Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_05-cv-02142/USCOURTS-cand-4_05-cv-02142-9/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 7:6(b) Federal Commodity Exchange Regulation

---

Stipulated Request to Re-Schedule Hearing on Def. Mot. to Dismiss - 1 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Allison Lurton, VA Bar No. 39029 

Gretchen Lowe, DC Bar No. 421995 

Commodity Futures Trading Commission 

1155 21st St., NW 

Washington, DC 20581 

202-418-5349 (Lurton) 

202-418-5370 (Lowe) 

202-418-5538 (fax) 

alurton@cftc.gov 

United States District Court 

Northern District of California 

San Francisco Division 

Commodity Futures Trading Commission, 

 Plaintiff, 

 vs. 

Robert Joseph Beasley, Longboat Global 

Funds Management, LLC, 

 Defendant 

) 

) 

) 

) 

) 

) 

) 

) 

) 

) 

) 

) 

Case No.: No. 05-2142 PJH 

Stipulated Request for Order to Reschedule 

Hearing on Defendants’ Motion To Dismiss to 

January 25, 2006 

 Pursuant to L.R. 6-1(b) and L.R. 6-2, the plaintiff, Commodity Futures Trading 

Commission, defendants, Robert Joseph Beasley and Longboat Global Funds Management, 

LLC, submit this stipulated request for an order to reschedule the hearing on Defendants’ motion 

to dismiss. Pursuant to L.R. 6-2(a), and in support of this stipulated request, plaintiff’s counsel, 

Allison Lurton, submits the attached declaration. 

 For the reasons set forth in the attached declaration, the parties respectfully request an 

order rescheduling the hearing on Defendant’s motion to dismiss, presently scheduled for 

December 21, 2005, to January 25, 2006. 

Case 4:05-cv-02142-PJH Document 51 Filed 12/01/05 Page 1 of 5
Stipulated Request to Re-Schedule Hearing on Def. Mot. to Dismiss - 2 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Dated this 29th day of November, 2005 

 /s/ Allison P. Lurton 

Allison P. Lurton 

Attorney for Plaintiff, 

Commodity Futures Trading 

Commission 

 /s/ David W. Porteous 

David W. Porteous 

Attorney for Defendants 

Robert Joseph Beasley 

Longboat Global Funds 

Management, LLC 

 

PURSUANT TO STIPULATION, IT IS SO ORDERED, 

 _________ / / 

Hon. Phyllis J. Hamilton 

12/1/05

Case 4:05-cv-02142-PJH Document 51 Filed 12/01/05 Page 2 of 5
Stipulated Request to Re-Schedule Hearing on Def. Mot. to Dismiss - 3 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Allison Lurton, VA Bar No. 39029 

Gretchen Lowe, DC Bar No. 421995 

Commodity Futures Trading Commission 

1155 21st St., NW 

Washington, DC 20581 

202-418-5349 (Lurton) 

202-418-5370 (Lowe) 

202-418-5538 (fax) 

alurton@cftc.gov 

United States District Court 

Northern District of California 

San Francisco Division 

Commodity Futures Trading Commission, 

 Plaintiff, 

 vs. 

Robert Joseph Beasley, Longboat Global 

Funds Management, LLC, 

 Defendant 

) 

) 

) 

) 

) 

) 

) 

) 

) 

) 

) 

) 

Case No.: No. 05-2142 PJH 

Declaration in Support of Stipulated Request 

for Order to Reschedule Hearing on 

Defendants’ Motion To Dismiss to January 25, 

2006 

 In support of the parties’ Stipulated Request for Order to Reschedule Hearing on 

Defendants’ Motion To Dismiss to January 25, 2006, Allison Lurton, Counsel for Plaintiff, 

Commodity Futures Trading Commission, declares as follows: 

 1. On October 3, 2005, the Plaintiff, Commodity Futures Trading Commission 

(“Commission”), filed its amended complaint in this action. 

 2. On November 8, 2005, Defendants Robert Joseph Beasley and Longboat Global 

Funds Management, LLC filed a motion to dismiss the amended complaint pursuant to 

Fed.R.Civ.P. 12(b)(6) and 12(f) and scheduled it for hearing on December 21, 2005 at 9:00 a.m. 

Case 4:05-cv-02142-PJH Document 51 Filed 12/01/05 Page 3 of 5
Stipulated Request to Re-Schedule Hearing on Def. Mot. to Dismiss - 4 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

 3. The Commission intends to file an opposition to the Defendants motion but is 

unable to complete its opposition by 21 days before the hearing, as required by L.R. 7-3(a). 

Plaintiff’s counsel has been unable to complete the opposition due to work in other cases, 

including a preliminary injunction hearing that took place on November 22, 2005, in Comm. Fut. 

Trad. Comm. v. American Derivatives et al., Case No. 05-2492 (N.D. Ga.). Plaintiff’s counsel 

anticipates needing only minimal additional time to complete the opposition. 

 4. On November 28, 2005, I contacted counsel for Defendants, David Porteous, to 

inquire about rescheduling the hearing set for December 21, 2005, to allow the parties additional 

time to complete the opposition and reply. Mr. Porteous indicated that he would stipulate to 

move the hearing date to a date that was mutually agreeable, and would provide enough time for 

him to prepare and file the Defendants’ anticipated reply brief 14 days prior to the hearing date. 

 5. I also conferred with Mr. Porteous concerning the parties’ interest in rescheduling the hearing to a date in January when the parties could address both the hearing on 

the motion to dismiss and the pending case management conference, currently scheduled for 

December 15, 2005. By January, the parties believe that additional progress will have been 

made by the Temporary Receiver in this case, aiding the parties in their required disclosures and 

in streamlining the issues in this case. Counsel for Plaintiff and Defendants both believe that 

moving the hearing on the motion to dismiss and the case management conference to January 

25th will be a more efficient use of judicial resources. 

 6. Accordingly, the parties respectfully request that the hearing on Defendants’ 

motion to dismiss be rescheduled from December 21, 2005 to January 25, 2006. 

 7. Previous time modifications in this case include the rescheduling of the case 

management conference from September 22, 2005, to December 15, 2005 and the extension of 

the deadline by which the parties are to complete mediation from December 15, 2005 to 

February 15, 2006. 

Case 4:05-cv-02142-PJH Document 51 Filed 12/01/05 Page 4 of 5
Stipulated Request to Re-Schedule Hearing on Def. Mot. to Dismiss - 5 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

 8. At this time, the request to reschedule the hearing is not expected to impact in a 

significant way the schedule of this case. While the parties are asking that this hearing date and 

the case management conference date be rescheduled, the parties believe that the change will 

make the hearing and the conference more meaningful and productive because the parties expect 

to have more information at that time. For this reason, I do not believe that the overall impact on 

the schedule in this case will be significant. 

Dated this 29th day of November, 2005 

 /s/ Allison P. Lurton 

Allison P. Lurton 

Counsel for Commodity 

Futures Trading Commission

Case 4:05-cv-02142-PJH Document 51 Filed 12/01/05 Page 5 of 5