Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_05-cv-04182/USCOURTS-cand-3_05-cv-04182-5/pdf.json

Nature of Suit Code: 160
Nature of Suit: Stockholder's Suits
Cause of Action: 28:1332 Diversity-Stockholders Suits

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Stipulation of Dismissal Without Prejudice: 3:05-CV-04182 MHP

SKADDEN, ARPS, SLATE,

MEAGHER & FLOM LLP

Van C. Durrer, II (Cal. Bar. No. 226693)

Kurt Ramlo (Cal. Bar No. 166856)

300 South Grand Avenue

Suite 3400

Los Angeles, California 90071-3144

Telephone: 213.687.5000

Facsimile: 213.687.5600

Email: kramlo@skadden.com

Attorneys for the Joint Liquidators of

Plaintiff Flightlease Holdings (Guernsey) Limited

Names and addresses of additional counsel appear on the signature pages

IN THE UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

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FLIGHTLEASE HOLDINGS (GUERNSEY)

LIMITED, by its Joint Liquidators

Stephen John Akers and Nick Stuart Wood,

derivatively and on behalf of Nominal

Defendant GATX Flightlease Aircraft

Company Limited,

Plaintiff,

- against -

JAMES MORRIS, ALAN M. REINKE,

GATX THIRD AIRCRAFT

CORPORATION and GATX FINANCIAL

CORPORATION,

Defendants,

- and -

GATX FLIGHTLEASE AIRCRAFT

COMPANY LIMITED,

Nominal Defendant.

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Case No. 3:05-CV-04182 MHP

STIPULATION OF DISMISSAL

WITHOUT PREJUDICE

The Honorable Marilyn H. Patel

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Pursuant to Fed. R. Civ. P. 41(a)(1)(ii), Plaintiff Flightlease Holdings (Guernsey)

Limited, by its Joint Liquidators Stephen John Akers and Nick Stuart Wood, derivatively on behalf

of Nominal Defendant GATX Flightlease Aircraft Company Limited, and Defendants James

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 1 of 10
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Stipulation of Dismissal Without Prejudice: 3:05-CV-04182 MHP

Morris, Alan M. Reinke, GATX Third Aircraft Corporation, and GATX Financial Corporation

(collectively the "Parties," and each a "Party"), each by their undersigned counsel of record,

respectfully submit this Stipulation requesting an Order (i) dismissing the above-captioned action

without prejudice and without costs to any party; and (ii) vacating the July 10, 2006 Order (the

"Order") of this Court to the extent the Order dismissed the above-captioned action with prejudice.

WHEREAS, in April 2006, the Parties reached a tentative settlement in this matter

and agreed to take appropriate steps to dismiss the above-captioned action without prejudice and

without costs to any Party; and

WHEREAS, the Parties subsequently undertook to negotiate a series of documents

to memorialize the Parties' agreements and dismiss this action without prejudice; and

WHEREAS, on July 6, 2006, the Parties filed with the Court a Notice of Tentative

Settlement and [Proposed] Order Continuing All Deadlines, which apprised the Court that the

Parties had reached a tentative settlement and respectfully requested that the Court continue any

deadlines for a period of ninety (90) days to enable the parties to memorialize their settlement and

thereby dismiss this action without prejudice; and

WHEREAS, on July 10, 2006, the Court entered an Order (the "Order") which

provided: "The parties hereto, by their counsel, having advised the Court that they have agreed to a

settlement of this action, IT IS HEREBY ORDERED that this action is dismissed with prejudice

(emphasis added); provided, however, that if any party shall certify to this Court . . . that the agreed

consideration for the settlement has not been delivered over, this Order shall stand vacated, and the

action shall be restored to the calendar to be set for trial;" and

WHEREAS, notwithstanding the terms of the July 10, 2006 Order dismissing this

action with prejudice, the Parties have agreed in connection with their settlement to dismiss this

action without prejudice and without costs to any Party;

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 2 of 10
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Stipulation of Dismissal Without Prejudice: 3:05-CV-04182 MHP

NOW, THEREFORE, the Parties hereby stipulate and agree, by their undersigned

counsel of record on behalf of their respective clients, to the following:

1. Notwithstanding anything to the contrary in the July 10, 2006 Order, the

above-captioned action is hereby DISMISSED WITHOUT PREJUDICE and without costs to any

party pursuant to Fed. R. Civ. P. 41(a)(1)(ii).

2. The Parties respectfully request that the Court VACATE the July 10, 2006

Order to the extent it dismisses the above-captioned action with prejudice and in so doing is

inconsistent with the terms of this Stipulation.

3. That an Order in the form attached hereto as Exhibit A be entered based on

this Stipulation.

IT IS SO STIPULATED AND AGREED.

