Bank Of New York Mellon v. Falco et al
Filing
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ORDER Granting 66 Stipulation to Stay. Signed by Judge Richard F. Boulware, II on 10/11/2020. (Copies have been distributed pursuant to the NEF - JQC)
Case 2:17-cv-00441-RFB-NJK Document 67 Filed 10/11/20 Page 1 of 3
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DIANA S. EBRON, ESQ.
Nevada Bar No. 10580
Email: diana@kgelegal.com
JACQUELINE A. GILBERT, ESQ.
Nevada Bar No. 10593
Email: jackie@kgelegal.com
KAREN L. HANKS, ESQ.
Nevada Bar No. 9578
Email: karen@kgelegal.com
KIM GILBERT EBRON
7625 Dean Martin Drive, Suite 110
Las Vegas, Nevada 89139-5974
Telephone: (702) 485-3300
Facsimile: (702) 485-3301
Attorney for SFR Investments Pool 1, LLC
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UNITED STATES DISTRICT COURT
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DISTRICT OF NEVADA
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(702) 485-3300 FAX (702) 485-3301
KIMGILBERT EBRON
7625 DEAN MARTIN DRIVE, SUITE 110
LAS VEGAS, NEVADA 89139
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THE BANK OF NEW YORK MELLON
FKA THE BANK OF NEW YORK, AS
TRUSTEE FOR THE
CERTIFICATEHOLDERS OF CWALT,
INC., ALTERNATIVE LOAN TRUST 20053CB, MORTGAGE PASS-THROUGH
CERTIFICATES, SERIES 2005-3CB,
Case No.: 2:17-cv-00441-RFB-NJK
NOTICE OF SETTLEMENT AND
STIPULATION TO STAY
PROCEEDINGS
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Plaintiff,
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vs.
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FRANCESCA FALCO; SFR
INVESTMENTS POOL 1, LLC;
LAMPLIGHT SQUARE AT CORONADO
RANCH, LLC; DOE INDIVIDUALS I-X,
inclusive; and ROE CORPORATIONS I-X,
inclusive,
Defendants.
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SFR INVESTMENTS POOL 1, LLC,
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Counterclaimant/Cross-Claimant,
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vs.
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THE BANK OF NEW YORK MELLON
FKA THE BANK OF NEW YORK, AS
TRUSTEE FOR THE
CERTIFICATEHOLDERS OF CWALT,
INC., ALTERNATIVE LOAN TRUST 20053CB, MORTGAGE PASS-THROUGH
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Case 2:17-cv-00441-RFB-NJK Document 67 Filed 10/11/20 Page 2 of 3
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CERTIFICATES, SERIES 2005-3CB;
FRANCESCA FALCO, an individual,
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Counter-Defendant/Cross-Defendant.
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NOTICE OF SETTLEMENT AND STIPULATION TO STAY PROCEEDINGS
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PLEASE TAKE NOTICE that The Bank of New York Mellon fka The Bank of New York,
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as Trustee for the Certificateholders of CWALT, Inc., Alternative Loan Trust 2005-3CB,
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Mortgage Pass-Through Certificates, Series 2005-3CB (“BNYM”) and SFR Investments Pool 1,
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LLC (“SFR”) have reached a global settlement involving multiple properties, including the
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Property at issue in this case. The settlement will resolve all claims between SFR and BNYM.
litigation to allow for SFR to perform a condition precedent to the settlement. This will also
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(702) 485-3300 FAX (702) 485-3301
KIMGILBERT EBRON
Based on the confidential settlement agreement, BNYM and SFR have agreed to stay the
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7625 DEAN MARTIN DRIVE, SUITE 110
LAS VEGAS, NEVADA 89139
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provide an opportunity for BNYM to discuss the potential for settlement as to its claims against
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Lamplight Square at Coronado Ranch, LLC (the “Association”).
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Accordingly, BNYM, SFR and the Association (collectively the “Parties”) hereby stipulate
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to vacate the current dispositive motion deadline of October 8, 2020, and to stay further
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proceedings in this case for ninety (90) days to finalize the settlement. The parties further request
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the court set a deadline for filing a status report regarding the settlement for ninety (90) from the
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entry of this Stipulation and Order.
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…
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…
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…
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Case 2:17-cv-00441-RFB-NJK Document 67 Filed 10/11/20 Page 3 of 3
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This request to stay is being made in the interest of preserving judicial resources and, as
set forth above, on the basis of a material term of the Settlement Agreement.
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DATED this 7th day of October, 2020.
DATED this 7th day of October, 2020.
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KIM GILBERT EBRON
AKERMAN LLP
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/s/ Chantel M. Schimming
DIANA S. EBRON, ESQ.
Nevada Bar No. 10580
CHANTEL M. SCHIMMING, ESQ.
Nevada Bar No. 8886
7625 Dean Martin Drive, Suite 110
Las Vegas, Nevada 89139
/s/ Rex D. Garner
NATALIE L. WINSLOW, ESQ.
Nevada Bar No. 12125
REX D. GARNER, ESQ.
Nevada Bar No. 9401
1635 Village Center Circle, Suite 200
Las Vegas, NV 89134
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Attorneys for SFR Investments Pool 1, LLC
Attorneys for The Bank of New York
Mellon fka The Bank of New York, as
Trustee for the Certificateholders of
CWALT, Inc., Alternative Loan Trust
2005-3CB, Mortgage Pass-Through
Certificates, Series 2005-3CB
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(702) 485-3300 FAX (702) 485-3301
KIMGILBERT EBRON
7625 DEAN MARTIN DRIVE, SUITE 110
LAS VEGAS, NEVADA 89139
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DATED this 7th day of October, 2020.
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BOYACK ORME & ANTHONY
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/s/ Patrick A. Orme
EDWARD D. BOYACK, ESQ.
Nevada Bar No. 5229
PATRICK A. ORME, ESQ.
Nevada Bar No. 7853
7432 W. Sahara Avenue, Suite 101
Las Vegas, NV 89117
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Attorneys for Lamplight Square at Coronado
Ranch, LLC
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IT IS SO ORDERED.
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___________________________________
________________________________
UNITED STATES DISTRICT JUDGE
RICHARD F. BOULWARE, II
DATED: ___________________________
UNITED STATES DISTRICT JUDGE
DATED this 11th day of October, 2020.
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