Opinion
Civil No. 09-cv-335-JM.
November 30, 2009
ORDER
The Court has been advised that Findings Incorporated has filed for relief under the Bankruptcy Code; therefore, pursuant to 11 U.S.C. § 362, the case is automatically stayed only as to the bankrupt party and shall proceed as to the remaining parties in the case. On request of a party in interest, the Bankruptcy Court may grant relief from this stay.
It is therefore ordered that the counsel for Petitioner in Bankruptcy shall file a status report on January 1 and July 1 of each year until the issues are resolved. The Court should, of course, immediately be notified upon ultimate resolution of the issues. Failure to respond will result in the referral of the action to a judicial officer for sanctions which may include imposition of fines.