Filed: Jun. 18, 2018
Latest Update: Jun. 18, 2018
Summary: STIPULATION AND [PROPOSED] ORDER TO EXTEND STAY OF LITIGATION AND DISCOVERY BASED ON PENDING SETTLEMENT GEORGE FOLEY, JR. , Magistrate Judge . Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff JPMorgan Chase Bank, N.A. ("Chase"), and Defendants SFR Investments Pool 1, LLC ("SFR") and Sierra Ranch Homeowners Association ("Sierra Ranch") (collectively, the "Parties"), 1 by and through their respective undersigned counsel, stipulate as follows: 1. On May 24, 2018, the Court enter
Summary: STIPULATION AND [PROPOSED] ORDER TO EXTEND STAY OF LITIGATION AND DISCOVERY BASED ON PENDING SETTLEMENT GEORGE FOLEY, JR. , Magistrate Judge . Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff JPMorgan Chase Bank, N.A. ("Chase"), and Defendants SFR Investments Pool 1, LLC ("SFR") and Sierra Ranch Homeowners Association ("Sierra Ranch") (collectively, the "Parties"), 1 by and through their respective undersigned counsel, stipulate as follows: 1. On May 24, 2018, the Court entere..
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STIPULATION AND [PROPOSED] ORDER TO EXTEND STAY OF LITIGATION AND DISCOVERY BASED ON PENDING SETTLEMENT
GEORGE FOLEY, JR., Magistrate Judge.
Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff JPMorgan Chase Bank, N.A. ("Chase"), and Defendants SFR Investments Pool 1, LLC ("SFR") and Sierra Ranch Homeowners Association ("Sierra Ranch") (collectively, the "Parties"),1 by and through their respective undersigned counsel, stipulate as follows:
1. On May 24, 2018, the Court entered a Stipulation and Order to Stay Litigation and Discovery Based on Pending Mediation. (ECF No. 25.)
2. At the time of the mediation on June 6, 2018, Chase and SFR were able to come to an agreement and are in the process of finalizing settlement.
3. Additionally, Chase and Sierra Ranch are discussing a possible resolution of this matter.
4. Given the pending settlement between Chase and SFR, and the settlement discussions between Chase and Sierra Ranch, and in an effort to avoid wasting resources and incurring potentially unnecessary expense associated with discovery, the Parties agree to, and hereby request, an extended stay of this case.
5. The Parties make this stipulation in good faith and not for purposes of delay.
IT IS SO ORDERED:
