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

Filing 77

ORDER Granting 76 Stipulation to Dismiss with prejudice. The $500 in security costs posted by Chase on 6/20/2017 pursuant to 271 Order shall be discharged and released to the Ballard Spahr LLP Trust Account. Signed by Judge James C. Mahan on 9/20/2018. (Copies have been distributed pursuant to the NEF - cc: Finance - SLD)

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Case 2:17-cv-00329-JCM-NJK Document 76 Filed 09/18/18 Page 1 of 4 1 2 3 4 5 6 7 8 Ballard Spahr LLP 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 9 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: (702) 471-7000 Facsimile: (702) 471-7070 tasca@ballardspahr.com gallm@ballardspahr.com demareel@ballardspahr.com ewingk@ballardspahr.com 10 Attorneys for JPMorgan Chase Bank, N.A. 11 12 UNITED STATES DISTRICT COURT 13 DISTRICT OF NEVADA 14 JPMORGAN CHASE BANK, N.A., Plaintiff, 15 Case No. 2:17-CV-00329-JCM-NJK 16 vs. 17 SFR INVESTMENTS POOL 1, LLC, a STIPULATION AND ORDER TO Nevada limited liability company; DISMISS WITH PREJUDICE 18 ALIANTE MASTER ASSOCIATION, a Nevada non-profit corporation; AARON M. 19 NANEZ; NICOLE D. VERHEYEN, Defendants. 20 21 SFR INVESTMENTS POOL 1, LLC, a 22 Nevada limited liability company, Counter-Claimant/Cross-claimant, 23 24 vs. CHASE BANK, N.A.; 25 JPMORGAN AARON M. NANEZ, an individual; 26 NICOLE D. VERHEYEN, an individual, 27 Counter-Defendant/Cross-Defendants. 28 DMWEST #18076403 v1 Case 2:17-cv-00329-JCM-NJK Document 76 Filed 09/18/18 Page 2 of 4 1 Pursuant to Local Rules LR IA 6-1 and LR 26-4, Plaintiff/Counter-Defendant 2 JPMorgan Chase Bank, N.A. (“Chase”) and Defendant/Counterclaimant/Cross- 3 Claimant SFR Investments Pool 1, LLC (“SFR”) (together with Chase, the 4 “Parties”), through their respective attorneys, stipulate as follows: 5 1. This action concerns title to real property commonly known as 2220 6 Cockatiel Drive in North Las Vegas, NV 89084 (the “Property”) following a 7 homeowner’s association foreclosure sale conducted on July 26, 2013, with respect 8 to the Property. 9 2. As it relates to the Parties, a dispute arose regarding that certain Deed Ballard Spahr LLP 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 10 of Trust recorded against the Property in the Official Records of Clark County, 11 Nevada as Instrument Number 20090128-0004383 (the “Deed of Trust”), and in 12 particular, whether the Deed of Trust continues to encumber the Property. 13 3. Chase and SFR have resolved all of their claims and disputes, and 14 stipulate and agree to the dismissal of all claims among them with prejudice, with 15 each party to bear its own costs and fees. 16 4. The Parties further stipulate and agree that the two Lis Pendens 17 recorded against the Property in the Official Records of Clark County, Nevada, as 18 Instruments Number 20140224-0000717 and 20170329-0001451 be, and the same 19 hereby are, EXPUNGED. 20 5. The Parties further stipulate and agree that the $500 in security costs 21 posted by Chase on June 20, 2017 pursuant to this Court’s Order [ECF No. 27] shall 22 be discharged and released to the Ballard Spahr LLP Trust Account. [Continued on the following page] 23 24 25 26 27 28 DMWEST #18076403 v1 2 Case 2:17-cv-00329-JCM-NJK Document 76 Filed 09/18/18 Page 3 of 4 1 2 3 4 5. The Parties further stipulate and agree that a copy of this Stipulation and Order may be recorded with the Clark County Recorder. Dated: September 18, 2018 BALLARD SPAHR LLP KIM GILBERT EBRON 5 By: /s/ Lindsay Demaree Joel E. Tasca, Esq. Nevada Bar No. 14124 7 Maria A. Gall, Esq. Nevada Bar No. 14200 8 Lindsay C. Demaree, Esq. Nevada Bar No. 11949 9 Kyle A. Ewing, Esq. Nevada Bar. No. 14051 10 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 11 Attorneys for JPMorgan Chase Bank, N.A. 12 Ballard Spahr LLP 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 6 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 SFR Investments Pool 1, LLC 13 14 15 IT IS SO ORDERED: 16 17 18 UNITED STATES DISTRICT JUDGE September 20, 2018 DATED: ______________________ 19 20 21 22 23 24 25 26 27 28 DMWEST #18076403 v1 3 Case 2:17-cv-00329-JCM-NJK Document 76 Filed 09/18/18 Page 4 of 4 CERTIFICATE OF SERVICE 1 2 I certify that on September 18, 2018, and pursuant to Federal Rule of Civil 3 Procedure 5, a true copy of the foregoing STIPULATION AND ORDER TO 4 DISMISS WITH PREJUDICE was sent to the following parties via U.S. Mail at the 5 following addresses: 6 7 8 9 Ballard Spahr LLP 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 10 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 11 /s/ C. Bowman An Employee of Ballard Spahr LLP 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DMWEST #18076403 v1 4

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