Dropp et al v. Diamond Resorts International, Inc. et al

Filing 61

ORDER granting #60 Stipulation to Stay Discovery; Signed by Magistrate Judge George Foley, Jr on 5/15/2018. (Copies have been distributed pursuant to the NEF - JM)

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Case 2:18-cv-00247-RFB-GWF Document 60 Filed 05/10/18 Page 1 of 3 1 2 3 4 5 6 7 8 John S. Delikanakis, Esq. Nevada Bar No. 5928 Aleem A. Dhalla, Esq. Nevada Bar No. 14188 SNELL & WILMER L.L.P. 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, Nevada 89169 Telephone: (702) 784-5200 Facsimile: (702) 784-5252 jdelikanakis@swlaw.com adhalla@swlaw.com Attorneys for Diamond Resorts Companies and the Individual Directors 9 Snell & Wilmer UNITED STATES DISTRICT COURT 11 L.L.P. LAW OFFICES 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, Nev ada 89169 702.784 .5200 10 DISTRICT OF NEVADA 12 13 14 15 16 17 18 19 20 21 22 23 JOSEPH M. DROPP, MARY E. DROPP, ROBERT LEVINE, SUSAN LEVINE, and KAARINA PAKKA, Individually and on Behalf of All Others Similarly Situated, Plaintiffs, vs. Case No. 2:18-cv-00247-RFB-GWF STIPULATION AND ORDER TO STAY DISCOVERY PENDING RESOLUTION OF DEFENDANTS’ PENDING JURISDICTIONAL AMD VENUE MOTIONS DIAMOND RESORTS INTERNATIONAL, INC.; DIAMOND RESORTS HOLDINGS, LLC; DIAMOND RESORTS CORPORATION; DIAMOND RESORTS INTERNATIONAL CLUB, INC., a/k/a THE CLUB OPERATING COMPANY; DIAMOND RESORTS U.S. COLLECTION DEVELOPMENT, LLC; DIAMOND RESORTS U.S. COLLECTION MEMBERS ASSOCIATION; APOLLO MANAGEMENT VIII, L.P., APOLLO GLOBAL MANAGEMENT, LLC, MICHAEL FLASKEY; and KENNETH SIEGEL, 24 Defendants. 25 26 Defendants DIAMOND RESORTS INTERNATIONAL, INC.; DIAMOND RESORTS 27 HOLDINGS, 28 INTERNATIONAL CLUB, INC., a/k/a THE CLUB OPERATING COMPANY; DIAMOND 4847-7748-1573 LLC; DIAMOND RESORTS CORPORATION; DIAMOND RESORTS Case 2:18-cv-00247-RFB-GWF Document 60 Filed 05/10/18 Page 2 of 3 1 RESORTS U.S. COLLECTION DEVELOPMENT, LLC; DIAMOND RESORTS U.S. 2 COLLECTION MEMBERS ASSOCIATION (collectively “Diamond Defendants”), MICHAEL 3 FLASKEY and KENNETH SIEGEL (collectively “Individual Directors”) and Defendants 4 APOLLO GLOBAL MANAGEMENT, LLC and APOLLO MANAGEMENT VIII, L.P. 5 (“Apollo Defendants”), (all together collectively, “Defendants”) and Plaintiffs JOSEPH M. 6 DROPP, MARY E. DROPP, ROBERT LEVINE, SUSAN LEVINE, and KAARINA PAKKA 7 agree and stipulate as follows: 8 9 WHEREAS Diamond Defendants and Individual Directors filed a Motion to Sever Plaintiff Kaarina Pakka’s Claims [Dkt. No. 35] and Transfer Venue [Dkt. No. 36]; Snell & Wilmer WHEREAS Diamond Defendants and Individual Directors filed a Motion to Dismiss and 11 L.L.P. LAW OFFICES 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, Nev ada 89169 702.784 .5200 10 Compel Arbitration [Dkt. No. 37] and to Strike Class Action Allegations [Dkt. No. 38] as to 12 Plaintiffs Joseph M. Dropp, Mary E. Dropp, Robert Levine, And Susan Levine; 13 WHEREAS Apollo Defendants filed a Motion to Dismiss and Compel Arbitration [Dkt. 14 No. 37] and to Strike Class Action Allegations [Dkt. No. 38] as to Plaintiffs Joseph M. Dropp, 15 Mary E. Dropp, Robert Levine, and Susan Levine; 16 WHEREAS Apollo Defendants filed a Motion to Sever Kaarina Pakka’s Claims [Dkt. No. 17 39] and Transfer them to the United States District Court for the District of Hawaii [Dkt. No. 40]; 18 WHEREAS Apollo Defendants filed a Motion to Compel Arbitration of the Dropps’ and 19 the Levines’ Claims [Dkt. No. 41], Dismiss their Claims in this Action [Dkt. No. 42], and Strike 20 their Class Claims and Require that Arbitration Proceed on an Individual, Not Consolidated, 21 Basis [Dkt. No. 43]; 22 23 IT IS HEREBY STIPULATED that all discovery in this case is stayed pending a ruling from this Court on Defendants’ motions [Dkt. Nos. 35–43]; 24 IT IS FURTHER STIPULATED that the stay of discovery will remain in effect until 25 thirty (30) days after the court issues an order granting or denying Defendants’ motions [Dkt. 26 Nos. 35–43] or upon stipulation of the parties to lift the stay. 27 28 -24847-7748-1573 Case 2:18-cv-00247-RFB-GWF Document 60 Filed 05/10/18 Page 3 of 3 1 This Stipulation is made without prejudice to any party’s rights to seek relief once the 2 Court has made its ruling on Defendants’ motions [Dkt. Nos. 35–43]. This stipulation is without 3 prejudice to and does not waive any argument made in Defendants’ motions [Dkt. Nos. 35–43], 4 or Defendants’ right to request a stay pending any motion to dismiss pursuant to the Private 5 Securities Litigation Reform Act of 1995 (“PSLRA”). 6 Respectfully submitted this 10th day of May, 2018. 7 SNELL & WILMER L.L.P. 8 By: 9 10 Snell & Wilmer L.L.P. LAW OFFICES 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, Nev ada 89169 702.784 .5200 11 13 17 18 By: By: G. Mark Albright G. Mark Albright (Bar No. 1394) D. Chris Albright (Bar No. 4904) 801 South Rancho Drive, Suite D-4 Henderson, NV 89106 Attorneys for Plaintiffs 19 20 21 ORDER IT IS SO ORDERED. 22 23 __________________________ United States Magistrate Judge 24 DATED: 5/15/2018 __________________ 25 26 27 28 -34847-7748-1573 /s/ Rosa Solis-Rainey Rosa Solis-Rainey (Bar No. 7921) Raleigh C. Thompson (Bar No. 11296) 411 E. Bonneville Avenue, Suite 360 Las Vegas, NV 89101 Attorneys for Apollo Defendants ALBRIGHT, STODDARD, WARNICK & ALBRIGHT 14 16 /s/ John S. Delikanakis John S. Delikanakis (Bar No. 5928) Aleem A. Dhalla (Bar No. 14188) 3883 Howard Hughes Pkwy., Ste. 1100 Las Vegas, NV 89169 Attorneys for Diamond Defendants and Individual Directors 12 15 MORRIS LAW GROUP

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