Camshaft Capital Fund, LP. et al v. BYJU's Alpha, Inc. et al

Filing 7

Recommendation that Bankruptcy Appeal be withdrawn from mandatory mediation. Signed by Judge Christopher J. Burke on 6/3/2024. (nmf)

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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE In re: ) ) BYJU’S ALPHA, INC., ) ) Debtor. ) _____________________________________ ) CAMSHAFT CAPITAL FUND, LP, ) CAMSHAFT CAPITAL ADVISORS, LLC, ) CAMSHAFT CAPITAL MANAGEMENT, ) LLC and WILLIAM MORTON, ) ) Appellants, ) ) v. ) ) BYJU’s Alpha, Inc., ) ) Appellee. ) _____________________________________ ) Chapter 11 Bankruptcy Case No. 24-10140-JTD Bankr. BAP No. 24-0023 Civil Action No. 24-492-MN ORDER At Wilmington, Delaware, this 3rd day of June 2024, WHEREAS, pursuant to Section 1 of the Procedures to Govern Mediation of Appeals from the United States Bankruptcy Court for this District (“Procedures”), dated July 19, 2023, the Court conducted an initial review of this matter, including having gathered information from the parties and their counsel, in order to determine the appropriateness of mediation for the case; WHEREAS the parties jointly agree that their disputes here cannot be resolved through mediation and the Court agrees; THEREFORE, pursuant to Section 1 of the Procedures, the Court determines that mediation is not appropriate in this matter and recommends that the assigned District Judge issue 1 an order withdrawing the matter from mediation. The parties should address any request for entry of a briefing schedule to the assigned District Judge in this matter. ___________________________________ Christopher J. Burke UNITED STATES MAGISTRATE JUDGE 2

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