Bank of America, N.A. v. Saticoy Bay LLC Series

Filing 21

ORDER granting 18 Stipulation to Stay Case for 90 days; Signed by Judge Andrew P. Gordon on 7/27/2018.; Case stayed. (Copies have been distributed pursuant to the NEF - JM)

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1 2 3 4 5 6 7 WRIGHT, FINLAY & ZAK, LLP Matthew S. Carter, Esq. Nevada Bar No. 9524 R. Samuel Ehlers, Esq. Nevada Bar No. 9313 7785 W. Sahara Ave., Suite 200 Las Vegas, NV 89117 (702) 475-7964; Fax: (702) 946-1345 sehlers@wrightlegal.net Attorneys for Plaintiff, Bank of America, N.A., Successor By Merger to Bac Home Loans Servicing, LP f/k/a Countrywide Home Loans Servicing, LP UNITED STATES DISTRICT COURT DISTRICT OF NEVADA 8 9 10 11 12 13 BANK OF AMERICA, N.A., SUCCESSOR BY MERGER TO BAC HOME LOANS SERVICING, LP F/K/A COUNTRYWIDE HOME LOANS SERVICING, LP, Case No.: 2:17-cv-02808-APG-CWH STIPULATION AND ORDER TO STAY CASE FOR 90 DAYS Plaintiff, vs. 14 15 16 SATICOY BAY LLC SERIES, a Nevada limited liability company, Defendant. 17 18 COMES NOW, Plaintiff, BANK OF AMERICA, N.A., SUCCESSOR BY MERGER 19 TO BAC HOME LOANS SERVICING, LP F/K/A COUNTRYWIDE HOME LOANS 20 SERVICING, LP (“BANA” or “Plaintiff”), and Defendant, SATICOY BAY LLC SERIES 21 (“Saticoy Bay” or “Defendant”) (together referred to as “Parties”) by and through their 22 respective undersigned counsels of record and hereby stipulate and agree as follows: 23 1. That this matter shall be stayed for 90 days pursuant to the agreement of the Parties as 24 25 26 the Parties are discussing possible settlement and because the certified question in SFR Investment Pool 1, LLC v. Bank of New York Mellon (NRAP 5) Supreme Court Case 27 Page 1 of 3 1 NO. 72931 (“Certified Question Case”) may be informative to this Court regarding both 2 parties claims to quiet title to property at 4955 South Jeffreys #705, Las Vegas, Nevada 3 89119, APN #162-26-512-095 (hereinafter the “Property”). 4 2. The Parties believe that significant judicial resources will be saved if the Court refrains 5 from issuing a decision in this until after Case No. 72931. Both Parties hereby stipulate 6 that neither side is agreeing to the legal effect of the Certified Question Case or that it 7 8 will necessarily be dispositive of the entire case but that it could certainly affect the 9 Parties positions once a decision has been made. 10 3. The Parties agree that the current discovery dates should be vacated and reset after the 11 90 days has passed. The parties shall submit an updated scheduling order with new 12 dates for disclosing experts and for the close of discovery once the 90 days has passed. 13 4. The Parties further agree that the Stipulation to Amend the Complaint, service of the 14 Amended Complaint, or any Answer, Responsive Pleading to the Amended Complaint, 15 or cross-claim and service thereof, shall not be subject to this Stay unless otherwise 16 agreed to by the Parties. 17 18 //// 19 //// 20 //// 21 22 //// IT IS SO ORDERED. __________________________________ UNITED STATES DISTRICT JUDGE Dated: July 27, 2018. //// 23 24 25 26 27 Page 2 of 3 1 BANA v. Saticoy Bay Case No.: 2:17-cv-02808-APG-CWH 2 IT IS SO STIPULATED. 3 4 DATED 23rd day of July, 2018. DATED 23rd day of July, 2018. 5 WRIGHT, FINLAY & ZAK, LLP GEISENDORF & VILKIN, PLLC 6 /s/ R. Samuel Ehlers, Esq. ______________________________ Matthew S. Carter, Esq. Nevada Bar No. 9524 R. Samuel Ehlers, Esq. Nevada Bar No. 9313 7785 West Sahara Avenue, Suite 200 Las Vegas, NV 89117 Attorneys for Plaintiff/Counter/CrossDefendant, PROF-2016-S3 Legal Title Trust IV, by BANA National Association, as Legal title Trustee /s/ Charles L. Geisendorf, Esq. __________________________________ Charles L. Geisendorf, Esq. Nevada Bar No. 6985 2470 St. Rose Parkway, Suite 309 Henderson, Nevada 89074 Attorney for Defendant Saticoy Bay LLC Series 7 8 9 10 11 12 13 14 BANA v. Saticoy Bay Case No.: 2:17-cv-02808-APG-CWH 15 16 ORDER 17 IT IS SO ORDERED. 18 19 U.S. DISTRICT COURT JUDGE 20 21 DATED: 22 23 24 25   26 27 Page 3 of 3

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