Israel Discount Bank of New York v. Simis, Inc. et al

Filing 125

ORDER RE JOINT NOTICE OF CONDITIONAL SETTLEMENT AND REQUEST TO STAY PROCEEDINGS AND FOR OTHER RELIEF, Motions terminated: 120 MOTION Administrative Request for Supplemental Case Management Conference filed by Israel Discount Bank of New York. Signed by Judge Phyllis J. Hamilton on 10/14/11. (nah, COURT STAFF) (Filed on 10/14/2011)

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Michael J. Niborski (State Bar No. 192111)
e-mail: [e-mail]
PRYOR CASHMAN LLP
1801 Century Park East, 24th Floor
Los Angeles, California 60067
Tel: [phone]
Fax: [phone]
Ronald S. Beacher (State Bar No. 130318)
e-mail: [e-mail]
PRYOR CASHMAN LLP
7 Times Square
New York, New York 10036
Tel: [phone]
Fax: [phone]

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Attorneys for Plaintiff and Counterclaim Defendant
Israel Discount Bank of New York

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA – OAKLAND DIVISION

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ISRAEL DISCOUNT BANK OF NEW
YORK, a New York corporation,

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Case No. CV 10-5047 (PJH)
[Judge Phyllis J. Hamilton]

Plaintiff,

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v.

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SIMIS, INC., a California corporation;
SIMLV, INC., a Nevada corporation; WORLD
OF CHARMS, INC., formerly known as WOC,
INC., a Nevada corporation; SIMSF, INC., a
California corporation; SIMUS, INC., a
California corporation; SIMBP, INC., a
California corporation; ADI SIMAYOF, an
Individual; SARI SIMAYOF COHEN, an
Individual,

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Defendants.

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ORDER RE: JOINT NOTICE OF
CONDITIONAL SETTLEMENT AND
REQUEST TO STAY PROCEEDINGS
AND FOR OTHER RELIEF
[Joint Notice of Conditional Settlement and
Request to Stay Proceedings and for Other
Relief filed concurrently herewith]

ORDER

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IT IS HEREBY ORDERED that, pursuant to the concurrently filed Joint Notice
Of Conditional Settlement And Request To Stay Proceedings (the “Joint Request”):
(1)

this Action is hereby stayed in its entirety for ninety (90) days through and

including January 12, 2012 (the “Stay”);
(2)

the Hearing Date and the Request For Conference (as those terms are

defined in the Joint Request) are hereby vacated;
(3)

the Dispositive Motion Deadline (as that term is defined in the Joint

Request) is extended through and including the date which is fourteen (14) days after the
Stay is lifted;
(4)

Plaintiff ’s time to serve a reply papers in further support of the Motion to

Dismiss (as that term is defined in the Joint Request) is hereby extended pending further
Order from this Court; and

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(5)

the Stay shall be vacated before the expiration of the aforementioned

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ninety day period should the parties inform this Court that they have failed to
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consummate a final agreement or that the Bankruptcy Court (as that term is defined in the
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Joint Request) has refused to approve the proposed settlement.
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IT IS SO ORDERED.

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J

ER

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yllis J.
udge Ph

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D

DERE
_______________________________
SO OR
IS
ITUnited States District Judge

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By:

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Hamilto

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October 14
Dated: _____________ , 2011

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UNIT
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