Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-casd-3_07-cv-00171/USCOURTS-casd-3_07-cv-00171-0/pdf.json

Nature of Suit Code: 380
Nature of Suit: Other Personal Property Damage
Cause of Action: 28:1332 Diversity-Breach of Fiduciary Duty

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07cv0171

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF CALIFORNIA

JURGEN DOMINIK, an individual,

Plaintiff,

v.

LEHMAN BROTHERS MERCHANT

BANKING PARTNERS, II, L.P., a

Delaware corporation,

Defendants. 

 

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Case No. 07-CV-0171-IEG (JMA)

ORDER VACATING DATES AND

STAYING PROCEEDINGS AS TO

DEFENDANT LEHMAN BROTHERS

MERCHANT BANKING PARTNERS II,

L.P.

The Court convened a telephonic Case Management Conference

on October 6, 2008 at 2:00 p.m.

Counsel for Defendants previously notified the Court that

Defendant Lehman Brothers Holdings, Inc. filed a voluntary

petition seeking bankruptcy protection on September 15, 2008. 

See Doc. 51. Counsel for Defendants has now also informed the

Court that an Order Commencing Liquidation regarding Defendant

Lehman Brothers Inc. was issued by the United States District

Court, Southern District of New York on September 19, 2008. An

automatic stay of proceedings pursuant to Section 362 of the

Bankruptcy Code is thus in place as to both defendants. 

Case 3:07-cv-00171-IEG-JMA Document 54 Filed 10/06/08 Page 1 of 2
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2 07cv0171

The future status of the remaining defendant in this case,

Lehman Brothers Merchant Banking Partners II, L.P., is presently

unknown. Counsel for Defendants requested a 90-day stay on

behalf of this defendant in order develop further information in

this regard. Counsel for Plaintiff agreed that a stay of limited

duration makes sense under the circumstances.

Accordingly, and after conferring with the chambers of the

Honorable Irma E. Gonzalez, IT IS HEREBY ORDERED:

1. All remaining dates in this case are vacated;

2. Counsel for Defendants shall file a copy of the Order

Commencing Liquidation regarding Defendant Lehman Brothers Inc.

on the Court’s docket; 

3. The action is stayed as to Defendant Lehman Brothers

Merchant Banking Partners II, L.P. for ninety (90) days from the

date of this Order; and 

4. The Court shall convene a telephonic Case Management

Conference on January 5, 2009 at 9:30 a.m. Counsel for Plaintiff

and for Defendant Lehman Brothers Merchant Banking Partners II,

L.P. shall participate in the conference. The Court will

initiate the conference call.

IT IS SO ORDERED.

DATED: October 6, 2008

Jan M. Adler

U.S. Magistrate Judge

Case 3:07-cv-00171-IEG-JMA Document 54 Filed 10/06/08 Page 2 of 2