Elawyers Elawyers
Washington| Change

Securities and Exchange Comission v. Bivona, 3:16-cv-01386-EMC. (2016)

Court: District Court, N.D. California Number: infdco20161026b62 Visitors: 1
Filed: Oct. 25, 2016
Latest Update: Oct. 25, 2016
Summary: STIPULATION AND [PROPOSED] ORDER GRANTING NON-PARTY TELESOFT CAPITAL, LLC'S ADMINISTRATIVE MOTION TO REQUEST NOTICE AND AN OPPORTUNITY TO BE HEARD EDWARD M. CHEN , District Judge . WHEREAS, on October 11, 2016, the Court entered an order for appointment of Receiver in the above-captioned action ("Receiver Order", Dkt. #142); WHEREAS, before the Court is an administrative motion to confirm that non-party TeleSoft Capital, LLC (the "Non-Party") is entitled to notice and an opportunity
More

STIPULATION AND [PROPOSED] ORDER GRANTING NON-PARTY TELESOFT CAPITAL, LLC'S ADMINISTRATIVE MOTION TO REQUEST NOTICE AND AN OPPORTUNITY TO BE HEARD

WHEREAS, on October 11, 2016, the Court entered an order for appointment of Receiver in the above-captioned action ("Receiver Order", Dkt. #142);

WHEREAS, before the Court is an administrative motion to confirm that non-party TeleSoft Capital, LLC (the "Non-Party") is entitled to notice and an opportunity to be heard before the Receiver approves, negotiates for the sale or transfers pre-IPO shares of Palantir Technologies, Inc. ("Palantir"), pursuant to Sections IX and XIV of the Receiver Order (the "Motion");

WHEREAS, Plaintiff and the Receiver do not take any position on the representations made in Non-Party's Motion;

NOW, THEREFORE, Plaintiff, the Receiver and Non-Party, by and through their undersigned counsel, hereby agree and stipulate as follows:

1. If the Receiver requests the Court's approval for sales of Palantir shares from the Set-Aside Fund, Non-Party is entitled to two-weeks expedited notice, with any opposition by Non-Party due in writing five court days after the Receiver's expedited motion;

2. In accordance with this Order, the Clerk shall add Non-Party's undersigned counsel to an ECF user in the above-captioned action.

E-FILER'S ATTESTATION

Pursuant to Civil Local Rule 5.1(i)(3), the undersigned attests that parties to this Stipulation have concurred in the filing of this STIPULATION AND [PROPOSED] ORDER GRANTING NON-PARTY TELESOFT CAPITAL, LLC'S ADMINISTRATIVE MOTION TO REQUEST NOTICE AND AN OPPORTUNITY TO BE HEARD.

DATED: October 19, 2016. By: /s/Patrick E. Gibbs _________________________ Patrick E. Gibbs

[PROPOSED] ORDER

PURSUANT TO STIPULATION, IT IS SO ORDER.

Source:  Leagle

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question
Search for lawyers by practice areas.
Find a Lawyer