Item
8.01 Other
Events
As
previously reported with respect to the Company's lawsuit against the
Metropolitan Water District of Southern California ("Metropolitan"), on April
21, 2008 Judge Jane Johnson set a trial date for May 5, 2008, pending the
outcome of a mandatory settlement conference before Judge Peter
Lichtman.
The initial
mandatory settlement conference was held on April 30, 2008. Following
the conference, Judge Johnson issued a 30 day stay of all proceedings while
Judge Lichtman continues his ongoing mediation. If the parties do not
ultimately reach an agreement through the settlement conference process and
Judge Lichtman declares an impasse, the Court will set a new trial date.
As is normal in such legal proceedings, applicable dates will be set and, if
necessary, revised by the Court based upon availability within the Court's
calendar.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Cadiz
Inc.
|
|
By :
|
/s/O'Donnell Iselin II |
| O'Donnell Iselin II | ||
| Chief Financial Officer | ||
Dated: May
6, 2008