Branch Banking and Trust Company v. R&S St. Rose, LLC et al

Filing 42

ORDER granting ECF No. 41 Stipulation for Extension of Time to File Answering Brief to ECF No. 14 Opening Brief. Answering brief due by 4/27/2018 and Reply brief due by 5/11/2018. Signed by Judge Miranda M. Du on 4/11/2018. (Copies have been distributed pursuant to the NEF - KW)

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1 2 3 4 5 6 7 GHANDI DEETER BLACKHAM NEDDA GHANDI, ESQ. Nevada Bar No. 11137 Email: nedda@ghandilaw.com LAURA A. DEETER, ESQ. Nevada Bar No. 10562 Email: laura@ghandilaw.com 725 South 8th Street Suite 100 Las Vegas, Nevada 89101 Telephone: (702) 878-1115 Fax: 1-(702) 447-9995 Attorneys for Appellees, R & S ST. ROSE LENDERS, LLC 8 UNITED STATES DISTRICT COURT 9 DISTRICT OF NEVADA 10 11 12 13 14 15 16 17 18 19 20 21 ) Case No. 2:17-CV-01322-MMD ) Bankruptcy Case No.: 11-14973-mkn ) Chapter 11 R & S ST. ROSE LENDERS, LLC, ) ) Debtor. ) _____________________________________ ) STIPULATION AND ORDER FOR ) ) EXTENSION OF TIME TO FILE BRANCH BANKING AND TRUST ) ANSWERING BRIEF COMPANY, ) (Second Request) Appellant, ) ) ) v. ) ) R & S ST. ROSE LENDERS, LLC, et al. ) Appellees. ) ) ) In re: 22 The parties stipulate as follows: 23 1. 24 On February 22, 2018, this Court entered a Stipulation and Order to Extend 25 Deadlines to File Appellate Briefs, which set a deadline of April 13, 2018, for the appellees to 26 file their answering brief; and April 27, 2018 for the appellant to file a reply brief. (ECF No. 27 39.) 28 2. On June 13, 2017, the appellant timely filed its opening brief. (ECF No. 14.) Stipulation - 1 3. 1 After participating in a three-day mediation earlier this year, the parties have 2 again engaged in productive settlement discussions in one last effort to reach a global 3 resolution. If a global resolution is reached it will settle at least six appeals—four in this Court 4 and two in the Ninth Circuit—plus the underlying bankruptcy case from which this case 5 6 emanated. But the settlement negotiations are complicated as they involve seven different 7 groups of parties and two insurers. The parties believe, in good faith, that they need another 8 week of settlement discussions to determine whether a settlement can be reached. 9 4. To enable the parties to engage in settlement negotiations without incurring 10 additional fees and costs (which further complicate settlement discussions) the parties stipulate 11 12 13 that the appellees shall have up to and including April 27, 2018, to file their answering brief. The appellant shall then have up to and including May 11, 2018, to file any reply brief. 14 5. The parties have not entered into this stipulation for any purpose of delay, but in 15 a good faith attempt to reach a resolution without further unnecessary expenditures of fees and 16 17 costs. 18 Dated this 11th day of April 2018. 19 20 HOLLAND & HART LLP GHANDI DEETER BLACKHAM 21 22 By: 23 24 25 26 27 28 /s/ Nedda Ghandi Nedda Ghandi, Esq. 725 South 8th Street Suite 100 Las Vegas, Nevada 89101 Counsel for R & S St. Rose Lenders, LLC By: /s/ Joseph G. Went Joseph G. Went 9555 Hillwood Drive, 2nd Floor Las Vegas, Nevada 89134 Attorneys for Branch Banking and Trust Company … … … … … Stipulation - 2 1 2 3 EARLY SULLIVAN WRIGHT GIZER & MCRAE, LLP DAVID J. MERRILL, P.C. By: By: 4 5 /s/ Scott E. Gizer Scott E. Gizer 601 South 7th St., 2nd Floor Las Vegas, Nevada 89101 Attorneys for Commonwealth Land Title Insurance Company 6 /s/ David J. Merrill David J. Merrill 10161 Park Run Drive, Suite 150 Las Vegas, Nevada 89145 Attorney for Brian Shapiro as Trustee of the R & S St. Rose Lenders, LLC Liquidation Trust HOLLEY DRIGGS WALCH FINE WRAY PUZEY & THOMPSON GARMAN TURNER GORDON By: 7 By: 8 9 10 11 12 13 14 15 /s/ Ogonna M. Brown Ogonna M. Brown 400 South 4th St., 3rd Floor Las Vegas, Nevada 89101 Attorneys for R & S Investment Group /s/ Talitha Gray Kozlowski Talitha Gray Kozlowski 650 White Drive, Suite 100 Las Vegas, Nevada 89119 Attorneys for the Creditor Group SCHWARTZ FLANSBURG, PLLC By: /s/ Samuel A. Schwartz Samuel A. Schwartz 6623 Las Vegas Blvd. S., #300 Las Vegas, Nevada 89119 Attorneys for R & S St. Rose, LLC 16 17 IT IS SO ORDERED: 18 19 UNITED STATES DISTRICT JUDGE 20 DATED: April 11, 2018 21 22 23 24 25 26 27 28 Stipulation - 3

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