Filed: May 01, 2017
Latest Update: May 01, 2017
Summary: JOINT STIPULATED REQUEST AND [ PROPOSED ] ORDER TO STAY PROCEEDINGS PENDING CONSUMMATION OF SETTLEMENT AGREEMENT EDWARD M. CHEN , District Judge . Defendants Jack Zhai, James Lee, and Cepheus Biosciences, Inc. (collectively "Defendants") and Plaintiff AllCells, LLC ("Plaintiff"), through their undersigned attorneys, hereby jointly notify the Court that the parties have reached an agreement to settle this matter, and respectfully request an order from the Court to stay proceedings for se
Summary: JOINT STIPULATED REQUEST AND [ PROPOSED ] ORDER TO STAY PROCEEDINGS PENDING CONSUMMATION OF SETTLEMENT AGREEMENT EDWARD M. CHEN , District Judge . Defendants Jack Zhai, James Lee, and Cepheus Biosciences, Inc. (collectively "Defendants") and Plaintiff AllCells, LLC ("Plaintiff"), through their undersigned attorneys, hereby jointly notify the Court that the parties have reached an agreement to settle this matter, and respectfully request an order from the Court to stay proceedings for sev..
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JOINT STIPULATED REQUEST AND [PROPOSED] ORDER TO STAY PROCEEDINGS PENDING CONSUMMATION OF SETTLEMENT AGREEMENT
EDWARD M. CHEN, District Judge.
Defendants Jack Zhai, James Lee, and Cepheus Biosciences, Inc. (collectively "Defendants") and Plaintiff AllCells, LLC ("Plaintiff"), through their undersigned attorneys, hereby jointly notify the Court that the parties have reached an agreement to settle this matter, and respectfully request an order from the Court to stay proceedings for seven days so that the parties can reduce the agreement to writing.
JOINT DECLARATION OF THE PARTIES:
1. The parties settled this matter during the Settlement Conference on April 17, 2017 before Chief Magistrate Judge Speiro and a binding settlement agreement has been entered verbally into the record (D.I. 121).
2. The parties are currently working to reduce the agreement to writing and anticipate filing a joint stipulation of settlement within seven days.
3. The deadline for Defendants to file their Answer and Counterclaims is currently set for April 24, 2017.
THEREFORE, the parties jointly request that the Court stay all deadlines in this case for seven days, specifically including the deadline for Defendants to file their Answer and Counterclaims.
Having considered the foregoing joint stipulated request, and finding that good cause exists to stay this proceeding and all deadlines in this matter for seven days,
PURSUANT TO THE JOINT STIPULATION, IT IS SO ORDERED.
Attestation re Electronic Signatures
I, Mark S. Zhai, attest pursuant to Northern District Local Rule 5-1(i)(3) that all other signatories to this document, on whose behalf this filling is submitted, concur in the filing's content and have authorized this filing.
Dated: April 24, 2017.
By: /s/Mark S. Zhai
_____________________
Mark S. Zhai
