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

Filing 81

ORDER re 80 Letter and MDL Action. Signed by Judge Jeffrey S. White on December 21, 2009. (jswlc2, COURT STAFF) (Filed on 12/21/2009)

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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 LOUISIANA PACIFIC CORPORATION, Plaintiff, v. MONEY MARKET 1 INSTITUTIONAL INVESTMENT DEALER, ET AL., Defendants. / Now before this Court is a joint letter dated December 18, 2009 from the parties requesting the Court's assistance in interpreting an order issued in In re Merrill Lynch & Co., Inc. August Rate Securities (ARS) Marketing Litigation, MDL No. 2030, with regard to whether this pending matter (as well as the pending motion filed by Defendant Deutsche Bank Securities Inc. to transfer venue pursuant to 28 U.S.C. 1404(a)) is properly before this Court or more properly before the MDL Panel in the Southern District of New York. The Court finds that considering the request would impede the MDL Panel's function and therefore ORDERS that the parties present the matter of whether this case and its pending motion to transfer the matter to the Southern District of New York should be decided by the MDL Panel or this Court. The Court defers to the decision of the MDL Panel as to how to proceed. The parties shall submit a joint report indicating the MDL Panel's determination within two court days of receiving such a determination and this Court shall proceed as ORDER REGARDING MDL ACTION No. C 09-03529 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 1 2 3 4 5 6 7 8 9 10 instructed. IT IS SO ORDERED. Dated: December 21, 2009 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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