STIPULATION AND PROPOSED ORDER, PURSUANT TO LOCAL RULE IA 6-1, TO EXTEND THE DEADLINE FOR FILING A PROPOSED SCHEDULING ORDER (Fourth Request)

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 was 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.

In the second half of August of 2017, the parties commenced settlement discussions. The parties requested that the deadline for filing a proposed Scheduling Order be extended from August 24, 2017 to September 6, 2017, so that the parties would have time to continue their settlement discussions. The Court granted the request and signed the Stipulation. Thereafter, the parties made a second request that the deadline for filing a proposed Scheduling Order be extended from September 6, 2017 to September 13, 2017, for the parties to continue their settlement discussions. The Court granted the request and signed the Stipulation. Recently, the parties made a third request that the deadline for filing a proposed Scheduling Order be extended from September 13, 2017 to September 22, 2017. The Court granted the request and signed the Stipulation.

During the past month, the parties have continued settlement discussions. Evanston Insurance Company, on the one hand, and John Peter Lee, LTD., and the Estate of John Peter Lee, on the other hand, have been tentatively settled. The claims asserted by Evanston Insurance Company against Tertia Dvorchak and 70 Limited Partnership have been tentatively settled. The remaining claim is the claim of John Peter Lee, LTD.; and the Estate of John Peter Lee, on the other hand, against Harley E. Harmon Insurance Agency, Inc., on the other hand. As of yesterday, the parties were making substantial progress toward resolving the remaining claim but no final deal has been worked out yet. The parties are optimistic that the settlement of this remaining claim is imminent.

The parties request that the deadline for filing a proposed Scheduling Order be extended 21 days to provide the parties involved with sufficient time to enter into written settlement agreements and dismiss the lawsuit.

The Parties hereby stipulate that the deadline to file the proposed Scheduling Order be continued 21 days to October 13, 2017.

IT IS SO ORDERED.