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SFR Invs. Pool 1 v. The Bank of N.Y. Mellon

United States District Court, District of Nevada
Dec 27, 2022
2:22-cv-01802-CDS-NJK (D. Nev. Dec. 27, 2022)

Opinion

2:22-cv-01802-CDS-NJK

12-27-2022

SFR INVESTMENTS POOL 1, LLC, Plaintiff, v. THE BANK OF NEW YORK MELLON FKA THE BANK OF NEW YORK AS TRUSTEE FOR THE CERTIFICATEHOLDERS OF THE CWABS, INC., ASSET-BACKED CERTIFICATES, SERIES 2005-IM3; DOES I through X; and ROE BUSINESS ENTITIES I through X, inclusive, Defendants.

NATALIE L. WINSLOW, ESQ. AKERMAN LLP Attorneys for The Bank of New York Mellon fka The Bank of New York as trustee for the Certificateholders of the CWABS, Inc., Asset-Backed Certificates, Series 2005-IM3 HANKS LAW GROUP KAREN L. HANKS, ESQ. CHANTEL M. SCHIMMING, ESQ. Attorneys for SFR Investments Pool 1, LLC


NATALIE L. WINSLOW, ESQ. AKERMAN LLP Attorneys for The Bank of New York Mellon fka The Bank of New York as trustee for the Certificateholders of the CWABS, Inc., Asset-Backed Certificates, Series 2005-IM3

HANKS LAW GROUP KAREN L. HANKS, ESQ. CHANTEL M. SCHIMMING, ESQ. Attorneys for SFR Investments Pool 1, LLC

STIPULATION AND ORDER TO EXTEND TIME TO RESPOND TO COMPLAINT (FIRST REQUEST)

The Bank of New York Mellon fka The Bank of New York as trustee for the Certificateholders of the CWABS, Inc., Asset-Backed Certificates, Series 2005-IM3 (BoNYM) and SFR Investments Pool 1, LLC (SFR) stipulate that BoNYM shall have until January 17, 2023 to file a responsive pleading in this matter. The parties also stipulate that they will comply with Fed.R.Civ.P. 26 and LR 26-1 deadlines to submit a discovery plan from the date of the filing of the responsive pleading.

The parties do not believe the discovery plan deadline has yet been triggered.

I. Background.

SFR filed this suit originally in the Eighth Judicial District Court, Clark County Nevada in Case No. A-22-857406-C on August 24, 2022. At no time was BoNYM served, nor did it waive or accept service. BoNYM received notice of the complaint on September 27, 2022. BoNYM filed its removal within thirty (30) days of the notice on October 27, 2022. ECF No. 1. FED.R.CIV.P. 81(c) sets out the time period for filing responsive pleading in a removed case. FED.R.CIV.P. 6(a) sets out the method of computing time. Per Rule 81(c)(2) "[a] defendant who did not answer before removal must answer or present other defenses or objections under these rules within the longest of these period: (A) 21 days after receiving-through service or otherwise-a copy of the initial pleading stating the claim for relief; (B) 21 days after being served with the summons for an initial pleading on file at the time of service; or (C) 7 days after the notice of removal is filed."

The current deadline based on these rules appears to have been November 3, 2022 which is the longest of the periods stated-based on Rule 81(c)(2)(C).

Unfortunately, due to a calendaring error, no responsive deadline was ever placed on BoNYM's counsel's calendar.

II. Good Cause Exists to Grant the Request For an Extension of Time.

Under Federal Rule of Civil Procedure 6(b) and Local Rule 6-1 the Court may extend a deadline for good cause shown. The parties have been in active and productive settlement negotiations which are continuing. Good cause exists to grant the requested extension so BoNYM and SFR can continue to explore settlement. SFR is not prejudiced by this extension as SFR has agreed to the extension.

Regarding excusable neglect, undersigned counsel for BoNYM thought the deadline had not yet passed. Upon receiving an email from SFR's counsel, however, that the deadline had passed, BoNYM's counsel discovered the date had never been calendared. Given ongoing settlement discussions, SFR agreed to extend the deadline. BoNYM's counsel takes her responsibility to follow the deadlines seriously and will take measures to ensure this type of mistake does not occur in the future. ...

This is the parties first requested extension of this deadline and this additional extension is not intended to cause any delay or prejudice to any party.

ORDER

IT IS SO ORDERED:


Summaries of

SFR Invs. Pool 1 v. The Bank of N.Y. Mellon

United States District Court, District of Nevada
Dec 27, 2022
2:22-cv-01802-CDS-NJK (D. Nev. Dec. 27, 2022)
Case details for

SFR Invs. Pool 1 v. The Bank of N.Y. Mellon

Case Details

Full title:SFR INVESTMENTS POOL 1, LLC, Plaintiff, v. THE BANK OF NEW YORK MELLON FKA…

Court:United States District Court, District of Nevada

Date published: Dec 27, 2022

Citations

2:22-cv-01802-CDS-NJK (D. Nev. Dec. 27, 2022)