United States District Court, D. Nevada
FEDERAL DEPOSIT INSURANCE CORPORATION AS RECEIVER OF WASHINGTON MUTUAL BANK, Plaintiff,
NEVADA TITLE COMPANY, Defendant.
K. Larsen, Esq., Scott D. Fleming, Esq., Orlando Villalba,
Esq., MORTGAGE RECOVERY LAW GROUP, LLP., Attorneys for
Plaintiff Federal Deposit Insurance Corporation as Receiver
of Washington Mutual Bank.
WILSON, ELSER, MOSKOWITZ, EDELMAN & DICKER LLP, Sheri M.
Thome, Esq., Chad C. Butterfield, Esq., Attorneys for
Defendant Nevada Title Company.
STIPULATION AND ORDER TO EXTEND DEADLINE TO FILE
JOINT PRETRIAL ORDER
Federal Deposit Insurance Corporation as Receiver of
Washington Mutual Bank (“FDIC-R”) and Defendant,
Nevada Title Company (“Nevada Title”)
(collectively the “Parties”), by and through
their respective counsel, hereby file this Stipulation and
Order to Continue the Deadline to File the Joint Pre-Trial
Order an additional three weeks to December 7, 2017. This
request complies with Local Rules (“LR”) IA 6-1,
IA 6-2, and 26-4, and is supported by good cause as set forth
case arises out of Nevada Title's closing of a real
estate transaction that was funded, in part, by a loan issued
by Washington Mutual Bank. The real estate transaction was
subsequently determined to have been a fraud perpetrated by
the seller, buyer, and others involved in the transaction.
FDIC-R contends Nevada Title failed to comply with the
Washington Mutual Bank's Closing Instructions, which
allegedly caused it to sustain damages when the buyer
defaulted on the loan. On March 30, 2017, the Court issued an
order on the Parties' respective motions for summary
judgment and ordered a settlement conference. (ECF No. 51).
The parties attended the settlement conference in good faith
but were unable to resolve this matter. The parties agreed to
continue their good faith efforts to resolve this matter, and
participated in a private mediation on October 26, 2017. The
parties reached a settlement in principle and are continuing
to draft and negotiate the terms of a long form settlement
agreement. Accordingly, the parties respectfully request that
the deadline to file the joint pretrial order be extended an
additional three weeks, to provide the parties additional
time to finalize the terms of the final written settlement
agreement without prejudicing their clients' rights in
is closed. The Joint Pretrial Order is due on or before
September 18, 2017.
Parties propose extending the deadline for filing the Joint
Pretrial Order from November 16, 2017, to December 7, 2017.
other deadlines shall remain in effect.
DISCOVERY COMPLETED BY THE PARTIES