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

Filing 53

ORDER granting 52 Stipulation of Dismissal with prejudice; Signed by Chief Judge Gloria M. Navarro on 9/25/2018. (Copies have been distributed pursuant to the NEF - JM) (Main Document 53 replaced on 9/25/2018) (JM).

Case 2:17-cv-00342-GMN-VCF Document 54 Filed 09/25/18 Page 1 of 3

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Attorneys for Plaintiff/Counter-Defendant
JPMorgan Chase Bank, N.A.
UNITED STATES DISTRICT COURT

[phone] FAX [phone]

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LAS VEGAS, NEVADA 89135

BALLARD SPAHR LLP

1980 FESTIVAL PLAZA DRIVE, SUITE 900

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Abran E. Vigil
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 Dr. Suite 900
Las Vegas, Nevada 89106
Telephone: [phone]
Facsimile: [phone]
[e-mail]
[e-mail]
[e-mail]
[e-mail]

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DISTRICT OF NEVADA
JPMORGAN CHASE BANK, N.A.
Plaintiff,
vs.
SFR INVESTMENTS POOL 1, LLC, a
Nevada limited liability company; CASA
PALERMO 20N HOMEOWNERS’
ASSOCIATION, a Nevada non-profit
corporation; and FARANAK
PANAHBARHAGH, an individual.

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Defendants.

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SFR INVESTMENTS POOL 1, LLC, a
Nevada limited liability company,

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Counter/Cross-Claimant,

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vs.

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JPMORGAN CHASE BANK, N.A. and
FARANAK PANAHBARHAGH, an
individual,

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Counter/Cross-Defendants.

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DMWEST #18085474 v1

Case No. 2:17-cv-00342-GMN-VCF

STIPULATION AND ORDER TO
DISMISS WITH PREJUDICE

Case 2:17-cv-00342-GMN-VCF Document 54 Filed 09/25/18 Page 2 of 3

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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”), Defendant Casa Palermo 20N Homeowners’

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Association (“Association”), and Defendant/Cross-Defendant Faranak Panahbarhagh

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(“Panahbarhagh”), through their respective undersigned counsel of record, stipulate

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as follows:

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1.

This action concerns title to real property commonly known as 17 Villa

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Marsala Court, Henderson, Nevada 89011 (the “Property”) following a homeowner’s

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association foreclosure sale conducted on April 24, 2013, with respect to the Property.

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2.

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

[phone] FAX [phone]

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

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LAS VEGAS, NEVADA 89135

BALLARD SPAHR LLP

1980 FESTIVAL PLAZA DRIVE, SUITE 900

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Nevada as Instrument Number 20090518-0002003 (the “Deed of Trust”), and in

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particular, whether the Deed of Trust continues to encumber the Property.

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3.

The Parties hereby stipulate and agree to the dismissal of all claims in

this action, with prejudice, with each party to bear its own costs and fees.

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4.

Panahbarhagh disclaims any interest in the Property.

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5.

The Parties further stipulate and agree that the three Lis Pendens

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

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Instruments Number 201402240000716, 201703290001395, and 201706280001035

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be, and the same hereby are, EXPUNGED.

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6.

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

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posted by Chase on June 1, 2017 pursuant to this Court’s Order [ECF No. 19] shall

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

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[Continued on the following page]

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Case 2:17-cv-00342-GMN-VCF Document 54 Filed 09/25/18 Page 3 of 3

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7.

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

and Order may be recorded with the Clark County Recorder.
Dated: September 25, 2018

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BALLARD SPAHR LLP

KIM GILBERT EBRON

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By: /s/ Kyle A. Ewing
Abran E. Vigil, Esq.
Nevada Bar No. 7548
Maria A. Gall, Esq.
Nevada Bar No. 14200
Lindsay Demaree, Esq.
Nevada Bar No. 11949
Kyle A. Ewing, Esq.
Nevada Bar No. 14051
1980 Festival Plaza Drive, Ste 900
Las Vegas, Nevada 89106

By: /s/ Jacqueline A. Gilbert
Diana S. Ebron, Esq.
Nevada Bar No. 10580
Karen L. Hanks, Esq.
Nevada Bar No. 9578
Jacqueline A. Gilbert, Esq.
Nevada Bar No. 10593
7625 Dean Martin Drive, Ste 110
Las Vegas, Nevada 89139-5974

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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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Attorneys for JPMorgan Chase Bank, Attorneys for SFR Investments Pool 1, LLC
N.A.

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HALL JAFFEE & CLAYTON, LLP

BLUT LAW GROUP, APC

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By: /s/ Ashlie L. Surur
Ashlie L. Surur, Esq.
Nevada Bar No. 11290
7425 Peak Drive
Las Vegas, Nevada 89128

By: /s/ Elliot S. Blut
Elliot S. Blut, Esq.
Nevada Bar No. 6570
300 S. 4th Street
Las Vegas, Nevada 89101

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Attorneys for Casa Palermo 20N Attorneys for Faranak Panahbarhagh
Homeowners’ Association

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IT IS SO ORDERED.

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Dated this ____ day of September, 2018.

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Gloria M. Navarro, Chief Judge
UNITED STATES DISTRICT COURT

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