Free Letter - District Court of Delaware - Delaware

Case 1 :04-cv-01344-SLR Document 9-3 Filed 05/27/2005 Page 1 of 2
IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF DELAWARE
JOHN P. RAYNOR, g
Plaintiff, )
) Civil Action No. 04—·l3¢l4~SLR
v. g
ASSOCIATED ELECTRIC & GAS SERVICES )
LIMITED, )
Defendant. g
)
.(lR.@E».B.
WHEREAS, plaintiff John P. Rayner and defendant Associated Electric & Gas Services
Limited ("AEGIS”) have advised the Court that they have agreed to settle the above—captioned
action subject to tinai approvat by the Delaware Court of Chancery ofthe settlement of a related
class action pending in that court, In re Emerging Communications, Inc. Shareholders Litig.,
C.A. No. 16415 (the “Einerging Action"); and
WHEREAS, the parties have further advised the Court that on May 20, 2005, counsel for
the class plaintiffs in the Emerging Action requested that the Court of Chancery set a date for a
hearing to consider the fairness of the settlement of the Emerging Action; and
WHEREAS, the Couit of Chancery has not yet iinally approved the settlement of the
Emerging Action;
NOW, THEREFORE, IT IS HEREBY ORDERED, this ;___ day of ,
2005, that:
l. Paragraphs i and 2 ofthe Court’s March I4, 2005 Order shall remain in effect
and are expressly incorporated herein;

Case 1:04-cv-01344-SLR Document 9-3 Filed 05/27/2005 Page 2 of 2
2. The patties shall submit jointly to the Court a written status report concerning the
Emerging Action no later than August 31, 2005, and shall submit a written status report to the
Court promptly in the event that the proposed settlement ofthe Emerging Action is rejected by
the Court of Chancery or otherwise becomes ineffective prior to that date; and
3. The date on or before which defendant AEGIS must answer or otherwise move in
response to the complaint in this action is hereby further extended until the date 30 days after
tiling of written notice to the Court that the settlement ofthe Emerging Action has been rejected
by the Court of Chancery or otherwise has become ineffective.
Chief Judge y
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