US Bank National Association, as Trustee for Asset-Backed Pass-Through Certificates, Series 2006-NC2 v. Thunder Properties Inc. et al

Filing 36

ORDER granting ECF No. 35 Stipulation to Stay Briefing on ECF No. 26 Motion for Partial Summary Judgment. Parties to file a Status Report providing briefing schedule on MSJ ECF No. 26 or further update regarding settlement on or before 4/13/2018. Signed by Judge Robert C. Jones on 3/9/2018. (Copies have been distributed pursuant to the NEF - KW)

Case 3:17-cv-00203-RCJ-WGC Document 35 Filed 03/08/18 Page 1 of 3

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Jeffrey Willis, Esq.
Nevada Bar No. 4797
Nathan G. Kanute, Esq.
Nevada Bar No. 12413
SNELL & WILMER L.L.P.
50 West Liberty Street, Suite 510
Reno, Nevada 89501-1961
Telephone: [phone]
Facsimile: 775-785-5441
Email: [e-mail]
[e-mail]
Attorneys for Plaintiff US Bank National
Association, as Trustee for Asset-Backed PassThrough Certificates, Series 2006-NC2

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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Snell & Wilmer

L.L.P.
LAW OFFICES
50 West Liberty Street, Suite 510
Reno, Nevada 89501
775-785-5440

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US BANK NATIONAL ASSOCIATION, AS
TRUSTEE FOR ASSET-BACKED PASSTHROUGH CERTIFICATES, SERIES 2006NC2,

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Plaintiff,

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vs.

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THUNDER PROPERTIES INC., a Nevada
corporation; HIGHLAND RANCH
HOMEOWNERS ASSOCIATION, a Nevada
non-profit corporation; and GAYLE A. KERN,
LTD., a Nevada professional corporation, d/b/a
Kern & Associates, Ltd.;

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Case No. 3:17-cv-00203-RCJ-WGC

STIPULATION AND ORDER TO STAY
BRIEFING ON HIGHLAND RANCH
HOMEOWNERS ASSOCIATION’S
MOTION FOR PARTIAL SUMMARY
JUDGMENT
(FIRST REQUEST)

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Defendants.
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Plaintiff US Bank National Association, as Trustee for Asset-Backed Pass-Through

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Certificates, Series 2006-NC2 (“US Bank”) and Defendant Highland Ranch Homeowners

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Association, (“Highland”) and Defendant Thunder Properties, Inc. (“Thunder Properties” and

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jointly with US Bank and Highland, the “Parties”), by and through their respective counsel, hereby

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stipulate and agree as follows:

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By stipulation and order (ECF No. 33), a response to Highland’s Motion for Partial

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Summary Judgment (the “MSJ” ECF No. 26) would be due March 9, 2018. However, US Bank
4827-7966-6271

Case 3:17-cv-00203-RCJ-WGC Document 35 Filed 03/08/18 Page 2 of 3

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and Thunder Properties have agreed to settlement terms and are working on a mutually agreeable

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settlement agreement. Additionally, US Bank and Highland are likely to reach final settlement

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terms shortly. Given that the Parties are working toward final settlement, the Parties agree to

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stay any further briefing on Highland’s MSJ. To the extent settlement is reached, the Parties

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anticipate filing a notice of settlement on the record. If settlement terms are not finalized within

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30 days of this stipulation, the Parties will submit a status report with the Court providing either

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a briefing schedule or further update regarding settlement. Based on the foregoing, the Parties

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respectfully request that the Court grant this stipulation.

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Dated: March 8, 2018

Dated: March 8, 2018

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SNELL & WILMER L.L.P.

LAXALT & NOMURA, LTD.

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By: /s/ Nathan G. Kanute
Jeffrey Willis, Esq.
Nathan G. Kanute, Esq.
50 West Liberty Street, Suite 510
Reno, NV 89501-1961
Attorneys for Plaintiff

By: _/s/ Holly S. Parker
Holly S. Parker, Esq.
Ryan W. Leary, Esq.
9600 Gateway Drive
Reno, NV 89521
Attorneys for Highland Ranch
Homeowners Association

Snell & Wilmer

L.L.P.
LAW OFFICES
50 West Liberty Street, Suite 510
Reno, Nevada 89501
775-785-5440

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Dated: March 8, 2018

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ROGER P. CROTEAU & ASSOCIATES, LTD

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_

By: /s/ Timothy E. Rhoda
Timothy E. Rhoda, Esq.
9120 W. Post Rd.
Las Vegas, NV 89148
Attorneys for Thunder Properties

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ORDER

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IT IS HEREBY ORDERED that briefing on Highland’s Motion for Partial Summary Judgment (ECF No. 26) is
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STAYED.
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IT IS FURTHER ORDERED that the parties shall file a Status Report providing either a briefing schedule on
Highland’s Motion for Partial Summary Judgment (ECF No. 26) or further update regarding settlement on or before
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ORDER
Friday, April 13, 2018.
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IT IS SO ORDERED.

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UNITED STATES DISTRICT COURT JUDGE

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DATED:

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March 9, 2018.
4827-7966-6271

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