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SEA PRESTIGIO, LLC v. M/Y TRITON

No. 10cv2412-BTM (AJB).

787 F.Supp.2d 1116 (2011)

SEA PRESTIGIO, LLC, a Delaware limited liability company, Plaintiff, v. M/Y TRITON, et al., Defendants.

United States District Court, S.D. California.

April 11, 2011.

Attorney(s) appearing for the Case

G. Jill Basinger , James T. Grant , Patricia L. Glaser , Glaser Weil Fink Jacobs Howard Avchen & Shapiro, LLP, Los Angeles, CA, William Edward Dysart , Alexander T. Gruft , Wright & L'E strange, San Diego, CA, for Plaintiff.

Mark J. Dillon , Gatzke Dillon and Ballance, Carlsbad, CA, John Peter Olson , Russell Patrick Brown , Gordon and Rees, Philip E. Weiss , Brodsky Micklow Bull & Weiss LLP, San Diego, CA, for Defendants.

ORDER RE APPLICATION TO STAY ACTION

BARRY TED MOSKOWITZ, District Judge.

Defendants move to stay the instant action. For the following reasons, Defendants' application is GRANTED.

I. BACKGROUND

On June 30, 2010, the parties executed a loan agreement whereby Plaintiff Sea Prestigio, LLC, would loan Defendants $21 million in two disbursements. Defendants executed a promissory note in the principal sum...

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