Nationstar Mortgage LLC v. Ravenstar Investments, LLC et al

Filing 137

ORDER granting ECF No. 136 Stipulation of Dismissal : Nationstar and Highland Ranch stipulate and agree that all claims in this matter asserted by Nationstar against Highland Ranch are dismissed with prejudice, each party to bear its own attorneys' fees and costs. Signed by Chief Judge Miranda M. Du on 4/20/2021. (Copies have been distributed pursuant to the NEF - DRM)

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MELANIE D. MORGAN, ESQ.
Nevada Bar No. 8215
SCOTT R. LACHMAN, ESQ.
Nevada Bar No. 12016
AKERMAN LLP
1635 Village Center Circle, Suite 200
Las Vegas, NV 89134
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
Email: [e-mail]
Attorneys for plaintiff and counter-defendant
Nationstar Mortgage LLC
UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

AKERMAN LLP

1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

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NATIONSTAR MORTGAGE LLC,

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Case No.: 3:16-cv-00638-MMD-WGC

Plaintiff,

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vs.

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RAVENSTAR
INVESTMENTS,
LLC;
NICHOLAS
HEATHMAN;
HIGHLAND
RANCH HOMEOWNERS ASSOCIATION; and
GAYLE A. KERN & ASSOCIATES, LTD.,
d/b/a KERN & ASSOCIATES, LTD.,

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Defendants.

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RAVENSTAR INVESTMENTS,
NICHOLAS HEATHMAN,

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vs.
NATIONSTAR MORTGAGE LLC,
Counterdefendant.
RAVENSTAR INVESTMENTS, LLC,

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and

Counterclaimants,

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LLC

Crossclaimant,
vs.
HIGHLAND
RANCH
ASSOCIATION,

HOMEOWNERS

Cross-defendant.

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56716191;1

STIPULATION TO DISMISS
NATIONSTAR MORTGAGE LLC'S
CLAIMS AGAINST HIGHLAND RANCH
HOMEOWNERS ASSOCIATION

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Plaintiff and counter-defendant Nationstar Mortgage LLC and defendant and cross-defendant
Highland Ranch Homeowners Association stipulates as follows:

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1.

89433, APN No. 508-301-11 (the property).

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The matter relates to real property located at 6453 Caddo Court, Sun Valley, Nevada

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Nationstar is the beneficiary of record of a deed of trust encumbering the property

recorded with the Washoe County Recorder on April 30, 2004, as Document No. 3031311.

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3.

On April 16, 2013, Highland Ranch recorded a deed in foreclosure of assessment lien

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with the Washoe County Recorder, as Document No. 4226799, reflecting Highland Ranch purchased

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the property at a foreclosure sale held on or about April 10, 2013 (the foreclosure deed).

AKERMAN LLP

1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

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4.

Nationstar and Highland Ranch have entered into a confidential settlement agreement

in which they have settled all claims between them in this case.

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5.

Highland Ranch also agrees that Nationstar does not waive its right to seek relief

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against the non-settling parties, including but not limited to defendant and counterclaimant

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Ravenstar Investments, LLC, related to its remaining claims in this action. Nationstar does not

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admit the deed of trust was extinguished, and any consideration exchanged for the dismissal of the

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claims against Highland Ranch is not intended to be compensation for any loss of the deed of trust,

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but instead compensates Nationstar for fees incurred in litigating the propriety and effect of

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Highland Ranch's foreclosure sale and related conduct.

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6.

Nationstar and Highland Ranch further stipulate and agree that all claims in this

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matter asserted by Nationstar against Highland Ranch are dismissed with prejudice, each party to

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bear its own attorneys' fees and costs.

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…

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…

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…

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…

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…

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…

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…
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56716191;1

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7.
stipulation.

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Nationstar and Highland Ranch request the court enter an order approving this

DATED: April 20, 2019
AKERMAN LLP

LAXALT & NOMURA, LTD.

/s/ Scott R. Lachman
MELANIE D. MORGAN, ESQ.
Nevada Bar No. 8215
SCOTT R. LACHMAN, ESQ.
Nevada Bar. No. 12016
1635 Village Center Circle, Suite 200
Las Vegas, Nevada 89134

/s/ Ryan W. Leary
HOLLY S. PARKER, ESQ.
Nevada Bar No. 10181
RYAN W. LEARY, ESQ.
Nevada Bar No. 11630
9790 Gateway Drive, Suite 200
Reno, Nevada 89521

Attorneys for plaintiff and counter-defendant
Nationstar Mortgage LLC

Attorney for defendant and cross-defendant
Highland Ranch Community Association

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AKERMAN LLP

1635 VILLAGE CENTER CIRCLE, SUITE 200
LAS VEGAS, NEVADA 89134
TEL.: [phone] – FAX: [phone]

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ORDER
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IT IS SO ORDERED.
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_________________________________________
UNITED STATES DISTRICT JUDGE

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DATED:

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56716191;1

April 20, 2021