steadivestmotiontostay10-9-09

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    IN THE UNITED STATES DISTRICT COURTFOR THE SOUTHERN DISTRICT OF MISSISSIPPI

    JACKSON DIVISIONRICK LACEY, MIKE YARBRO, SUE YARBRO,MYSY RENTAL, INC., A.J. WARREN, III,RAY MONTGOMERY, JR., DANNY GRAY,MASON GRAY, GRANT GRAY, ROSALYN GRAY,ANITA GREEN, LEE BREELAND, ALEX BREELAND PLAINTIFFSVS. CIVIL ACTION NO.: 3:09cv590 HTW-JCSMARSHALL WOLFE, JACK HARRINGTON,JUSTIN ADCOCK, PATRICK MCCRANEY, JOELTRAVELSTEAD, INVESTLINC/TFS INCOME FUND, LLCINVESTLINC GROUP, LLC AND JOHN DOES I-X DEFENDANTS

    MOTION TO STAY PENDING THIS COURT'S RULING ONTHE PLAINTIFFS' MOTION TO REMAND

    The Plaintiffs would show:1.

    On July 10, 2009 the Plaintiffs filed this action in the Circuit Court of Rankin County,Mississippi, alleging only state claims against the Defendants. On August 26, 2009 thePlaintiffs filed their amended complaint.

    2.

    On September 30,2009, Defendant McCraney removed this claim assertingjurisdiction based on the Federal Arbitration Act and that the state claims were a core

    proceeding or related proceeding to the bankruptcy case of, In Re SteadiVest, LLC 0901013-NOP.

    3.Within the thirty (30) days allowed by law, the Plaintiffs will file a motion to remand

    or abstain based on procedural errors by the Defendant, lack of jurisdiction and equitable

    Case 3:09-cv-00590-HTW-LRA Document 7 Filed 10/14/2009 Page 1 of 3

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    reasons. Currently two (2) Defendants have filed motions to dismiss and anotherDefendant has filed motions to refer to bankruptcy and to compel arbitration.

    4.

    This matter should be stayed until this Court rules on the Plaintiffs' motion toremand.

    WHEREFORE PREMISES CONSIDERED the Plaintiffs pray that this Court will staythis cause until a r u l i ~ h e Plaintiffs motion to remand is made.

    THIS the day of October, 2009.

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    CERTIFICATE OF SERVICEI, Mel Coxwell, do hereby certify that I have on this day electronically filed the

    foregoing with the clerk of the Court using the ECF System, which sent notification ofsuch filing to the following:

    Cynthia Speetjens, Esq.Post Office Box 2629Madison, MS 39133-2629Clarence Guthrie, Esq.Post Office Box 597Ridgeland, MS 39157-0597Paul Ellis, Esq.Post Office Box 22567Jackson, MS 39225-2567David C. Dunbar, Esq.Dunbar Monroe. P. A.270 Trace Colony Park, Suite ARidgeland, MS 39157Michael Cory, Jr., Esq.Post Office Box 1759Jackson, MS 39215-1759

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    Case 3:09-cv-00590-HTW-LRA Document 7 Filed 10/14/2009 Page 3 of 3