Judge grants temporary restraining order
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TEMPORARY RESTRAINING ORDER
It appearing to the court from the evidence submitted that the plaintiff, Calypso Wireless,Inc, is facing an immediate threat of irreparable harm arising hom the pending sale of the Patent-inSuit
on Friday, January 15, 2009, it is ORDERED that Drago Daic, Jimmy Williamson, PC, and Kelly D Stephens (in his capacity as purported tlUstee), together with their officers, agents, servants,employees, attorneys, and all other persons in active concert or participation with them, are temporarily restrained and enjoined from proceeding with any sale or auction of the Patent-in-Suit on Friday, January 15, 2010, or any other time during the pendency of this order The court finds that the sale ofthe Patent-in-Suit under these circumstances would leave Calypso with substantially no assets and that the harm suffered is likely to be irreparable. It is further found that the threat is immediate
This order shall expire on January 27,2010, unless extended by the court for good cause. The court orders that Drago Daic, Jimmy Williamson, P C, and Kelly D Stephens (in his capacity as purported trustee), to appear before the court in Marshall, Texas on Wednesday, January 27,2010, at 9:00 a.m. before the Hon Charles Everingham, United States Magistrate Judge, to show
cause why the court should not issue a preliminary injunction enjoining the sale of the Patent-in-Suit, during the pendency of this case.
The court finds that a bond in the amount of $50,000 is appropriate in this case. This order will be effective upon the posting of the bond.
So ORDERED and SIGNED this 13th day of January, 2010, at 3:57pm -
T JOHN WARD
UNITED TATES DISTRICT JUDGE