Lantern Business Credit, LLC v. Alianza Trinity Development Group, LLC et al

Filing 59

ORDER granting 57 Motion to Stay. The Court STAYS these proceedings until 45 days after the closing of the sale of assets in the ongoing bankruptcy proceedings in the United States Bankruptcy Court for the Southern District of Florida. Signed by Magistrate Judge Dennis Howell on 3/7/2017. (khm)

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IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF NORTH CAROLINA ASHEVILLE DIVISION 1:16cv107 LANTERN BUSINESS CREDIT, LLC, ) ) Plaintiff, ) ) v. ) ) ALIANZA TRINITY DEVELOPMENT ) GROUP, LLC, et al., ) ) Defendants. ) _______________________________ ) ORDER Pending before the Court is the Joint Motion to Stay [# 57]. Upon a review of the record, and for good cause shown, the Court GRANTS the motion [# 57]. The Court STAYS these proceedings until 45 days after the closing of the sale of assets in the ongoing bankruptcy proceedings in the United States Bankruptcy Court for the Southern District of Florida. The parties shall report the results of the sale to the Court within ten (10) days of the closing. At that time the Court will set a status conference with the parties to determine deadlines for a new Pretrial Order and Case Management Plan. Signed: March 7, 2017

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