MVP Asset Management (USA) LLC v. Vestbirk, et al

Filing 144

STIPULATION and ORDER signed by Judge Garland E. Burrell, Jr on 11/26/12 ORDERING that the Status (Pretrial Scheduling) Conference, presently set for 12/10/12, is CONTINUED to 3/18/2013 at 09:00 AM in Courtroom 10 (GEB) before Judge Garland E. Burrell Jr. A joint status report shall be filed fourteen days prior to the hearing. (Mena-Sanchez, L)

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1 2 3 4 5 SULLIVAN JOHNSON LLP DANIEL M. SULLIVAN (SBN 132878) DANIEL A. JOHNSON (SBN 130724) 23480 Park Sorrento, Suite 250 Calabasas, CA 91302 Telephone: (818) 591-9700 Facsimile: (818) 591-9707 Attorneys for Plaintiff MVP ASSET MANAGEMENT (USA) LLC 6 7 8 9 10 11 GEORGE L. O’CONNELL (SBN 74037) TODD M. NOONAN (SBN 172962) DLA PIPER LLP (US) 400 Capitol Mall, Suite 2400 Sacramento, CA 95814-4428 Tel: 916.930.3200 Fax: 916.930.3201 Attorneys for Defendants [listed on signature page] 12 13 UNITED STATES DISTRICT COURT 14 EASTERN DISTRICT OF CALIFORNIA 15 16 17 MVP ASSET MANAGEMENT (USA) LLC, a Delaware Limited Liability Company, 20 STIPULATION AND [PROPOSED] ORDER TO CONTINUE STATUS (PRETRIAL SCHEDULING) CONFERENCE Plaintiff, 18 19 CASE NO. 2:10-cv-02483-GEB-CMK v. STEVEN VESTBIRK, et al., Date: December 10, 2012 Time: 9:00 a.m. Dept: Courtroom 10 Judge: Honorable Garland E. Burrell, Jr. Defendants. 21 22 23 24 25 26 27 1. WHEREAS, on August 29, 2012 the Court issued an Order setting a Status (Pretrial Scheduling) Conference for December 10, 2012; 2. WHEREAS, on July 23, 2012 Plaintiff filed its Fourth Amended Complaint in this action which includes claims under the federal securities laws; 28 DLA P IPER LLP (US) SACRA M E NT O -1WEST\239880202.1 STIPULATION AND [PROPOSED] ORDER TO CONTINUE STATUS (PRETRIAL SCHEDULING) CONFERENCE - CASE NO. 2:10-CV-02483-GEB-CMK 1 3. WHEREAS, certain Specially Appearing Defendants have filed motions to dismiss 2 the Fourth Amended Complaint on various grounds and said motions were taken under 3 submission by this Court on October 4, 2012; 4 4. WHEREAS, under PLSRA (15 U.S.C. § 78u-4(b)(3)) “all discovery and other 5 proceedings” in this matter are stayed pending resolution of Specially Appearing Defendants’ 6 motions to dismiss; 7 5. WHEREAS, Plaintiff and Specially Appearing Defendants respectfully submit 8 that, in light of the PLSRA stay, the Court should defer consideration of all discovery and 9 litigation deadlines until the issues identified in the motions to dismiss have been addressed by 10 the Court, such that the case is either dismissed, or, alternatively, the pleadings resolved and the 11 case is at issue; 12 6. WHEREAS, Plaintiff and Specially Appearing Defendants respectfully submit 13 that, in light of the PLSRA stay, a continuance of the Status (Pretrial Scheduling) Conference by 14 approximately another ninety (90) days will conserve the resources of the parties and the Court 15 and promote judicial economy by allowing time for the Court to address the motions to dismiss; 16 17 18 19 20 NOW, THEREFORE, Plaintiff and Specially Appearing Defendants, by and through their respective counsel of record, hereby stipulate as follows: 1. That the Status (Pretrial Scheduling) Conference, presently set for December 10, 2012 be continued approximately 90 days to a date on or about March 11, 2013. IT IS SO STIPULATED. 21 22 Dated: November 26, 2012 SULLIVAN JOHNSON LLP 23 24 By /S/ Daniel A. Johnson (authorized 11/26/12) DANIEL A. JOHNSON Attorneys for Plaintiff MVP ASSET MANAGEMENT (USA) LLC 25 26 27 28 DLA P IPER LLP (US) SACRA M E NT O -2WEST\239880202.1 STIPULATION AND [PROPOSED] ORDER TO CONTINUE STATUS (PRETRIAL SCHEDULING) CONFERENCE - CASE NO. 2:10-CV-02483-GEB-CMK 1 Dated: November 26, 2012 DLA PIPER LLP (US) 2 3 By /S/ Todd M. Noonan TODD M. NOONAN Attorneys for Defendants STEVEN VESTBIRK, JEFF BALLIET, ALLISON HANSLIK, ARK ROYAL ASSET MANAGEMENT, LTD.; VESTBIRK CAPITAL MANAGEMENT, LTD.; ARK ROYAL ASSET MANAGEMENT, LLC; ARK DISCOVERY, LLC; ARK ROYAL HOLDINGS, LLC; ARK ROYAL SERVICES, LLC; ARK ROYAL CAPITAL, LLC; ARK ROYAL CAPITAL FUNDING, LLC; ARK ROYAL CAPITAL, INC.; ARK ROYAL RESOURCES, LLC; ARK ROYAL ASSURANCE LLC; ARK ROYAL INVESTMENTS, LLC 4 5 6 7 8 9 10 ORDER 11 12 The Status (Pretrial Scheduling) Conference, presently set for December 10, 2012, is 13 continued to March 18, 2013, at 9:00 a.m. A joint status report shall be filed fourteen days prior 14 to the hearing. 15 16 IT IS SO ORDERED. Date: 11/26/2012 17 18 ___________________________________ GARLAND E. BURRELL, JR. Senior United States District Judge 19 20 DEAC_Signature-END: 21 22 61khh4bb 23 24 25 26 27 28 DLA P IPER LLP (US) SACRA M E NT O -3WEST\239880202.1 STIPULATION AND [PROPOSED] ORDER TO CONTINUE STATUS (PRETRIAL SCHEDULING) CONFERENCE - CASE NO. 2:10-CV-02483-GEB-CMK

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