Louisiana Pacific Corporation v. Money Market 1 Institutional Investment Dealer et al

Filing 38

ORDER GRANTING 37 Stipulation Extending Time to File Opposition to Motion to Transfer Venue. Signed by Judge Jeffrey S. White on October 6, 2009. (jswlc2, COURT STAFF) (Filed on 10/6/2009)

Case3:09-cv-03529-JSW Document37

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Mark C. Hansen [e-mail] David L. Schwarz (206257) [e-mail] Kevin J. Miller [e-mail] Andrew C. Shen [e-mail] KELLOGG, HUBER, HANSEN, TODD, EVANS & FIGEL, P.L.L.C. 1615 M Street, N.W., Suite 400 Washington, DC 20036 Telephone: [phone] Facsimile: [phone] R. Alexander Saveri (173102) [e-mail] Geoffrey C. Rushing (126910) [e-mail] Gianna Gruenwald (228969) [e-mail] SAVERI & SAVERI, INC. 706 Sansome Street San Francisco, CA 94111-5619 Telephone: [phone] Facsimile: [phone] Attorneys for Plaintiff Louisiana Pacific Corporation

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION LOUISIANA PACIFIC CORPORATION, ) Case No. C 09 03529 JSW ) ) STIPULATION AND [PROPOSED] Plaintiff, ) ORDER EXTENDING TIME TO FILE ) OPPOSITION TO DEUTSCHE BANK vs. ) SECURITIES INC.'S MOTION TO MONEY MARKET 1 INSTITUTIONAL ) TRANSFER VENUE PURSUANT TO ) 28 U.S.C. § 1404(a) INVESTMENT DEALER, MERRILL LYNCH & CO., INC., MERRILL LYNCH, ) ) PIERCE, FENNER & SMITH ) INCORPORATED, AND DEUTSCHE ) BANK SECURITIES INC., ) ) Defendants, )

STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE OPPOSITION TO DEUTSCHE BANK SECURITIES INC.'S MOTION TO TRANSFER VENUE PURSUANT OT 28 U.S.C. § 1404(A) CASE NO.: C 09-03529-JSW

Case3:09-cv-03529-JSW Document37

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WHEREAS, on June 10, 2009, the United States Judicial Panel on Multidistrict Litigation centralized four actions before the Honorable Loretta A. Preska in the Southern District of New York, captioned In re Merrill Lynch Auction Rate Securities Litigation, 1:08-cv3037-LAP; Community Trust Bank, Inc. v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 1:09-cv5403-LAP; Louisiana Stadium & Exposition District, et al. v. Financial Guaranty Ins. Co., et al., 1:09-cv-5404-LAP; and The Cooperative Bank, et al., v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 1:09-cv-5405-LAP (the "Centralized Actions"); WHEREAS, on July 31, 2009, Plaintiff filed in this Court its complaint (the "Complaint") in the above-captioned action (the "Action"); WHEREAS, on August 14, 2009, Defendants Merrill Lynch & Co., Inc. and Merrill Lynch, Pierce, Fenner & Smith, Inc., filed a Notice of Tag-Along Action with the United States Judicial Panel on Multidistrict Litigation ("MDL Panel"), seeking to transfer the Action for coordinated or consolidated pretrial proceedings with the Centralized Actions currently pending before Judge Preska in the United States District Court for the Southern District of New York; WHEREAS, on September 1, 2009, the Clerk of the MDL Panel entered a Conditional Transfer Order conditionally transferring the Action to Judge Preska in the Southern District of New York; WHEREAS, on September 15, 2009, defendant Deutsche Bank Securities Inc. ("DBSI") filed a notice of opposition to the September 1, 2009 Conditional Transfer Order; WHEREAS, on September 16, 2009, the MDL Panel issued a stay of its September 1, 2009 Conditional Transfer Order pending the resolution of DBSI's opposition; WHEREAS, on September 24, 2009, DBSI filed a motion pursuant to 28 U.S.C. § 1404(a) seeking to transfer the Action to the Southern District of New York, but not seeking consolidation with the Centralized Actions ("DBSI's Transfer Motion"), and setting a hearing date of December 4, 2009 for DBSI's Transfer Motion;

STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE OPPOSITION TO DEUTSCHE BANK SECURITIES INC.'S MOTION TO TRANSFER VENUE PURSUANT OT 28 U.S.C. § 1404(A) CASE NO.: C 09-03529-JSW

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Case3:09-cv-03529-JSW Document37

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WHEREAS, on September 24, 2009, this Court issued an Order Setting Briefing Schedule on Motion to Transfer Venue stating that any opposition to DBSI's Transfer Motion shall be filed no later than October 9, 2009, and any reply brief shall be filed no later than October 16, 2009; WHEREAS, on October 1, 2009, DBSI filed a Motion to Vacate Conditional Transfer Order with the MDL Panel in which DBSI argued that the MDL Panel should not consolidate or coordinate the Action with the Centralized Actions before Judge Preska; WHEREAS, each party in this case may file with the MDL papers in support of or in opposition to DBSI's Motion to Vacate Conditional Transfer Order by October 21, 2009; and WHEREAS, Plaintiff, having recently received DBSI's Motion to Vacate Conditional Transfer Order, requires additional time to evaluate such Motion and to coordinate a response to both the Motion to Vacate Conditional Transfer Order and DBSI's Transfer Motion; Now, therefore, the Parties, through their respective undersigned counsel, hereby STIPULATE, AGREE, and JOINTLY REQUEST the following: 1. That the deadline for any party to oppose DBSI's Transfer Motion is extended to October 16, 2009, and the deadline for DBSI to file any reply brief is extended until October 23, 2009.

20 Dated: October 6, 2009. 21 22 23 24 25 26 27 28 2 By:

Respectfully submitted, Saveri & Saveri, Inc. R. Alexander Saveri /s/ R. Alexander Saveri R. Alexander Saveri R. Alexander Saveri SAVERI & SAVERI, INC. 706 Sansome Street San Francisco, CA 94111-5619 Telephone: [phone] Facsimile: [phone] Attorneys for Plaintiff Louisiana Pacific Corporation

STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE OPPOSITION TO DEUTSCHE BANK SECURITIES INC.'S MOTION TO TRANSFER VENUE PURSUANT OT 28 U.S.C. § 1404(A) CASE NO.: C 09-03529-JSW

Case3:09-cv-03529-JSW Document37

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE OPPOSITION TO DEUTSCHE BANK SECURITIES INC.'S MOTION TO TRANSFER VENUE PURSUANT OT 28 U.S.C. § 1404(A) CASE NO.: C 09-03529-JSW

Dated: October 6, 2009.

Sidley Austin LLP Sara P. Brody

By:

/s/ Sara B. Brody Sara B. Brody Attorneys for Defendants Merrill Lynch & Co., Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated

Dated: October 6, 2009.

Morgan, Lewis, & Bockius LLP Jami Wintz McKeon Elizabeth A. Frohlich By: /s/ Elizabeth A. Frohlich Elizabeth A. Frohlich Attorneys for Defendant Deutsche Bank Securities, Inc.

Dated: October 6, 2009. By:

Arent Fox LLP Antoinette Waller /s/ Antoinette Waller Antoinette Waller Attorneys for Defendant Money Market 1 Institutional Investment Dealer

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Case3:09-cv-03529-JSW Document37

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE OPPOSITION TO DEUTSCHE BANK SECURITIES INC.'S MOTION TO TRANSFER VENUE PURSUANT OT 28 U.S.C. § 1404(A) CASE NO.: C 09-03529-JSW

PURSUANT TO STIPULATION, AND FOR GOOD CAUSE SHOWN, IT IS SO ORDERED. 6 Dated: October __, 2009 __________________________________________ Hon. Jeffrey S. White United States District Judge

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