Hayes v. Magnachip Semiconductor Corp. et al

Filing 309

STIPULATION AND ORDER re 306 STIPULATION WITH PROPOSED ORDER filed by Avenue Capital Management II, L.P. Final Pretrial Conference set for 3/23/2018 at 2:00 PM in Courtroom 3, 3rd Floor, Oakland. Jury Trial set for 4/23/2018 at 8:30 AM in Courtroom 9, 19th Floor, San Francisco before Hon. Jon S. Tigar. Signed by Judge Jon S. Tigar on March 22, 2017. (wsn, COURT STAFF) (Filed on 3/22/2017)

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1 2 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 3 KEITH THOMAS, RICHARD HAYES, HERB 4 SMITH, and OKLAHOMA POLICE PENSION & RETIREMENT SYSTEM, 5 Plaintiffs, v. 6 MAGNACHIP SEMICONDUCTOR CORP. 7 SANG PARK, TAE YOUNG HWANG, 8 MARGARET SAKAI, R. DOUGLAS NORBY, ILBOK LEE, NADER TAVAKOLI, RANDAL 9 KLEIN, MICHAEL ELKINS, AVENUE CAPITAL MANAGEMENT II, L.P., 10 BARCLAYS CAPITAL INC., DEUTSCHE BANK SECURITIES INC., CITIGROUP 11 GLOBAL MARKETS INC., UBS 12 SECURITIES LLC and NEEDHAM & COMPANY, LLC, 13 Defendants. Case No.: 3:14-cv-01160-JST CLASS ACTION Judge: Hon. Jon S. Tigar STIPULATION AND PROPOSED ORDER PURSUANT TO LOCAL RULE 6-2 14 15 Avenue Capital Management II, LP (“Avenue Capital”) and Plaintiffs (together with 16 Avenue Capital, the “Parties”), through their undersigned counsel, hereby submit this Stipulation 17 and Proposed Order regarding discovery deadlines: 18 WHEREAS, the scheduling order entered by this Court on April 13, 2016 (ECF No. 223) 19 provided that expert disclosures shall be made on or before February 3, 2017, expert rebuttal reports 20 shall be served on or before March 17, 2017, expert reply reports shall be served on or before April 21 14, 2017, expert discovery shall be complete by May 31, 2017, dispositive motions shall be filed by 22 June 30, 2017, pretrial statements shall be filed by October 17, 2017, a pretrial conference shall take 23 place on October 27, 2017, and a jury trial shall take place beginning December 4, 2017; 24 WHEREAS, by order dated February 13, 2017, the Court extended the deadline for serving 25 expert rebuttal reports from March 17, 2017 to April 14, 2017, and extended the deadline for 26 serving expert reply reports from April 14, 2017 to May 12, 2017; 27 WHEREAS, the parties have not previously requested modification of any other deadlines. 28 Neither party, however, waives the right to petition the Court to extend any other deadline if 1 circumstances warrant; 2 WHEREAS, the Court has not set a deadline for fact discovery, and the parties wish to set 3 such deadline to promote the efficient conduct of this case; 4 WHEREAS, the parties have been diligently pursuing discovery and request additional time 5 to complete depositions; and 6 WHEREAS, the undersigned parties believe that the circumstances described above and in 7 the accompanying joint letter warrant good cause to make the modifications to the schedule 8 requested herein. 