Shanker

East West Bank v. Shanker

Good Law
United States District Court, Northern District of CaliforniaAugust 31, 20213:20-cv-07364California558 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 EAST WEST BANK, Case No. 20-cv-07364-WHO

Plaintiff,

ORDER GRANTING MOTION FOR

v. TEMPORARY STAY PENDING

RESOLUTION OF ARBITRABILITY

SUKEERT SHANKER, et al., OF CLAIMS Defendants. Re: Dkt. No. 120, 121

12 Defendants Sukeert Shanker and Aeldra Financial, Inc. (collectively, “Defendants”) have filed a motion for a temporary stay of the case pending the resolution of the arbitrability of the claims. Dkt. No. 121. Plaintiff East West Bank (“EWB”) does not oppose. Dkt. No. 138. Defendants’ motion is therefore GRANTED. This action is stayed until I rule on Defendants’ motions to compel arbitration, Dkt. Nos. 114-4, 116-4, except that Defendants shall continue to comply with the preliminary injunction order, Dkt. No. 101, and the order compelling discovery, Dkt. No. 106. The parties shall also continue to engage in ongoing mediation proceedings. Within 14 days following the ruling on Defendants’ motions to…

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