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JPMorgan Chase Bank N.A. v. SFR Investments Pool 1, LLC, 2:17-cv-00074-JCM-PAL. (2018)

Court: District Court, D. Nevada Number: infdco20181015b01 Visitors: 12
Filed: Oct. 11, 2018
Latest Update: Oct. 11, 2018
Summary: ORDER PEGGY A. LEEN , Magistrate Judge . This matter is before the court on the parties' Joint Status Report (ECF No. 55). On June 28, 2018, the district judge entered an Order (ECF No. 49) resolving the parties' motions for summary judgment and directing that SFR submit a proposed judgment within 30 days. SFR and JP Morgan Chase filed a Notice of Settlement (ECF No. 52) on July 31, 2018 requesting that the court stay entry of the judgment in this case for 60 days "to complete the settleme
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ORDER

This matter is before the court on the parties' Joint Status Report (ECF No. 55).

On June 28, 2018, the district judge entered an Order (ECF No. 49) resolving the parties' motions for summary judgment and directing that SFR submit a proposed judgment within 30 days. SFR and JP Morgan Chase filed a Notice of Settlement (ECF No. 52) on July 31, 2018 requesting that the court stay entry of the judgment in this case for 60 days "to complete the settlement process". The court entered an Order (ECF No. 53) granting the parties' request for 60 days to complete their settlement and to file a stipulation to dismiss with prejudice.

In the current joint status report, the settling parties request another 60-day extension because, although the settlement documents have been signed, they need an additional 60 days "by the nature of the performance," and Chase and the HOA are still in settlement discussions.

This case should have been closed by entry of the judgment consistent with the district judge's order months ago. The parties are, of course, free to settle a case after entry of judgment, but the court will not keep granting extensions keeping cases that have been resolved by summary judgment open on its docket.

IT IS ORDERED that the parties shall have a final extension until November 30, 2018, to file a stipulation to dismiss with prejudice, or a judgment as directed by the district judge. No further extensions will be granted.

Source:  Leagle

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