Document ID: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_05-cv-04182/USCOURTS-cand-3_05-cv-04182-3/pdf.json

Parties Involved:
Flightlease Holdings (Guernsey) Limited
Plaintiff
GATX Financial Corporation
Defendant
GATX Flightlease Aircraft Company Limited
Defendant
GATX Third Aircraft Corporation
Defendant
James Morris
Defendant
Alan M. Reinke
Defendant

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Stipulation Requesting Order Extending Time: 3:05-CV-04182 MHP

SKADDEN, ARPS, SLATE,

MEAGHER & FLOM LLP

Kurt Ramlo (Cal. Bar No. 166856)

Four Embarcadero Center

Suite 3800

San Francisco, California 94111-5974

Telephone: 415.984.6400

Facsimile: 415.984.2698

Email: kramlo@skadden.com

Attorneys for the Joint Liquidators of

Plaintiff Flightlease Holdings (Guernsey) Limited

Names and addresses of additional counsel appear on the signature pages

IN THE UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

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FLIGHTLEASE HOLDINGS (GUERNSEY)

LIMITED, by its Joint Liquidators

Stephen John Akers and Nick Stuart Wood,

derivatively and on behalf of Nominal

Defendant GATX Flightlease Aircraft

Company Limited,

Plaintiff,

- against -

JAMES MORRIS, ALAN M. REINKE,

GATX THIRD AIRCRAFT

CORPORATION and GATX FINANCIAL

CORPORATION,

Defendants,

- and -

GATX FLIGHTLEASE AIRCRAFT

COMPANY LIMITED,

Nominal Defendant.

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Case No. 3:05-CV-04182 MHP

STIPULATION REQUESTING

ORDER EXTENDING TIME

The Honorable Marilyn H. Patel

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Pursuant to Civil Local Rules 6-1(b) and 6-2, Plaintiff Flightlease Holdings

(Guernsey) Limited, by its Joint Liquidators Stephen John Akers and Nick Stuart Wood,

derivatively on behalf of Nominal Defendant GATX Flightlease Aircraft Company Limited, and

Defendants James Morris, Alan M. Reinke, GATX Third Aircraft Corporation, and GATX

Case 3:05-cv-04182-MHP Document 33 Filed 05/19/06 Page 1 of 6
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Stipulation Requesting Order Extending Time: 3:05-CV-04182 MHP

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Financial Corporation (collectively, "Defendants"), respectfully submit this Stipulation requesting

an Order extending the time for Plaintiff to respond to Defendants' joint motion to dismiss

Plaintiff's Shareholder Derivative Complaint (the "Complaint").

WHEREAS, on or about November 22, 2005, the parties entered into a stipulation

that extended the time for Defendants to answer or otherwise respond to the Complaint and

established a schedule for the briefing of any motion to dismiss the Complaint;

WHEREAS, on or about January 16, 2006, Defendants jointly moved to dismiss the

Complaint;

WHEREAS, pursuant to the November 22, 2005 stipulation, Plaintiff's papers in

opposition to Defendants' motion to dismiss the Complaint were to be filed on or before March 2,

2006;

WHEREAS, pursuant to a second stipulation, So Ordered by the Court on March

28, 2006, the time for Plaintiff to file papers in opposition to Defendants' motion to dismiss the

Complaint was extended to April 17, 2006;

WHEREAS, pursuant to a third stipulation, So Ordered by the Court on April 26,

2006, the time for Plaintiff to file papers in opposition to Defendants' motion to dismiss the

Complaint was extended to May 8, 2006;

WHEREAS, pursuant to a fourth stipulation, So Ordered by the Court on May 9,

2006, the time for Plaintiff to file papers in opposition to Defendants' motion to dismiss the

Complaint was extended to May 15, 2006;

WHEREAS, the parties have agreed to extend the time for Plaintiff to file papers in

opposition to Defendants' motion to dismiss the Complaint so that the parties can continue to

confer in an effort to resolve this dispute and, if the parties cannot agree upon such a resolution,

Plaintiff can evaluate Defendants' motion to dismiss the Complaint and respond to the motion;

