MEMORANDUM OF LAW IN SUPPORT (Motion #001) - Memorandum of Law in Support of Defendants' and Nominal Defendants' Motion to Stay Pursuant to CPLR

On July 16, 2010 a commercial division case was filed by Hildene Capital Management, Llc,, and Hildene Opportunities Master Fund, Ltd.,, represented by Calamari, Peter E, Nagle, Mary Kathryn, and Pickhardt, Jonathan E, against And The Bank Of New York Mellon,, As Indenture Trustee,, Bimini Capital Management, Inc., et al. represented by Boboris, Maria A, Geisler, Mordechai L, Levine, Richard L et al. in the jurisdiction of New York County. Judge Milton Tingling presiding.

                        
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(FILED: NEW YORK COUNTY CLERK 09/03/2010) INDEX NO. 650980/2010 NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 09/03/2010 SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK aoseee: HILDENE CAPITAL MANAGEMENT, LLC and HILDENE OPPORTUNITIES MASTER FUND, LTD., individually and derivatively, Plaintiffs, Index No. 650980/2010 -against- ORAL ARGUMENT REQUESTED THE BANK OF NEW YORK MELLON, as Indenture Trustee, BIMINI CAPITAL MANAGEMENT, INC., and HEXAGON SECURITIES LLC, Defendants, and THE BANK OF NEW YOR…

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