Peter B, Inc. et al v. Schantz et al

Filing 206

ORDER APPROVING SETTLEMENT re 204 Stipulation. The Status Conference currently scheduled for December 9, 2011, is CONTINUED to January 6, 2012, at 1:30 p.m. to allow for the conclusion of the settlement and the filing of a Stipulation for Dismissal . The parties shall file a brief Joint Statement updating the court on the progress of the settlement on or before December 30, 2011, unless a Stipulation for Dismissal is filed prior to that date. Signed by Judge Edward J. Davila on 12/2/2011. (ecg, COURT STAFF) (Filed on 12/2/2011)

UNITED STATES DISTRICT COURT

2
3

NORTHERN DISTRICT OF CALIFORNIA, SAN JOSE DIVISION

4

5

6

EJD
Case Number C09-00360 JW

PETER B., INC., a Nevada Corporation,
FOXGLOVE, INC., a Wyoming corporation,

7

[PROPOSED] ORDER
APPROVING SETTLEMENT

Plaintiffs,

8

vs.

9

REID P. SCHANTZ, an individual, SUNRA
CORPORATION, a California corporation,
OMNI FINANCIAL, LLC, a California Limited
Liability Company, CURA FINANCIAL, LLC, a
California limtted liability company, MARTIN
BOONE, an individual, CHRISTOPHER
JOHNSON, an individual

10
11
12
13
14
15

Defendants.
REID P. SCHANTZ, an individual, SUNRA
CORPORATION, a suspended California
corporation,

16
Cross-Complainants,
17
18

vs.

I9

OMNI FINANCIAL, LLC, a California Limited
Liability Company, CHRISTOPHER
JOHNSON, an individual,
Cross-Defendants,

20
21

22
23

All parties stipulated to an oral settlement agreement on the record in this Court on

24

November 10, 2010. The Court issued an order on December 13, 2010 appointing George Fisher

25

as Special Master to oversee and conclude the settlement of the parties. Pursuant to said order,

26

the Special Master was to collect all of the documents and payments from the parties and deliver

27

them in execution of the Settlement Cilipon stipulation of the parties or further order of the courtD

28

This order shall serve to approve the settlement described in detail in the Stipulation for
1
ORDER APPROVING SETTLEMENT

1

Settlement filed with the court, instruct the Special Master to exchange the signed settlement

2

documents and otherwise effectuate the terms of the Stipulation for Settlement and order the

3

Special Master to transfer settlement funds to the client trust account for plaintiff[] counsel

4

Mitchell A. Stevens.

5

IT IS HEREBY ORDERED:

6

1. The settlement of this matter, as outlined in the Stipulation for Settlement filed with

7

the court and in the Settlement and Release Agreement attached thereto as Exhibit A

8

is approved;

9

2. The Parties and the Special Master shall exchange the signed settlement documents

Io

and otherwise complete the settlement procedures as outlined in the Stipulation for

II

Settlement filed with this court.

I2

3. Pursuant to the terms of the Stipulation for Settlement filed with this court, the

I3

Special Master shall forward all settlement funds he has received from the defendants

I4

to the Client Trust Account of Mitchell A. Stevens.

I5
I6
I7

I8
I9

20
21
22

4. Further periodic payments pursuant to the Stipulation for Settlement shall be made
directly to the Client Trust Account of Mitchell A. Stevens.

5. The Status Conference currently scheduled for December 9, 2011, is CONTINUED to

Dated: November _ ,1:30 p.m. to allow for the conclusion of the settlement and the filing
By:
January 6, 2012, at 2011
of a Stipulation for Dismissal. The parties shall Edward Davila Statement updating the
file a brief Joint
District Court Judge

court on the progress of the settlement on or before December 30, 2011, unless a
Stipulation for Dismissal is filed prior to that date.
IT IS SO ORDERED.
DATED: December 2, 2011
___________________________
EDWARD J. DAVILA
United States District Judge

23
24

25
26

27
28

2
ORDER APPROVING SETTLEMENT