BLX Capital, LLC v. Dara Petroleum, Inc. et al

Filing 117

STIPULATION and ORDER 116 signed by Senior Judge William B. Shubb on 4/18/2014 resetting hearing on 110 Plaintiff's Application for 1) Order Appointing Receiver and 2) Preliminary Injunction in Aid of Receiver for 5/5/2014 at 02:00 PM in Courtroom 5 (WBS) before Senior Judge William B. Shubb. (Kirksey Smith, K)

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1 2 3 4 5 6 7 8 Eric S. Pezold, Bar No. 255657 Brett H. Ramsaur, Bar No. 281566 SNELL & WILMER L.L.P. 600 Anton Blvd, Suite 1400 Costa Mesa, California 92626-7689 Telephone: 714.427.7000 Facsimile: 714.427.7799 Email: epezold@swlaw.com bramsaur@swlaw.com Attorneys for Plaintiff HSBC BANK USA, National Association, as Indenture Trustee for the benefit of the Noteholders and the Certificateholders of Business Loan Express Business Loan Trust 2005-A 9 UNITED STATES DISTRICT COURT 10 EASTERN DISTRICT OF CALIFORNIA 11 12 13 14 HSBC BANK USA, National Association, as Indenture Trustee for the benefit of the Noteholders and the Certificateholders of Business Loan Express Business Loan Trust 2005-A, 15 Plaintiff, 16 Case No. 2:09-CV-02356-WBS-EFB ORDER APPROVING STIPULATION TO CONTINUE HEARING ON PLAINTIFF’S APPLICATION FOR (1) ORDER APPOINTING A RECEIVER AND (2) PRELIMINARY INJUNCTION IN AID OF RECEIVER v. 17 18 19 20 DARA PETROLEUM, INC. dba WATT AVENUE EXXON, a California corporation; SARBJIT S. KANG, an individual; NARGES EGHTESADI, an individual; U.S. SMALL BUSINESS ADMINISTRATION, a United States government agency; and DOES 1 through 20, inclusive, Date: Time: Courtroom: Judge: April 21, 2014 2:00 p.m. 5 Hon. William B. Shubb 21 Defendants. 22 Having considered the stipulation by and between HSBC Bank USA, National 23 24 Association, as Indenture Trustee for the benefit of the Noteholders and the Certificateholders of 25 Business Loan Express Business Loan Trust 2005-A (“Plaintiff”) and Dara Petroleum Inc. dba 26 Watt Avenue Exxon (“Dara”), Sarbjit S. Kang (“Kang”) and Narges Eghtesadi (“Eghtesadi”) 27 (collectively, the “Dara Defendants”) to continue the hearing on that certain Application for (1) 28 Order Appointing a Receiver and (2) Preliminary Injunction in Aid of Receiver (the SNELL & WILMER —————— L.L.P. —————— ORANGE COUNTY 19151289 ORDER APPROVING STIPULATION TO CONTINUE HEARING 1 “Application”) currently set for April 21, 2014, to May 5, 2014, at 2:00 p.m., and good cause 2 appearing, 3 IT IS ORDERED that the Stipulation is approved. 4 IT IS FURTHER ORDERED that the hearing on the Application shall be continued to 5 May 5, 2014, at 2:00 p.m. in Courtroom 5 of the above-entitled court located at 501 I Street, 6 Sacramento, California 95814. 7 Dated: April 18, 2014 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SNELL & WILMER ATTORNEYS AT LAW ORANGE COUNTY 19151289 -2- ORDER APPROVING STIPULATION TO CONTINUE HEARING

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