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In re Swisher Hygiene, Inc. Securities and Derivative Litigation, 3:12-MD-2384-GCM. (2015)

Court: District Court, W.D. North Carolina Number: infdco20151120c87 Visitors: 4
Filed: Nov. 19, 2015
Latest Update: Nov. 19, 2015
Summary: STIPULATION AND ORDER TO STAY PROCEEDINGS FOR THIRTY DAYS GRAHAM C. MULLEN , District Judge . WHEREAS, the parties have reached an agreement to stay proceedings for 30 days, with such stay commencing November 18, 2015. WHEREAS, the Court possesses the power to stay proceedings as part of its inherent authority to exercise control over its docket in a manner that conserves the time and resources of the Court and the parties. See Landis v. N. Am. Co. , 299 U.S. 248 , 254 (1936). IT IS HE
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STIPULATION AND ORDER TO STAY PROCEEDINGS FOR THIRTY DAYS

WHEREAS, the parties have reached an agreement to stay proceedings for 30 days, with such stay commencing November 18, 2015.

WHEREAS, the Court possesses the power to stay proceedings as part of its inherent authority to exercise control over its docket in a manner that conserves the time and resources of the Court and the parties. See Landis v. N. Am. Co., 299 U.S. 248, 254 (1936).

IT IS HEREBY STIPULATED AND AGREED, by and among the parties through the undersigned counsel, subject to the approval of the Court, that:

1. The above-captioned member case, Harris v. Swisher Hygiene, Inc., No. 3:14-cv-2388, is stayed for 30 days, with such stay beginning and effective as of November 18, 2015, irrespective of the date on which the Court So Orders this Stipulation and Order to Stay Proceedings for Thirty Days. 2. During the pendency of the stay ordered herein, all deadlines in the Harris matter, No. 3:14-cv-2388, shall be stayed, including but not limited to Defendants' deadline to answer, move or otherwise respond to the complaint. 3. The parties reserve their rights to seek a modification of this order or any other relief upon expiration of this order.

SO ORDERED.

Source:  Leagle

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