NANCY J. KOPPE, Magistrate Judge.
This matter was stayed effective December 5, 2014, when Magistrate Judge Nancy J. Koppe issued an Order staying this action pending the resolution of the malpractice lawsuit, entitled 70 Limited Partnership, et al. v. John Peter Lee, Ltd., et al., Case No. A-13-691389-C, Eighth Judicial District, State of Nevada, Clark County ("Malpractice action").
The Malpractice action involved allegations of attorney malpractice by John Peter Lee, Ltd., and John Peter Lee in connection with their work on an inverse condemnation case, captioned 70 Limited Partnership, et al. v. McCarron International Airport and Clark County, Clark County District Court, Case no A572739 ("McCarron action"). Moreover, the case, captioned F & C Collections, Inc. and John Peter Lee, Ltd., v. Estate of Thomas T. Beam, Jimma Lee Beam Revocable Trust, 70 Limited, LLC., Leigh, T&D, Inc., Jimma Lee Beam (deceased), Tertia Dvorchak and Bank of Nevada, Clark County District Court, Case No. A-13-680570-B ("Collection action"), began when John Peter Lee, Ltd., sought to recover the fees/costs earned prosecuting the McCarron action. The Malpractice action was filed after the Collection action approximately seven and one-half months later. On or about April 25, 2014, the Malpractice action was consolidated with the Collection action.
A settlement has been reached in the Collection action, and Malpractice action was dismissed. In light of these developments, the parties recently requested the Court lift the stay. The Court lifted the Stay effective August 17, 2017, and ordered the parties to file a proposed scheduling order by August 24, 2017.
This matter involves six parties. These parties are: (1) Evanston Insurance Company, (2) 70 Limited Partnership, (3) Tertia Dvorchak, (4) John Peter Lee, LTD., (5) the Estate of John Peter Lee, and (6) Harley E. Harmon Insurance Agency, Inc. Evanston Insurance Company, is the professional liability insurer of the deceased John Peter Lee and Mr. Lee's law firm — John Peter Lee, Ltd. Mr. Lee passed away during the time that this matter was stayed. 70 Limited Partnership and Tertia Dvorchak brought the Malpractice action against Mr. Lee and John Peter Lee, Ltd. The Estate of John Peter Lee and John Peter Lee. Ltd., filed a Third-Party Complaint against John Peter Lee, Ltd.'s insurance broker, Harley E. Harmon Insurance Agency, Inc., for claims related to the Malpractice action.
Within the last week, the parties have commenced settlement discussions. If the settlement discussions are successful, then the entire matter, including Counterclaims and Third-Party Complaints, will be dismissed. The parties request that the deadline for filing a proposed Scheduling Order be extended 13 days to provide the parties with sufficient time to continue their settlement discussions. If the settlement discussions are unsuccessful, then they will prepare and file a proposed Scheduling Order on or before September 6, 2017.
The Parties hereby stipulate that the deadline to file the proposed scheduling order be continued 13 days to September 6, 2017.
IT IS SO ORDERED.