Franchi v. Ocera Therapeutics, Inc. et al

Filing 16

STIPULATION AND ORDER re 15 Setting Briefing Schedule and Continuing Date of Hearing on Plaintiff's Motion for an Award of Attorney's Fees and Expenses filed by Nina Kjellson, et al. Motion Hearing reset for 5/3/2018 01:30 PM in San Francisco, Courtroom 05, 17th Floor before Judge Edward M. Chen. Signed by Judge Edward M. Chen on 3/8/18. (bpf, COURT STAFF) (Filed on 3/8/2018)

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Michael T. Jones (SBN 290660)
[e-mail]
GOODWIN PROCTER LLP
135 Commonwealth Drive
Menlo Park, CA 94025-1105
Tel.: [phone]
Fax: [phone]

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Nicholas A. Reider (SBN 296440)
[e-mail]
GOODWIN PROCTER LLP
Three Embarcadero Center
San Francisco, CA 94111-4003
Tel.: [phone]
Fax: [phone]
Counsel for Defendants Ocera Therapeutics, Inc.,
Eckard Weber, Linda S. Grais, Willard Dere,
Steven P. James, Nina Kjellson, Anne M. VanLent,
and Wendell Wierenga
[Additional counsel appear on signature page.]
UNITED STATES DISTRICT COURT
FOR THE NORTHERN DISTRICT OF CALIFORNIA

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ANTHONY FRANCHI, Individually and
On Behalf of All Others Similarly Situated,

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Plaintiff,
v.
OCERA THERAPEUTICS, INC.,
ECKARD WEBER, LINDA S. GRAIS,
WILLARD DERE, STEVEN P. JAMES,
NINA KJELLSON, ANNE M.
VANLENT, WENDELL WIERENGA,
MAK LLC, MEH ACQUISITION CO.,
and MALLINCKRODT PLC,
Defendants.

Case No. 3:17-cv-06636-EMC
STIPULATION AND [PROPOSED]
ORDER SETTING BRIEFING
SCHEDULE AND CONTINUING DATE
OF HEARING ON PLAINTIFF’S
MOTION FOR AN AWARD OF
ATTORNEY’S FEES AND EXPENSES
Date: March 29, 2018
Time: 1:30 P.M.
Courtroom: 5, 17th Floor
Judge: Hon. Edward M. Chen

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STIPULATION AND [PROPOSED] ORDER

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Pursuant to Civil Local Rules 6-2 and 7-12, Plaintiff Anthony Franchi (“Plaintiff”) and

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Defendants Ocera Therapeutics, Inc., Eckard Weber, Linda S. Grais, Willard Dere, Steven P. James,

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Nina Kjellson, Anne M. VanLent, Wendell Wierenga, MAK LLC, MEH Acquisition Co., and

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Mallinckrodt PLC (“Defendants,” and together with Plaintiff, the “Parties”), by and through their

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undersigned counsel, hereby stipulate to set the briefing schedule and continue the hearing date

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regarding Plaintiff’s Motion for An Award of Attorney’s Fees and Expenses (the “Motion”) (Dkt.

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Nos. 12 and 13) in the above-captioned action, as follows:

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WHEREAS, this case was filed as a putative class action on November 17, 2017, by Anthony

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Franchi, a putative stockholder of Ocera Therapeutics, Inc. (“Ocera”), captioned Anthony Franchi v.

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Ocera Therapeutics, Inc. et al., Case No. 3:17-cv-06636-EMC (the “Action”) (Dkt. No. 1), alleging

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violations of Sections 14(e), 14(d), and 20(a) of the Securities Exchange Act of 1934 and related

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regulations with respect to disclosures in a Schedule 14D-9 Solicitation/Recommendation Statement

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(the “Recommendation Statement”) soliciting stockholder approval of a merger with Mallinckrodt

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PLC through its subsidiaries;

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WHEREAS, Defendants have not been served in this Action;

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WHEREAS, on February 8, 2018, Plaintiff filed a Notice of Voluntary Dismissal of the

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Action (Dkt. No. 11);

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WHEREAS, on February 22, 2018, Plaintiff filed the Motion, and initially noticed the
hearing on the Motion for March 29, 2018 at 1:30 p.m. before this Court;

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WHEREAS, Defendants intend to oppose the Motion;

