JOINT STATUS REPORT AND STIPULATION TO CONTINUE CASE MANAGEMENT CONFERENCE

[PROPOSED] ORDER

JEFFREY S. WHITE, District Judge.

This case is set for a Case Management Conference on April 26, 2013. As discussed in prior joint submissions to the Court, the proceedings and discovery in this case will be affected by issues also being addressed in two related proceedings, the criminal case against defendants Ebrahim Shabudin and Thomas Yu pending in this Court and the FDIC administrative case against all three defendants and others. The Department of Justice (DOJ) recently completed compilation of an omnibus database to be used in all three of the aforementioned actions. That database, to which the criminal defendants obtained access within the last thirty days, includes some seven million documents.

In light of the large volume of documentary discovery contained in the newly accessible DOJ Database, on April 11, 2013 the Court continued the criminal case for status conference on May 30, 2013 in order to allow the parties time to evaluate that database, and to meet and confer regarding case scheduling and discovery related issues. Because of the overlapping discovery in the three cases, the parties to the civil case submit this Stipulation to Continue the Case Management Conference, requesting the Court continue the Conference to June 21, 2013, at 1:30 p.m., or a date convenient for the Court.

The parties believe that it is premature to set a schedule for discovery, pretrial, and trial at this time. The defendants named in the related criminal case and the parties to the FDIC administrative proceedings are in the process of evaluating a voluminous database of newly available documents compiled by the DOJ. The parties believe it would not be productive to discuss a discovery and trial schedule until the criminal case discovery issues are resolved.

For the reasons above, the parties jointly request and stipulate that the Case Management Conference in this case be continued to June 21, 2013, or a date convenient for the Court.

In accordance with Local Rule 5-1, each of the signatories to this document have concurred in its filing, and I shall maintain records to support these concurrences.

[PROPOSED] ORDER

The court HEREBY ORDERS, pursuant to the above stipulation, that the Case Management Conference currently set for April 26, 2013, is continued to June 21, 2013, at 1:30 pm.