Travelers Indemnity Company of America, The v. BonBeck Parker, LLC et al

Filing 50

MINUTE ORDER granting 47 parties' Joint Motion for Entry of Stay. Discovery and other proceedings in this case are STAYED pending a ruling on the parties' motions for partial summary judgment 31 and 41 . Status Report due by 8/31/2015. Should a ruling be entered before 8/31/ 2015, parties to file a proposed amended scheduling order within 14 days of such ruling. By Magistrate Judge Michael J. Watanabe on 2/20/2015. (emill)

IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLORADO
Civil Action No. 14-cv-02059-RM-MJW
THE TRAVELERS INDEMNITY COMPANY OF AMERICA,
Plaintiff,
v.
BONBECK PARKER, LLC, and
BONBECK HL, LLC,
Defendants.
MINUTE ORDER
Entered by Magistrate Judge Michael J. Watanabe
It is hereby ORDERED that the parties’ Joint Motion for Entry of Stay (Docket
No. 47) is GRANTED.
The Court finds that the parties to this action agree that a stay is appropriate;
that the plaintiff’s interests in proceeding expeditiously and cost-effectively are served
rather than undermined by a stay pending ruling on the threshold appraisal issue; that
the stay would appropriately mitigate undue burden on both parties; that a stay is in the
interest of judicial economy; and that the interests of third parties and the public at large
do not weigh either for or against a stay. See String Cheese Incident, LLC v. Stylus
Shows, Inc., 02-cv-01934-LTB-PA, 2006 WL 894955, at *2 (D. Colo. March 30, 2006)
(factors relevant to granting a stay of proceedings). For these reasons, the Court
further ORDERS that:
•

Discovery and other proceedings in this case are STAYED pending a
ruling on the parties’ motions for partial summary judgment (Docket Nos.
31 & 41);

•

The parties are directed to file a joint status report on or shortly before
August 31, 2015, if no ruling has yet been entered; and

•

Should a ruling be entered before August 31, 2015, the parties are
directed to file a proposed amended scheduling order within 14 days of
such ruling.

Date: February 20, 2015