Free Letter - District Court of Delaware - Delaware

Case 1:04-cv-01344-SLR

Document 7-2

Filed 03/11/2005

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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE JOHN P. RAYNOR, Plaintiff, v. ASSOCIATED ELECTRIC & GAS SERVICES LIMITED, Defendant. ) ) ) ) ) ) ) ) ) ) )

Civil Action No. 04-1344-SLR

ORDER WHEREAS, plaintiff John P. Raynor and defendant Associated Electric & Gas Services Limited ("AEGIS") have advised the Court that they have agreed to settle the above-captioned action subject to final approval by the Delaware Court of Chancery of the settlement of a related class action pending in that court, In re Emerging Communications, Inc. Shareholders Litig., C.A. No. 16415 (the "Emerging Action"); and WHEREAS, the Court of Chancery has not yet finally approved the settlement of the Emerging Action; NOW, THEREFORE, IT IS HEREBY ORDERED, this _______ day of March, 2005, that: 1. The telephonic scheduling conference with the Court previously scheduled for

8:30 a.m. on March 22, 2005 is hereby continued until a future date to be set by the Court; 2. The parties' obligations to exchange information and to submit a discovery plan

to the Court pursuant to the Court's January 26, 2005 Order are hereby stayed until such time as the Court reschedules the telephonic scheduling conference;

Case 1:04-cv-01344-SLR

Document 7-2

Filed 03/11/2005

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3.

The date on or before which defendant AEGIS must answer or otherwise move in

response to the complaint in this action is hereby extended until June 17, 2005; and 4. The parties shall submit jointly to the Court a written status report concerning the

Emerging Action no later than May 31, 2005, and shall submit a written status report to the Court promptly in the event that the proposed settlement of the Emerging Action is finally approved or rejected by the Court of Chancery or otherwise becomes ineffective prior to that date.

Chief Judge

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