FOY AND ASSOCIATES RIVERSTONE CASES
PETITION FOR COORDINATION
TENTATIVE RULING
Grant petition for coordination; suggest the Los Angeles Superior Court is the appropriate venue for the coordinated action to be heard; designate the Second Appellate District as the as the reviewing court with appellate jurisdiction which will promote the ends of justice, as determined under CCP §404.1 (pursuant to CCP §404.2 and CRC 3.505(a))
DISCUSSION
I. Background
These cases all arise out of the receivership and liquidation proceeding of Riverstone Capital, LLC and its affiliates (collectively, “Riverstone”) in Acosta v. Riverstone Capital, LLC, et al., Case No. 19-CV-778-MWF (MAAx) in the United States District Court for the Central District of California (the “Riverstone Liquidation). The plaintiff in the Riverstone Liquidation is the Secretary of Labor, Alexandra Acosta. The Department of Labor (“DOL”) placed Riverstone into receivership and liquidation based on allegations that Riverstone an
Hearing Date
September 26, 2019
Type
Civil (General Jurisdiction)
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FOY AND ASSOCIATES RIVERSTONE CASES
PETITION FOR COORDINATION
TENTATIVE RULING
Grant petition for coordination; suggest the Los Angeles Superior Court is the appropriate venue for the coordinated action to be heard; designate the Second Appellate District as the as the reviewing court with appellate jurisdiction which will promote the ends of justice, as determined under CCP §404.1 (pursuant to CCP §404.2 and CRC 3.505(a))
DISCUSSION
I. Background
These cases all arise out of the receivership and liquidation proceeding of Riverstone Capital, LLC and its affiliates (collectively, “Riverstone”) in Acosta v. Riverstone Capital, LLC, et al., Case No. 19-CV-778-MWF (MAAx) in the United States District Court for the Central District of California (the “Riverstone Liquidation). The plaintiff in the Riverstone Liquidation is the Secretary of Labor, Alexandra Acosta. The Department of Labor (“DOL”) placed Riverstone into receivership and liquidation based on allegations that Riverstone an