Patriarch Partners Agency Services, LLC v. Zohar CDO 2003-1, Ltd. et al

Filing 205

ORDER: On March 12, 2018, Defendants informed the Court that Defendants Zohar III, LLC; Zohar II 2005-1, LLC; Zohar CDO 2003-1, LLC; Zohar III, Ltd.; Zohar II 2005-1, Ltd.; and Zohar CDO 2003-1, Ltd. initiated Chapter 11 bankruptcy proceedings. (ECF No. 202.) Pursuant to the Bankruptcy Code, the initiation of the bankruptcy proceedings resulted in an automatic stay of the litigation in this Court. 11 U.S.C. §362(a). However, the docket does not indicate this case is currently stayed. As suc h, the Clerk of Court is directed to enter a stay of this case on the electronic docket. Furthermore, the parties are hereby ordered to provide the Court with a joint status letter by Tuesday, February 9, 2021 as to the status of the bankruptcy proceedings. SO ORDERED. (Signed by Magistrate Judge Katharine H. Parker on 2/02/2021) (ama)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK -----------------------------------------------------------------X 2/2/2021 PATRIARCH PARTNERS AGENCY SERVICES, LLC, ORDER Plaintiff, 16-CV-04488 (VM) (KHP) -againstZOHAR CDO 2003-1, LTD. et al., Defendants. -----------------------------------------------------------------X KATHARINE H. PARKER, UNITED STATES MAGISTRATE JUDGE On March 12, 2018, Defendants informed the Court that Defendants Zohar III, LLC; Zohar II 2005-1, LLC; Zohar CDO 2003-1, LLC; Zohar III, Ltd.; Zohar II 2005-1, Ltd.; and Zohar CDO 2003-1, Ltd. initiated Chapter 11 bankruptcy proceedings. (ECF No. 202.) Pursuant to the Bankruptcy Code, the initiation of the bankruptcy proceedings resulted in an automatic stay of the litigation in this Court. 11 U.S.C. ยง362(a). However, the docket does not indicate this case is currently stayed. As such, the Clerk of Court is directed to enter a stay of this case on the electronic docket. Furthermore, the parties are hereby ordered to provide the Court with a joint status letter by Tuesday, February 9, 2021 as to the status of the bankruptcy proceedings. SO ORDERED. Dated: February 2, 2021 New York, New York ______________________________ KATHARINE H. PARKER United States Magistrate Judge 2

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