The parties therefore request that all deadlines in the above-captioned
appeals continue to be stayed until October 27, 2017, at which time the parties
propose that they will submit a Joint Status Report advising the Court as to the
status of the pending motions and how they wish to proceed with the appeals.
Dated September 11, 2017
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SkunK
Monday, September 11, 2017
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6 comments:
Joint Status Report is scheduled for October 27, 2017, but that is not all the information contained in the filing.
Compare language in this request: "A Status Conference was held with the District Court on September 6, 2017,during which the parties requested a further stay to allow Cantor Colburn and Defendants to work out remaining details of a settlement between them, and pending Appellants' consideration of the same."
And previous requests for stays: "The parties negotiations as to at least some of the issues are currently ongoing."
Note any change in tone?
This is why they got rid of lawyer office who also represented GERS. To facilitate a single issue settlement. Cantor Coulburn will not allow the smurch on their reputation to stand. The lawyer who represented both could not remain because of his divided loyalties. He had to consider the outcome for both parties.
"work out the remaining details of a settlement"...
There will be a settlement and we will prevail. Time to buy some more shares on any dips??? Question is, will the common shareholder be included in any settlements or will the preferred shareholders grab the money and run. I would also add, I think 5 years ago Cantor Colburn had to be guessing whether of not they would ever be getting paid for their services, they must feel a little better at this point in time...
Mr. Pokotilow has been listed in Chambers USA: America’s Leading Lawyers for Business, The Legal 500, Best Lawyers and Super Lawyers.
As manager of the intellectual property portfolios of a number of clients, Mr. Pokotilow is regularly called upon to negotiate licensing agreements, as well as to provide advice and counsel on the intellectual property issues related to joint ventures and mergers and acquisitions.
Of note:
Preserved client’s position as a leading manufacturer of animal identification devices by obtaining a Federal District Court ruling upholding the validity and enforceability of client’s patent for a unique implantable microchip. Following an affirmance by the U.S. Court of Appeals for the Federal Circuit, client was able to enforce a prior district court jury verdict permanently enjoining its opponent and largest competitor from making and selling similar microchips.
In patent litigation decisions successfully enforcing a patent covering erasable markers and a patent covering collapsible luggage, obtained awards of attorney fees and treble damages.
Too bad I didn't own shares in the other companies...
I hope this is all over but the shouting by Thanksgiving...
Come to think of it, this must signal a settlement and my guess is that they will advise the judge as such and he will grant the extension. There is no way he would grant the extension if there wasn't assurance of a settlement. He wants this to go away as much as we do!
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