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CORDY v. USS-POSCO INDUSTRIES, 3:12-cv-00553-JST. (2013)

Court: District Court, N.D. California Number: infdco20130927e34 Visitors: 21
Filed: Sep. 25, 2013
Latest Update: Sep. 25, 2013
Summary: STIPULATION AND [PROPOSED] ORDER REGARDING EXTENSION OF DEADLINE TO FILE MOTION FOR PRELIMINARY APPROVAL OF CLASS ACTION SETTLEMENT JON S. TIGAR, District Judge. STIPULATION Plaintiff Carl Cordy ("Plaintiff") and Defendant USS-POSCO INDUSTRIES ("Defendant" OR "UPI") (collectively "the Parties") hereby respectfully submit this stipulation and proposed order requesting a brief extension of the deadline to file the Motion for Preliminary Approval of Class Action Settlement and supporting
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STIPULATION AND [PROPOSED] ORDER REGARDING EXTENSION OF DEADLINE TO FILE MOTION FOR PRELIMINARY APPROVAL OF CLASS ACTION SETTLEMENT

JON S. TIGAR, District Judge.

STIPULATION

Plaintiff Carl Cordy ("Plaintiff") and Defendant USS-POSCO INDUSTRIES ("Defendant" OR "UPI") (collectively "the Parties") hereby respectfully submit this stipulation and proposed order requesting a brief extension of the deadline to file the Motion for Preliminary Approval of Class Action Settlement and supporting documents.

WHEREAS, the Parties negotiated a settlement following mediation, and negotiated and executed a settlement agreement on June 14, 2013;

WHEREAS, Plaintiff submitted a Motion for Preliminary Approval of Settlement and supporting documents on July 23, 2013 (Doc. No. 48);

WHEREAS, on July 31, 2013, this Court issued an order requesting that the Parties address and/or cure several issues relating to the settlement as addressed in its Order Denying Preliminary Approval of Class Action Settlement (Doc. No. 52);

WHEREAS, this Court stated in its Order that Plaintiff may file another Motion for Preliminary Approval of Class Action settlement by September 30, 2013 (Doc. No. 52).

WHEREAS, the Parties have been diligently negotiating additional and new settlement terms and details with respect to the settlement reached in this matter. The additional and new settlement terms address and/or are in response to this Court's Order requesting that these issues be addressed and/or cured. The Parties have reached agreement regarding the new terms and believe that they appropriately address the issues highlighted in the Court's Order;

WHEREAS, one of the new terms negotiated and agreed to by the parties involves a revised allocation of settlement proceeds and several distribution formulas, tailored specifically to each of Plaintiff's claims. The new proposed distribution formulas require the gathering of significant data and information by Defendant UPI accounting and/or payroll department. Such information is necessary to ensure that the new allocation and proposed distribution are fair and equitable;

WHEREAS, the parties just learned that the individual at UPI responsible for obtaining and organizing the necessary data is unavailable and is unable to obtain and gather the necessary data by September 30, 2013;

WHEREAS the Parties request a brief extension of the deadline to file the preliminary approval papers to allow them time to obtain the data, ensure its accuracy and present it to this Court with the preliminary approval papers;

WHEREAS, the Parties stipulate and request that the deadline to file preliminary approval paper be extended to FROM September 30, 2013 to October 8, 2013.

IT IS SO STIPULATED, THROUGH COUNSEL OF RECORD.

PURSUANT TO STIPULATION, IT IS SO ORDERED.

Source:  Leagle

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