Sawabeh Information Services Company et al v. Brody et al, No. 1:2011cv04164 - Document 44 (S.D.N.Y. 2011)
Court Description: OPINION AND ORDER: A conference is scheduled for Friday, 1/6/2012 at 4:30 p.m. The parties are instructed to bring a proposed scheduling order to the conference in accordance with the Court's individual rules. (Status Conference set for 1/6/2012 at 04:30 PM before Judge Shira A. Scheindlin.) (Signed by Judge Shira A. Scheindlin on 12/15/2011) (ft)
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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ._-------------------------------------------------- )( SAWABEH INFORMATION SERVICES CO. and EDCOMM, INC., OPINION AND ORDER Plaintiffs, 11 Civ. 4164 (SAS) - againstCLIFFORD BRODY, LINDA EAGLE and DAVID SHAPP, Defendants . _-------------------------------------------------- . )( SHIRA A. SCHEINDLIN, U.S.D.J.: I. INTRODUCTION Sawabeh Information Services Company ("Siscom") and its wholly owned subsidiary Edcomm, Inc. ("Edcomm") (collectively "plaintiffs") bring this action against former Edcomm officers and shareholders, Clifford Brody, Linda Eagle and David Shapp ("defendants") arising out of the October 11, 2011 sale of all of the outstanding shares of Edcomm from defendants to Siscom (the "transaction") pursuant to the parties' stock purchase Term Sheet (the "Term SheeC). Five months after the transaction, defendants identified time - for the first two documents imposing significant potential liabilities on Edcomm: (1) a 1 [Docket No. 35]. A conference is scheduled for Friday, January 6 at 4:30 p.m The parties are instructed to bring a proposed scheduling order to the conference in accordance with the Court's individual rules. Dated: New York, New York December 15, 2011 59
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