Universal Equipment Leasing Company, LLC v. Fifth Third Leasing Company

Filing 151

ORDER STAYING ENTIRE ACTION. Signed by Judge Jeffrey S. White on 1/5/09. (jjo, COURT STAFF) (Filed on 1/5/2009)

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1 2 3 4 5 6 7 8 9 10 IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA UNIVERSAL EQUIPMENT LEASING COMPANY, LLC, Plaintiff, v. FIFTH THIRD LEASING CO., Defendant. / No. C 06-07584 JSW United States District Court 11 For the Northern District of California 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ORDER STAYING ENTIRE ACTION Now before the Court is the request by plaintiff Universal Equipment Leasing Company, LLC ("UEL") to sever its claims against Fifth Third Leasing Company ("FTLC") from FTLC's third-party complaint against Cincom Systems, Inc. ("Cincom"). The Court finds that this matter is appropriate for disposition without oral argument and it is hereby deemed submitted. See Civ. L.R. 7-1(b). Accordingly, the hearing set for January 9, 2009 is HEREBY VACATED. FTLC's third-party complaint against Cincom is stayed pursuant to 11 U.S.C. § 362. Thus, the Court must determine whether the claims by UEL against FTLC may be severed from the third party complaint and proceed while the third-party complain is stayed. The Court finds that allowing UEL's claims to proceed while FTLC's claims are stayed would prejudice FTLC and Cincom more significantly than UEL would be prejudiced by not severing the claims. Moreover, severing these claims would waste judicial resources and the resources of the parties. Therefore, the Court concludes that UEL's claims should not be severed and that the entire 1 2 3 4 5 6 7 8 9 10 matter shall be stayed pending the resolution of the bankruptcy proceeding in the Southern District of Ohio. The Clerk of the Court is directed administratively to close the case for statistical purposes. The parties shall notify the Court within ten days of the lifting of the bankruptcy stay, and this entire matter shall thereafter be reopened. IT IS SO ORDERED. Dated: January 5, 2008 JEFFREY S. WHITE UNITED STATES DISTRICT JUDGE United States District Court 11 For the Northern District of California 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2

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