Zhu v. UCBH Holdings, Inc. et al

Filing 77

ORDER to Show Cause. Signed by Judge Jeffrey S. White on December 1, 2009. (jswlc1, COURT STAFF) (Filed on 12/1/2009)

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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 GUOHUA ZHU, Individually and On Behalf of All Others Similarly Situated, Plaintiff, v. UCBH HOLDINGS, INC., THOMAS S. WU, and EBRAHIM SHABUDIN, Defendants. HUY TRAN, Individually and On Behalf of All Others Similarly Situated, Plaintiff, v. UCBH HOLDINGS, INC., THOMAS S. WU, and CRAIG ON. Defendants. DOMINIQUE DURBIN, Individually and On Behalf of All Others Similarly Situated, Plaintiff, v. UCBH HOLDINGS, INC., THOMAS S. WU, and CRAIG ON. Defendants. / United States District Court 11 For the Northern District of California No. C 09-4208 JSW No. C 09-4429 JSW No. C 09-4513 JSW ORDER TO SHOW CAUSE 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 On November 25, 2009, Defendant UCBH Holdings, Inc. ("UCBH") filed a Notice of Bankruptcy Filing and Automatic Stay. The Notice provides that on November 24, 2009, UCBH filed a voluntary bankruptcy petition in the United States Bankruptcy Court for the Northern District of California. Pursuant to 11 U.S.C. § 362(a), the filing of the petition operates as a stay as to all actions against UCBH. By no later than December 11, 2009, the parties in the above captioned matter shall file simultaneous briefs explaining what effect, if any, the stay as to UCBH has on the case with respect to the other parties. In particular, the parties should address whether the case may proceed against the remaining defendants even if issues decided as to the claims raised against them may operate as issue preclusion with respect to the claims against UCBH. IT IS SO ORDERED. 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 Dated: December 1, 2009 JEFFREY S. WHITE UNITED STATES DISTRICT JUDGE

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