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- ilnd;;1:13-cv-01089_de18 RegisterActionDate "2013-02-26" @default.
- ilnd;;1:13-cv-01089_de18 RegisterActionDescriptionText "MINUTE entry before Honorable Edmond E. Chang: Motion hearing held. For the reasons stated in open court, Appellant-Polite Enterprise's motion to modify the dates for submissions of briefs 14 is granted. The appellant shall serve and file the opening brief by 03/07/13. The appellee (debtor North American Safety Products) shall serve and file the response brief by 03/21/13. The appellant may serve and file a reply brief by 04/04/13. With regard to Appellants motion to stay distribution 12 , Appellee's response due 03/21/13. Appellant's reply due 03/28/13. Counsel for North American Safety Products agreed that the debtor shall not pay out on the plan until the next status hearing (the payments are not due to be paid until July 1, 2013 at the earliest). The status hearing of 05/01/13 is reset to 04/04/13 at 9:30 a.m. The Court strongly encourages the parties to discuss settlement. As the Court noted, the decision below appears to be intensely fact-bound and will likely be reviewed for clear error only, but that will require expensive record-combing and brief-writing by the attorneys. And Polite's best-case scenario on appeal is a vacatur and remand for yet more proceedings in the bankruptcy court. It seems that attorneys' fees and costs will soon exceed the monetary amount at stake, particularly taking delay into account. Counsel for both sides shall show this order to their respective clients. Mailed notice (slb, ) (Entered: 02/26/2013)" @default.
- ilnd;;1:13-cv-01089_de18 AdministrativeID "17" @default.
- ilnd;;1:13-cv-01089_de18 OntologyLabel minute_entry @default.
- ilnd;;1:13-cv-01089_de18 hasReferenceToOtherEntry ilnd;;1:13-cv-01089_de13 @default.
- ilnd;;1:13-cv-01089_de18 hasReferenceToOtherEntry ilnd;;1:13-cv-01089_de15 @default.