MORRISON C. ENGLAND, Jr., Chief District Judge.
TO THE HONORABLE COURT:
PLEASE TAKE NOTICE THAT Plaintiff A. TEICHERT & SON, INC. dba TEICHERT CONSTRUCTION ("Teichert") and Defendant INDIAN HARBOR INSURANCE COMPANY ("Indian Harbor"), collectively, "the Parties," have reached a conditional settlement of their disputes that are the subject of this action;
WHEREAS, the Parties engaged in a mediation on October 28, 2015;
WHEREAS, through that mediation the Parties reached a conditional settlement, as part of a global settlement of this insurance coverage action and the underlying liability claim, conditioned upon the finality of the underlying claim settlement, the conditions of which the Parties expect may not be satisfied until approximately March 14, 2016;
WHEREAS, on September 10, 2015 the Parties requested a 21-day extension of time for the Parties to conduct their Fed. R. Civ. P. 26(f) conference and submit a Joint Status Report [Doc. No. 8], which request the Court granted;
WHEREAS, on October 2, 2015 the Parties requested a 30-day extension of time for the Parties to conduct their Fed. R. Civ. P. 26(f) conference and submit a Joint Status Report [Doc. No. 12], which request the Court granted; and
WHEREAS, the Parties wish to avoid burdening the Court and its staff and incurring expenses in this litigation during the period in which the Parties expect the conditions of their conditional settlement to be satisfied.
Based on the foregoing, the Parties hereby jointly request that the Court stay the proceedings in this action through and including March 14, 2016.
Further based on the foregoing, IT IS HEREBY STIPULATED AND AGREED by and between the Parties that the Parties' deadline to conduct their Fed. R. Civ. P. 26(f) conference and submit a Joint Status Report is extended up to and including March 28, 2016.
IT IS SO STIPULATED AND AGREED.
Pursuant to the above request and stipulation:
1. The action is hereby stayed in its entirety through and including March 14, 2016; and
2. The Parties' deadline to conduct their Fed. R. Civ. P. 26(f) conference and submit a Joint Status Report is extended up to and including March 28, 2016.
IT IS SO ORDERED.