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Mabey Inc. v. MCM Construction, Inc., 2:16-cv-02639-JAM-DB. (2017)

Court: District Court, E.D. California Number: infdco20170228748 Visitors: 25
Filed: Feb. 24, 2017
Latest Update: Feb. 24, 2017
Summary: JOINT STIPULATION TO STAY PROCEEDINGS JOHN A. MENDEZ , District Judge . The undersigned counsel, representing Plaintiff Mabey Inc. and the Defendants named in the action, hereby jointly stipulate to a further limited stay of proceedings through March 6, 2017 and an extension of the deadline for responsive pleadings to March 16, 2017. This Court previously granted the Parties a 60-day stay to permit settlement negotiations. See ECF No. 19 (Order). A further stay is needed to allow the parti
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JOINT STIPULATION TO STAY PROCEEDINGS

The undersigned counsel, representing Plaintiff Mabey Inc. and the Defendants named in the action, hereby jointly stipulate to a further limited stay of proceedings through March 6, 2017 and an extension of the deadline for responsive pleadings to March 16, 2017. This Court previously granted the Parties a 60-day stay to permit settlement negotiations. See ECF No. 19 (Order).

A further stay is needed to allow the parties to continue ongoing settlement discussions. Representatives of Plaintiff Mabey, Inc. and Defendant MCM Construction, Inc. met in person on February 14, 2017, for the purpose of engaging in settlement discussions. While no settlement was reached at this meeting, counsel for the Parties have subsequently continued settlement discussions, including e-mails exchanged on February 22nd, and the Parties are optimistic that a final settlement can be achieved in the next 10 calendar days. A stay of the pending litigation would facilitate settlement because it would allow the parties to limit their expenditure of attorney's fees and costs addressing the requirements of the litigation while settlement negotiations are underway.

IT IS SO STIPULATED.

IT IS SO ORDERED.

Source:  Leagle

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