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U.S. Bank National Association v. Countryside Homeowners Association, 2:15-cv-1463-RCJ-DJA. (2019)

Court: District Court, D. Nevada Number: infdco20191231b25 Visitors: 2
Filed: Dec. 26, 2019
Latest Update: Dec. 26, 2019
Summary: ORDER ROBERT C. JONES , District Judge . COMES NOW, Plaintiff U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR THE HOLDERS OF THE CSFB MORTGAGE SECURITIES COP., ADJUSTABLE RATE MORTGAGE TRUST 2005-8, ADJUSTABLE RATE MORTGAGE-BACKED PASS-THROUGH CERTIFICATES, SERIES 2005-8 ("U.S. Bank"), and Defendant COUNTRYSIDE HOMEOWNERS' ASSOCIATION ("Countryside"), by and through their undersigned counsel and hereby stipulate and agree as follows: 1. On November 19, 2019, this Court entered an Order set
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ORDER

COMES NOW, Plaintiff U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR THE HOLDERS OF THE CSFB MORTGAGE SECURITIES COP., ADJUSTABLE RATE MORTGAGE TRUST 2005-8, ADJUSTABLE RATE MORTGAGE-BACKED PASS-THROUGH CERTIFICATES, SERIES 2005-8 ("U.S. Bank"), and Defendant COUNTRYSIDE HOMEOWNERS' ASSOCIATION ("Countryside"), by and through their undersigned counsel and hereby stipulate and agree as follows:

1. On November 19, 2019, this Court entered an Order setting a briefing deadline for December 6, 2019. ECF No. 106.

2. U.S. Bank and Countryside have agreed upon terms of an amicable settlement of all the claims between them in the instant action. U.S. Bank and Countryside are currently in the process of drafting settlement documents to formally memorialize and effect said settlement.

3. U.S. Bank and Countryside acknowledge the binding nature of their settlement and that the deadline for briefing is approaching. As partial consideration for the settlement, Countryside will not have to brief the resolved claims. Countryside is relying in good faith upon U.S. Bank's representation that the claims have been resolved by agreement.

4. The settlement is only between U.S. Bank and Countryside. U.S. Bank's claims against KK Real Estate Investment Fund remain and are not altered or amended by this settlement.

WHEREFORE, in light of the settlement, U.S. Bank and Countryside respectfully request the court set a deadline sixty (60) days of this Notice of Settlement to file dismissal paperwork as to the claims against Countryside.

IT IS SO ORDERED.

Source:  Leagle

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