New NGC, Inc. v. ACE American Insurance Company et al

Filing 155

ORDER re 154 Status Report and request for additional time to finalize a stipulation. The parties shall file an updated Status Report due by 3/25/2016. Signed by District Judge Richard Voorhees on 3/1/16. (smj)

IN THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF NORTH CAROLINA
CHARLOTTE DIVISION
CIVIL ACTION NO. 3:10-CV-00022-RLV-DSC
NEW NGC, INC.,
Plaintiffs,
v.
ACE AMERICAN INSURANCE
COMPANY, ET AL.,

Defendants.

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ORDER

BEFORE THE COURT is the parties’ status report and request for additional time to
finalize a stipulation and otherwise engage in dispute resolution. (Doc. 154).
On February 12, 2016, the parties filed a Joint Status Report indicating that NGC and ACE
are in the process of finalizing a stipulation for submission to the Court. The parties indicate that
NGC and National Union have agreed to material terms of a settlement. NGC and National Union
anticipate that a final settlement agreement will be executed within the next thirty days.
The parties shall file a status update on their progress on no later than Friday, March 25,
2016. The Court has already granted numerous extensions of time. The parties should demonstrate
good cause and identify exactly what was done to progress this matter during this month if they
intend to seek another extension.
SO ORDERED.
Signed: March 1, 2016