Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-ared-4_09-cv-00395/USCOURTS-ared-4_09-cv-00395-3/pdf.json

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

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UNITED STATES DISTRICT COURT

FOR THE EASTERN DISTRICT OF ARKANSAS

WESTERN DIVISION

STEVEN HARBEN, Derivatively on Behalf PLAINTIFF 

of Nominal Defendant DILLARD’S INC.

v. CASE NO. 4:09cv00395 BSM

WILLIAM DILLARD II, JAMES I. 

FREEMAN, ALEX DILLARD, MIKE

DILLARD, DRUE MATHENY, JAMES

A. HASLAM III, PETER R. JOHNSON,

ROBERT C. CONNOR, R. BRAD 

MARTIN, FRANK R. MORI, WARREN

A. STEPHENS, and NICK WHITE DEFENDANTS

DILLARD’S INC. NOMINAL DEFENDANT

STIPULATION TO SET A BRIEFING SCHEDULE ON DEFENDANTS’

OPENING SUPPLEMENTAL BRIEF IN SUPPORT OF DEFENDANTS’

MOTION TO DISMISS THE COMPLAINT

WHEREAS, on May 27, 2009, plaintiff Steven Harben (“plaintiff”) filed his verified

shareholder derivative complaint (“complaint”) in the above-captioned action (“action”);

WHEREAS, on August 18, 2009, defendants filed their motion to stay these

proceedings in favor of parallel state court action or, in the alternative, dismiss the complaint

(“motion”);

WHEREAS, the motion seeks dismissal of the action on the bases of (i) plaintiff’s

failure to make a demand upon the Dillard’s Board of Directors (“Board”), and (ii) the

complaint’s failure to state a claim upon which relief may be granted;

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WHEREAS, on October 9, 2009, plaintiff filed his opposition to the motion;

WHEREAS, on November 2, 2009, defendants filed their reply brief to plaintiff’s

opposition to the motion;

WHEREAS, on February 19, 2010, defendants filed their opening supplemental brief

in support of defendants’ motion to dismiss (“supplemental brief”) addressing an order and

final judgment entered on February 18, 2010 by the Honorable Chris Piazza, Circuit Judge

in the Circuit Court of Pulaski County, Arkansas, dismissing a derivative complaint

substantially similar to plaintiff’s on the ground that pre-suit demand on the Board was not

excused;

WHEREAS, the supplemental brief seeks dismissal of the action on the additional

basis of issue preclusion, which was not raised in the motion because it did not arise until

February 18, 2010;

WHEREAS, while plaintiff believes that the supplemental brief is both procedurally

and substantively improper as it was submitted without leave of the court and raises issues

that had not previously been addressed in the motion and defendants believe that the

supplemental brief is proper since it addresses new facts that did not exist at the time the

motion was filed, in the interest of judicial efficiency, the parties have agreed to the

following schedule for briefing the question of issue preclusion raised in the supplemental

brief; and

WHEREAS, the agreed-upon briefing schedule is not for the purpose of delay and will not

prejudice any party.

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NOW, THEREFORE, the undersigned parties hereby STIPULATE AND AGREE,

subject to the court’s approval, as follows:

1. Plaintiff will file and serve a response to defendants’ supplemental brief on or

before April 2, 2010;

2. Defendants will file and serve a reply, if any, to plaintiff’s response on or

before April 23, 2010.

Dated: March 4, 2010

McMATH WOODS P.A.

By: /s/ James Bruce McMath 

James Bruce McMath (#75090)

711 West Third Street

Little Rock, AR 72201

Telephone: (501) 396-5400

Fax: 501-374-5118

FRIDAY, ELDREDGE & CLARK

By: /s/David D. Wilson 

James Simpson (# 77125)

David D. Wilson (# 90112)

400 West Capitol, Suite 2000

Little Rock, Arkansas 72201

Tel (501) 376-2011

Fax (501) 370-1546

BARROWAY TOPAZ KESSLER 

MELTZER CHECK, LLP

Eric L. Zagar

Robin Winchester

J. Daniel Albert

Ligaya T. Hernandez

280 King of Prussia Road

Radnor, PA 19087

Telephone: (610) 667-7706

Fax: (610) 667-7056

Attorneys for Plaintiff

SIMPSON THACHER & BARTLETT

LLP

Joseph McLaughlin

425 Lexington Avenue

New York, NY 10017-3954

Tel (215) 455-2000

Fax (215) 455-2502

Attorneys for Defendants William Dillard

II, James I. Freeman, Alex Dillard, Mike

Dillard, Drue Matheny, James A. Haslam

III, Peter R. Johnson, Robert C. Connor, R.

Brad Martin, Frank R. Mori, Warren A.

Stephens and Nick White, and Nominal

Defendant Dillard’s Inc.

***

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ORDER

PURSUANT TO THE STIPULATION, IT IS SO ORDERED THIS 22nd day of

March, 2010.

 ____________________________________

 UNITED STATES DISTRICT JUDGE 

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