Filed: Jun. 22, 2017
Latest Update: Jun. 22, 2017
Summary: STIPULATION AND ORDER TO REMIT BOND EDWARD M. CHEN , District Judge . Plaintiff AllCells, LLC ("Plaintiff" or "AllCells") and Defendants Jack Zhai ("Dr. Zhai"), James Lee ("Mr. Lee"), and Cepheus Biosciences, Inc. ("Cepheus") (collectively "Defendants") stipulate to remit AllCells' bond as follows: WHEREAS, on December 23, 2016, AllCells filed the above-captioned complaint against Defendants; WHEREAS, on March 28, 2017, the Court issued an order granting in part Plaintiff's Motion for P
Summary: STIPULATION AND ORDER TO REMIT BOND EDWARD M. CHEN , District Judge . Plaintiff AllCells, LLC ("Plaintiff" or "AllCells") and Defendants Jack Zhai ("Dr. Zhai"), James Lee ("Mr. Lee"), and Cepheus Biosciences, Inc. ("Cepheus") (collectively "Defendants") stipulate to remit AllCells' bond as follows: WHEREAS, on December 23, 2016, AllCells filed the above-captioned complaint against Defendants; WHEREAS, on March 28, 2017, the Court issued an order granting in part Plaintiff's Motion for Pr..
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STIPULATION AND ORDER TO REMIT BOND
EDWARD M. CHEN, District Judge.
Plaintiff AllCells, LLC ("Plaintiff" or "AllCells") and Defendants Jack Zhai ("Dr. Zhai"), James Lee ("Mr. Lee"), and Cepheus Biosciences, Inc. ("Cepheus") (collectively "Defendants") stipulate to remit AllCells' bond as follows:
WHEREAS, on December 23, 2016, AllCells filed the above-captioned complaint against Defendants;
WHEREAS, on March 28, 2017, the Court issued an order granting in part Plaintiff's Motion for Preliminary Injunction (the "Order"). Dkt. # 104. The Order required AllCells to post a bond in an amount that was placed under seal and is hereinafter referred to as the "Bond";
WHEREAS, on or about April 4, 2017, AllCells submitted the Bond, as shown by receipt no. 34611123406, a copy of which is attached hereto as Exhibit A with the amount of the Bond redacted;
WHEREAS, during a Settlement Conference on April 17, 2017, before the Honorable Joseph Spero, the parties reached an agreement to settle the above-captioned action;
WHEREAS, on June 16, 2017, the Court entered a final judgment in the above-captioned action;
WHEREAS, AllCells, through this stipulation, seeks a return of the Bond;
IT IS STIPULATED, between Plaintiff and Defendants, through their counsel of record, that the Bond, plus any accrued interest, be remitted to AllCells at the following Address:
Jay Tong, Chief Executive Officer
AllCells, LLC
1301 Harbor Bay Parkway, Suite 200
Alameda, CA94502.
IT IS SO STIPULATED.
I, J. James Li, attest pursuant to Northern District Local Rule 5-1(i)(3) that all other signatories to this stipulation concur in the filing's content and have authorized this filing. /s/J. James Li.
Pursuant to the stipulation, GOOD CAUSE APPEARING, the Bond shall be remitted to AllCells as stipulated.
IT IS SO ORDERED.
Exhibit A