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

Filing 90

ORDER Granting 88 , 89 Stipulation of Dismissal of Claims and Lift Stay. Signed by Judge Richard F. Boulware, II on 11/29/2018. (Copies have been distributed pursuant to the NEF - MR)

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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: [phone]
Facsimile: [phone]
[e-mail]
[e-mail]
[e-mail]
[e-mail]

Attorneys for JPMorgan Chase Bank, N.A.

[phone] FAX [phone]

UNITED STATES DISTRICT COURT

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LAS VEGAS, NEVADA 89135

BALLARD SPAHR LLP

1980 FESTIVAL PLAZA DRIVE, SUITE 900

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DISTRICT OF NEVADA

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JPMORGAN CHASE BANK, N.A.,

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Plaintiff,

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vs.

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SFR INVESTMENTS POOL 1, LLC, a
Nevada limited liability company;
TUSCALANTE HOMEOWNERS’
ASSOCIATION, a Nevada non-profit
corporation; and TERRY L.
CHRISTOPHER,

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Defendants.

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SFR INVESTMENTS POOL 1, LLC, a
Nevada limited liability company,
Counterclaimant/Cross-Claimant,
vs.
JPMORGAN CHASE BANK, N.A.;
SECRETARY OF HOUSING AND
URBAN DEVELOPMENT, a
government agency; TERRY L.
CHRISTOPHER, an individual,
Counter-Defendant/Cross-Defendants.

DMWEST #17862917 v2

Case No. 2:17-CV-00330-RFB-VCF
STIPULATION AND ORDER TO 1)
DISMISS CLAIMS BETWEEN
JPMORGAN CHASE BANK, N.A.,
TUSCALANTE HOMEOWNERS’
ASSOCIATION, AND SFR
INVESTMENTS POOL 1, LLC WITH
PREJUDICE; AND 2) LIFT STAY
ENTERED MARCH 23, 2018

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Pursuant to Local Rules LR IA 6-1 and LR 26-4, Plaintiff/Counter-Defendant

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

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SFR Investments Pool 1, LLC (“SFR”) and Defendant Tuscalante Homeowners’

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Association (“Tuscalante”), through their respective attorneys, stipulate as follows:

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1.

This action concerns title to real property commonly known as 7507

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Glowing Moon Court in Las Vegas, Nevada (“Property”) following a homeowner’s

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association foreclosure sale conducted on May 31, 2013, with respect to the Property.

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2.

As it relates to the Parties, a dispute arose regarding that certain Deed

as Instrument Number 20080213-0000616 (“Deed of Trust”), and in particular,

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whether the Deed of Trust continues to encumber the Property.

[phone] FAX [phone]

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LAS VEGAS, NEVADA 89135

BALLARD SPAHR LLP

of Trust recorded against the Property in the Official Records of Clark County, Nevada

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1980 FESTIVAL PLAZA DRIVE, SUITE 900

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3.

The Parties to this Stipulation have settled and agreed to release their

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respective claims, and further agreed that the claims between them, including the

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Complaint and Counterclaim, shall be DISMISSED with prejudice;

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4.

As Terry L. Christopher never filed an Answer or other response to the

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Complaint in this action, Chase hereby voluntarily dismisses its claims against him

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pursuant to Fed. R. Civ. P. 41(a)(1)(A)(i).

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5.

This Stipulation in no way affects SFR’s cross-claim against Terry L.

Christopher;
6.

The Parties further stipulate and agree that the $500 in security costs

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posted by Chase on June 13, 2017 pursuant to this Court’s Order [ECF No. 18] shall

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be discharged and released to the Ballard Spahr LLP Trust Account;

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7.

The Parties further stipulate and agree that the Lis Pendens recorded

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against the Property in the Official Records of Clark County, Nevada, as Instrument

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Number 20170329-0001385 be, and the same hereby is, EXPUNGED;

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8.

The Parties further stipulate and agree that a copy of this Stipulation and

Order may be recorded with the Clark County Recorder;

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DMWEST #17862917 v2

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9.

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No. 82];

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10.

The Parties further agree to lift the stay entered March 23, 2018 [ECF

This case shall remain open until such time that the Court rules on SFR’s

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Motion for Summary Judgment against Terry L. Christopher [ECF No. 68], which no

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party opposed [ECF No. 75 and 77], who was defaulted on January 17, 2018 [ECF No.

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71], and who has not appeared in the case.; and

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(Remainder of Page Intentionally Left Blank)

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[phone] FAX [phone]

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LAS VEGAS, NEVADA 89135

BALLARD SPAHR LLP

1980 FESTIVAL PLAZA DRIVE, SUITE 900

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DMWEST #17862917 v2

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[phone] FAX [phone]

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LAS VEGAS, NEVADA 89135

BALLARD SPAHR LLP

1980 FESTIVAL PLAZA DRIVE, SUITE 900

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10.

Each party in this case number 2:17-cv-00330-RFB-VCF shall bear its

own attorneys’ fees and costs.
Dated: November 26, 2018
BALLARD SPAHR LLP

KIM GILBERT EBRON

By:/s/ Kyle A. Ewing
Abran E. Vigil, Esq.
Nevada Bar. No. 7548
Maria A. Gall, Esq.
Nevada Bar No. 14200
Kyle A. Ewing, Esq.
Nevada Bar. No. 14051
1980 Festival Plaza Drive, Suite 900
Las Vegas, Nevada 89135

By: /s/ Jacqueline A. Gilbert
Diana S. Ebron, Esq.
Nevada Bar No. 10580
Jacqueline A. Gilbert, Esq.
Nevada Bar No. 10593
Karen Hanks, Esq.
Nevada Bar No. 9578
7625 Dean Martin Dr., Suite 110
Las Vegas, Nevada 89014

Attorneys for JPMorgan Chase Bank, Attorneys for SFR Investments Pool
N.A.
1, LLC
LEACH JOHNSON SONG & GRUCHOW
By: T. Chase Pittsenbarger
Sean L. Anderson, Esq.
Nevada Bar No. 7259
T. Chase Pittsenbarger, Esq.
Nevada Bar No. 13740
8945 West Russell Road, Suite 300
Las Vegas, Nevada 89148

Attorneys for Tuscalante Homeowners’
Association

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IT IS SO ORDERED:

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UNITED STATES DISTRICT JUDGE

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DATED:

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DMWEST #17862917 v2

November 29, 2018.
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