Hunter v. Okun et al

Filing 381

ORDER REQUESTING AMENDED PROPOSED ORDER. Accordingly, on or before February 28, 2011, the parties shall submit Amended Proposed Orders that comport with the timing requirements of In re Mercury, namely, the parties shall include timing provisions for the filing of requests for attorneys fees and the class members' objections, if any, to the fee requests. Further, pending preliminary approval of the settlement, the Court will set a Final Fairness Hearing for June 27, 2011, at 9 a.m. Thus, in their Amended Proposed Orders, the parties shall use this putative Final Fairness Hearing date to adjust all other deadlines accordingly. Signed by Judge James Ware on 2/25/2011. (ecg, COURT STAFF) (Filed on 2/25/2011)

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Hunter v. Okun et al Doc. 381 1 2 3 4 5 6 7 8 9 10 IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION In re Edward H. Okun Internal Revenue Service § 1031 Tax Deferred Exchange Litigation NO. C 07-02795 JW NO. C 09-02079 JW NO. C 09-md-02028JW ORDER REQUESTING AMENDED PROPOSED ORDER / This case is scheduled for a hearing on February 28, 2011 on the parties' Joint Motion for Preliminary Approval of Wave III Class Settlement. (hereafter, "Motion," Docket Item No. 471.) Upon review of the parties' submissions, the Court finds that the parties' Proposed Orders do not satisfy the requirements of In re Mercury.1 Specifically, the Proposed Orders must provide the class sufficient time following the filing of Plaintiffs' Attorney Fee Application for any Objectors to file their objections with respect to the Application to conform with the requirements of due process. Id. Further, In re Mercury requires that a fee application must include details sufficient for the class to meaningfully evaluate it, including detailed hour reports and how those efforts contributed to the benefit of the class. Id. United States District Court 11 For the Northern District of California 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 1 28 In re Mercury Interactive Secs. Litig., No. 08-17372, 2010 WL 3239460 (9th Cir. Aug. 18, 2010). Dockets.Justia.com 1 2 3 4 5 6 7 8 9 10 Accordingly, on or before February 28, 2011, the parties shall submit Amended Proposed Orders that comport with the timing requirements of In re Mercury, namely, the parties shall include timing provisions for the filing of requests for attorneys fees and the class members' objections, if any, to the fee requests.2 Further, pending preliminary approval of the settlement, the Court will set a Final Fairness Hearing for June 27, 2011, at 9 a.m. Thus, in their Amended Proposed Orders, the parties shall use this putative Final Fairness Hearing date to adjust all other deadlines accordingly. Dated: February 25, 2011 JAMES WARE United States District Chief Judge United States District Court 11 For the Northern District of California 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Further, the Court notes that Defendant Citibank's Proposed Order has incorrectly included the date for the Final Fairness Hearing to be February 28, 2011. 2 2 1 2 3 4 5 6 7 8 9 10 THIS IS TO CERTIFY THAT COPIES OF THIS ORDER HAVE BEEN DELIVERED TO: Allen W. Burton aburton@omm.com Allison Lane Cooper acooper@kksrr.com Anthony Robert Zelle tzelle@zelmcd.com Bradley J. Lingo blingo@gibsondunn.com Brett Alan Broge bbroge@lerchsturmer.com Brian P. McDonough bmcdonough@zelmcd.com Carol Lynn Thompson cthompson@sidley.com Cindy Hamilton hamiltonc@gtlaw.com Debra Steel Sturmer Dsturmer@lerchsturmer.com Eileen Regina Ridley eridley@foley.com Ethan D. Dettmer edettmer@gibsondunn.com F. Joseph Warin fwarin@gibsondunn.com James Carnegie Krieg jkrieg@kksrr.com Jeffrey Noah Labovitch jlabovitch@mwwllp.com Jennifer Robin McGlone jmcglone@kksrr.com John Kenneth Van De Weert jvandeweert@sidley.com Jonathan Matthew Blute jblute@mpbf.com Karen Rosenthal rosenthalk@gtlaw.com Katherine R. Catanese kcatanese@foley.com Kevin Michael Fee kfee@sidley.com Lawrence A Kellogg lak@lkllaw.com Madeline Anne Zamoyski mzamoyski@omm.com Mark Bruce Blocker mblocker@sidley.com Michael Drury mdrury@mwwllp.com Michael P. Denver mpdenver@hbsb.com Patrick T. Wong pwong@foley.com R. Van Swearingen vswearingen@sidley.com Robert A. Curtis rcurtis@foleybezek.com Robert Louis Brace rlbrace@hbsb.com Scott A. Fink sfink@gibsondunn.com Stephen F. Gordon sgordon@gordonfirm.com Thomas G. Foley tfoley@foleybezek.com Thomas Reynolds Heisler theisler@sidley.com Thomas W. Evans tevans@zelmcd.com Timothy J. Halloran thalloran@mpbf.com Todd Barnett Gordon tgordon@gordonfirm.com Wayne Allen Schrader wschrader@gibsondunn.com William J. Goines goinesw@gtlaw.com Dated: February 25, 2011 Richard W. Wieking, Clerk By: /s/ JW Chambers Elizabeth Garcia Courtroom Deputy United States District Court 11 For the Northern District of California 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

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