Dated: October 13, 2006 SKADDEN, ARPS, SLATE

MEAGHER & FLOM, LLP

By:/s/ Kurt Ramlo

Van C. Durrer, II (Cal. Bar. No. 226693)

Kurt Ramlo (Cal. Bar No. 166856)

300 South Grand Avenue

Suite 3400

Los Angeles, California 90071-3144

Telephone: 213.687.5000

Facsimile: 213.687.5600

Email: kramlo@skadden.com

Attorneys for the Joint Liquidators of Plaintiff

Flightlease Holdings (Guernsey) Limited

Of Counsel:

George A. Zimmerman

Lauren E. Aguiar

Four Times Square

New York, New York 10036

212.735.3000

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Edward J. Meehan

1440 New York Avenue, N.W.

Washington, D.C. 20005

202.371.7000

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 3 of 10
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Stipulation of Dismissal Without Prejudice: 3:05-CV-04182 MHP

Dated: October 13, 2006 HELLER EHRMAN LLP

By /s/ Michael Zwibelman

Michael J. Shepard (Cal. Bar No. 91281)

Michael A. Zwibelman (Cal. Bar No. 224783)

333 Bush Street

San Francisco, California 94104-2878

Telephone: 415.772.6000

Facsimile: 415.772.6268

Email: michael.shepard@hellerehrman.com

Email: michael.zwibelman@hellerehrman.com

Attorneys for Defendants GATX Third

Aircraft Corporation and GATX Financial

Corporation

*With Express Authorization

Of Counsel:

Moses Silverman

Eric Twiste

PAUL, WEISS, RIFKIND,

WHARTON& GARRISON LLP

1285 Avenue of the Americas

New York, New York 10019

212.373.3000

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 4 of 10
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Stipulation of Dismissal Without Prejudice: 3:05-CV-04182 MHP

Dated: October 13, 2006 O'MELVENY & MYERS LLP

By:/s/ Charles C. Read

Charles C. Read (Cal. Bar No. 67231)

Karl R. Thompson

1625 Eye Street, NW

Washington, D.C. 20006

Telephone: 202.383.5300

Facsimile: 202.383.5414

Email: cread@omm.com

Email: kthompson@omm.com

Attorneys for Defendants James Morris

and Alan M. Reinke and Nominal Defendant

GATX Flightlease Aircraft Company Ltd.

*With Express Authorization

* I, Kurt Ramlo, attest that Michael A. Zwibelman and Charles C. Read have read and approved

this Stipulation of Dismissal Without Prejudice and consent to its filing in this action

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 5 of 10
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Stipulation of Dismissal Without Prejudice: 3:05-CV-04182 MHP

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 6 of 10
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Order of Dismissal Without Prejudice: 3:05-CV-04182 MHP

SKADDEN, ARPS, SLATE,

MEAGHER & FLOM LLP

Van C. Durrer, II (Cal. Bar. No. 226693)

Kurt Ramlo (Cal. Bar No. 166856)

300 South Grand Avenue

Suite 3400

Los Angeles, California 90071-3144

Telephone: 213.687.5000

Facsimile: 213.687.5600

Email: kramlo@skadden.com

Attorneys for the Joint Liquidators of

Plaintiff Flightlease Holdings (Guernsey) Limited

IN THE UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- -

x

FLIGHTLEASE HOLDINGS (GUERNSEY)

LIMITED, by its Joint Liquidators

Stephen John Akers and Nick Stuart Wood,

derivatively and on behalf of Nominal

Defendant GATX Flightlease Aircraft

Company Limited,

Plaintiff,

- against -

JAMES MORRIS, ALAN M. REINKE,

GATX THIRD AIRCRAFT

CORPORATION and GATX FINANCIAL

CORPORATION,

Defendants,

- and -

GATX FLIGHTLEASE AIRCRAFT

COMPANY LIMITED,

Nominal Defendant.

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Case No. 3:05-CV-04182 MHP

ORDER OF DISMISSAL

WITHOUT PREJUDICE

The Honorable Marilyn H. Patel

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Based on the Stipulation between and among the parties previously filed with the

Court, and good cause therefor, it is ORDERED that:

1. The Stipulation is approved;

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 7 of 10
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Order of Dismissal Without Prejudice: 3:05-CV-04182 MHP

2. The above-captioned action is hereby DISMISSED WITHOUT

PREJUDICE in its entirety without costs or attorneys' fees to any party as against any other party;

and

3. The Order of the Court dated July 10, 2006 is VACATED to the extent it

dismisses the above-captioned action with prejudice.

___________________________

The Honorable Marilyn H. Patel

United States District Judge

U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge Marilyn H. Patel

10/24/2006

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 8 of 10
PROOF OF SERVICE BY MAIL

I am employed in the County of Los Angeles, State of California. I

am over the age of 18 and not a party to the within action; my business address is

300 South Grand Avenue, Suite 3400, Los Angeles, California 90071.

On October 13, 2006, I served the foregoing document described as:

Stipulation of Dismissal Without Prejudice

on interested parties in said action by placing a true copy thereof enclosed in a sealed

envelope addressed as follows:

Michael J. Shepard

Michael A. Zwibelman

Heller Ehrman LLP

333 Bush Street

San Francisco, California 94104-2878

Moses Silverman

Eric Twiste

Paul, Weiss, Rifkind, Wharton & Garrison LLP

1285 Avenue of the Americas

New York, New York 10019

Charles C. Read

Karl R. Thompson

O'Melveny & Myers LLP

1625 Eye Street, NW

Washington, D.C. 20006

 (BY MAIL) I am readily familiar with the firm's practice for the collection and

processing of correspondence for mailing with the United States Postal Service

and the fact that the correspondence would be deposited with the United States

Postal Service that same day in the ordinary course of business; on this date, the

above-referenced correspondence was placed for deposit at Los Angeles,

California and placed for collection and mailing following ordinary business

practices.

I declare under penalty of perjury under the laws of the State of

California that the above is true and correct.

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 9 of 10
425827.01-Los Angeles S1A 2

Executed on October 13, 2006 at Los Angeles, California.

/s/ Andy Shah

Andy Shah

Case 3:05-cv-04182-MHP Document 41 Filed 10/24/06 Page 10 of 10