The Bank of New York Mellon FKA The Bank of New York, as Trustee for the Certificateholders of CWALT, Inc., Alternative Loan Trust 2007-AL1, Mortgage Pass-Through Certificates, Series 2007-AL1 v. Highland Ranch Homeowners Association et al

Filing 55

ORDER re ECF No. 54 Notice of Settlement, directing that a status report or dismissal document(s) be filed with the Court within 30 days. Signed by Judge Larry R. Hicks on 6/17/2019. (Copies have been distributed pursuant to the NEF - KR)

Case 3:17-cv-00115-LRH-CBC Document 54 Filed 06/10/19 Page 1 of 3

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ROGER P. CROTEAU, ESQ.
Nevada Bar No. 4958
TIMOTHY E. RHODA, ESQ.
Nevada Bar No. 7878
ROGER P. CROTEAU & ASSOCIATES, LTD.
9120 West Post Road, Suite 100
Las Vegas, Nevada 89148
[phone]
[phone] (facsimile)
[e-mail]
Attorney for Defendant
AIRMOTIVE INVESTMENTS, LLC

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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***

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THE BANK OF NEW YORK MELLON FKA
THE BANK OF NEW YORK, AS TRUSTEE
FOR THE CERTIFICATEHOLDERS OF
CWALT, INC., ALTERNATIVE LOAN
TRUST 2007-AL1, MORTGAGE PASSTHROUGH CERTIFICATES SERIES 2007AL1, a New York corporation,

)
)
)
)
)
)
)
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Plaintiff, )
)
vs.
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)
HIGHLAND RANCH HOMEOWNERS
)
ASSOCIATION, a Nevada corporation;
)
AIRMOTIVE INVESTMENTS, LLC, a Nevada )
limited liability company; LETICIA RANGEL )
DE LOPEZ, an individual; LUIS LOPEZ)
LANDEROS, an individual; DOES 1 through )
10, inclusive, and ROES 1 through 10,
)
inclusive,
)
)
Defendants. )
)

Case No. 3:17-cv-00115-LRH-CBC

O R D E R REGARDING

NOTICE OF SETTLEMENT
COMES NOW, Defendant, AIRMOTIVE INVESTMENTS, LLC (“Airmotive”), and

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Plaintiff, THE BANK OF NEW YORK MELLON (“BONYM”), by and through their

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undersigned counsel, and hereby stipulate and agree as follows:

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6185 Arapaho

Case 3:17-cv-00115-LRH-CBC Document 54 Filed 06/10/19 Page 2 of 3

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1.

BONYM and Airmotive (collectively, the “Settling Parties”) have agreed upon

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the terms of an amicable settlement of all claims at issue between them in the

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instant action. The Parties are currently in the process of preparing settlement

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documents to formally memorialize and effect said settlement.

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2.

The Parties acknowledge that the deadline for appealing this Court’s Order [ECF

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#49] and Judgment [ECF #53] is on or about June 19, 2019. As partial

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consideration for the settlement, Airmotive has agreed not to file a notice of

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appeal. BONYM expressly acknowledges Airmotive’s agreement not to file a

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notice of appeal is additional consideration under the Parties’ settlement

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agreement and that Airmotive is relying in good faith upon BONYM’s

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representations that all claims at issue between them in this matter have been fully

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and finally resolved by agreement by not filing a notice of appeal.
10th

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Dated this

day of June, 2019.

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ROGER P. CROTEAU &
ASSOCIATES, LTD.

AKERMAN, LLP

/s/ Timothy E. Rhoda
TIMOTHY E. RHODA, ESQ.
Nevada Bar No. 7878
9120 West Post Road, Suite 100
Las Vegas, Nevada 89148
[phone]
[e-mail]
Attorney for Defendant
Airmotive Investments, LLC

/s/ William S. Habdas
WILLIAM S. HABDAS, ESQ.
Nevada Bar No. 13138
1635 Village Center Circle, Suite 200
Las Vegas, Nevada 89134
[e-mail]
Attorney for Plaintiff
Bank of New York Mellon

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IT IS
ORDER SO ORDERED.

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IT IS SO ORDERED.

By:
IT IS FURTHER ORDERED that a status report Judge, U.S. District Court shall be filed
or dismissal document(s)

with the court within 30 days of the date of this order.
Dated:
DATED this 17th day of June, 2019.
___________________________________
LARRY R. HICKS
UNITED STATES DISTRICT JUDGE
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6185 Arapaho