Hayes v. Magnachip Semiconductor Corp. et al

Filing 199

STIPULATION AND ORDER re 198 STIPULATION WITH PROPOSED ORDER EXTENDING DEFENDANT AVENUE CAPITAL MANAGEMENT II, L.P.'S TIME TO ANSWER THIRD AMENDED COMPLAINT filed by Avenue Capital Management II, L.P. Signed by Judge Jon S. Tigar on March 18, 2016. (wsn, COURT STAFF) (Filed on 3/18/2016)

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AKIN GUMP STRAUSS HAUER & FELD LLP
REGINALD D. STEER (SBN 056324)
[e-mail]
ERIC RUEHE (SBN 284568)
[e-mail]
580 California Street, Suite 1500
San Francisco, CA 94104
Telephone: [phone]
Fax: [phone]
Attorneys for Defendant Avenue Capital
Management II, L.P.

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[Additional Counsel on Signature Page]
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UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
KEITH THOMAS, RICHARD HAYES, HERB
SMITH, and OKLAHOMA POLICE PENSION &
RETIREMENT SYSTEM,
Plaintiffs,

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v.

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MAGNACHIP SEMICONDUCTOR CORP. SANG
PARK, TAE YOUNG HWANG, MARGARET
SAKAI, R. DOUGLAS NORBY, ILBOK LEE,
NADER TAVAKOLI, RANDAL KLEIN,
MICHAEL ELKINS, AVENUE CAPITAL
MANAGEMENT II, L.P., BARCLAYS CAPITAL
INC., DEUTSCHE BANK SECURITIES INC.,
CITIGROUP GLOBAL MARKETS INC., UBS
SECURITIES LLC and NEEDHAM & COMPANY,
LLC,
Defendants.

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CASE NO.: 3:14-cv-01160-JST
STIPULATION AND [PROPOSED]
ORDER EXTENDING DEFENDANT
AVENUE CAPITAL
MANAGEMENT II, L.P.’S TIME TO
ANSWER THIRD AMENDED
COMPLAINT

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WHEREAS, on March 4, 2016, this Court granted in part and denied in part

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Defendant Avenue Capital Management II, L.P. (“Avenue”)’s motion to dismiss the Third

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Amended Complaint (“TAC”) filed by Plaintiffs (ECF No. 194);

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WHEREAS, pursuant to Federal Rule of Civil Procedure 12(a)(4)(A), Avenue’s
deadline for filing its Answer to the TAC is March 21, 2016;

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STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANT AVENUE CAPITAL MANAGEMENT II, L.P.’S TIME TO
ANSWER THIRD AMENDED COMPLAINT

3:14-cv-01160-JST

WHEREAS, Avenue Capital has requested and Plaintiffs have agreed to extend,

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by 30 days, the time within which Avenue Capital’s Answer is due;
WHEREAS, such an extension of time will not alter the date of any event or any

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deadline already fixed by Court order;

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WHEREAS, time modifications have previously been granted on five prior

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occasions in this action (ECF Nos. 18, 31, 47, 68, and 85), the first two occurring before Avenue

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was a party to the action;
WHEREAS, this is the first time modification requested by any party since the

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Court’s order granting in part and denying in part Avenue’s motion to dismiss the TAC.

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IT IS THEREFORE STIPULATED THAT:

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Avenue’s deadline for filing its Answer to the TAC is hereby continued by 30

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days to April 20, 2016.

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Dated: March 18, 2016
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POMERANTZ LLP

AKIN GUMP STRAUSS HAUER & FELD
LLP

/s/ Joshua B. Silverman
Patrick V. Dahlstrom
Joshua B. Silverman
10 South LaSalle Street, Suite 3505
Chicago, IL 60603
Telephone: [phone]
Facsimile: [phone]
[e-mail]
[e-mail]

/s/ John C. Murphy
Michael A. Asaro
Douglass B. Maynard
Stephen M. Baldini
John C. Murphy
Sydney Spector
One Bryant Park
Bank of America Tower
New York, NY 10036
Telephone: [phone]
Fax: [phone]
[e-mail]
[e-mail]
[e-mail]
[e-mail]
[e-mail]

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-and-

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POMERANTZ LLP
Marc I. Gross
Jeremy A. Lieberman
Michael J. Wernke
600 Third Avenue, 20th Floor
New York, NY 10016
Telephone: [phone]
Facsimile: [phone]

-andReginald Steer

STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANT AVENUE CAPITAL MANAGEMENT II, L.P.’S TIME TO
ANSWER THIRD AMENDED COMPLAINT

-23:14-cv-01160-JST

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[e-mail]
[e-mail]
[e-mail]

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Lead Counsel for the Class

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Eric Ruehe
580 California Street, Suite 1500
San Francisco, CA 94104
Telephone: [phone]
Fax: [phone]
[e-mail]
[e-mail]
Attorneys for Defendant Avenue Capital
Management II, L.P.

GLANCY PRONGAY & MURRAY LLP
Lionel Z. Glancy (CSB# 134180)
Robert V. Prongay (CSB# 270796)
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]

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Liaison Counsel for the Class

THE ROSEN LAW FIRM, P.A.
Laurence M. Rosen, Esq. (CSB# 219683)
275 Madison Avenue, 34th Floor
New York, New York 10016
Telephone: [phone]
Fax: [phone]
Email: [e-mail]
Additional Counsel for the Class

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CERTIFICATION OF CONCURRENCE FROM OTHER PARTIES
I, John C. Murphy, am the ECF User whose ID and password are being used to file this
STIPULATION TO EXTEND DEFENDANT AVENUE CAPITAL MANAGEMENT II, L.P.’S
TIME TO ANSWER THIRD AMENDED COMPLAINT PURSUANT TO LOCAL RULE 61(A). In compliance with Civil L.R. 5-1(i)(3), I hereby attest that the other signatory has
concurred in this filing.

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/s/ John C. Murphy
John C. Murphy

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STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANT AVENUE CAPITAL MANAGEMENT II, L.P.’S TIME TO
ANSWER THIRD AMENDED COMPLAINT

-33:14-cv-01160-JST

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R NIA

___________________________________
Honorable Jon S. Tigarr
Ti ga
United States District Judge
e Jon S.
Judg

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March 18, 2016
Dated: ____________________________

NO

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IT IS S

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UNIT
ED

IT IS SO ORDERED.

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STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANT AVENUE CAPITAL MANAGEMENT II, L.P.’S TIME TO
ANSWER THIRD AMENDED COMPLAINT

-43:14-cv-01160-JST