Bank Of America, N.A. v. Ticor Title Insurance Company

Filing 99

ORDER granting 98 Motion for Reconsideration re 98 Letter MOTION for Order of Sale MOTION for Reconsideration of Order Extending Duration of Rule 68 Offer and request for settlement conference including prnncipals of all parties filed by INET National Land Services, LLC, Dana Sharon, 97 MOTION for Extension of Time to File Response/Reply as to 89 Notice(Other) Offer of Judgment filed by Ticor Title Insurance Company, Order on Motion for Extension of Time to File Response/Reply, 90 Letter MOTION for pre motion conference re 25 Answer to Crossclaim, 24 Answer to Third Party Complaint, Counterclaim seeking leave to amend to assert cross-claims and Status Report per Order dated F ebruary 20, 2015 filed by INET National Land Services, LLC, Dana Sharon, Set/Reset Hearings, 92 MOTION for pre motion conference re 91 Status Report, 90 Letter MOTION for pre motion conference re 25 Answer to Crossclaim, 24 Answer to Third Party Complaint, Counterclaim seeking leave to amend to assert cross-claims and Status MOTION to Sever filed by Ticor Title Insurance Company. So Ordered by Magistrate Judge Anne Y. Shields on 4/7/2015. (Shields, Anne)

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UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK -------------------------------------------------------------X BANK OF AMERICA, N.A., Plaintiff, -againstTICOR TITLE INSURANCE COMPANY, Defendants. ------------------------------------------------------------------X TICOR TITLE INSURANCE COMPANY, Third-Party Plaintiff, -againstINET NATIONAL LAND SERVICES, LLC, DANA SHARON, THEODORE F. GOSMAN, GOSMAN LAW, P.C., ERIC L. BROOKS, MARIE A. MARTIAL, Third-Party Defendants, ------------------------------------------------------------------X THEODORE F. GOSMAN, GOSMAN LAW, PC., Cross-Claimants, -againstERIC L. BROOKS, DANA SHARON, MARIE MARTIAL, INET NATIONAL LAND SERVICES, LLC, Cross-Defendants, ----------------------------------------------------------------X THEODORE F. GOSMAN, GOSMAN LAW P.C., Counter-Claimants, -againstTICOR TITLE INSURANCE COMPANY, Counter-Defendant, MEMORANDUM AND ORDER CV 12-4373 (JMA)(AYS) ----------------------------------------------------------------X DANA SHARON, INET NATIONAL LAND SERVICES, LLC., Counter-Claimants, -againstTICOR TITLE INSURANCE COMPANY, Counter-Defendants. ----------------------------------------------------------------X SHIELDS, Magistrate Judge: On March 20, 2015, Third-Party Defendants INET Land Services. LLC (“INET”), and Dana Aronow, sued as Dana Sharon (“Sharon”) extended an offer of judgment pursuant to Rule 68 of the Federal Rules of Civil Procedure (the “Offer”) allowing Defendant/Third-Party Plaintiff Ticor Title Insurance Company/aka Chicago Title Insurance Company (“Ticor”), to enter judgment against them in the amount of $10,000, together with the costs accrued to date in full satisfaction of all claims. The Offer was set to expire, pursuant to the time period set forth in the Federal Rules, on April 3, 2014. On that day Defendant Ticor Title Insurance Company moved to have this court extend its time to respond to the Offer. The letter motion indicated that the parties were engaged in global settlement discussions. This court granted the extension of time by way of an electronic order dated April 4, 2014. INET and Sharon have now made clear that they never intended to consent to any extension of the time in which to extend the Offer and, indeed, oppose any such extension. Accordingly, INET and Sharon move to have this court reconsider the order granting the extension of time for Ticor to respond to the Offer. In light of INET and Sharon’s clear position that they have always opposed any extension of its Offer, the court hereby grants the motion to reconsider the order (DE 98) and denies the motion for an extension of time in which to respond to the Offer (DE 97). The Offer is therefore deemed withdrawn. In addition to seeking reconsideration, INET and Sharon have indicated that they are amenable to participating in a conference aimed at a global settlement of this matter. The court has previously scheduled a pre-motion conference on INET with respect to Sharon and INET’s proposed motion to amend their answer, for April 16, 2015. The Court hereby re-schedules that conference to April 30, 2015 at 2:00 P.M. In lieu of a pre-motion conference, the April 30, 2015 will be held as a global settlement conference that shall be attended by all parties to this matter. Clients with authority to settle are to appear at the conference. One week prior to the conference, each party shall fax an ex parte settlement statement to the court at 631-712-5715, indicating the terms upon which it is willing to agree to a global settlement. That letter shall also set forth the terms of any prior settlement agreements discussed but not yet finalized. The court is aware that INET and Sharon are seeking to amend their answers to assert cross-claims against Theodore Gosman, Gosman Law and Bank of America. While that matter has not yet been decided, settlement statements submitted pursuant to this order are to assume, for the purpose of the conference only, that the motions to amend will be granted. SO ORDERED _____/s____________________________ Anne Y. Shields United States Magistrate Judge Central Islip, New York April 7, 2015

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