United States Fidelity and Guaranty Company et al v. Nurisso et al

Filing 101

STIPULATION AND ORDER CONTINUING MOTION HEARING. Signed by Judge Edward M. Chen on 4/25/11. (bpfS, COURT STAFF) (Filed on 4/25/2011)

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Watt, Tieder, Hoffar & FtTzgerald, L.L.P.
Michael G. Long, Bar No. 129771
[e-mail]
David R. Johnson, Bar No. 174883
[e-mail]
2040 Ì|/.ain Street, Suite 300
Irvine, CA 92614
Telephone: [phone]
Facsimile: 949-261-0771

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Attomeys for Plaintiffs

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LINITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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SAN FRANCISCO DTVISION

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UNITED STATES FIDELITY AND
GUARANTY COMPANY, et al.,

Case

No. CV-03-5376- SBA
cv-06-5590-EMC

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Plaintiffs,
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THE SCOTT COMPANIES, INC., et al
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Defendants

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Date:
Time:
Judge:

Illay 4,2071

3:00 p.m.
Magistrate Edward M. Chen
Courtroom: C-15th Floor

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STIPULATION TO CONTINUE THE MAY
4,2011 CONTINUED IIEARING ON
PLAINTIF'F'S' MOTION FOR ORDER TO
SELL SECURITIES TO PARTIALLY
SATISFY PLAINTIF'F'S' JUDGMENT
AGAINST JOSEPH GUGLIELMO;
IPROPOSEDI ORDER TTTEREON

Plaintiffs United States Fidelity and Guaranty Company, Fìdelity and Guaranty Insurance

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Company, St. Paul Fire and Marine Insurance Company and St. Paul Medical Liability Insurance
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Company (collectively, "St. Paul") and Judgrnent Debtor Joseph Guglielmo ("Gug1ie1mo"),

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through their respective counsei, hereby stipulate and agree as follows:
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WHEREAS:
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A.

St. Paul's Motion for Order

to Sell

Securities

to Partially Satisff Plaintiffs'

Judgment Against Joseph Guglielmo ("Motion") was heard by this Court on January 4,
about l0:30 a.m.

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WATT, TIEDER,
HoFFAR &
FrrzcERALÞ, L,L,P.

STIPULATION To CoNTTNUE MAY 4, 20 1 I CoNTNUED
HEARING oN PLANTIFFS, MoTIoN FoR ORDER To

SELL SEcuRrrrES AND [PRoposED] ORDER

cv-03-5376-3BA CV-06-5590-EMC

20ll

at or

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B.

In its January 11,2011 Order on the Motion ("Schwab Account Order"), the Court

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o¡dered that information regarding a certain account maintained by Guglielmo at Charles Schwab

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& Co., Inc. be exchanged with

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briefing regarding Guglielmo's need for the funds on February 16,2011, and set a further hearing

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regarding Plaintiffs' Motion on F ebruary 23 , 2011 .

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C.

St. Paul. Further, the Court ordered that the parties submit furthe¡

On January 14,2011, St. Paul sent Guglielmo a lette¡ demanding that Guglielmo

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provide certain documents and information pertaining to his financial condition by January 28,

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2011 in accordance with the Schwab Account Order ("St. Paul Letter Demand").

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D.

Thereafter, St. Paul and Guglielmo began discussing the possible resolution

of

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their dispute. To allow for their discussion to progress, St. Paul agreed to continue the brìefi,ng

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regarding Guglielmo's need for the funds to March 9,2077 and the hearing on St. Paul's Motion

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to March 23, 2011. The Court agreed to the continued dates (Case No. CV-06-5590-EMC,

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Docket No. 97 and Case No. CV-03-5376-SBA, Docket No. 410).

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E.

On or about March 10, 2011, the Court agreed to continue the briefing and the

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March 23, 2071 heanng on St. Paul's Motion to allow for a possibie resolution of St. Paul and

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Guglielmo's dispute (Case No. CV-06-5590-EMC, Docket No. 99 and Case No. CV-03-5376-

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SBA, Docket No. 413).

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F.

St. Paul and Guglielmo have reached a settlernent in principle

ofthe entire dispute

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between them, and need additional time to prepare the required documentation. The settlement

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will obviate the

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submissions to this Court and the continued hearing on the Motion.

need for the information sought in the St. Paul Letter Demand, the additional

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WHEREFORE,

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To allow St. Paul and Guglielmo to complete their discussions without potentially

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avoid the potentially urì¡ecessarily

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urmecessarily incurring additional expenses and

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expenditure of the resources of this Court, St. Paul and Guglielmo agree to continue:

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1.

The hearing on St. Paul's Motion from May 4, 2011 by fifty-five (55) days

(to June 29,2011), as the Court's calendar may permit;

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WATT, TIEOER,
HoFFAR

&

FrrzcER,{LD, L.L.P.

To CoNTTNUE MAY 4, 20 I 1 CoNTTNUED
HEARr.lo oN Pr-A.rNTrFFs' MoTIoN FoR ORDER To
SELL SEcuRrïES AND [PRoposED] ORDER

cv-03-5376-SBA CV-06-5590-EMC

2.

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S1,

Itqtrl's ard Çugliclmo's sulrnlissic\rì ot'oddjtionàl brielìng itr ¿rccorclarrce

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lvith tho c:ourt's schrvlrb Âccount. ordcr fi:rvn April 20, 201 I to tlvo (2)

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{jôDlinuecl hcaring tlute on thc M()tirx (to JuÙc I 5, 201 I ); irnrl

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'l'h') clcadlinc l'or Cìuglìclnru

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iltt?r¡nnatit¡n (lsrììa,ìded

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ltÀ C\¡.

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thir.Ly-!w(¡ (32) days

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beforc

providc t() St. ¡rûul ûìc dócì^rntcnti¡tiorì

hy st. Paul in it$ sl. l)aul l-cneì' l)usrturd ro
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ORDER

Afte¡ considering the Stipulation of the parlies, and good cause existing therefore, IT IS

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HEREBY ORDERED THAT:

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1. The hearing on St. Paul's Motion is continued from May 4,2011 at 3:00
June 29
10:30
p.m. to _,2017
at _a.m./p.m.;
2. The deadline for St. Paul and Guglielmo to submit additional briefing in

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accordance with the Court's January 11,2011 Schwab Account Order is continued from

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April20,2011 to

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3.

June 15

The deadline for Guglielmo to provide to St. Paul the documentation and

information demanded
May 31

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by St. Paul in its St. Paul Letter

20t1.

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April 25
Dated:

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ERED
O ORD D
IT IS S
IFIE
MAGISTRATE MOD EDWARD M. CHEN
AS JUDGE
ard M.

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dw
Judge E

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Chen

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UNIT
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IT IS SO ORDERED

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WATT, TIEDER,

Ho¡¡AR &
FTTzcERALD- L.L.P.

STIPULATION To CONTINUE MAY 4, 20 1 I CoNTTNUED
HEARTNG oN PIAINTIFFS, MoTIoN FoR ORDER

To

SELL SEcuRrrrFs AND [PRoposED] ORDER

Demand is

R NIA

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cV-03-5376-sBA cv.o6-5590-EMc