Case 3:05-cv-04182-MHP Document 33 Filed 05/19/06 Page 2 of 6
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Stipulation Requesting Order Extending Time: 3:05-CV-04182 MHP

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WHEREAS, the only previous extensions in this action were the extension of

Defendants' time to answer or otherwise respond to the Complaint, and the extension of Plaintiff's

time to file papers in opposition to Defendants' motion to dismiss the Complaint, agreed to

pursuant to the prior stipulations; and

WHEREAS, the requested extension will not have any other effect on the schedule

in this action because the Court has vacated all other deadlines pending resolution of Defendants'

motion to dismiss;

NOW, THEREFORE, the parties hereby stipulate and agree to the following:

1. Plaintiff's opposition to Defendants' motion to dismiss the complaint shall be

filed on or before June 5, 2006;

2. Defendants' reply papers shall be filed on or before July 7, 2006; and

3. As So Ordered by the Court on April 26, 2006, Defendants' motion to

dismiss shall be presented to the Court for oral argument on July 17, 2006, at 2:00 p.m., or as soon

thereafter as the matter may be heard by the Court.

IT IS SO STIPULATED AND AGREED.

Case 3:05-cv-04182-MHP Document 33 Filed 05/19/06 Page 3 of 6
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Stipulation Requesting Order Extending Time: 3:05-CV-04182 MHP

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Dated: May 18, 2006 SKADDEN, ARPS, SLATE

MEAGHER & FLOM, LLP

By:/s/ Kurt Ramlo

Kurt Ramlo (Cal. Bar No. 166856)

Four Embarcadero Center

Suite 3800

San Francisco, California 94111-5974

Telephone: 415.984.6400

Facsimile: 415.984.2698

Email: kramlo@skadden.com

Attorneys for the Joint Liquidators of Plaintiff

Flightlease Holdings (Guernsey) Limited

Of Counsel:

George A. Zimmerman

Lauren E. Aguiar

Shawn P. Naunton

Four Times Square

New York, New York 10036

212.735.3000

- and –

Edward J. Meehan

1440 New York Avenue, N.W.

Washington, D.C. 20005

202.371.7000

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Stipulation Requesting Order Extending Time: 3:05-CV-04182 MHP

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Dated: May 18, 2006 HELLER EHRMAN LLP

By /s/ Michael Zwibelman

Michael J. Shepard (Cal. Bar No. 91281)

Michael A. Zwibelman (Cal. Bar No. 224783)

333 Bush Street

San Francisco, California 94104-2878

Telephone: 415.772.6000

Facsimile: 415.772.6268

Email: michael.shepard@hellerehrman.com

Email: michael.zwibelman@hellerehrman.com

Attorneys for Defendants GATX Third

Aircraft Corporation and GATX Financial

Corporation

*With Express Authorization

Of Counsel:

Moses Silverman

Eric Twiste

PAUL, WEISS, RIFKIND,

WHARTON & GARRISON LLP

1285 Avenue of the Americas

New York, New York 10019

212.373.3000

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Stipulation Requesting Order Extending Time: 3:05-CV-04182 MHP

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Dated: May 18, 2006 O'MELVENY & MYERS LLP

By:/s/ Charles C. Read

Charles C. Read (Cal. Bar No. 67231)

Karl R. Thompson

1625 Eye Street, NW

Washington, D.C. 20006

Telephone: 202.383.5300

Facsimile: 202.383.5414

Email: cread@omm.com

Email: kthompson@omm.com

Attorneys for Defendants James Morris

and Alan M. Reinke and Nominal Defendant

GATX Flightlease Aircraft Company Ltd.

*With Express Authorization

* I, Kurt Ramlo, attest that Michael A. Zwibelman and Charles C. Read have read and approved

the Stipulation Requesting Order Extending Time and consent to its filing in this action.

PURSUANT TO STIPULATION, IT IS SO ORDERED,

this ___ day of _____ , 2006.

___________________________

The Honorable Marilyn H. Patel

United States District Judge

U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge Marilyn H. Patel

19th May

Case 3:05-cv-04182-MHP Document 33 Filed 05/19/06 Page 6 of 6