Filed: May 08, 2018
Latest Update: May 08, 2018
Summary: JOINT STATUS REPORT REGARDING SETTLEMENT BETWEEN PLAINTIFFS AND DEFENDANT NATIONSTAR MORTGAGE, LLC PEGGY A. LEEN , Magistrate Judge . In accordance with Plaintiffs and Nationstar Mortgage, LLC's ("Nationstar") (collectively referred to as the "Parties") March 8, 2018 Notice of Settlement [ECF No. 21] and the Court's March 9, 2018 Minute Order [ECF No. 22], the Parties provide the following status report regarding settlement: Since reaching an agreement in principle on April 25, 2018 to res
Summary: JOINT STATUS REPORT REGARDING SETTLEMENT BETWEEN PLAINTIFFS AND DEFENDANT NATIONSTAR MORTGAGE, LLC PEGGY A. LEEN , Magistrate Judge . In accordance with Plaintiffs and Nationstar Mortgage, LLC's ("Nationstar") (collectively referred to as the "Parties") March 8, 2018 Notice of Settlement [ECF No. 21] and the Court's March 9, 2018 Minute Order [ECF No. 22], the Parties provide the following status report regarding settlement: Since reaching an agreement in principle on April 25, 2018 to reso..
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JOINT STATUS REPORT REGARDING SETTLEMENT BETWEEN PLAINTIFFS AND DEFENDANT NATIONSTAR MORTGAGE, LLC
PEGGY A. LEEN, Magistrate Judge.
In accordance with Plaintiffs and Nationstar Mortgage, LLC's ("Nationstar") (collectively referred to as the "Parties") March 8, 2018 Notice of Settlement [ECF No. 21] and the Court's March 9, 2018 Minute Order [ECF No. 22], the Parties provide the following status report regarding settlement:
Since reaching an agreement in principle on April 25, 2018 to resolve Plaintiffs' claims, the Parties have worked to prepare language sufficient to address the non-monetary terms of the settlement. Nationstar is in the process of preparing a draft settlement agreement and release for Plaintiffs' review. The Parties anticipate filing dismissal documents as soon as Plaintiffs review and execute the settlement agreement and receive the settlement funds from Nationstar.
Therefore, the Parties respectfully request an additional thirty [30] days to allow for the review and execution of the settlement agreement and release, and receipt of the settlement funds from Nationstar, and for the Parties to prepare and file dismissal documents.
IT IS ORDERED that the settling parties shall have an additional 30 days or until June 7, 2018, to either file a stipulation to dismiss with prejudice, or a joint status report advising when the stipulation to dismiss will be filed.
