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

Filing 71

ORDER Granting 70 Stipulation to Stay Entire Case Pending Settlement (First Request). Signed by Judge James C. Mahan on 3/21/2018. (Copies have been distributed pursuant to the NEF - SLD)

Case 2:17-cv-00329-JCM-NJK Document 70 Filed 03/21/18 Page 1 of 4

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Joel E. Tasca
Nevada Bar No. 14124
Maria A. Gall
Nevada Bar No. 14200
Lindsay Demaree
Nevada Bar No. 11949
Kyle A. Ewing
Nevada Bar 14051
BALLARD SPAHR LLP
1980 Festival Plaza Drive, Suite 900
Las Vegas, Nevada 89135
Telephone: [phone]
Facsimile: [phone]
[e-mail]
[e-mail]
[e-mail]
[e-mail]

Ballard Spahr LLP
1980 Festival Plaza Drive, Suite 900
Las Vegas, Nevada 89135

10 Attorneys for JPMorgan Chase Bank,
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N.A.

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

14 JPMORGAN CHASE BANK, N.A.,
Plaintiff,

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Case No. 2:17-CV-00329-JCM-NJK

16 vs.
17 SFR INVESTMENTS POOL 1, LLC, a
Nevada
limited
liability
company;
18 ALIANTE MASTER ASSOCIATION, a
Nevada non-profit corporation; AARON M.
19 NANEZ; NICOLE D. VERHEYEN,
Defendants.

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SFR INVESTMENTS POOL 1, LLC, a
22 Nevada limited liability company,
Counter-Claimant/Cross-claimant,

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CHASE BANK,
N.A.;
25 JPMORGAN
AARON M. NANEZ, an individual;
26 NICOLE D. VERHEYEN, an individual,
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Counter-Defendant/Cross-Defendants.

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STIPULATION AND ORDER TO STAY
ENTIRE CASE PENDING
SETTLEMENT
(First Request)

Case 2:17-cv-00329-JCM-NJK Document 70 Filed 03/21/18 Page 2 of 4

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Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff/Counter-Defendant

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JPMorgan Chase Bank, N.A. (“Chase”) and Defendant/Counterclaimant/Cross-

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Claimant SFR Investments Pool 1, LLC (“SFR”) (together with Chase, the

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“Parties”), through their respective attorneys, stipulate as follows:

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1.

On or about October 17, 2017, the Court entered an order extending

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the discovery deadlines, setting the deadline to complete discovery for December 6,

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2017, dispositive motions for January 5, 2018, and the deadline to fire the joint pre-

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trial order for February 6, 2018 (ECF No. 54).

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2.

The Parties have since come to an agreement and are in the process of

Ballard Spahr LLP
1980 Festival Plaza Drive, Suite 900
Las Vegas, Nevada 89135

10 finalizing settlement.
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3.

Given the resolution and to avoid wasting resources and incurring

12 potentially unnecessary expense associated with continued litigation, the Parties
13 agree, and hereby request, a stay of the case to give each side sufficient time and
14 resources to finalize settlement.
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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.
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Case 2:17-cv-00329-JCM-NJK Document 70 Filed 03/21/18 Page 3 of 4

5.

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The Parties make this stipulation in good faith and not for purposes of

delay.
Dated: March 21, 2018
BALLARD SPAHR LLP

KIM GILBERT EBRON

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By: /s/ Lindsay Demaree
Joel E. Tasca, Esq.
Nevada Bar No. 14124
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Maria A. Gall, Esq.
Nevada Bar No. 14200
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Lindsay C. Demaree, Esq.
Nevada Bar No. 11949
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Kyle A. Ewing, Esq.
Nevada Bar. No. 14051
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1980 Festival Plaza Drive, Suite 900
Las Vegas, Nevada 89135
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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

Ballard Spahr LLP
1980 Festival Plaza Drive, Suite 900
Las Vegas, Nevada 89135

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Attorneys for JPMorgan Chase Bank, N.A.

Attorneys for SFR Investments Pool
1, LLC

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IT IS SO ORDERED:

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UNITED STATES DISTRICT JUDGE
March 21, 2018
DATED: ______________________

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Case 2:17-cv-00329-JCM-NJK Document 70 Filed 03/21/18 Page 4 of 4

CERTIFICATE OF SERVICE

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I certify that on March 21, 2018, and pursuant to Federal Rule of Civil

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Procedure 5, a true copy of the foregoing STIPULATION AND ORDER TO STAY

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ENTIRE CASE PENDING SETTLEMENT was sent to the following parties via

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U.S. Mail at the following addresses:

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Ballard Spahr LLP
1980 Festival Plaza Drive, Suite 900
Las Vegas, Nevada 89135

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Aaron M. Nanez
Nicole D. Verheyen
4005 Birchmont Street
Las Vegas, Nevada 89130
Aaron M. Nanez
Nicole D. Verheyen
5428 Indigo Ridge Street
North Las Vegas, Nevada 89031

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/s/ Mary Kay Carlton
An Employee of Ballard Spahr LLP

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