United States Commodity Futures Trading Commission v. Paron Capital Management, LLC et al

Filing 15

ORDER Granting 14 Stipulation EXTENDING DEFENDANT PARON CAPITAL MANAGEMENT, LLC'S DEADLINE TO ANSWER OR FILE RESPONSIVE PLEADING TO THE COMPLAINT. Signed by Judge Claudia Wilken on 11/7/2011. (ndr, COURT STAFF) (Filed on 11/7/2011)

1 J. Noah Hagey, Esq. (SBN: 262331)
[e-mail]
2 Mark P. Fickes, Esq. (SBN: 178570)
[e-mail]
3 BRAUNHAGEY & BORDEN LLP
220 Sansome Street, 2nd Floor
4 San Francisco, CA 94104
Telephone: [phone]
5 Facsimile: [phone]
6 ATTORNEYS FOR DEFENDANT
PARON CAPITAL MANAGEMENT, LLC
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UNITED STATES DISTRICT COURT

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FOR THE NORTHERN DISTRICT OF CALIFORNIA

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OAKLAND DIVISION

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UNITED STATES COMMODITY FUTURES
14 TRADING COMMISSION,
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Plaintiff,
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vs.
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PARON CAPITAL MANAGEMENT, LLC, and )
JAMES D. CROMBIE,
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Defendants.
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Case No. C 11-04577 CW

STIPULATION AND [PROPOSED]
ORDER EXTENDING DEFENDANT
PARON CAPITAL MANAGEMENT,
LLC’S DEADLINE TO ANSWER OR
FILE RESPONSIVE PLEADING TO
THE COMPLAINT

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Case No. C 11-04577 CW
STIPULATION AND [PROPOSED] ORDER

Whereas, the deadline for Defendant Paron Capital Management, LLC (“Paron”) to answer

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2 or file a responsive pleading to the complaint in this matter is November 14, 2011;
Whereas, Plaintiff U.S. Commodity Futures Trading Commission (“CFTC”) and Paron are

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4 engaged in settlement discussions that may obviate the need to respond to the complaint; and
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Whereas, the CFTC and Paron seek a thirty (30) day extension to further explore settlement.

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Therefore, the CFTC and Paron stipulate and agree, and ask the Court to order, that the

7 deadline for Paron to respond to the complaint is extended up to and including December 12, 2011.
IT IS SO STIPULATED.

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Dated: November 3, 2011

BRAUNHAGEY & BORDEN LLP

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By:

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/s
J. Noah Hagey
Attorneys for Defendant Paron Capital
Management, LLC

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15 Dated: November 3, 2011
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U.S. COMMODITY FUTURES TRADING
COMMISSION

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By:

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/s
John Einstman
Attorneys for Plaintiff U.S. Commodity
Futures Trading Commission

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Filer’s attestation: Pursuant to General Oder No. 45.X.B, counsel for Paron attests that
concurrence in the filing of this document has been obtained from John Einstman, counsel for the
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-2STIPULATION AND [PROPOSED] ORDER

Case No. C 11-04577 CW

[PROPOSED] ORDER

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The Court has considered the stipulation of the CFTC and Paron and finds good cause to

3 order that the deadline for Paron to answer or file a responsive pleading to the complaint is
4 extended up to and including December 12, 2011.
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IT IS SO ORDERED.

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7 Dated: November __, 2011
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_______________________________
Claudia Wilken
UNITED STATES DISTRICT JUDGE

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STIPULATION AND [PROPOSED] ORDER

Case No. C 11-04577 CW