U.S. Bank Trust v. LN Management, LLC Series 4004 Cape Sand

Filing 31

ORDER Granting 30 Stipulation for Extension of Time (First Request) re Discovery and Dispositive Motion Deadline. Discovery due by 6/12/2018. Motions due by 7/12/2018. Proposed Joint Pretrial Order due by 8/10/2018. Signed by Magistrate Judge Carl W. Hoffman on 2/12/2018. (Copies have been distributed pursuant to the NEF - SLD)

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1 2 3 4 5 6 7 WRIGHT, FINLAY & ZAK, LLP Edgar C. Smith, Esq. Nevada Bar No. 5506 Rock K. Jung, Esq. Nevada Bar No. 10906 7785 W. Sahara Avenue, Suite 200 Las Vegas, NV 89117 (702) 475-7964; Fax: (702) 946-1345 esmith@wrightlegal.net rjung@wrightlegal.net Attorneys for Plaintiff, U.S. Bank Trust, N.A., as Trustee for LSF9 Master Participation Trust 8 UNITED STATES DISTRICT COURT DISTRICT OF NEVADA 9 10 11 U.S. BANK TRUST, N.A., AS TRUSTEE FOR LSF9 MASTER PARTICIPATION TRUST, 12 15 STIPULATION AND ORDER TO EXTEND DISCOVERY AND TO EXTEND DISPOSITIVE MOTION DEADLINE Plaintiff, 13 14 Case No.: 2:17-cv-01109-RFB-CWH vs. LN MANAGEMENT, LLC SERIES 4004 CAPE SAND; LAS HADAS HOMEOWNERS’ ASSOCIATION 16 (FIRST REQUEST) Defendants. 17 18 /// 19 20 21 /// /// 22 23 24 /// /// 25 26 /// 27 /// 28 Page 1 of 6 1 Pursuant to Local Rules 6-1 and 7-1, Plaintiff, U.S. Bank Trust, N.A., as Trustee for 2 LSF9 Master Participation Trust (hereinafter “U.S. Bank” or “Plaintiff”) and Defendant, LN 3 Management, LLC Series 4004 Cape Sand (“LN Management” or “Defendant”) by and through 4 their respective attorneys of record, file this joint stipulation and request the court to extend the 5 close of discovery by one hundred twenty (120) days and to extend the dispositive motion 6 deadlines and joint pretrial order deadlines accordingly. This is the parties’ first request for an 7 extension of all the current discovery deadlines. 8 9 I. INTRODUCTION 10 This dispute involves an HOA foreclosure sale conducted by Defendant Las Hadas 11 Homeowners’ Association. Plaintiff U.S. Bank Trust, N.A., as Trustee for LSF9 Master 12 13 14 Participation Trust (“U.S. Bank”) seeks to quiet title as to the foreclosed property and seeks other related relief pertaining to the sale of the property. The primary issue is whether U.S. Bank’s deed of trust survived the foreclosure sale. 15 16 17 18 19 20 21 22 23 24 II. STATEMENT SPECIFYING THE DISCOVERY COMPLETED. On September 6, 2017, the court entered a Scheduling Order ECF No. 18 and set the following deadlines: Discovery cut-off February 12, 2018 Amend pleadings and add parties November 15, 2017 Expert disclosures December 14, 2017 Rebuttal expert disclosures January 15, 2018 Dispositive Motions March 14, 2018 Pretrial order April 13, 2018 On December 15, 2017, the court approved the parties Stipulation to Extend the deadline for amending pleadings and add parties, and set the new deadline as January 14, 2018. 25 26 27 28 The following discovery has already been completed: 1. U.S. Bank served its initial disclosures on Defendant LN Management, LLC Series 4004 Cape Sand on September 1, 2017, Page 2 of 6 1 2. U.S. Bank served its Initial Expert Disclosure on November 2, 2017 2 3. U.S. Bank propounded written discovery, consisting of First Set of Interrogatories, First 3 Set of Requests for Admissions and First Request for Production of Documents, to 4 Defendant LN Management, LLC Series 4004 Cape Sand on December 11, 2017. 5 4. Defendant LN Management, LLC Series 4004 Cape Sand responded to U.S. Bank’s First 6 Set of Requests for Admissions on December 7, 2017. 7 5. Defendant LN Management, LLC Series 4004 Cape Sand responded to U.S. Bank’s First 8 Set of Interrogatories and First Set of Requests for Production on January 22, 2018. 9 6. U.S. Bank served its First Supplemental Disclosures on February 7, 2018. 