The opinion of the court was delivered by: Oliver W. Wanger United States District Judge
STIPULATION AND ORDER RE: CONTINUANCE OF OSC RE: DISMISSAL OF ACTION Trial Date: Settled/Off-Calendar Place: Courtroom 3 Time: 9:00 a.m. Judge Oliver W. Wanger
It is hereby stipulated by and between ROSEDALE PLAZA GROUP, LLC, a California Limited Liability Company (hereinafter referred to as "ROSEDALE"), on the one hand, and BP WEST COAST PRODUCTS, LLC, a Delaware Limited Liability Company (hereinafter referred to as "BPWCP"), on the other hand, through their respective attorneys of record:
RECITALS and STIPULATIONS
A. Through the efforts of the Court and the parties, the above-entitled matter has resolved;
B. On November 16, 2009, the Court entered an order that the parties shall file a request for dismissal no later than December 7, 2009 or show cause why the Court should not dismiss the matter (Document No. 87).
C. Upon resolution of the matter, both parties have continuously worked to effectuate the resolution.
D. However, the resolution entails several financial transactions and obligations, all of which must be set forth in detailed writing. Additionally, the transactions and obligations will take several months to conclude (at a minimum).
E. In order to fully and completely ensure that this Court will not have to interact with these parties on this matter again, the writings are complex and involve multiple obligations and conditions precedent.
F. While the parties have already begun exchanging drafts and have been diligent to get the matter concluded, the drafts are not finalized and require more work. Additionally, the holidays are quickly approaching and obtaining final approval from the parties themselves will prove more difficult as the holidays approach. All Counsel agree, stipulate and respectfully request that, with the Court's permission, the Court continue the December 7, 2009 OSC Re: Dismissal for a minimum of forty-five (45) days to January 21, 2010 so that the parties can conclude their resolution.
Based upon the stipulation of the parties, and for good cause shown,
IT IS HEREBY ORDERED that:
a. The parties shall file a request for dismissal no later than January 21, 2010 or show cause why the Court ...