Opinion
Case No. CV 10-5047 (PJH)
10-14-2011
ISRAEL DISCOUNT BANK OF NEW YORK, a New York corporation, Plaintiff, v. SIMIS, INC., a California corporation; SIMLV, INC., a Nevada corporation; WORLD OF CHARMS, INC., formerly known as WOC, INC., a Nevada corporation; SIMSF, INC., a California corporation; SIMUS INC., a California corporation; SIMBP, INC., a California corporation; ADI SIMAYOF, an Individual; SARI SIMAYOF COHEN, an Individual, Defendants.
Michael J. Niborski (State Bar No. 192111) PRYOR CASHMAN LLP Ronald S. Beacher (State Bar No. 130318) PRYOR CASHMAN LLP Attorneys for Plaintiff and Counterclaim Defendant Israel Discount Bank of New York
Michael J. Niborski (State Bar No. 192111)
PRYOR CASHMAN LLP
Ronald S. Beacher (State Bar No. 130318)
PRYOR CASHMAN LLP
Attorneys for Plaintiff and Counterclaim Defendant
Israel Discount Bank of New York
[Judge Phyllis J. Hamilton]
ORDER RE: JOINT NOTICE OF CONDITIONAL SETTLEMENT AND
REQUEST TO STAY PROCEEDINGS AND FOR OTHER RELIEF
[Joint Notice of Conditional Settlement and Request to Stay Proceedings and for Other
Relief filed concurrently herewith]
ORDER
IT IS HEREBY ORDERED that, pursuant to the concurrently filed Joint Notice Of Conditional Settlement And Request To Stay Proceedings (the "Joint Request"):
(1) this Action is hereby stayed in its entirety for ninety (90) days through and including January 12, 2012 (the "Stay");
(2) the Hearing Date and the Request For Conference (as those terms are defined in the Joint Request) are hereby vacated;
(3) the Dispositive Motion Deadline (as that term is defined in the Joint Request) is extended through and including the date which is fourteen (14) days after the Stay is lifted;
(4) Plaintiff 's time to serve a reply papers in further support of the Motion to Dismiss (as that term is defined in the Joint Request) is hereby extended pending further Order from this Court; and
(5) the Stay shall be vacated before the expiration of the aforementioned ninety day period should the parties inform this Court that they have failed to consummate a final agreement or that the Bankruptcy Court (as that term is defined in the Joint Request) has refused to approve the proposed settlement.
By: Judge Phyllis J. Hamilton
IT IS SO ORDERED.