9 NOW, THEREFORE, the undersigned hereby stipulate, subject to Court approval, that: 10 1. The deadline for completing fact discovery shall be June 30, 2017; provided however 11 that (i) the Parties may mutually agree to limited exceptions to this deadline without 12 seeking Court approval*, and (ii) this deadline shall not apply to discovery solely for the 13 purpose of authenticating documents for use at trial; 14 2. The deadline for serving expert rebuttal reports is extended from April 14, 2017 to July 15 7, 2017; provided however that due to Avenue Capital’s pending motion to strike 16 (“Motion to Strike”) the report of William Purcell (“Purcell Report”), Avenue Capital’s 17 deadline to serve rebuttal to the Purcell Report shall be the later of (i) July 7, 2017, and 18 (ii) 30 days after the Court resolves the Motion to Strike; 19 3. The deadline for serving expert reply reports is extended from May 12, 2017 to August 20 4, 2017; provided however that Plaintiffs’ deadline to serve a reply regarding the Purcell 21 Report shall be the later of (i) August 4, 2017, and (ii) 60 days after the Court resolves 22 the Motion to Strike; 23 4. The deadline for completing expert discovery is extended from May 31, 2017 to 24 September 1, 2017; provided however that the deadline to complete expert discovery 25 with respect to William Purcell shall be the later of (i) September 1, 2017, and (ii) 90 26 days after the Court resolves the Motion to Strike; 27 28 5. The deadline for filing dispositive motions is extended from June 30, 2017 to October 4, 2017; * Provided that such exceptions shall not be the basis of extending any other deadlines in the case. 1 2 3 4 5 6 7 8 6. The deadline for filing pretrial statements is extended from October 17, 2017 to March 16, 2018; 7. The pretrial conference scheduled on October 27, 2017 is continued to March 23, 2018 or as soon as possible thereafter; 8. The jury trial scheduled to begin on December 4, 2017 is continued to April 23, 2018 or as soon as possible thereafter; Dated: March 22, 2017 9 IT IS SO STIPULATED: 10 AKIN GUMP STRAUSS HAUER & FELD LLP 11 12 /s/ Neal R. Marder 13 Neal R. Marder (SBN 126879) Peter I. Altman (SBN 285292) 14 Ali R. Rabbani (SBN 253730) Andrew S. Jick (SBN 278943) 15 1999 Avenue of the Stars, Suite 600 Los Angeles, CA 90067-6022 16 Telephone: 310.229.1000 Facsimile: 310.229.1001 17 nmarder@akingump.com paltman@akingump.com 18 arabbani@akingump.com ajick@akingump.com 19 John C. Murphy 20 One Bryant Park Bank of America Tower 21 New York, NY 10036 Telephone: 212.872.1000 22 Facsimile: 212.872.1002 masaro@akingump.com 23 jmurphy@akingump.com sspector@akingump.com 24 Counsel for Avenue Capital Management II, 25 L.P. 26 27 28 POMERANTZ LLP _/s/ Joshua B. Silverman________ Patrick V. Dahlstrom Joshua B. Silverman Louis C. Ludwig 10 South LaSalle, Ste. 3505 Chicago, Illinois 60603 Telephone: (312) 377-1181 Facsimile: (312) 377-1184 Email: pdahlstrom@pomlaw.com jbsilverman@pomlaw.com lcludwig@pomlaw.com Marc I. Gross Jeremy A. Lieberman Michael J. Wernke 600 Third Avenue, 20th Floor New York, New York 10016 Telephone: (212) 661-1100 Facsimile: (212) 661-8665 Email: migross@pomlaw.com jalieberman@pomlaw.com mjwernke@pomlaw.com 4 THE ROSEN LAW FIRM, P.A. Laurence M. Rosen, Esq. (CSB# 219683) 275 Madison Avenue, 34th Floor New York, New York 10016 Telephone: (212) 686-1060 Fax: (212) 202-3827 Email: lrosen@rosenlegal.com 5 Class Counsel 1 2 3 6 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: (310) 201-9150 Facsimile: (310) 201-9160 Email: info@glancylaw.com 7 8 9 10 11 Liaison Counsel 12 13 14 [PROPOSED] ORDER 15 16 PURSUANT TO STIPULATION, IT IS SO ORDERED. 17 18 19 20 21 22 23 24 25 26 27 28 Dated: March __, 2017 22 ___________________________ Hon. Jon S. Tigar, United States Dist. Judge

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