Openwave Systems, Inc. v. Fuld et al

Filing 117

ORDER continuing cmc to Feb 19, 2010, at 3:00 p.m. (tf, COURT STAFF) (Filed on 12/15/2009)

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1 JAMES G. KREISSMAN (Bar No. 206740) [e-mail] 2 SIMONA G. STRAUSS (Bar No. 203062) [e-mail] 3 SIMPSON THACHER & BARTLETT LLP 2550 Hanover Street 4 Palo Alto, California 94304 Telephone: [phone] Facsimile: [phone] 6 Attorneys for Defendants Richard S. Fuld, Jr., Michael L. Ainslie, Roland A. 7 Hernandez, David Goldfarb, John F. Akers, Roger S. Berlind, Joseph M. Gregory, 8 Thomas H. Cruikshank, Marsha Johnson Evans, Henry Kaufman, John D. Macomber, 9 Thomas A. Russo, and Christopher M. O'Meara 10 11 12 13 14 15 OPENWAVE SYSTEMS INC., 16 17 v. Plaintiff, CV 08 5683 (SI) JOINT STATUS REPORT; STIPULATED REQUEST TO CONTINUE CASE MANAGEMENT CONFERENCE; [PROPOSED] ORDER [Filed Concurrently With: Declaration of Simona G. Strauss In Support of Stipulated Request to Continue Case Management Conference] UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION

18 RICHARD S. FULD, JR., MICHAEL L. AINSLIE, ROLAND A. HERNANDEZ, DAVID GOLDFARB, 19 JOHN F. AKERS, ROGER S. BERLIND, JOSEPH M. GREGORY, THOMAS H. CRUIKSHANK, 20 MARSHA JOHNSON EVANS, HENRY KAUFMAN, JOHN D. MACOMBER, THOMAS A. 21 RUSSO, CHRISTOPHER M. O'MEARA, MICHAEL GELBAND, ALEX KIRK, MELISSA 22 CONROY WHITNEY, TIM FORD, and DOES 1 50, inclusive, 23 Defendants. 24 25 26 27 28

Joint Status Report, Stipulated Request and [Proposed] Order

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JOINT STATUS REPORT AND STIPULATED REQUEST TO CONTINUE CMC Pursuant to Civil Local Rules 6-2 and 7-12 of the Local Civil Rules for the United

3 States District Court for the Northern District of California and the Court's October 20, 2009 4 Order, Plaintiff Openwave Systems Inc. ("Plaintiff") and Defendants Richard S. Fuld, Jr., Michael 5 L. Ainslie, Roland A. Hernandez, David Goldfarb, John F. Akers, Roger S. Berlind, Joseph M. 6 Gregory, Thomas H. Cruikshank, Marsha Johnson Evans, Henry Kaufman, John D. Macomber, 7 Thomas A. Russo, Christopher M. O'Meara, Melissa Conroy Whitney, and Tim Ford 8 ("Defendants"), by and through their respective counsel, submit this Joint Status Report, 9 Stipulated Request and Proposed Order to Continue the Case Management Conference scheduled 10 for December 18, 2009. 11 12 STATUS REPORT On November 23, 2009, Plaintiff and Defendants executed a written settlement

13 agreement (the "Agreement") to resolve all claims in this action; 14 The Agreement is subject to the United States Bankruptcy Court for the Southern

15 District of New York ("Bankruptcy Court") entering an order in the Chapter 11 cases authorizing 16 relief from the automatic stay, to the extent applicable, to permit the D&O insurers for Debtor 17 Lehman Brothers Holdings Inc. ("LBHI") to make a certain settlement payment to Openwave; 18 On December 1, 2009, the Agreement was submitted to the Bankruptcy Court for

19 approval through a motion by Debtor LBHI for an Order Modifying the Automatic Stay to Allow 20 Settlement Payment Under Directors and Officers Insurance Policies (the "Motion"); 21 22 23 24 18, 2009; 25 WHEREAS, the Bankruptcy Court's granting of the Motion would obviate the The Bankruptcy Court is scheduled to hear the Motion on December 16, 2009. STIPULATED REQUEST WHEREAS, a Case Management Conference is currently scheduled for December

26 need for a Case Management Conference; 27 WHEREAS, the parties do not waive any of the rights or defenses they may have in

28 this action, including but not limited to personal jurisdiction defenses and the right to compel
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arbitration; NOW THEREFORE, THE PARTIES JOINTLY STIPULATE TO AND REQUEST THE FOLLOWING:

1. The Case Management Conference scheduled for December 18, 2009 be Feb. 19 5 continued to January 29, 2010 or as soon thereafter as it may be heard by this Court. 6 2. The Court not make any rulings, tentative or final, or otherwise take any 7 further action on Defendants' Motions to Dismiss the First Amended Complaint and Motion to 8 Compel Arbitration. 9 3. The parties shall file a Notice of Dismissal with Prejudice or a status report 10 on or before January 29, 2010. 11 12 Dated: December 4, 2009 13 14 15 Dated: December 4, 2009 16 By 17 18 19 20 21 Dated: December 4, 2009 22 By 23 24 /s/ Philip E. Cook Attorneys for Defendants Melissa Conroy Whitney and Tim Ford JONES DAY /s/ James G. Kreissman Attorneys for Defendants Richard S. Fuld, Jr., Michael L. Ainslie, Roland A. Hernandez, David Goldfarb, John F. Akers, Roger S. Berlind, Joseph M. Gregory, Thomas H. Cruikshank, Marsha Johnson Evans, Henry Kaufman, John D. Macomber, Thomas A. Russo, and Christopher M. O'Meara SIMPSON THACHER & BARTLETT LLP COBLENTZ, PATCH, DUFFY & BASS LLP By /s/ Howard A. Slavitt Attorneys for Plaintiff Openwave Systems Inc.

25 PURSUANT TO STIPULATION, IT IS SO ORDERED. 26 Dated: _____________________ 27 28 ____________________________________ The Honorable Susan Illston United States District Court Judge -3Joint Status Report, Stipulated Request and [Proposed] Order

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ECF FILER'S ATTESTATION I, James G. Kreissman, as the e-filing signatory, attest that concurrence in filing the

3 Joint Status Report and Stipulated Request to Continue Case Management Conference has been 4 obtained from the other signatories Howard A. Slavitt and Philip E Cook. In accordance with 5 General Order 45, Section X(B), I shall maintain a record of their concurrence for subsequent 6 production for the court if so ordered or for inspection upon request by a party until one year after 7 final resolution of the action. 8 Dated: December 4, 2009 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
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By:

/s/ James G. Kreissman

Joint Status Report, Stipulated Request and [Proposed] Order

Case No. C 08-05683-SI