Document ID: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_15-cv-01280/USCOURTS-caed-2_15-cv-01280-5/pdf.json

Parties Involved:
AGK Sierra de Montserrat, L.P.
Plaintiff
Comerica Bank
Defendant

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1048272.1/22418.05004 1 2:15-cv-01280-KJM-DAD

STIPULATION AND ORDER TO EXTEND STAY OF ACTION 

Timothy J. Gorry, Esq. (State Bar No. 143797) 

Edward E. Johnson, Esq. (State Bar No. 241065) 

THEODORA ORINGHER PC 

1840 Century Park East, Suite 500 

Los Angeles, California 90067-2120 

Telephone: (310) 557-2009 

Facsimile: (310) 551-0283 

Attorneys for Plaintiff 

AGK Sierra de Montserrat, L.P. 

UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF CALIFORNIA - SACRAMENTO DIVISION 

AGK SIERRA de MONTSERRAT, 

L.P., a Delaware limited partnership, 

Plaintiff, 

vs. 

COMERICA BANK, a Texas 

corporation; and DOES 1 through 10, 

inclusive, 

Defendants. 

Case No. 2:15-cv-01280-KJM-DAD

Honorable Kimberly J. Mueller 

STIPULATION AND ORDER TO 

EXTEND STAY OF ACTION 

Complaint Filed: April 29, 2015 

Trial Date: July 17, 2017 

Plaintiff AGK Sierra de Montserrat, L.P. (“AGK”) and Defendant Comerica 

Bank (“Comerica”) hereby stipulate and agree as follows:

WHEREAS, AGK alleges in this indemnity action that Comerica is obligated 

to indemnify it for any liability and expenses incurred in certain litigation matters, 

including a case pending in the California Superior Court, County of Placer, titled 

Westwood Montserrat, Ltd. v. AGK Sierra de Montserrat, Ltd., et al., Case No. 

SCV0032447 (the “Westwood Action”); 

WHEREAS, trial in the Westwood Action is currently set for June 26, 2017, 

having been continued from February 27, 2017; 

Case 2:15-cv-01280-DAD-SCR Document 30 Filed 05/09/17 Page 1 of 3
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1048272.1/22418.05004 2 2:15-cv-01280-KJM-DAD

STIPULATION AND ORDER TO EXTEND STAY OF ACTION 

WHEREAS, because Comerica’s potential liability in this action might 

depend on the outcome of the Westwood Action, the parties are unable to complete 

discovery or meaningfully consider settlement until the Westwood Action is 

resolved; 

WHEREAS, among other things, according to a motion for summary 

adjudication recently filed by the plaintiff in the Westwood Action, the plaintiff is 

seeking at least $3.6 million in damages or restitution, so a judgment in AGK’s 

favor in the Westwood Action would potentially reduce AGK’s alleged damages 

and Comerica’s alleged liability in this action by at least $3.6 million, increasing the 

likelihood of any settlement; 

WHEREAS, on November 5, 2015, the Court entered a scheduling order 

setting the final pretrial conference for May 19, 2017, trial for July 17, 2017, and 

other case deadlines [ECF Docket No. 11]; 

WHEREAS, on October 13, 2016, the Court entered a stay of this action 

through May 5, 2017 and vacated all other dates [ECF Docket No. 27]; 

WHEREAS, the parties agree that extending the stay by approximately five 

months, until roughly three months after the anticipated completion of the trial in the 

Westwood Action, is warranted to conserve judicial resources and the resources of 

the parties, to permit time for resolution of the Westwood Action, and provide the 

parties with the opportunity to meaningfully consider settlement in light of the 

outcome of the Westwood Action; 

WHEREAS, this Stipulation and Order is without prejudice to the right of 

either party to request at any time that the Court lift the stay prior to October 2, 

2017, or extend the stay past October 2, 2017. 

 NOW, THEREFORE, IT IS HEREBY STIPULATED that: 

(1) this action should remain stayed in its entirety through October 2, 2017; 

and 

Case 2:15-cv-01280-DAD-SCR Document 30 Filed 05/09/17 Page 2 of 3
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1048272.1/22418.05004 3 2:15-cv-01280-KJM-DAD

STIPULATION AND ORDER TO EXTEND STAY OF ACTION 

(2) a scheduling conference should be set for November 9, 2017 to reset 

the trial date and other case deadlines. 

 IT IS SO STIPULATED. 

DATED: May 3, 2017 THEODORA ORINGHER PC

 By: /s/ Edward E. Johnson 

 Timothy J. Gorry

 Edward E. Johnson 

 Attorneys for Plaintiff 

 AGK Sierra de Montserrat, L.P. 

DATED: May 3, 2017 LEWIS BRISBOIS BISGAARD & SMITH LLP

 By: /s/ Frank R. Perrott (as authorized on 5/2/2017) 

 Frank R. Perrott 

 Attorneys for Defendant Comerica Bank 

IT IS SO ORDERED that: 

1) this action shall remain stayed in its entirety through October 2, 2017; 

2) the status conference set for May 11, 2017 at 2:30 p.m. is vacated; and 

3) a scheduling conference is set for November 9, 2017 at 2:30 p.m. to 

reset the trial date and other case deadlines. The parties shall confer and file a joint 

conference statement by November 2, 2017. 

DATED: May 9, 2017 

Case 2:15-cv-01280-DAD-SCR Document 30 Filed 05/09/17 Page 3 of 3