In re Google Inc. Shareholder Derivative Litigation

Filing 124

ORDER RE TEMPORARY STAY re 123 Order on Stipulation. Signed by Judge Phyllis J. Hamilton on 3/12/14. (nahS, COURT STAFF) (Filed on 3/12/2014)

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1 2 3 UNITED STATES DISTRICT COURT 4 NORTHERN DISTRICT OF CALIFORNIA 5 6 7 IN RE: GOOGLE, INC. SHAREHOLDER DERIVATIVE LITIGATION No. C 11-4248 PJH ORDER RE TEMPORARY STAY 8 _______________________________/ 9 The court has approved the parties’ stipulation to temporarily stay this action for 60 11 For the Northern District of California United States District Court 10 days, while the parties engage in private mediation. The parties also indicate that they 12 “reserve the right to modify” the stipulation “depending on the progress of their 13 discussions.” While the court will be amenable to an extension of the stay if it will facilitate 14 resolution of the case, it notes that, in previous instances, the parties filed repeated 15 requests for extensions while there were motions still pending on the court’s docket. See 16 Dkts. 64, 68, 71. Thus, the court sets a final deadline of August 1, 2014, by which time the 17 parties must either (1) advise the court that a settlement has been reached, or (2) terminate 18 the motions pending on the court’s docket. If the parties take no action by that date, the 19 court will assume that the case is going forward and will issue orders on any pending 20 motions. 21 22 23 24 25 26 27 28 IT IS SO ORDERED. Dated: March 12, 2014 ______________________________ PHYLLIS J. HAMILTON United States District Judge

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