Filed: Oct. 25, 2018
Latest Update: Oct. 25, 2018
Summary: STIPULATION AND ORDER TO EXTEND RENEWED MOTION DEADLINE (Third Request) RICHARD F. BOULWARE, II , District Judge . Pursuant to LR IA 6-1, LR IA 6-2, and LR 7-1, the parties, by and through their respective attorneys of record, stipulate as follows: 1. On August 23, 2018 the parties filed a Stipulation and Order to Extend Motion Deadline pursuant to the court's July 13, 2018 Amended Order. ECF No. 56. 2. On August 27, 2018, the court issued a minute order granting in part and denying in pa
Summary: STIPULATION AND ORDER TO EXTEND RENEWED MOTION DEADLINE (Third Request) RICHARD F. BOULWARE, II , District Judge . Pursuant to LR IA 6-1, LR IA 6-2, and LR 7-1, the parties, by and through their respective attorneys of record, stipulate as follows: 1. On August 23, 2018 the parties filed a Stipulation and Order to Extend Motion Deadline pursuant to the court's July 13, 2018 Amended Order. ECF No. 56. 2. On August 27, 2018, the court issued a minute order granting in part and denying in par..
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STIPULATION AND ORDER TO EXTEND RENEWED MOTION DEADLINE (Third Request)
RICHARD F. BOULWARE, II, District Judge.
Pursuant to LR IA 6-1, LR IA 6-2, and LR 7-1, the parties, by and through their respective attorneys of record, stipulate as follows:
1. On August 23, 2018 the parties filed a Stipulation and Order to Extend Motion Deadline pursuant to the court's July 13, 2018 Amended Order. ECF No. 56.
2. On August 27, 2018, the court issued a minute order granting in part and denying in part the parties' Stipulation and Order to Extend Motion Deadline per July 13, 2018 Amended Order. ECF No. 57. The court granted an extension for all renewed motions to be filed on or before September 24, 2018. Id.
3. The parties requested and obtained an extension to file all renewed motion to October 24, 2018. ECF No. 62.
4. The parties are still actively engaging in settlement negotiations. The parties agree that extending the current deadline for filing renewed motions is necessary to the viability of these negotiations, particularly as it will conserve litigation costs and allow the parties to continue to focus their resources on settlement. Negotiations in this case require additional time, because the HOA must obtain approval from the HOA's Board for authority. Wells Fargo has presented a formal written settlement offer to the HOA, and it is currently under evaluation. The parties are working as quickly as possible and are not seeking this extension to unduly delay this action. This extension is made in good faith for the sole purpose of providing the parties the additional time they need to pursue settlement. This constitutes good cause to extend the renewed motion deadline by thirty (30) days or until November 23, 2018 and demonstrates excusable neglect for the timing of the submission of this stipulation.
5. Plaintiff settled its claims against Saticoy Bay on or about September 12, 2018 [ECF No. 59], so the only remaining parties with an interest in this requested relief are Plaintiff and the HOA.
ORDER
IT IS SO ORDERED.
