KRISTEN L. MIX, Magistrate Judge.
This matter is before the Court on
In the Motion, Defendant/Third-Party Plaintiff requests a stay of all proceedings in this case while a related state-court case, Westpac Aspen Investments LLC v. Preston B. Henn, et al., (the "State Court Action") proceeds. Motion [#68] at 4. Defendant/Third-Party Plaintiff explains that the State Court Action involves a dispute about an easement and that the instant action involves claims relating to a title insurance policy relating to the real property at issue in the State Court Action. Id. at 2. As a result, Defendant/Third-Party Plaintiff argues that "[i]f this case proceeds to trial prior to the resolution of the [State Court Action], there is a significant risk that there will be inconsistent verdicts regarding the existence of an easement, Plaintiffs' entitlement to damages, or the amount of Plaintiffs' damages, if any." Id. at 4
"[T]he power to stay proceedings is incidental to the power inherent in every court to control the disposition of the cases on its docket with economy of time and effort for itself, for counsel, and for litigants." Landis v. North American Co., 299 U.S. 248, 254 (1936); see also Clinton v. Jones, 520 U.S. 681, 706-07 (1997). "How this can best be done calls for the exercise of judgment, which must weigh competing interests and maintain an even balance." Id. at 254-55.
When exercising its discretion to enter a stay, the Court considers the following factors: (1) the interest of the plaintiff in proceeding expeditiously and the potential prejudice to the plaintiff of a delay; (2) the burden on the defendants; (3) the convenience to the Court; (4) the interests of nonparties; and (5) the public interest. String Cheese Incident, LLC v. Stylus Shows, Inc., No. 02-cv-01934-LTB-PA, 2006 WL 894955, at *2 (citing FDIC v. Renda, No. 85-2216-O, 1987 WL 348635, at *2 (D. Kan. Aug. 6, 1987) (unreported decision)).
In this case, a stay of all proceedings would apparently not prejudice or burden Defendant/Third-Party Plaintiff or Third-Party Defendant, as the Motion is support by both parties who will move forward with this litigation after Plaintiffs' claims are dismissed. See generally Defendant/Third-Party Plaintiff Fidelity National Title Insurance Company's Status Report Re: Motion to Stay Proceedings [#76]; Joinder Motion [#108]. Therefore, the Court finds that the first and second String Cheese Incident factors weigh in favor of a stay. With regard to the third factor, it is certainly more convenient for the Court to enter a stay while the parties litigate the underlying easement issue in state court. The Court therefore finds that the third String Cheese Incident factor weighs in favor of a stay. With regard to the fourth factor, there are no other non-parties with significant particularized interests in this case. Accordingly, the fourth String Cheese Incident factor neither weighs in favor nor against a stay. With regard to the fifth and final factor, the Court finds that the public's only interest in this case is a general interest in its efficient and just resolution. Avoiding wasteful efforts by the Court and litigants serves this interest. Thus, the fifth String Cheese Incident factor weighs in favor of a stay.
While the String Cheese Incident factors weigh in favor of a stay of proceedings, a stay of indeterminate length is undesirable. The Court finds that the same analysis that would support a stay in this case supports administrative closure pursuant to D.C.COLO.LCivR 41.2. Cf. Quinn v. CGR, 828 F.2d 1463, 1465 n.2 (10th Cir. 1987) (construing an order for administrative closure "as the practical equivalent of a stay."); Lavallee v. Crocs, Inc., No. 09-cv-02730-PAB-KLM, 2012 WL 5897186, at *2 (D. Colo. Nov. 20, 2012) (noting that "administratively closing a case is the practical equivalent of a stay"). This will allow the Court to retain jurisdiction over the case but to remove the case from the Court's active files. See Am. Heritage Life Ins. Co. v. Orr, 294 F.3d 702, 715 (5th Cir. 2002) ("the administrative closure reflects nothing more than the federal courts' overarching concern with tidy dockets").
Accordingly, for the reasons stated above,
IT IS HEREBY
IT IS FURTHER
The Court respectfully
The Court FURTHER
IT IS