Strategic Alternative Funds Group, LLC v. Asset Class Ltd et al

Filing 20

ORDER: It is hereby ORDERED that the May 15, 2024, initial pretrial conference is CANCELLED. If the parties believe that a conference would nevertheless be useful, they should inform the court immediately so the conference can be reinstated. The ca se management plan and scheduling order will issue separately. The parties' attention is directed to the provisions for periodic status letters, and the need for a pre-motion letter to avoid cancellation of the final conference and setting of a trial date. It is further ORDERED that if Defendants seek to file a motion to dismiss, they shall file a pre-motion letter pursuant to Individual Rules III.A.1 and III.C.2. It is further ORDERED, regarding settlement discussions, the parties' ; request for a referral to mediation is GRANTED. The referral will issue in a separate order. The parties are apprised that participation in mediation does not provide cause to stay discovery. The parties should be aware that the Court does not extend the deadlines for fact and expert discovery absent compelling circumstances. (Signed by Judge Lorna G. Schofield on 5/9/2024) (mml)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK -------------------------------------------------------------STRATEGIC ALTERNATIVE FUNDS GROUP, LLC, Plaintiff, -againstASSET CLASS LTD, Defendants. ------------------------------------------------------------LORNA G. SCHOFIELD, District Judge: X : : : : : : : : X 24 Civ. 2276 (LGS) ORDER WHEREAS, the initial pretrial conference in this matter is scheduled for May 15, 2024. WHEREAS, no significant issues were raised in the parties’ joint letter or proposed case management plan. It is hereby ORDERED that the May 15, 2024, initial pretrial conference is CANCELLED. If the parties believe that a conference would nevertheless be useful, they should inform the court immediately so the conference can be reinstated. The case management plan and scheduling order will issue separately. The parties’ attention is directed to the provisions for periodic status letters, and the need for a premotion letter to avoid cancellation of the final conference and setting of a trial date. It is further ORDERED that if Defendants seek to file a motion to dismiss, they shall file a pre-motion letter pursuant to Individual Rules III.A.1 and III.C.2. It is further ORDERED, regarding settlement discussions, the parties’ request for a referral to mediation is GRANTED. The referral will issue in a separate order. The parties are apprised that participation in mediation does not provide cause to stay discovery. The parties should be aware that the Court does not extend the deadlines for fact and expert discovery absent compelling circumstances. Dated: May 9, 2024 New York, New York

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