HTML Document View

Full title: Order Requiring Settlement Conference (acr) (Entered: 01/12/2021)

Document posted on Jan 11, 2021 in the bankruptcy, 3 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

3 4 _________________________________________________ 5 M. Elaine Hammond U.S. Bankruptcy Judge 6 7 UNITED STATES BANKRUPTCY COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9 )ORDER REQUIRING SETTLEMENT CONFERENCE 17 A discovery conference was held on January 11, 2021, regarding the objection of CIP 18 United Co. LTD (“CIP”) (Doc #1004) to the cure amounts set forth in Exhibit A to Debtors’ 19 notice of possible assumption and assignment and cure amounts (Doc # 951). A settlement conference conducted by a neutral third-party shall be held no later 24 than February 1, 2021; and 25 26 1 The Debtors in these chapter 11 cases are Wave Computing, Inc., MIPS Tech, Inc., 27 Hellosoft, Inc., Wave Computing (UK) Limited, Imagination Technologies, Inc., Caustic Graphics, Inc., and MIPS Tech, LLC.Unsecured Creditors, CIP, and Tallwood Technology Partners, LLC are required 3 to participate in the settlement conference; provided that, 4 3.

Page 1

1 The following constitutes the order of the Court. 2 Signed: January 12, 2021 3 4 _________________________________________________ 5 M. Elaine Hammond U.S. Bankruptcy Judge 6 7 UNITED STATES BANKRUPTCY COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9 ) Case No. 20-50682 MEH 10 In re ) ) Chapter 11 (Jointly Administered) 11 Wave Computing, Inc., et al., ) ) 12 Debtors1. ) ) 13 ) ) 14 ) ) 15 16 ORDER REQUIRING SETTLEMENT CONFERENCE 17 A discovery conference was held on January 11, 2021, regarding the objection of CIP 18 United Co. LTD (“CIP”) (Doc #1004) to the cure amounts set forth in Exhibit A to Debtors’ 19 notice of possible assumption and assignment and cure amounts (Doc # 951). During the 20 conference, the court determined that a mandated settlement conference is in the best interests 21 of the parties to this dispute and the creditors of Debtors’ estates. Good cause having been 22 shown, it is hereby ORDERED that: 23 1. A settlement conference conducted by a neutral third-party shall be held no later 24 than February 1, 2021; and 25 26 1 The Debtors in these chapter 11 cases are Wave Computing, Inc., MIPS Tech, Inc., 27 Hellosoft, Inc., Wave Computing (UK) Limited, Imagination Technologies, Inc., Caustic Graphics, Inc., and MIPS Tech, LLC. The Debtors’ mailing address is 3201 Scott Blvd, Santa 28 Clara, CA 95054.

Page 2

1 2. Counsel for and representatives of the Debtors, the Official Committee of 2 Unsecured Creditors, CIP, and Tallwood Technology Partners, LLC are required 3 to participate in the settlement conference; provided that, 4 3. If the parties reach a consensual resolution prior to February 1, 2021, the parties 5 are excused from participating in the settlement conference. 6 **END OF ORDER** 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

Page 3

1 COURT SERVICE LIST 2 All ECF Recipients 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28