STIPULATION TO EXTEND BRIEFING DEADLINES ON MOTIONS TO DISMISS FILED BY RAMASAMY RAVINDRAN (ECF 26 & 27)

(Second Request)

MIRANDA M. DU, District Judge.

Interpleader-plaintiff Nevada Agency and Transfer Company ("NATCO"), interpleader-defendant and cross-complainant Weyland Tech, Inc. ("Weyland"), and interpleader-defendant and cross-defendant Ramasamy Ravindran ("Ravindran" and, together with NATCO and Weyland, the "Parties") stipulate and agree as follows:

1. On January 25, 2019, Ravindran filed a Motion to (I) Dismiss Nevada Agency and Transfer Company's Complaint For Interpleader, or (II) Defer to the Litigation Pending in the High Court of Singapore ("Motion to Dismiss Interpleader Complaint"),1 and a Motion to (I) Dismiss Weyland Tech, Inc.'s Cross-Complaint, or (II) Defer to the Litigation Pending in the High Court of Singapore ("Motion to Dismiss Cross-Complaint" and, together with the Motion to Dismiss Interpleader Complaint, the "Motions).2

2. On February 11, 2019, the Court approved the Parties' first request to extend the briefing deadlines on the Motions.3 The briefing deadlines were extended because Weyland's counsel was going to be out of the country for at least two weeks and to ensure sufficient time for Weyland and NATCO to brief the issues for the Court.4

3. Since entry of this Court's order approving the initial request to extend the briefing deadlines, the Parties have had ongoing settlement discussions in an effort to globally settle this case and the matters pending in Singapore. The Parties are happy to report that they are close to reaching an agreement that will globally resolve their disputes, including this matter. They have been diligently working on memorializing an agreement and hope to have everything finalized within the next three weeks. Rather than incur the cost of briefing the Motions, the Parties felt it was best for them to remain focused on finalizing the terms of the settlement.

4. The Parties have thus agreed that:

a. NATCO shall have until Monday, March 18, 2019, to file its response to the Motion to Dismiss Interpleader Complaint;

b. Weyland shall have until Monday, March 18, 2019, to file its response to the Motion to Dismiss Cross-Complaint; and

c. Ravindran shall have until Monday, April 1, 2019, to file his reply briefs in further support of the Motions.

5. In accordance with LR IA 6-1, this is the second request by the Parties to extend the briefing deadlines for the Motions. This request is made with good cause and in good faith and not for purposes of delay. Rather, the three-week extension is meant to allow the Parties to hopefully finalize the terms and documentation of a global settlement.

IT IS SO STIPULATED.

IT IS SO ORDERED.