Filed: Mar. 16, 2018
Latest Update: Mar. 16, 2018
Summary: STIPULATION AND ORDER TO STAY ENTIRE CASE PENDING SETTLEMENT (First Request) CARL W. HOFFMAN , Magistrate Judge . Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff/Counter-Defendant JPMorgan Chase Bank, N.A. ("Chase"), Defendant/Counterclaimant/Cross-Claimant SFR Investments Pool 1, LLC ("SFR") and Defendant Seven Hills Master Community Association ("Seven Hills") (collectively, the "Parties"), through their respective attorneys, stipulate as follows: 1. On or about January 11, 2018
Summary: STIPULATION AND ORDER TO STAY ENTIRE CASE PENDING SETTLEMENT (First Request) CARL W. HOFFMAN , Magistrate Judge . Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff/Counter-Defendant JPMorgan Chase Bank, N.A. ("Chase"), Defendant/Counterclaimant/Cross-Claimant SFR Investments Pool 1, LLC ("SFR") and Defendant Seven Hills Master Community Association ("Seven Hills") (collectively, the "Parties"), through their respective attorneys, stipulate as follows: 1. On or about January 11, 2018,..
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STIPULATION AND ORDER TO STAY ENTIRE CASE PENDING SETTLEMENT
(First Request)
CARL W. HOFFMAN, Magistrate Judge.
Pursuant to Local Rules LR IA 6-2 and LR 7-1, Plaintiff/Counter-Defendant JPMorgan Chase Bank, N.A. ("Chase"), Defendant/Counterclaimant/Cross-Claimant SFR Investments Pool 1, LLC ("SFR") and Defendant Seven Hills Master Community Association ("Seven Hills") (collectively, the "Parties"), through their respective attorneys, stipulate as follows:
1. On or about January 11, 2018, the Court entered an order extending discovery deadlines, which set the deadline to complete discovery for March 21, 2018 (ECF No. 48).
2. The Parties have since come to an agreement and are in the process of finalizing settlement.
3. Given the resolution and to avoid wasting resources and incurring potentially unnecessary expense associated with discovery and dispositive motions, the Parties agree, and hereby request, a stay of the case to give each side sufficient time and resources to finalize settlement.
4. The Parties anticipate that it may take approximately 90 days to finalize the settlement agreement, perform the material terms under the settlement agreement, and be in a position to dismiss this matter.
5. The Parties make this stipulation in good faith and not for purposes of delay.
IT IS SO ORDERED. IT IS FURTHER ORDERED that the parties must file a stip to dismiss or a joint status report by 6/15/2018.
IT IS SO ORDERED.
