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

Filing 61

ORDER granting 60 Stipulation of Dismissal as to Complaint, CounterClaim and Third Party Complaint with prejudice; This Stipulation in no way affects SFR's cross-claim against Perry Pierce. Signed by Chief Judge Gloria M. Navarro on 1/8/2019. (Copies have been distributed pursuant to the NEF - JM)

Case 2:17-cv-00622-GMN-NJK Document 60 Filed 01/03/19 Page 1 of 4

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Joel E. Tasca, Esq.
Nevada Bar. No. 14124
Maria A. Gall, Esq.
Nevada Bar No. 14200
Lindsay C. Demaree, Esq.
Nevada Bar No. 11949
Justin A. Shiroff, Esq.
Nevada Bar. No. 12869
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.
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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DISTRICT OF NEVADA
JPMORGAN CHASE BANK, N.A.,
Plaintiff,
vs.

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SFR INVESTMENTS POOL 1, LLC, a
Nevada limited liability company;
ELDORADO THIRD COMMUNITY
ASSOCIATION, a Nevada non-profit
corporation; PERRY PIERCE, an
individual,

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Defendants.

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ELDORADO THIRD COMMUNITY
ASSOCIATION, a Nevada non-profit
corporation,
Third-Party Plaintiff,
vs.
ABSOLUTE COLLECTION SERVICES,
LLC, a domestic limited liability company,

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Third-Party Defendant.

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DMWEST #18319028 v1

Case No. 2:17-cv-00622-GMN-NJK
STIPULATION AND ORDER TO
DISMISS CLAIMS BETWEEN
JPMORGAN CHASE BANK, N.A.,
SFR INVESTMENTS POOL 1, LLC,
ELDORADO THIRD COMMUNITY
ASSOCIATION, AND ABSOLUTE
COLLECTION SERVICES, LLC
WITH PREJUDICE

Case 2:17-cv-00622-GMN-NJK Document 60 Filed 01/03/19 Page 2 of 4

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SFR INVESTMENTS POOL 1, LLC, a
Nevada limited liability company,
Counterclaimant/Cross-Claimant,

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vs.

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JPMORGAN CHASE BANK, N.A.;
PERRY PIERCE, an individual,

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Counter-Defendant/Cross-Defendant.

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Third Community Association (“Eldorado”), and Third-Party Defendant Absolute

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[phone] FAX [phone]

SFR Investments Pool 1, LLC (“SFR”), Defendant/Third-Party Plaintiff Eldorado

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LAS VEGAS, NEVADA 89135

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

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BALLARD SPAHR LLP

Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff/Counter-Defendant

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1980 FESTIVAL PLAZA DRIVE, SUITE 900

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Collection Services, LLC (“Absolute”) (collectively, the “Parties”), through their

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respective attorneys, hereby stipulate as follows:

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1.

This action concerns title to real property commonly known as 818 Bear

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Gulch Court, North Las Vegas, Nevada (the “Property”) following a homeowner’s

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association foreclosure sale conducted on June 17, 2014, with respect to the Property.

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2.

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

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

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Nevada as Instrument Number 20081205-0001901 (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 to this Stipulation have agreed to release their respective

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

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Counterclaim, and Third Party Complaint shall be DISMISSED with prejudice.

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4.

As Perry Pierce appeared did not appear in this action, Chase hereby

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voluntarily dismisses its claims against Perry Pierce pursuant to Fed. R. Civ. P.

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41(a)(1)(A)(i).

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5.

This Stipulation in no way affects SFR’s cross-claim against Perry

Pierce.
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Case 2:17-cv-00622-GMN-NJK Document 60 Filed 01/03/19 Page 3 of 4

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6.

The Parties further stipulate and agree that the two 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 20170411-0002474 and 20170804-0003000 be, and the same

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hereby are, EXPUNGED.

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7.

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

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posted by Chase on June 21, 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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8.

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

and Order may be recorded with the Clark County Recorder; and

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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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(Remainder of Page Intentionally Left Blank)

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Case 2:17-cv-00622-GMN-NJK Document 60 Filed 01/03/19 Page 4 of 4

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9.

Each party to this Stipulation (case number 2:17-cv-00622-GMN-NJK)

shall bear its own attorneys’ fees and costs.
Dated: January 3, 2019
BALLARD SPAHR LLP

KIM GILBERT EBRON

By:/s/ Justin A. Shiroff
Joel E. Tasca, Esq.
Nevada Bar No. 14124
Maria A. Gall, Esq.
Nevada Bar No. 14200
Lindsay C. Demaree, Esq.
Nevada Bar No. 11949
Justin A. Shiroff, Esq.
Nevada Bar. No. 12869
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, N.A.

Attorneys for SFR Investments Pool
1, LLC

BOYACK ORME & ANTHONY

ABSOLUTE COLLECTION SERVICES, LLC

By:/s/ Christopher B. Anthony
Edward D. Boyack, Esq.
Nevada Bar No. 5229
Christopher B. Anthony, Esq.
Nevada Bar No. 9748
7432 W. Sahara Avenue, Suite 101
Las Vegas, NV 89117

By:/s/ Shane D. Cox
Shane D. Cox, Esq.
Nevada Bar No. 13852
7485 West Azure
Suite 129
Las Vegas, NV 89130

Attorney for Eldorado Third Community
Association

Attorney for Absolute Collection
Services, LLC

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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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IT IS SO ORDERED.

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DATED this ___ day of January, 2019.

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___________________________________
Gloria M. Navarro, Chief Judge
United States District Court

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