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

Filing 52

ORDER Granting 51 Stipulation to Stay Entire Case Pending Settlement. Signed by Judge Richard F. Boulware, II on 3/28/2018. (Copies have been distributed pursuant to the NEF - MR)

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1 2 3 4 5 6 7 8 9 Joel E. Tasca, Esq. Nevada Bar. No. 14124 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 tasca@ballardspahr.com gallm@ballardspahr.com demareel@ballardspahr.com ewingk@ballardspahr.com (702) 471-7000 FAX (702) 471-7070 11 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 10 Attorneys for JPMorgan Chase Bank, N.A. UNITED STATES DISTRICT COURT 12 13 14 15 16 DISTRICT OF NEVADA JPMORGAN CHASE BANK, N.A., Case No. 2:17-CV-00340-RFB-VCF Plaintiff, vs. SFR INVESTMENTS POOL 1, LLC, a 17 Nevada limited liability company; MARAVILLA HOMEOWNERS’ 18 ASSOCIATION, a Nevada non-profit corporation; EMMANUEL ENU-KWESI, 19 Defendants. 20 21 SFR INVESTMENTS POOL 1, LLC, a Nevada limited liability company, 22 Counterclaimant/Cross-Claimant, 23 vs. 24 JPMORGAN CHASE BANK, N.A.; 25 EMMANUEL ENU-KWESI, an individual, 26 Counter-Defendant/Cross-Defendant. 27 28 /// DMWEST #17547984 v1 STIPULATION AND ORDER TO STAY ENTIRE CASE PENDING SETTLEMENT (First Request) Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff /Counter-Defendant 1 2 JPMorgan 3 Claimant SFR Investments Pool 1, LLC (“SFR”) and Defendant Maravilla 4 Homeowners’ Association (“Maravilla”) (collectively, the “Parties”), through their 5 respective attorneys, stipulate as follows: 1. 6 Chase Bank, N.A. (“Chase”), Defendant/Counterclaimant/Cross- On or about October 18, 2017, the Court entered an order extending 7 discovery deadlines, setting the deadline to complete discovery for December 7, 8 2017, dispositive motions for January 8, 2018 and the pre-trial order for February 7, 9 2018 (ECF No. 39). Discovery has closed, and Chase and SFR have filed competing (702) 471-7000 FAX (702) 471-7070 11 44). LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 10 motions for summary judgment, which were fully briefed. See, e.g., (ECF Nos. 43, 12 2. The Parties have since come to an agreement and are in the process of 13 finalizing settlement. 14 3. Given the resolution and to avoid wasting resources and incurring 15 potentially unnecessary expense associated with continued litigation, the Parties 16 agree, and hereby request, a stay of the case to give each side sufficient time and 17 resources to finalize settlement. [Continued on the following page] 18 19 20 21 22 23 24 25 26 27 28 DMWEST #17547984 v1 2 4. 1 2 (90) days to finalize settlement. 5. 3 4 The Parties make this stipulation in good faith and not for purposes of delay. Dated: March 21, 2018. 5 6 SFR and Chase anticipate that they will require approximately ninety BALLARD SPAHR LLP KIM GILBERT EBRON 7 By: /s/ Kyle A. Ewing Joel E. Tasca Nevada Bar. No. 14124 9 Maria A. Gall Nevada Bar No. 14200 10 Lindsay C. Demaree Nevada Bar No. 11949 11 Kyle A. Ewing Nevada Bar. No. 14051 12 1980 Festival Plaza Drive, Suite 900 Las Vegas, Nevada 89135 13 By: /s/ Diana S. Ebron Diana S. Ebron Nevada Bar No. 10580 Jackie A. Gilbert Nevada Bar No. 10593 Karen Hanks Nevada Bar No. 9578 7625 Dean Martin Dr., Suite 110 Las Vegas, Nevada 89014 (702) 471-7000 FAX (702) 471-7070 LAS VEGAS, NEVADA 89135 BALLARD SPAHR LLP 1980 FESTIVAL PLAZA DRIVE, SUITE 900 8 Attorneys for JPMorgan Chase Bank, Attorneys for SFR Investments Pool 1, LLC 14 N.A. 15 HOA LAWYERS GROUP, LLC 16 By: /s/ Steve Loizzi, Jr. Steve Loizzi, Jr. Nevada Bar. No. 10920 18 9500 W. Flamingo, Suite 204 Las Vegas, Nevada 89147 19 17 Attorneys for Maravilla Homeowners’ 20 Association 21 IT IS SO ORDERED: 22 23 __________________________ UNITED F. BOULWARE, II RICHARD STATES DISTRICT JUDGE United States District Court 24 25 DATED: DATED this 28th day of March, 2018. 26 27 28 DMWEST #17547984 v1 3

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