Invictus Global Management, LLC v. Apollo Global Management, Inc. et al

Filing 52

ORDER granting 51 Letter Motion to Stay re: 51 CONSENT LETTER MOTION to Stay this Matter, including a Deferral of a Ruling on Respondents' Motion to Quash addressed to Judge Andrew L. Carter, Jr. from Gregory F. Laufer dated August 16, 2023. The parties' application is GRANTED. This matter is hereby stayed until September 22, 2023. The parties are hereby ORDERED to submit a joint status report on or by September 22, 2023 advising the Court on the status of the mediation. (Signed by Judge Andrew L. Carter, Jr on 8/28/2023) (ate)

Case 1:22-mc-00130-ALC Document 52 Filed 08/28/23 Page 1 of 2
PAUL, WEISS, RIFKIND, WHARTON & GARRI SON LLP
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August 16, 2023

USDC SONY

DOCUMENT
ELECTRONICALLY FILED
DOC#: _ __ _ _ __
DATE FILED: ..;;:.8/_...2.....
8/=23.___ _ _

ViaECF
Hon. Andrew L. Carter, Jr.
United States District Comi
South em Disti·ict of New York
Tow-good Marshall United States Comihouse
40 Foley Square, Room 435
New York, NY 10007
Re:

C HRI STOPHER HOP KINS
DAVIO S . HUNTINGTON
AMR.AN HUSSEIN
L ORETTA A . JP POLI TO
WILLIAM A . ISAACSON •
J AREN JANGHORBANI
BRIAN M JANSON
LUKE JENNI NGS
J EH C . JOHNSON
MATTHEW B. J ORDAN
C HRI STOOOULOS KAOUTZANIS

BRAO S . KARP

PATRIC K N . KARS NI TZ
J OHN C . KENNEDY

ROBERT A . KILLIP
BRIAN KIM

KENNETH S . Z IMAN

AN DREW C . l<RAU SE
" N O T A O M ITTFO TO TH F Nf'W YORK ('A R

In re Jnvictus Global Management, LLC, Case No. 22-mc-00130 (S.D.N.Y.)

Dear Judge Catier:
We represent Respondents in this matter and are writing on behalf of all patties,
with the consent of Petitioner's counsel, to ask the Comito hold this matter in abeyance
for a sho1i period pending the patties' mediation efforts.
By way of brief background, Petitioner Invictus Global Management, LLC initiated
this matter in May 2022, asking the Court for authorization pursuant to 28 U.S.C. § 1782
to seek discove1y from Respondents Apollo Global Management, Inc., and its CEO, Marc
Rowan in connection with an appraisal proceeding in Bennuda (ECF No. 1). Respondents'

Case 1:22-mc-00130-ALC Document 52 Filed 08/28/23 Page 2 of 2
P.I \ U L , WEISS , RI F KJ;.;"D, \X! ll :'\RTON & G .I \RR I SON LI.P

2
motion to quash Petitioner’s subpoena (ECF No. 37) has been fully briefed since January
2023. The Bermuda proceedings have been ongoing in the meantime.
The parties have recently agreed to mediate their dispute in late September 2023. In
connection with that mediation, the parties have also agreed to a limited stay of the
Bermuda proceedings, and believe that a stay of the proceedings in this Court would
likewise be appropriate and facilitate the parties’ settlement efforts.
Accordingly, the parties jointly request a brief stay of this matter, including a
deferral of a ruling on Respondents’ motion to quash, pending the outcome of the
mediation. The parties will update the Court on the status of the mediation by no later than
September 22, or by any other date that the Court directs.
We thank the Court for its consideration of this matter.

Respectfully submitted,
/s/ Gregory F. Laufer
Gregory F. Laufer

cc: All Counsel of Record (via ECF)

The parties' application is GRANTED. This matter is

hereby stayed until September 22, 2023. The parties are
hereby ORDERED to submit a joint status report on or
by September 22, 2023 advising the Court on the status
of the mediation.
Ofl DEREO:

7

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f·!{JN,1\N!XlEW L CAf-1i'ER, ,m.
UNITED STATES D!STl~ICT ,JUDGE

Dated: August 28, 2023.

Doc#: US1:18428067v3