 471-7070 12 N.A. LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 11 KIM GILBERT EBRON 13 14 IT IS SO ORDERED: 15 16 UNITED STATES DISTRICT JUDGE March 23, 2018 DATED: 17 18 19 20 21 22 23 24 25 26 27 28 3 DMWEST #17578763 v1 Case 2:17-cv-00326-JCM-NJK Document 72 Filed 03/23/18 Page 4 of 4 1 2 CERTIFICATE OF SERVICE I certify that on March 23, 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 sent to the following parties via U.S. 5 Mail at the following addresses: 6 7 8 9 10 Horatio Rocha 9341 Apache Springs Drive Las Vegas, NV 89117 I certify that on March 23, 2018, and pursuant to Federal Rule of Civil (702) 471-7000 FAX (702) 471-7070 12 Procedure 5, a true copy of the foregoing STIPULATION AND ORDER TO STAY LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 11 Elizabeth Rocha 9341 Apache Springs Drive Las Vegas, NV 89117 13 ENTIRE CASE PENDING SETTLEMENT was served via the Court’s electronic 14 filing system on counsel for the Antelope Homeowners’ Association. 15 /s/Mary Kay Carlton An Employee of Ballard Spahr LLP 16 17 18 19 20 21 22 23 24 25 26 27 28 4 DMWEST #17578763 v1

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