Free Order - District Court of Delaware - Delaware


File Size: 34.3 kB
Pages: 2
Date: June 2, 2005
File Format: PDF
State: Delaware
Category: District Court of Delaware
Author: unknown
Word Count: 350 Words, 2,059 Characters
Page Size: Letter (8 1/2" x 11")
URL

https://www.findforms.com/pdf_files/ded/8696/10.pdf

Download Order - District Court of Delaware ( 34.3 kB)


Preview Order - District Court of Delaware
Case 1:04-cv—O1344—SLR Document 10 Filed 06/O3/2005 Page 1 of 2
IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF DELAWARE
JOHN P. RAYNOR, g
Plaintiff, )
) Civil Action No. 04-1344-SLR
V. )
ASSOCIATED ELECTRIC & GAS SERVICES g
LIMITED, )
Defendant. g
)
ORDER
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 final approval by the Delaware Court of Chancery of the settlement ofa related
class action pending in that court, In re Emerging Communications, Inc. Shareholders Litig.,
C.A. No. l64l5 (the "Emerging Action"); and
WHEREAS, the parties have further advised the Count 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 Court of Chancery has not yet finally approved the settlement of the
Emerging Action;
NOW, THEREFORE, IT IS HEREBY ORDERED, this _dJ._;_ day of in , , ,
2005, that:
l. Paragraphs l and 2 of the Court’s March 14, 2005 Order shall remain in effect
and are expressly incorporated herein;

Case 1:04-cv—O1344—SLR Document 10 Filed 06/O3/2005 Page 2 of 2
2. The parties shall submit jointly t0 the Court a written status report concerning the
Emerging Action no later than August 3 l, 2005, and shall submit a written status report to the
Court promptly in the event that the proposed settlement of the 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
filing of written notice to the Court that the settlement of the Emerging Action has been rejected
by the Court of Chancery or otherwise has become ineffective.
Chief Judge Q
- 2 -