Four in One Company, Inc. v. SK Foods, L.P. et al

Filing 279

STIPULATION and ORDER signed by District Judge Kimberly J. Mueller on 6/4/2018 CONTINUING Status Conference for 9 months to address status of the potential distributions from the bankruptcy proceedings. Status Conference RESET for 3/14/2019, at 02:30 PM, in Courtroom 3 (KJM), before District Judge Kimberly J. Mueller. (York, M)

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5 Michael P. Lehmann Arthur N. Bailey, Jr. HAUSFELD LLP 600 Montgomer Street, Suite 3200 San Francisco, CA 94111 Telephone: (415) 633-1908 Facsimile: (415) 358-49800 mlehmann@hausfeldllp.com abailey@hausfeldllp.com 6 Class Counsel 7 [Additional counsel on signature page] 1 2 3 4 8 9 UNITED STATES DISTRICT COURT 10 EASTERN DISTRICT OF CALIFORNIA, SACRAMENTO DIVISION 11 12 13 FOUR IN ONE COMPANY, INC., on behalf of itself and all others similarly situated, 14 15 16 17 18 19 Case No. 08-cv-3017 KJM EFB STIPULATION AND ORDER TO CONTINUE STATUS CONFERENCE Plaintiffs, v. SK FOODS, L.P., INGOMAR PACKING COMPANY, LOS GATOS TOMATO PRODUCTS, SCOTT SALYER, STUART WOOLF and GREG PRUETT, Date: Time: Place: Judge: June 7, 2018 2:30 p.m. Courtroom 3 Hon. Kimberly J. Mueller Defendants. 20 21 22 23 24 25 26 27 28 WHEREAS, on September 16, 2014, the United States Bankruptcy Court for the Eastern District of California entered an order confirming the "Second Amended Joint Plan of Liquidation of SK Foods, LP and its Substantively Consolidated Affiliates (July 16, 2014)" [Dkt. No. 4980] (the "SK Foods Bankruptcy Plan") in the Chapter 11 bankruptcy action filed by Defendant SK Foods, L.P. (Case No. 09-29162-D-11); and WHEREAS, all funds from the Class settlements with Ingomar Packing Company, Los Gatos Tomato Products, Stuart Woolf and Greg Pruett have been paid and distributed to the Class and Final Judgment has been entered as to these Defendants [Dkt No. 272]; and STIPULATION AND ORDER -1- CASE NO. 08-CV-3017 1 WHEREAS all funds previously recovered through the SK Foods bankruptcy action have 2 been paid and distributed to the Class and the only potential source of further distributions to the 3 Class are additional funds recovered pursuant to the SK Foods Bankruptcy Plan in the bankruptcy 4 action; and 5 WHEREAS, the Chapter 11 Trustee has informed Class Counsel that there may be 6 monetary recovery obtained through adversary proceedings against the law firm of Kasowitz, 7 Benson, Torres & Friedman LLP, and Donald J. Putterman in the Bankruptcy Court for the 8 Eastern District of California (Adversary Proceeding No. 14-02025-D) (“Kasowitz Action”), 9 resulting in funds being distributed to unsecured creditors, including the Class, and 10 11 WHEREAS, the Chapter 11 Trustee has informed Class Counsel that the parties in the Kasowitz Action held a mediation on September 25, 2017, but the case did not settle; and 12 WHEREAS, the Chapter 11 Trustee has informed Class Counsel the Kasowitz Action 13 remains pending; no further settlement talks have occurred, and discovery in the Action is 14 proceeding; and 15 16 WHEREAS, the trial setting conference in the Kasowitz Action has been continued to September 20, 2018 with the expectation that a trial date will be set at that time; and 17 WHEREAS, the Chapter 11 Trustee anticipates being able to recover funds and make 18 future distribution to unsecured creditors, including the Class, resulting from the Kasowitz 19 Action, either through settlement or judgment at trial; and 20 WHEREAS, this Court has a status conference currently scheduled for June 7, 2018; 21 NOW THEREFORE, the parties hereby stipulate, subject to this Court's approval, that the 22 June 7, 2018 status conference be continued for nine month until March 7, 2019, or any other date 23 convenient for the Court, to address status of the potential distributions from the bankruptcy 24 proceedings resulting from the Kasowitz Action. 25 26 /// //// 27 28 /// STIPULATION AND ORDER -2- CASE NO. 08-CV-3017 1 DATED: May 31, 2018 By: DATED: May 31, 2018 By: /s/ Steig Olson (as authorized on 5/31/18) Stephen R. Neuwirth Steig Olson QUINN EMANUEL URQUHART & SULLIVAN, LLP 51 Madison Avenue, 22nd Floor New York, New York 10010 Telephone: (212) 849-7000 Facsimile: (212) 849-7100 stephenneuwirth@quinnemanuel.com steigolson@quinnemanuel.com 2 3 4 5 6 7 8 9 10 11 12 13 /s/ Arthur N. Bailey, Jr. Michael P. Lehmann Arthur N. Bailey, Jr. HAUSFELD LLP 600 Montgomer Street, Suite 3200 San Francisco, CA 94111 Telephone: (415) 633-1908 Facsimile: (415) 358-49800 mlehmann@hausfeldllp.com abailey@hausfeldllp.com Class Counsel 14 15 DATED: May 31, 2018 By: 16 17 18 Attorneys for Defendant Scott Salyer 19 20 /s/ Malcolm Segal (as authorized on 5/31/18) Malcolm Segal SEGAL & ASSOCIATES LLP 400 Capitol Mall, Suite 2550 Sacramento, CA 95814 Telephone: (916) 446-0886 msegal@segal-pc.com DATED: May 31, 2018 21 22 23 24 25 By: /s/ Kevin W. Coleman (as authorized on 5/31/18) Gregory C. Nuti Kevin W. Coleman NUTI HART LLP 411 30th Street, Suite 408 Oakland, CA 94609 Telephone: (510) 506-7152 gnuti@nutihart.com kcoleman@nutihart.com Attorneys for Bradley D. Sharp, Chapter 11 Trustee for SK Foods, LP 26 27 28 STIPULATION AND ORDER -3- CASE NO. 08-CV-3017 ORDER 1 2 GOOD CAUSE APPEARING THEREFORE, IT IS HEREBY ORDERED: 3 The June 7, 2018 status conference shall be continued for nine months until March 14, 4 2019 at 2:30 p.m., to address status of the potential distributions from the bankruptcy 5 proceedings. 6 7 IT IS SO ORDERED. DATED: June 4, 2018 8 UNITED STATES DISTRICT JUDGE 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIPULATION AND ORDER -4- CASE NO. 08-CV-3017

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