ORDER EXTENDING TIME TO FILE REQUEST TO DISSOLVE
The Court refers the parties to the orders issued February 24, 2012 and May 11, 2012 for a partial chronology of the proceedings. On June 24, 2011, plaintiff Paul M. Howard ("Plaintiff") filed his complaint against defendants Federal Home Loan Mortgage Corporation aka Freddie Mac, U.S. Bank, N.A., as Trustee for TruCap Grantor Trust 2010-2 ("US Bank") and Assured Lender Services, Inc. ("ALS"), asserting causes of action for (1) quiet title/declaratory relief (against all defendants), (2) injunctive relief (against US Bank and ALS), (3) breach of contract (against Freddie Mac) and (4) breach of the implied covenant to convey title free of liens (against Freddie Mac).
On June 24, 2011, Plaintiff filed a motion for a temporary restraining order enjoining US Bank and ALS from proceeding with a foreclosure sale of Unit 4 of real property located at 2108 Palisade Avenue, #1-4, Modesto, California 95350. Plaintiff further moved for issuance of an order to show cause re: preliminary injunction enjoining US Bank, ALS and their representatives from proceeding with the foreclosure sale during the pendency of the litigation.
On June 24, 2011, the Court granted Plaintiff's motion for a temporary restraining order and further directed US Bank and ALS to appear before the Court on July 11, 2011 and show cause why a preliminary injunction should not be granted "enjoining Defendants and their officers, employees, agents, servants, contractors, and representatives, and all persons and entities acting by or through them from proceeding with a Trustee Sale . . . on Unit 4" of the Palisade Avenue property.
After a series of continuances, the Court issued a preliminary injunction on February 24, 2012 enjoining and restraining US Bank, ALS and their officers, employees, agents, servants, contractors and representatives and all persons and entities acting by and through them from proceeding with a trustee's sale of Unit 4 of the Palisade Avenue property. Howard v. Federal Home Loan Mortgage Corporation, slip copy, 2012 WL 639458 (E.D.Cal. February 24, 2012).
On May 9, 2012, the case settled pursuant to a settlement conference held before the Magistrate Judge. By minute order issued May 11, 2012, the Magistrate Judge directed the parties to file a joint request to dissolve the preliminary injunction for this Court's consideration so that the necessary conveyances of the Palisade Avenue property could be accomplished. The joint request was due no later than May 30, 2012. No request had been filed as of May 31, 2012.
In light of the settlement, the Court hereby extends the time to file by two weeks. Accordingly, the parties shall have through June 13, 2012 to file a joint request to dissolve the preliminary injunction. If the parties fail to file a joint request by the foregoing date, an order to show cause re: monetary and terminating sanctions shall be issued forthwith by the Court. The Court further directs the parties to file a joint status report concurrently with the request to dissolve.
CHIEF UNITED STATES DISTRICT JUDGE
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