Opinion
Civil Action No. 12-cv-00393-PAB-KLM
01-11-2013
MINUTE ORDER
ENTERED BY MAGISTRATE JUDGE KRISTEN L. MIX
This matter is before the Court on Defendants Credit Suisse AG, Credit Suisse Securities (USA), LLC, Credit Suisse (USA), Inc., Credit Suisse Holdings, (USA) Inc., and Credit Suisse Cayman Island Branch's (collectively, "Credit Suisse") Motion to Stay Pending Determination of Related Bankruptcy Appeal [Docket No. 41; Filed August 14, 2012] (the "Motion"). Plaintiff has filed a Response in Opposition to Credit Suisse's Motion to Stay Pending Determination of Related Bankruptcy Appeal [#46; Filed September 4, 2012]. No reply has been filed.
On September 11, 2012, this Court issued an Order [#50] granting Credit Suisse's Motion to Extend Discovery Stay [#42] and staying discovery pending resolution of the Motions to Dismiss [##24, 28]. That stay remains in place. In the instant Motion, Credit Suisse seeks a stay "[i]n the alternative to the relief sought in their pending Motion to Dismiss." [#41] at 1. Thus, Credit Suisse seeks relief only "to the extent this Court does not dismiss the Complaint." Id. at 2.
In light of the stay currently in place and given that the relief requested in the instant Motion is dependent upon a ruling on the Motions to Dismiss [##24, 28],
IT IS HEREBY ORDERED that the Motion [#41] is DENIED WITHOUT PREJUDICE. Credit Suisse may re-submit the Motion in the event that the stay currently in place [#50] is lifted following a ruling on the Motions to Dismiss [##24, 28] by the District Judge.