Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-1_06-cv-00608/USCOURTS-caed-1_06-cv-00608-4/pdf.json

Nature of Suit Code: 790
Nature of Suit: Other Labor Litigation
Cause of Action: 28:1332 Diversity-Breach of Fiduciary Duty

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DM1\1134120.1 R0972-00001 

PLAINTIFF'S REQUEST FOR ADDITIONAL TIME TO FILE SETTLEMENT DISPOSITIONAL DOCUMENTS 

AND [PROPOSED] ORDER 

CASE NO.: 1:06 CV-00608-OWW-SMS

ANDREW K. GORDON (SBN 99714) 

E-mail: agordon@duanemorris.com

ALLEGRA A. JONES (SBN 236518) 

E-mail: aajones@duanemorris.com

DUANE MORRIS LLP

One Market, Spear Tower, Suite 2000 

San Francisco, CA 94105-1104 

Telephone: 415.957.3000 

Facsimile: 415.957.3001 

DAVID L. SWIDER (Admitted Pro Hac Vice) 

E-mail: dswider@boselaw.com

SANDRA PERRY (Admitted Pro Hac Vice) 

E-mail: sperry@boselaw.com

BOSE MCKINNEY & EVANS, LLP 

2700 First Indiana Plaza 

135 North Pennsylvania Street 

Indianapolis, IN 46204 

Telephone: 317.684.5000 

Facsimile: 317.684.5173 

Attorneys for Plaintiff and Counter-Defendant 

Cornerstone Industries Corporation and CounterDefendant Dan Hess 

WILLIAM J. COOPER, JR. 

(Admitted Pro Hac Vice) 

E-mail: wcooper@ackersonlegal.com

ACKERSON & YANN, PLLC 

One Riverfront Plaza, Suite 1200 

401 West Main Street 

Louisville, KY 40202 

Telephone: 502.583.7400 

Facsimile: 502.589.4168 

IN THE UNITED STATES DISTRICT COURT 

FOR THE EASTERN DISTRICT OF CALIFORNIA 

CORNERSTONE INDUSTRIES CORP., 

Plaintiff, 

v. 

BYRON COOPER, IRONCLAD INDUSTRIES, 

INC. dba IRONCLAD INDUSTRIAL 

COATINGS, and DOES 1 through 20, Inclusive,

Defendants. 

Case No.: 1:06 CV-00608-OWW-SMS 

PLAINTIFF CORNERSTONE 

INDUSTRIES CORPORATION'S 

REQUEST FOR ADDITIONAL TIME 

TO FILE SETTLEMENT 

DISPOSITIONAL DOCUMENTS AND 

ORDER 

BYRON COOPER, IRONCLAD INDUSTRIES, 

INC. dba IRONCLAD INDUSTRIAL 

COATINGS, and DOES 1 through 20, Inclusive,

Counter-Claimants, 

v. 

CORNERSTONE INDUSTRIES CORP., 

Counter-Defendant. 

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Case 1:06-cv-00608-OWW -SMS Document 51 Filed 05/24/07 Page 1 of 3
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DM1\1134120.1 R0972-00001 2 

PLAINTIFF'S REQUEST FOR ADDITIONAL TIME TO FILE SETTLEMENT DISPOSITIONAL DOCUMENTS 

AND [PROPOSED] ORDER 

CASE NO.: 1:06 CV-00608-OWW-SMS

In April 2007 the parties reached a settlement in principle and thereafter plaintiffs notified 

the Court of this settlement. 

On May 1, 2007, this court filed an Order Re Dispositive Documents after Notice of 

Settlement (Document #47) which required the filing of such dispositive documents by May 21, 

2007. The parties understand that the dispositive documents required to be filed include a Notice of 

Settlement attaching the settlement agreement and also a stipulation and proposed order requesting 

dismissal with prejudice of the action. 

For reasons set forth below, Plaintiff Cornerstone Industries Corporation ("Cornerstone") 

respectfully requests an additional 30 days, to and including June 20, 2007, in which to file the 

Notice of Settlement and the settlement agreement and an extension until August 30, 2007 in which 

to file the stipulation and proposed order. 

Cornerstone requests additional time to file the Notice of Settlement because the settlement 

agreement has not yet been finalized or signed despite the due diligence of the parties. On April 24 

Cornerstone submitted the initial draft of the agreement to defendants. On May 2 they responded 

with objections to some of the provisions. On May 8 Cornerstone submitted a revised draft to the 

defendants and on May 16 defendants' counsel responded by letter, which was received by 

Cornerstone's counsel on May 21, that the revised settlement agreement and promissory note were 

satisfactory to him but he needed to submit the documents to his clients for their review and 

approval. Accordingly, defendants' counsel has not yet obtained the approval from his clients as to 

the revised agreement and to the promissory note, which is an integral part of the agreement. 

Cornerstone's counsel anticipates that these documents should be approved and signed within the 

next few weeks and therefore requests an additional 30 days, or until June 20, for these documents to 

be signed. 

The settlement agreement contemplates payment of the settlement money in August 2007 

and a dismissal of the complaint within 14 days thereafter. Accordingly, since the consideration for 

the settlement will not be paid until August, Cornerstone requests an additional amount of time, to 

and including August 30, 2007, in which to file a stipulation and proposed order for dismissal with 

prejudice. 

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Case 1:06-cv-00608-OWW -SMS Document 51 Filed 05/24/07 Page 2 of 3
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DM1\1134120.1 R0972-00001 3 

PLAINTIFF'S REQUEST FOR ADDITIONAL TIME TO FILE SETTLEMENT DISPOSITIONAL DOCUMENTS 

AND [PROPOSED] ORDER 

CASE NO.: 1:06 CV-00608-OWW-SMS

 Respectfully submitted, 

Dated: May 24, 2007 By: /s/ Andrew K. Gordon 

Andrew K. Gordon 

Duane Morris LLP 

Attorneys for Plaintiff and Counter-Defendant 

Cornerstone Industries Corporation and CounterDefendant Dan Hess 

ORDER 

For good cause contained in the Request for Additional Time to File Settlement Dispositional 

Documents, the Court orders as follows: 

1. The parties shall have an extension to and including June 20, 2007 in which to submit 

their Notice of Settlement and the settlement agreement. 

2. The parties shall have an extension to and including August 30, 2007 in which to 

submit a stipulation and proposed order for dismissal of this action with prejudice. 

IT IS SO ORDERED: 

DATED: 5/24/2007 

 /s/ Sandra M. Snyder 

 

 Sandra M. Snyder 

 United States Magistrate Judge 

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