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The Bank of New York Mellon v. Traccia Community Association, 2:17-cv-01802-JCM-NJK (6). (2018)

Court: District Court, D. Nevada Number: infdco20180309f42 Visitors: 7
Filed: Mar. 08, 2018
Latest Update: Mar. 08, 2018
Summary: STIPULATION AND ORDER RE: SECOND AMENDED NOTICE OF RULE 30(b)(6) DEPOSITION OF THE BANK OF NEW YORK MELLON FKA THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATEHOLDERS CWMBS, INC., CHL MORTGAGE PASS-THROUGH TRUST 2006-3 MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-3. NANCY J. KOPPE , Magistrate Judge . Plaintiff The Bank of New York Mellon fka The Bank of New York, as Trustee for The Certificateholders CWMBS, Inc., CHL Mortgage Pass-Through Trust 2006-3 Mortgage Pass-Through Certifica
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STIPULATION AND ORDER RE: SECOND AMENDED NOTICE OF RULE 30(b)(6) DEPOSITION OF THE BANK OF NEW YORK MELLON FKA THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATEHOLDERS CWMBS, INC., CHL MORTGAGE PASS-THROUGH TRUST 2006-3 MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-3.

Plaintiff The Bank of New York Mellon fka The Bank of New York, as Trustee for The Certificateholders CWMBS, Inc., CHL Mortgage Pass-Through Trust 2006-3 Mortgage Pass-Through Certificates, Series 2006-3 (BoNYM)) and SFR Investments Pool 1, LLC (SFR) stipulate as follows:

1. SFR served a notice of Rule 30(b)(6) deposition continuing 14 topics on BoNYM on February 15, 2018. The deposition is scheduled for March 8, 2018.

2. SFR served a substantially similar notice of Rule 30(b)(6) deposition on Bank of America, N.A. (BANA) in Bank of Am., N.A. v. Lake Mead Court Homeowners' Ass'n et al, D. Nev. Case. No. 2:16-cv-00504-GMN-NJK. BANA, through Akerman LLP (who also represents BoNYM in this case) initially disputed seven of the thirteen noticed topics: (1) topic 5, which seeks information concerning BANA's alleged damages; (2) topic 6, which seeks information concerning what investigation, if any, BANA made into title or encumbrances before acquiring an interest in the deed of trust; (3) topic 7, which seeks information concerning what investigation, if any, BANA made into title or encumbrances before the HOA's foreclosure sale; (4) topic 8, which seeks information concerning BANA's acquisition of its interest in the note and deed of trust; (5) topic 9, which seeks information concerning BANA's "knowledge regarding creation, execution and recording" of the recorded assignment(s); (6) topic 11, which seeks information concerning BANA's communications with its "predecessor in interest" regarding the HOA's CC&Rs "and title or encumbrances;" and (7) topic 12, which seeks information concerning "[a]l facts and circumstances in which [BANA] contend[s] that [the HOA] and its foreclosure agent failed to comply" with NRS chapter 116 in conducting the foreclosure sale (collectively, the disputed topics).

3. BANA and SFR met and conferred concerning the disputed topics pursuant to L.R. 26-7 in connection SFR's deposition notice in Lake Mead. SFR agreed to limit or withdraw four of the seven disputed topics based on the meet and confer. To avoid unnecessary fees and costs, BoNYM and SFR stipulate to apply the agreement BANA and SFR reached in the Lake Mead meet and confer to SFR's notice of deposition in this case as set forth below:

a. Topic 6: SFR's inquiry into topic 6 shall be limited to investigations into title that revealed Traccia Community Association's lien.

b. Topic 7: SFR's inquiry into topic 7 shall be limited to investigations into title that revealed Traccia Community Association's lien and/or foreclosure notices.

c. Topic 11: SFR's inquiry into topic 11 shall be limited to communications between BoNYM and its "predecessor in interest" regarding Traccia Community Association's foreclosure notices, CC&Rs and lien.

d. Topic 12: SFR has already or will seek the information it seeks to obtain through deposition topic 12 via an interrogatory. BoNYM agrees to substantively respond to SFR's interrogatory subject to any written objections. SFR will withdraw deposition topic 12 when BoNYM serves its interrogatory response.

4. BANA and SFR were unable to resolve their dispute concerning the remaining three disputed topics (i.e., topics 5, 8 and 9) during their Lake Mead meet and confer but, to avoid litigation costs and unnecessarily burdening the Court with substantially-similar motions for protective order and agreed the parties will apply the Court's ruling in other similarly-situated cases. BANA moved for a protective order in Lake Mead on January 24, 2018. The motion remains pending.

5. Pursuant to the agreement reached in the Lake Mead meet and confer, BoNYM and SFR agree the Court's order on BANA's motion for protective order in Lake Mead, D. Nev. Case No. 2:16-cv-00504-GMN-NJK, ECF No. 70, shall apply to SFR's notice of deposition in this case. SFR further stipulates BoNYM's deposition in this case is stayed as to all topics pending the Court's ruling on BANA's motion for protective order in Lake Mead. SFR and BoNYM will confer about a mutually-agreeable deposition date once an order enters in Lake Mead.

6. BoNYM and SFR jointly request the Court approve this stipulation as an order of the Court.

Source:  Leagle

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