10 11 III. 12 13 SPECIFIC DESCRIPTION OF THE DISCOVERY THAT HAS NOT BEEN COMPLETED. The following discovery has not been completed: 14 1. Defendant LN Management, LLC Series 4004 Cape Sand has not served its initial 15 disclosures. 16 2. Defendant LN Management, LLC Series 4004 Cape Sand has not propounded written 17 discovery on U.S. Bank. 18 3. No depositions of any of the parties’ 30(b)(6) witnesses or any the deposition of any 19 other witness have been conducted, other than the deposition of LN Management, LLC 20 Series 4004 Cape Sand’s designated 30(b)(6) witness. U.S. Bank did Subpoena the HOA, 21 Las Hadas Homeowners’ Association for deposition to be held February 8, 2018 at 2:00 22 p.m. However their forthcoming counsel requested that the deposition be vacated until 23 she is officially retained and makes an appearance. Further, U.S. Bank subpoenaed the 24 HOA Trustee, Alessi & Koenig, LLC for deposition to be held on February 9, 2018 at 25 2:00 p.m., but the deponent did not appear. Accordingly, this deposition also needs to be 26 rescheduled. 27 28 /// Page 3 of 6 1 IV. 2 REASON WHY EXTENSION IS REQUIRED. 3 Discovery closes on February 12, 2018. However, with the addition of Las Hadas 4 Homeowners’ Association via the First Amended Complaint filed on January 31, 2018, this new 5 party has not had an opportunity to conduct any discovery, including initial disclosures, take 6 depositions or written discovery and has not yet even made an appearance in this matter. 7 In addition, the other parties have not had an opportunity to conduct any discovery as it 8 pertains to HOA, as a new party in this case. The extension requested will also provide the 9 10 11 12 parties additional time to conduct any follow-up discovery that may be required after reviewing HOA’s initial disclosures, or after HOA reviews the discovery already conducted by the other parties. As new incoming parties to this litigation, there is good cause to extend the discovery deadlines so that they may have an opportunity to conduct meaningful discovery. 13 V. PROPOSED SCHEDULE FOR COMPLETING ALL REMAINING 14 DISCOVERY. 15 16 17 The parties agree that discovery will be extended one hundred twenty (120) days, and the scheduling order deadlines will be extended to the following: 18 19 Discovery cut-off Amend pleadings and add parties Expert disclosures Rebuttal expert disclosures Dispositive Motions Pretrial Order 20 21 22 23 24 25 June 12, 2018 April 13, 2018 April 13, 2018 May 14, 2018 July 12, 2018 August 10, 2018 /// /// 26 27 28 /// /// Page 4 of 6 1 IT IS SO STIPULATED. 2 3 4 5 DATED this 9th day of February, 2018. DATED this 9th day of February, 2018. WRIGHT, FINLAY & ZAK, LLP LAW OFFICE OF KERRY P. FAUGHNAN _/s/ Rock K. Jung, Esq._____________ Rock K. Jung, Esq. Nevada Bar No. 10906 7785 W. Sahara Ave, Suite 200 Las Vegas, NV 89117 rjung@wrightlegal.net Attorneys for Plaintiff, U.S. Bank Trust, N.A., as Trustee for LSF9 Master Participation Trust _/s/ Kerry P. Faughnan, Esq._______ Kerry P. Faughnan, Esq. Nevada Bar No. 12204 P.O. Box 335361 North Las Vegas, NV 89033 Kerry.faughnan@gmail.com Attorneys for Plaintiff, U.S. Bank, N.A., as Trustee for the Certificateholders of Banc of America Funding Corporation Mortgage PassThrough Certificates, Series 2006-I 6 7 8 9 10 11 12 13 14 ORDER 15 16 17 18 IT IS SO ORDERED. UNITED STATES MAGISTRATE JUDGE DATED: February 12, 2018 19 20 21 22 23 24 25 26 27 28 Page 5 of 6 1 2 3 CERTIFICATE OF SERVICE I HEREBY CERTIFY that I am an employee of WRIGHT, FINLAY & ZAK, LLP; that 4 electronic service of the foregoing STIPULATION AND ORDER TO EXTEND 5 DISCOVERY AND TO EXTEND DISPOSITIVE MOTION DEADLINE (FIRST 6 REQUEST) was made on the 9th day of February, 2018, to all parties and counsel as identified 7 on the Court-generated Notice of Electronic Filing. 8 9 10 11 /s/ Kelli Wightman An Employee of WRIGHT, FINLAY & ZAK, 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Page 6 of 6

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