Opinion
4:23-mc-80243-DMR
02-22-2024
In re Application of 507 Summit LLC, Oasis Focus Fund LP, and Quadre Investments, L.P., Petitioners, for an Order Pursuant to 28 U.S.C. § 1782 to Conduct Discovery for Use in a Foreign Proceeding.
Reid Collins & Tsai LLP Marc S T Dworsky (SBN 157413) Yonah Jaffe (admitted pro hac vice) Counsel for Petitioners Labaton Sucharow LLP Ira A. Schochet (admitted pro hac vice) Additional counsel for Petitioner 507 Summit LLC Pallas Partners (US) LLP Duane L. Loft* Shireen Barday* John McAdams* Additional counsel for Petitioners Oasis Focus Fund LP and Quadre Investments, L.P. *Pro hac vice application forthcoming Weil, Gotshal & Manges LLP Evert J. Christensen, Jr.* Milana Bretgoltz* Counsel for Respondent and Non-Party Ocean Link Partners II GP Limited
Reid Collins & Tsai LLP
Marc S T Dworsky (SBN 157413)
Yonah Jaffe (admitted pro hac vice)
Counsel for Petitioners
Labaton Sucharow LLP
Ira A. Schochet (admitted pro hac vice)
Additional counsel for Petitioner 507 Summit LLC
Pallas Partners (US) LLP
Duane L. Loft*
Shireen Barday*
John McAdams*
Additional counsel for Petitioners Oasis Focus Fund LP and Quadre Investments, L.P.
*Pro hac vice application forthcoming
Weil, Gotshal & Manges LLP
Evert J. Christensen, Jr.*
Milana Bretgoltz*
Counsel for Respondent and Non-Party Ocean Link Partners II GP Limited
JOINT STATUS REPORT AND [PROPOSED] ORDER
THE HONORABLE DONNA M. RYU, CHIEF MAGISTRATE JUDGE
JOINT STATUS REPORT
Petitioners 507 Summit LLC, Oasis Focus Fund LP, and Quadre Investments, L.P. (“Petitioners”) and Respondent James Liang (“Respondent,” and together with Petitioners, “the Parties”) respectfully submit this Joint Status Report pursuant to the Court's January 18, 2024 Order, ECF No. 22.
On September 21, 2023, Petitioners filed an Application pursuant to 28 U.S.C. § 1782 seeking leave to serve a subpoena on Respondent, ECF No. 1.
On January 18, 2024, the Court entered a joint stipulation between the Parties under which, among other things, Respondent agreed to make Mr. Tony Jiang, a knowledgeable witness, available for a deposition (the “Ocean Link Deposition”) on or before February 16, 2024, ECF No. 22.
The Ocean Link Deposition occurred on January 22, 2024. The Parties are conferring as to the status of Petitioners' Application and a related application against another individual associated with Ocean Link Partners II GP Limited in the United States District Court for the District of Arizona captioned In re Application of 507 Summit LLC, et al., Case No. 2:23-mc-00040-MTL (D. Ariz.).
The Parties agree that the proceedings shall be stayed until March 18, 2024. By the same date, the Parties shall file either a dismissal or a status report.
FILER'S ATTESTATION
Pursuant to L.R. 5-1(h)(3), I, Marc S. T. Dworsky, attest that all other signatories listed and on whose behalf this filing is submitted have authorized this filing and concur in its content.
By: Marc S. T. Dworsky
[PROPOSED] ORDER
PURSUANT TO STIPULATION AND GOOD CAUSE APPEARING, IT IS SO ORDERED.
SO ORDERED