STM Invest S.a.r.l. et al v. 3P Equity Partners, LLC et al

Justia Dockets & Filings Ninth Circuit California Central District STM Invest S.a.r.l. et al v. 3P Equity Partners, LLC et al

STM Invest S.a.r.l. et al v. 3P Equity Partners, LLC et al

Case Number:	2:2019cv01764
Filed:	June 14, 2019
Court:	US District Court for the Central District of California
Office:	Western Division - Los Angeles Office
Nature of Suit:	Securities/Commodities
Cause of Action:	15 U.S.C. § 15 Antitrust Litigation

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Date Filed	Document Text
June 14, 2019	Filing 167 PRELIMINARY INJUNCTION by Judge Consuelo B. Marshall. IT IS HEREBY ORDERED that the Enjoined Parties are restrained and enjoined pending trial of this action or a decision on the merits concluding this action, from spending, using, dispensing, distr ibuting, disbursing, or dissipating any of the cash belonging in or owing to the accounts of AM Ventures LLC and AM Ventures II LLC, including, but not limited to, Citibank Account Nos. XXXXX0569, XXXXX3831, and XXXXX9282; IT IS FURTHER ORDERED THAT pending trial of this action the $8.1 million transferred from AM Ventures LLC and AM Ventures II LLC to the law firms Quinn Emanuel Urquhart & Sullivan, LLP; Sutton, Pakfar & Courtney LLP; and Blackstone Law shall not be spent, used, dispensed, distributed, disbursed, dissipated or drawn from in any way by Defendants or their counsel or agents, and shall instead be placed in an escrow account bearing interest. The parties shall meet and confer on the escrow agent and the terms of escrow. I T IS FURTHER ORDERED THAT this Preliminary Injunction shall be effective immediately, given Plaintiffs have already posted a bond in the amount of $17.9 million, and said bond shall continue throughout the pendency of this preliminary injunction. (shb)

Date Filed

Document Text

June 14, 2019

Filing 167 PRELIMINARY INJUNCTION by Judge Consuelo B. Marshall. IT IS HEREBY ORDERED that the Enjoined Parties are restrained and enjoined pending trial of this action or a decision on the merits concluding this action, from spending, using, dispensing, distr ibuting, disbursing, or dissipating any of the cash belonging in or owing to the accounts of AM Ventures LLC and AM Ventures II LLC, including, but not limited to, Citibank Account Nos. XXXXX0569, XXXXX3831, and XXXXX9282; IT IS FURTHER ORDERED THAT pending trial of this action the $8.1 million transferred from AM Ventures LLC and AM Ventures II LLC to the law firms Quinn Emanuel Urquhart & Sullivan, LLP; Sutton, Pakfar & Courtney LLP; and Blackstone Law shall not be spent, used, dispensed, distributed, disbursed, dissipated or drawn from in any way by Defendants or their counsel or agents, and shall instead be placed in an escrow account bearing interest. The parties shall meet and confer on the escrow agent and the terms of escrow. I T IS FURTHER ORDERED THAT this Preliminary Injunction shall be effective immediately, given Plaintiffs have already posted a bond in the amount of $17.9 million, and said bond shall continue throughout the pendency of this preliminary injunction. (shb)

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