Federal Trade Commission v. Ivy Capital, Inc. et al

Filing 316

ORDER Granting 315 Motion for Partial Stay of Proceedings as to Certain Parties Pending Completion of Proposed Settlements. Signed by Magistrate Judge George Foley, Jr on 8/16/12. (Copies have been distributed pursuant to the NEF - MMM)

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UNITED STATES DISTRICT COURT
DISTRICT OF NEVADA

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FEDERAL TRADE COMMISSION,

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Plaintiff,
v.
IVY CAPITAL, INC., et al.,
Defendants, and
CHERRYTREE HOLDINGS, LLC, et al.,
Relief Defendants.

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Case No. 2:11-cv-00283-JCM-(GWF)

ORDER GRANTING JOINT
MOTION FOR PARTIAL STAY OF
PROCEEDINGS AS TO CERTAIN
PARTIES PENDING COMPLETION
OF PROPOSED SETTLEMENTS

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This matter is before the court on the joint motion for a partial stay of proceedings as to

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certain parties pending completion of proposed settlements (document number 315), and having

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considered the motion, and good cause appearing,

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IT IS ORDERED that the joint motion for a partial stay of proceedings as to defendants

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Ivy Capital, Inc., Fortune Learning System, LLC, Fortune Learning, LLC, Vianet, Inc., Enrich

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Wealth Group, LLC, Zyzac Commerce Solutions, Inc., The Shipper, LLC d/b/a

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Wholesalematch.com, 3 Day MBA, LLC, Global Finance Group, LLC, Virtual Profit, LLC, ICI

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Development, Inc., Ivy Capital, LLC, Logic Solutions, LLC, Oxford Debt Holdings, LLC,

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Revsynergy, LLC, Sell It Vizions, LLC, Kyle Kirschbaum, John Harrison, Steven Lyman,

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Christopher Zelig, Steven Sonnenberg, James Hanchett, and Joshua Wickman; and relief

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defendants Cherrytree Holdings, LLC, S&T Time, LLC, Virtucon, LLC, Curva, LLC, Kierston

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Kirschbaum, Melyna Harrison, and Tracy Lyman is granted. This matter shall be stayed only as

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to these defendants and relief defendants for a period of 90 days. In the event the parties are

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unable to submit proposed final orders as to these defendants and relief defendants by the end of

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1 the stay, the FTC shall file a report informing the court of the status no later than the termination
2 of this stay.
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DATED this 16 day of August, 2012.
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___________________________
JAMES C. MAHAN
GEORGE FOLEY, JR.
United States Magistrate Judge
United States District CourtJudge

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