Tuesday, September 19, 2017

Order to Stay

The parties move jointly to continue the stay of these appeals to pursue settlement negotiations. On April 4, 2017, the court deactivated Appeal Nos. 2016-2231, 2017-1838 pending the district court’s ruling on a motion for reconsideration in the underlying proceedings. The parties in all of the above-captioned appeals now seek to continue to stay all deadlines until October 27, 2017. Upon consideration thereof, IT IS ORDERED THAT: The motion is granted to the extent that Appeal Nos. 2016-2231, 2017-1838 remain deactivated and Appeal No. 2017-1832 remains stayed. No later than October 27, 2017, the parties are directed to inform this court of the status of the reconsideration motion and how they believe these appeals should proceed. FOR THE COURT /s/ Peter R. Marksteiner Peter R. Marksteiner Clerk of Court.

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Anonymous said...

Does the judge consult with both sides to see how close they are to a settlement so that he has enough information to stay the appeal? I would think that if they claim they are still far away to a settlement that the judge does not grant a stay, but if they were close to a settlement he would grant the stay.

Questions are, and no one has the answers:

How close are they to a settlement?
If they reach a settlement, will they settle before October 27?
Is the mediator still involved?
Will there be yet another stay?
If they settle, will the common shareholder see anything?

My guess is that ICM steps up to the plate and buys out GERS. If they acquire GERS, this all goes away quickly...

nobody123789 said...

If that was a possible solution it would have happened earlier.

Anonymous said...


Anonymous said...

Boycott the NFL!

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