Michael Wilson & Partners, Limited

Filing 147

Minute Entry/MINUTE ORDER for proceedings held before Magistrate Judge Kathleen M. Tafoya: Show Cause Hearing held on 7/14/2010. The Court discharges the Order to Show Cause. The Courts orders entered on April 30, 2009 and June 8, 2010 are reaffirmed , in principal, however it now appears that the costs which may potentially be assessed against Petitioner in connection with production pursuant to the subpoenas at issue is unlikely to exceed $500,000.00. Therefore 142 Petitioners motion for leave to post alternate security is granted. Petitioner shall post acceptable security as discussed in the amount of $500,00.00 on or before August 25, 2010. Respondents shall not be required to produce the discovery ordered by the Court on April 30, 2009 to the Petitioner until after Petitioner posts acceptable security as Ordered (Court Reporter FTR-G.Mattei) (bnbcd, )

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO Magistrate Judge Kathleen M. Tafoya Civil Action No. 06-cv-02575-MSK-KMT Date: July 14, 2010 FTR - Courtroom C-201 Deputy Clerk, Geneva D. Mattei

MICHAEL WILSON & PARTNERS, LIMITED Plaintiff, v. SOKOL HOLDINGS, INC. FRONTIER MINING, LTD, BRIAN C. SAVAGE, and THOMAS SINCLAIR, Interested Parties.

A. Katherine Toomey

Jonathan Auerbach via telephone Jerome Marcus via telephone Steven Tyson via telephone Jean-Pierre Douglas-Henry via telephone

COURTROOM MINUTES / MINUTE ORDER HEARING: SHOW CAUSE HEARING Court in session: : 9:26 a.m. Court calls case. Appearances of counsel. The Court takes up the issues regarding response to the Court's April 30, 2010 Order to Show Cause, Michael Wilson & Partners, Limited's request that the bond be reconsidered by the Court, and Petitioner's motion for leave to post alternate security. Argument presented. ORDERED: The Court's orders entered on April 30, 2009 and June 8, 2010 are reaffirmed, in principal, however it now appears that the costs which may potentially be assessed against Petitioner in connection with production pursuant to the subpoenas at issue is unlikely to exceed $500,000.00. Therefore, Petitioner's motion for leave to post alternate security [Doc#142; filed 7/7/10] is granted as stated on the record. Petitioner shall post acceptable security as discussed in the amount of $500,00.00 on or before August 25, 2010.

ORDERED: Respondents shall not be required to produce the discovery ordered by the Court on April 30, 2009 to the Petitioner until after Petitioner posts acceptable security as Ordered. ORDERED: The Court discharges the Order to Show Cause. Court in Recess: 10:26 a.m. Hearing concluded. Total In-Court Time 01:00
*To obtain a transcript of this proceeding, please contact Avery Woods Reporting at [phone].

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