Halo Electronics, Inc. v. Bel Fuse Inc. et al

Filing 674

ORDER Granting 673 Stipulation to Stay Execution of Judgment. IT IS HEREBY ORDERED that Pulse may post a supersedeas bond in the amount of $1,294,006.62 to stay enforcement and execution of this Court's final 669 Judgment and 668 O rder. IT IS FURTHER ORDERED that Defendants' 671 Motion is RESOLVED pursuant to the terms set forth above in this Order. See Order for Details. Signed by Judge Andrew P. Gordon on 5/1/2023. (Copies have been distributed pursuant to the NEF - JQC)

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Case 2:07-cv-00331-APG-PAL Document 674 Filed 05/01/23 Page 1 of 3 1 W. WEST ALLEN Nevada Bar. No. 5566 2 JONATHAN W. FOUNTAIN Nevada Bar No. 10351 3 JONATHAN R. MARTIN Nevada Bar No. 15959 4 HOWARD & HOWARD ATTORNEYS PLLC 3800 Howard Hughes Parkway, Suite 1000 5 Las Vegas, Nevada 89169 Telephone: (702) 257-1483 6 Facsimile: (702) 567-1568 wwa@h2law.com 7 jwf@h2law.com jrm@h2law.com 8 Counsel for Defendants Pulse Electronics, Inc. and 9 Pulse Electronics Corp. 10 11 Michael Kane (admitted pro hac vice) (MN #247625) 12 FISH & RICHARDSON P.C. 60 South Sixth Street, Suite 3200 13 Minneapolis, Minnesota 55402 14 Telephone: (612) 335-5070 Facsimile: (612) 288-9696 15 kane@fr.com 16 Counsel for Plaintiff Halo Electronics, Inc. 17 UNITED STATES DISTRICT COURT 18 DISTRICT OF NEVADA 19 20 HALO ELECTRONICS, INC., Plaintiff, 21 vs. 22 PULSE ELECTRONICS, INC. and 23 PULSE ELECTRONICS CORP., 24 Defendants. 25 Case No. 2:07-cv-00331-APG-PAL STIPULATION AND ORDER TO STAY EXECUTION OF JUDGMENT 26 27 Plaintiff, HALO ELECTRONICS, INC. (“Halo”) and Defendants, PULSE 28 ELECTRONICS, INC. and PULSE ELECTRONICS CORP. (collectively “Pulse”), by and Case 2:07-cv-00331-APG-PAL Document 674 Filed 05/01/23 Page 2 of 3 1 through their attorneys of record, hereby agree and stipulate to stay execution on the amended 2 Judgment entered by the above-entitled Court on March 27, 2023, as set forth herein. 3 Presently pending before the Court is Defendants’ Motion Pursuant to Fed. R. Civ. P. 62 4 to Approve Supersedeas Bond and Stay Execution of Order Granting Prejudgment Interest and 5 Entry of Amended Judgment (“Motion”) filed on April 14, 2023. (ECF No. 671). Since the filing, 6 Halo and Pulse have stipulated that Pulse will post a supersedeas appeal bond of $1,294,006.62, 7 and that the posting of the bond stays enforcement and execution of the Judgment in this matter 8 and corresponding orders (ECF Nos. 668 and 669) under Fed. R. Civ. P. 62(b) pending final 9 disposition of the appeal filed by Pulse on March 27,2023. 10 THEREFORE, UPON THE STIPULATION OF THE PARTIES, and the Court otherwise 11 being fully advised in the premises: 12 IT IS HEREBY ORDERED that Pulse may post a supersedeas bond in the amount of 13 $1,294,006.62 to stay enforcement and execution of this Court’s final judgment and order (ECF 14 Nos. 668 and 669). 15 IT IS FURTHER ORDERED that upon Pulse’s posting of an appeal bond in the amount 16 of $1,294,006.62, enforcement of this Court’s final judgment and order (ECF Nos. 668 and 669) 17 and Halo’s ability to execute under the final judgment be and is hereby stayed pursuant to Fed. R. 18 Civ. P. 62(d) pending final disposition of the appeal filed by Pulse on March 27, 2023. The final 19 disposition of the supersedeas bond shall be governed by the terms contained in the bond. 20 21 / / / 22 23 / / / 24 25 / / / 26 27 / / / 28 2 STIPULATION AND ORDER TO STAY EXECUTION OF JUDGMENT Case 2:07-cv-00331-APG-PAL Document 674 Filed 05/01/23 Page 3 of 3 1 IT IS FURTHER ORDERED that Defendants’ Motion (ECF No. 671) is RESOLVED 2 pursuant to the terms set forth above in this Order. 3 IT IS SO ORDERED: 4 5 6 HONORABLE ANDREW P. GORDON UNITED STATES DISTRICT JUDGE 7 May 1, 2023 DATED: _________________________ 8 9 IT IS SO STIPULATED, THROUGH COUNSEL OF RECORD: 10 DATED: April 28, 2023 DATED: April 28, 2023 FISH & RICHARDSON P.C. HOWARD & HOWARD ATTORNEYS PLLC By: /s/ Michael Kane Michael Kane (admitted pro hac vice) (MN #247625) 60 South Sixth Street, Suite 3200 Minneapolis, MN 55402 By: /s/ W. West Allen W. West Allen Nevada Bar. No. 5566 3800 Howard Hughes Parkway, Suite 1000 Las Vegas, Nevada, 89169 11 12 13 14 15 16 17 18 19 Counsel for Plaintiff HALO ELECTRONICS, INC. Counsel for Defendants PULSE ELECTRONICS, INC. PULSE ELECTRONICS CORP. 20 21 22 23 24 25 26 27 4896-1940-3360, v. 1 28 3 STIPULATION AND ORDER TO STAY EXECUTION OF JUDGMENT

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