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ilege, the defendant faces certain loss of the civil proceeding on summary judgment if the civil proceeding were to continue. Lot 5, 23 F.3d at 364; Pervis v. State Farm Fire & Casualty Co., 901 F.2d 944 (11th Cir. 1990). Under this standard, Movants must show that invocation of the privilege in the inst
matter will result in certain loss by automatic summary judgment. United States v. Two Parcels of Real Property, 92 F.3d 1123, 1129 (11th Cir. 1996); Pervis, 901 F.2d at 946-47. This must be an actual adverse judgment, and not “merely the loss of the defendant’s most ‘effective defense.’” Securities & Ex
s Circuit ‘generally grant the extraordinary remedy of a stay only after the defendant seeking a stay has been indicted.’” (quoting Citibank, N.A. v. Hakim, 1993 WL 481335 *1 (S.D.N.Y. Nov. 18, 1993) (add’l citations omitted). As one court explained: the consensus that a party seeking a stay bears a hea
ceeding were to continue. Lot 5, 23 F.3d at 364; Pervis v. State Farm Fire & Casualty Co., 901 F.2d 944 (
y has been indicted.’” (quoting Citibank, N.A. v. Hakim, 1993 WL 481335 *1 (S.D.N.Y. Nov. 18, 1993) (add’
tter will result in certain loss by automatic summary judgment. United States v. Two Parcels of Real Property, 92 F.3d 1123, 1129 (1Ith Cir. 1996); Pervis, 901 F.2d at 946-47. This must be an actual adverse judgment, and not "merely the loss of the defendant's most 'effective defense.'" Securities & E
is Circuit 'generally grant the extraordinary remedy of a stay only after the defendant seeking a stay has been indicted.'" (quoting Citibank,.. v. Hakim, 1993 WL 481335 *1 (S.D.N.Y. Nov. 18, 1993) (add'l citations omitted). As one court explained: the consensus that a party seeking a stay bears a he
ant faces certain EFTA00213026 loss of the civil proceeding on summary judgment if the civil proceeding were to continue. Lot 5 , 23 F.3d at 364; Pervis v. State Farm Fire & Casualty Co. , 901 F.2d 944 (11th Cir. 1990). Under this standard, Movants must show that invocation of the privilege in the i
s Circuit `generally grant the extraordinary remedy of a stay only after the defendant seeking a stay has been indicted.' (quoting Citibank, N.A. v. Hakim , 1993 WL 481335 *1 (S.D.N.Y. Nov. 18, 1993) (add'l citations omitted). As one court explained: the consensus that a party seeking a stay bears a h
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