Opinion
Civil Action 24-358-MN
04-25-2024
In re BYJU'S ALPHA, INC., Debtor. v. CAMSHAFT CAPITAL FUND, LP, CAMSHAFT CAPITAL ADVISORS, LLC, CAMSHAFT CAPITAL MANAGEMENT, LLC, RIJU RAVINDRAN and INSPILEARN LLC, Defendants and Appellants. BYJU'S ALPHA, INC., Plaintiff and Appellee,
Chapter 11
Bankruptcy Case No. 24-10140-JTD
Bankr. BAP No. 24-00015
ORDER
CHRISTOPHER J. BURKE, UNITED STATES MAGISTRATE JUDGE
At Wilmington, Delaware, this 25th day of April 2024, WHEREAS, pursuant to Section 1 of the Procedures to Govern Mediation of Appeals from the United States Bankruptcy Court for this District (“Procedures”), dated July 19, 2023, the Court conducted an initial review of this matter, including having gathered information from the parties and their counsel, in order to determine the appropriateness of mediation for the case;
WHEREAS the parties jointly agree that their disputes here cannot be resolved through mediation and the Court agrees;
THEREFORE, pursuant to Section 1 of the Procedures, the Court determines that mediation is not appropriate in this matter and recommends that the assigned District Judge issue an order withdrawing the matter from mediation and setting the following appellate briefing schedule (agreed to by the parties):
Appellants' Opening Brief due thirty (30) days from the date of the order removing this matter from the Court's mandatory mediation process
Appellees' Opening Brief due thirty (30) days following receipt of the Appellants' Opening Brief
Appellants' Reply Brief due fifteen (15) following receipt of the Appellees' Opening Brief