Walsh Securities, Inc. v. Cristo Property Management, Ltd.
District Court, D. New Jersey
1Opinion of the Court
OPINION
BASSLER, District Judge.
This matter comes before the Court upon the motion of several Defendants to stay the proceedings in this matter pending the outcome of related criminal investigations. Jurisdiction in this Court is pursuant to 28 U.S.C. § 1331 and 18 U.S.C. § 1964(c). For the reasons set forth below, Defendants’ motion is granted and all interrogatories and depositions in this matter are stayed until November 1, 1998.
I. BACKGROUND
This lawsuit arises out of a series of allegedly fraudulent real estate transactions. According to Plaintiff Walsh Securities, Inc. (“Walsh”), each…
2Cases cited8 opinions
- Baxter v. PalmigianoSupreme Court of the United States · 1976
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- Volmar Distributors, Inc. v. New York Post Co., Inc.District Court, S.D. New York · 1993
- Brock v. TolkowDistrict Court, E.D. New York · 1985
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