Bank of America, N.A. v. The Siena Homeowner's Association et al

Filing 120

ORDER granting ECF No. 119 Stipulation. The deadline to file dismissal documents is extended by thirty (30) additional days. Signed by Chief Judge Miranda M. Du on 10/20/2020. (Copies have been distributed pursuant to the NEF - AB)

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1 6 MELANIE D. MORGAN, ESQ. Nevada Bar No. 8215 NICHOLAS E. BELAY, ESQ. Nevada Bar No. 15175 AKERMAN LLP 1635 Village Center Circle, Suite 200 Las Vegas, NV 89134 Telephone: (702) 634-5000 Facsimile: (702) 380-8572 Email: melanie.morgan@akerman.com Email: nicholas.belay@akerman.com 7 Attorneys for Bank of America, N.A. 2 3 4 5 8 UNITED STATES DISTRICT COURT 9 DISTRICT OF NEVADA 10 BANK OF AMERICA, N.A., AKERMAN LLP 1635 VILAGE CENTER CIRCLE, SUITE 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 11 Case No.: 3:16-cv-00188-MMD-CLB Plaintiff, 12 vs. 13 STIPULATION AND ORDER TO EXTEND DISMISSAL DEADLINE THE SIENA HOMEOWNER'S ASSOCIATION; THUNDER PROPERTIES, INC.; and HAMPTON & HAMPTON COLLECTIONS, LLC, (SECOND REQUEST) 14 15 Defendants. 16 17 18 Bank of America, N.A. (BANA), Thunder Properties, Inc., and The Siena Homeowner's 19 Association (the HOA) (collectively "the parties"), submit the following stipulation to extend the 20 deadline to file dismissal documents: 21 1. BANA, Thunder, the HOA, and Hampton & Hampton Collections, LLC reached a 22 settlement in principle to resolve this action, as indicated by the parties' joint status report on August 23 22, 2019. (ECF No. 110.) In order to finalize the proposed settlement, the parties needed to reach an 24 agreement on a few remaining issues—most notably the distribution of surplus funds from the 25 HOA's foreclosure sale being held by Hampton & Hampton Collections, LLC. 26 27 2. To allow additional time to resolve these remaining issues, the parties requested the court deny the pending summary judgment motion as moot, administratively close the case, and 28 1 55081448;1 1 retain jurisdiction. (ECF No. 110.) The parties stated their intention to file a stipulation to dismiss 2 the litigation with prejudice once the parties had effectuated the proposed settlement agreement. (Id.) 3 3. Following the administrative closure, the parties continued to work towards finalizing 4 the settlement; however, despite the undersigned parties' best efforts, the parties were unable to reach 5 an agreement as to the distribution of the surplus funds with Hampton. 6 4. As a result, the undersigned parties had to recently restructure the proposed 7 settlement agreement, which impacted the parties' ability to file dismissal documents by the court's 8 original deadline. 9 5. On September 18, 2020, the parties filed a status report and stipulation with the court. AKERMAN LLP The parties updated the court on the current status of settlement and requested additional time to 11 1635 VILAGE CENTER CIRCLE, SUITE 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 submit dismissal documents. 12 6. Since the prior stipulation, the parties have continued to make significant progress 13 towards resolving this action. The parties have fully executed the restructured settlement agreement 14 and completed the majority of condition precedents to dismissal. Nonetheless, despite the parties' 15 best efforts, one condition precedent remains. 16 7. The parties expect this matter to be resolved in the near term and respectfully request 17 the court extend the deadline to file dismissal documents by thirty (30) additional days. The parties 18 intend to file dismissal documents as soon as possible. 19 ... 20 ... 21 ... 22 ... 23 ... 24 ... 25 ... 26 ... 27 ... 28 ... 2 55081448;1 1 2 3 4 5 6 7 8 9 8. This is the parties' second request for an extension of this deadline and is not intended to cause any delay or prejudice to any party. DATED October 19, 2020. AKERMAN LLP ROGER P. CROTEAU & ASSOCIATES, LTD. /s/ Nicholas E. Belay MELANIE D. MORGAN, ESQ. Nevada Bar No. 8215 NICHOLAS E. BELAY, ESQ. Nevada Bar No. 15175 1635 Village Center Circle, Suite 200 Las Vegas, NV 89134 /s/ Timothy E. Rhoda ROGER P. CROTEAU, ESQ. Nevada Bar No. 4958 TIMOTHY E. RHODA, ESQ. 9120 West Post Rd., Ste. 100 Las Vegas, Nevada 89148 Attorney for Thunder Properties, Inc. AKERMAN LLP Attorneys for Plaintiff Bank of America, N.A. 11 1635 VILAGE CENTER CIRCLE, SUITE 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 LIPSON NEILSON P.C. 12 13 14 15 16 17 /s/ Amber M. Williams J. WILLIAM EBERT, ESQ. Nevada Bar No. 2697 AMBER M. WILLIAMS, ESQ. Nevada Bar No. 12301 9900 Covington Cross Dr., Ste. 120 Las Vegas, NV 89144 Attorneys for The Siena Homeowner's Association 18 19 ORDER IT IS SO ORDERED. 20 __________________________________ UNITED STATES DISTRICT JUDGE Case No. 3:16-cv-00188-MMD-CLB 21 22 10/20/2020 DATED: __________________________ 23 24 25 26 27 28 3 55081448;1

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