Bridge Partners v. Citibank, N.A. et al

Filing 51

ORDER HOLDING MOTION FOR PRELIMINARY INJUNCTION IN ABEYANCE AND KEEPING TRO IN EFFECT. Signed by Judge Alsup on July 18, 2012. (whalc2, COURT STAFF) (Filed on 7/18/2012)

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IN THE UNITED STATES DISTRICT COURT

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FOR THE NORTHERN DISTRICT OF CALIFORNIA
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For the Northern District of California

United States District Court

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BRIDGE PARTNERS, a California
corporation,
Plaintiff,

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No. C 12-03048 WHA

v.
CITIBANK N.A., a national banking
association, and JP MORGAN CHASE BANK,
N.A., a national banking association,

ORDER HOLDING MOTION FOR
PRELIMINARY INJUNCTION IN
ABEYANCE AND KEEPING TRO
IN EFFECT

Defendants.
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As stated at today’s hearing on plaintiff Bridge Partners’ motion for preliminary

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injunction, the motion will be HELD IN ABEYANCE, pending further discovery. Both sides will

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be given six weeks to take discovery, including taking depositions overseas, if necessary. The

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discovery period will end AUGUST 29, 2012. By JULY 27, 2012, however, defendants must

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submit declarations in accordance with what was discussed at today’s hearing. The TRO entered

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on June 14, 2012, will remain in effect at least through the end of the discovery period and until

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further Court order. By August 29, the Court would like the pleadings to be settled, as best as is

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possible. If River City Bank is going to be brought into this case, the party seeking to bring

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them in must do so promptly.

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By SEPTEMBER 7, 2012, the parties shall file supplemental briefs of no more than 15
pages each. Reply briefs of no more than 10 pages each are due SEPTEMBER 14. A further
hearing will be held at 8:00 A.M. ON SEPTEMBER 27. The supplemental briefing should also

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address the issue of whether plaintiff Bridge Partners has an adequate remedy against River City

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Bank.

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IT IS SO ORDERED.

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Dated: July 18, 2012.

WILLIAM ALSUP
UNITED STATES DISTRICT JUDGE

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For the Northern District of California

United States District Court

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