U.S. Bank National Association v. REO Investment Advisors V LLC et al

Filing 30

ORDER Granting 27 Stipulation to Stay Pending Settlement. Signed by Magistrate Judge Cam Ferenbach on 2/15/2018. (Copies have been distributed pursuant to the NEF - SLD)

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WRIGHT, FINLAY & ZAK, LLP
Natalie C. Lehman, Esq.
Nevada Bar No. 12995
Lindsay D. Robbins, Esq.
Nevada Bar No. 13474
7785 W. Sahara Ave., Suite 200
Las Vegas, NV 89117
[phone]; Fax: [phone]
[e-mail]
[e-mail]
Attorneys for Plaintiff/Counter-Defendant, U.S. Bank National Association, as Trustee, for
Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series
2006-QA2
UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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U.S. BANK NATIONAL ASSOCIATION, AS
TRUSTEE, FOR RESIDENTIAL ACCREDIT
LOANS, INC., MORTGAGE ASSETBACKED PASS-THROUGH
CERTIFICATES, SERIES 2006-QA2,

Case No.: 2:17-cv-00629-JCM-VCF
STIPULATION AND ORDER TO
STAY PENDING SETTLEMENT

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Plaintiff,

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vs.

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REO INVESTMENT ADVISORS V LLC,
PAINTED DESERT COMMUNITY
ASSOCIATION;

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Defendants.

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REO INVESTMENT ADVISORS V LLC, a
Nevada limited liability company,
Counterclaimant,

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vs.
U.S. BANK NATIONAL ASSOCIATION, AS
TRUSTEE, FOR RESIDENTIAL ACCREDIT
LOANS, INC., MORTGAGE ASSETBACKED PASS-THROUGH
CERTIFICATES, SERIES 2006-QA2; DOES I
through X and ROE BUSINESS ENTITIES I
through X,
Counter-Defendants.

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COMES NOW Plaintiff/Counterdefendant, U.S. Bank National Association, as Trustee,

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for Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series

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2006-QA2, Defendant/Counterclaimant, REO Investment Advisors V, LLC, and Defendant,

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Painted Desert Community Association (collectively, the “Parties”), by and through

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undersigned and respective counsel of record, and hereby stipulate as follows:

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In light of the ongoing settlement negotiations between the Parties and pending

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settlement offers, the parties respectfully request a stay of the litigation in an effort to avoid the

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costs of further litigation.

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IT IS HEREBY STIPULATED AND AGREED that all proceedings in this lawsuit

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are stayed, and all upcoming deadlines, hearings and conferences, including the deadline to file

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dispositive motions are hereby STAYED.

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IT IS FURTHER STIPULATED AND AGREED that in the event that a settlement is
not reached, any party may move to lift the stay.

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IT IS SO STIPULATED.

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DATED this 12th day of February, 2018.

DATED this 12th day of February, 2018.

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WRIGHT, FINLAY & ZAK, LLP

LAW OFFICE OF HONG & HONG

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/s/ Lindsay D. Robbins, Esq.
Lindsay D. Robbins, Esq.
Attorneys for Plaintiff

/s/ Joseph Y. Hong, Esq.
Joseph Y. Hong, Esq.
Attorneys for REO Investment Advisors V, LLC

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DATED this 12th day of February, 2018.
ALVERSON TAYLOR MORTENSEN &
SANDERS
/s/ Adam Knecht, Esq.
Adam Knecht, Esq.
Attorneys for Painted Desert Community
Association

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ORDER

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IT IS SO ORDERED:
___________________________________
UNITED STATES MAGISTRATE JUDGE

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15th
DATED this ____ day of February, 2018.

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