State Compensation Insurance Fund v. Metropolitan West Securities LLC et al
Filing
217
ORDER GRANTING 216 STIPULATION STAYING CASE PENDING OUTCOME OF ADR PROCEDURE. Signed by Judge JEFFREY S. WHITE on 4/18/12. (jjoS, COURT STAFF) (Filed on 4/18/2012)
Case3:09-cv-02959-JSW Document216 Filed04/16/12 Page1 of 3
1
2
3
4
5
MUNGER, TOLLES & OLSON LLP
Marc T.G. Dworsky (SB# 157413)
James C. Rutten (SB# 201791)
Eric P. Tuttle (SB# 248440)
Keith R.D. Hamilton (SB# 252115)
355 South Grand Avenue, 35th Floor
Los Angeles, California 90071-1560
(213) 683-9100; (213) 687-3702 (fax)
marc.dworsky@mto.com, james.rutten@mto.com,
eric.tuttle@mto.com, keith.hamilton@mto.com
6
7
8
Attorneys for WELLS FARGO BANK, N.A.
(successor by merger to Defendant WACHOVIA
BANK, N.A.) and Defendant METROPOLITAN
WEST SECURITIES LLC
9
10
UNITED STATES DISTRICT COURT
11
NORTHERN DISTRICT OF CALIFORNIA – SAN FRANCISCO DIVISION
12
13
14
STATE COMPENSATION INSURANCE
FUND,
15
Plaintiff,
16
17
18
CASE NO. CV 09-02959 JSW (EDL)
STIPULATION AND [PROPOSED] ORDER
STAYING CASE PENDING OUTCOME OF
ADR PROCEDURE
vs.
METROPOLITAN WEST SECURITIES
LLC; WACHOVIA BANK, N.A.; DOES
1 through 10, inclusive; and DOES 11
through 20, inclusive,
19
Defendants.
20
21
22
23
24
25
26
27
28
17174976.1
CASE NO. CV 09-2959 JSW (EDL)
STIPULATION AND [PROPOSED] ORDER STAYING CASE
Case3:09-cv-02959-JSW Document216 Filed04/16/12 Page2 of 3
1
2
WHEREAS on March 6, 2012, the parties attended a mediation session before Antonio
Piazza, Esq. of Mediation Negotiations;
3
4
WHEREAS as a result of that mediation session, the parties have determined to resolve
their disputes through a binding alternative dispute resolution (“ADR”) procedure;
5
6
WHEREAS the in-person sessions of the ADR procedure are expected to commence by
June 2012, subject to potential scheduling conflicts that may require different timing;
7
WHEREAS the parties’ selection of an ADR procedure, with the assistance of Mr. Piazza,
8
contemplates that they will seek to stay further litigation in this Court pending the outcome of the
9
ADR procedure, and once the ADR procedure is completed, will promptly file a stipulation of
10
dismissal of this lawsuit;
11
12
WHEREAS the parties commit to advise the Court promptly of any developments that
may affect the continued appropriateness of a stay;
13
NOW THEREFORE, IT IS HEREBY STIPULATED BY AND AMONG THE PARTIES
14
HERETO AND THEIR COUNSEL OF RECORD THAT this lawsuit is stayed in its entirety
15
until a stipulation of dismissal is filed or until further order of the Court.
16
Date: April 16, 2012
17
MUNGER, TOLLES & OLSON LLP
By:
18
Attorneys for Defendants WELLS FARGO
BANK, N.A. (successor by merger to
WACHOVIA BANK, N.A.) and
METROPOLITAN WEST SECURITIES LLC
19
20
21
/s/ James C. Rutten
James C. Rutten
Date: April 16, 2012
BARGER & WOLEN LLP
22
23
24
The Court HEREBY STRIKES Plaintiff's
motion for summary judgment without
prejudice to re-filing if necessary.
25
By:
/s/ Travis R. Wall
Travis R. Wall
Attorneys for Plaintiff STATE
COMPENSATION INSURANCE FUND
PURSUANT TO STIPULATION, IT IS SO ORDERED:
26
27
DATED:
April 18, 2012
__________________________________
The Honorable Jeffrey S. White
United States District Judge
28
17174976.1
1
CASE NO. CV 09-2959 JSW (EDL)
STIPULATION AND [PROPOSED] ORDER STAYING CASE
Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.
Why Is My Information Online?