Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_07-cv-03180/USCOURTS-cand-3_07-cv-03180-3/pdf.json

Nature of Suit Code: 423
Nature of Suit: Bankruptcy Withdrawal 28 USC 157
Cause of Action: 11:101 Bankruptcy

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United States District Court

For the Northern District of California

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IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

FLETCHER HARTWELL HYLER, SHERYL

ROOT HYLER

Plaintiffs,

 v.

INVESTMENT GRADE LOANS, INC., et al., 

Defendants. /

No. C 07-03180 WHA

ORDER GRANTING

TEMPORARY RESTRAINING

ORDER

For all of the reasons stated on the record at the hearing, plaintiffs’ application for a

temporary restraining order is GRANTED. Defendants and each of them are enjoined and

restrained during the pendency of this action from engaging in, committing or performing,

directly or indirectly, selling or attempting to sell or causing to be sold the real property at 5070

Alpine Road, Portola Valley, California, either under a power of sale contained in a deed of

trust or by a judicial foreclosure action. This order is subject to the following two conditions.

First, plaintiffs must post a bond in the amount of $835,000 no later than AUGUST 15,

2007, AT NOON (which amount plaintiffs concede is due no matter what and which will be

posted by such date). Alternatively, said amount of cash may be paid by defendants no later

than AUGUST 15, 2007, AT NOON. 

Second, plaintiffs’ counsel must file a motion for summary judgment to be heard on

OCTOBER 11, 2007, AT 8:00 A.M., with a cross-motion to be filed by defendants, all on the

Case 3:07-cv-03180-WHA Document 13 Filed 08/01/07 Page 1 of 2
United States District Court

For the Northern District of California

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schedule discussed at the hearing. Plaintiffs’ counsel has represented that this case will be

resolved on cross-motions for summary judgment without discovery. 

If either of these two conditions are not met, defendants are free to sell the property

under the power of sale without further order of the Court. 

IT IS SO ORDERED.

Dated: August 2, 2007. WILLIAM ALSUP

UNITED STATES DISTRICT JUDGE

Case 3:07-cv-03180-WHA Document 13 Filed 08/01/07 Page 2 of 2