United States Commodity Futures Trading Commission v. Highlands Capital Management L.P. et al

Filing 55

ORDER re 52 Extending Stay. Signed by Judge Samuel Conti on August 15, 2013. (sclc2, COURT STAFF) (Filed on 8/16/2013)

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1 2 3 4 5 6 IN THE UNITED STATES DISTRICT COURT 7 FOR THE NORTHERN DISTRICT OF CALIFORNIA 8 United States District Court For the Northern District of California 9 10 11 12 13 14 15 16 ) Case No. C 10-2654 SC ) UNITED STATES COMMODITY FUTURES ) ORDER EXTENDING STAY TRADING COMMISSION, ) ) Plaintiff, ) ) v. ) ) HIGHLANDS CAPITAL MANAGEMENT, ) L.P. and GLENN KANE JACKSON, ) ) Defendants. ) ) ) ) 17 18 19 On April 19, 2013, Plaintiff United States Commodity Futures 20 Trading Commission ("Plaintiff") filed a motion to vacate the stay 21 in its action against Highlands Capital Management, L.P. and Glenn 22 Kane Jackson (collectively "Defendants"). 23 briefed, ECF Nos. 44 ("Opp'n"), 46 ("Reply"), but the Court 24 continued the matter until after Defendant Jackson had been 25 sentenced in a related criminal matter. 26 That motion was fully Mr. Jackson was sentenced to several months of jail time on 27 July 29, and he anticipates being released on November 28. 28 52 ("Jackson Ltr."). ECF No. He requests that the Court extend the stay in 1 this matter until his release. Id. Plaintiff does not oppose this 2 extension, but it asks that the stay not remain in place after 3 December 2. ECF No. 53 ("Stmt. of Non-Opp'n"). 4 The Court GRANTS Defendants' request and EXTENDS the stay in 5 this matter to November 28, 2013, or until Plaintiff or Defendant 6 files proper notice of Mr. Jackson's release from prison, whichever 7 is earliest. 8 9 IT IS SO ORDERED. United States District Court For the Northern District of California 10 11 Dated: August 15, 2013 12 UNITED STATES DISTRICT JUDGE 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2

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