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WHEREAS, this Action has been voluntarily dismissed and no other motions or deadlines

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are pending in this Action;

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WHEREAS, the Parties agree and respectfully submit that continuing the date of the hearing

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on the Motion, and resetting the briefing schedule concerning the Motion, would provide the Parties

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and the Court additional time necessary to adequately address and assess the Motion; and

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WHEREAS, the Parties do not seek to stipulate to the following schedule for the purpose of
delay;

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STIPULATION AND [PROPOSED] ORDER

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NOW, THEREFORE, the Parties stipulate and agree, subject to the Court’s approval, as
follows:
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Defendants shall file a consolidated brief in opposition to the Motion not to exceed 25

pages on or before March 29, 2018;
2.

If Defendants file a brief in opposition to the Motion, Plaintiff shall file his reply brief

on or before April 20, 2018;
3.

The hearing on the Motion shall take place on May 3, 2018 at 1:30 p.m., or soon

thereafter as the Court finds appropriate;
4.

Defendants are specially appearing and entering into this Stipulation solely for the

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limited purpose of agreeing on scheduling with respect to the Motion, and nothing in this Stipulation

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shall be construed as a waiver of any of Defendants’ rights or positions in law or equity, or as a

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waiver of any defenses that Defendants would otherwise have, including rights and defenses related

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to the absence of service on Defendants in this Action.

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Respectfully submitted,
DATED: March 8, 2018

/s/ Michael T. Jones
Michael T. Jones
Michael T. Jones (SBN 290660)
[e-mail]
GOODWIN PROCTER LLP
135 Commonwealth Drive
Menlo Park, CA 94025-1105
Tel.: [phone]
Fax: [phone]
Nicholas A. Reider (SBN 296440)
[e-mail]
GOODWIN PROCTER LLP
Three Embarcadero Center
San Francisco, CA 94111-4003
Tel.: [phone]
Fax: [phone]
Counsel for Defendants Counsel for
Defendants Ocera Therapeutics, Inc.,
Eckard Weber, Linda S. Grais, Willard Dere,
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STIPULATION AND [PROPOSED] ORDER

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Steven P. James, Nina Kjellson, Anne M.
VanLent, and Wendell Wierenga

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DATED: March 8, 2018

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/s/ Christin J. Hill
Christin J. Hill
Anna Erickson-White (SBN 161385)
[e-mail]
Christin J. Hill (SBN 247522)
[e-mail]
MORRISON & FOERSTER LLP
425 Market St.
San Francisco, CA 94105-2482
Telephone: [phone]
Facsimile: [phone]

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Counsel for Defendants Mallinckrodt PLC,
MAK LLC, and MEH Acquisition Co.

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DATED: March 8, 2018

/s/ Joel E. Elkins
Joel E. Elkins
Joel E. Elkins (SBN 256020)
[e-mail]
WEISSLAW LLP
9107 Wilshire Blvd., Suite 450
Beverly Hills, CA 90210
Telephone: [phone]
Facsimile: 310/209-2348

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RIGRODSKY & LONG, P.A.
300 Delaware Avenue, Suite 1220
Wilmington, DE 19801
[phone]

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Counsel for Plaintiff

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STIPULATION AND [PROPOSED] ORDER

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S

ORDER

UNIT
ED

THE HONORABLE EDWARD M. hen
d M. C CHEN
e Edwar JUDGE
UNITED STATES dg
JuDISTRICT

FO

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DATED: March __, 2018

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IT IS S

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PURSUANT TO STIPULATION, IT IS SO ORDERED.

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D IS T IC T O
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STIPULATION AND [PROPOSED] ORDER

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ATTORNEY ATTESTATION
I hereby attest, pursuant to Civil Local Rule 5-1(i)(3), that I obtained the concurrence in the

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filing of this document from the signatories indicated by the conformed signatures (/s/) of Joel E.

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Elkins and Christin J. Hill.

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DATED: March 8, 2018

By:

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/s/ Michael T. Jones
Michael T. Jones

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ATTORNEY ATTESTATION

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CERTIFICATE OF SERVICE

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I hereby certify that on March 8, 2018, I authorized the electronic filing of the foregoing with

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the Clerk of the Court using the CM/ECF system which sent notification of such filing to counsel of

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record.

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By:

/s/ Michael T. Jones
Michael T. Jones

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CERTIFICATE OF SERVICE