Legal Question in Business Law in California

When the Court uses "stay" in this context it usually means "temporarily haulted by order of the Court".

In the example you have provided, it would mean that all actions (law suits, court ordered dissolutions, etc.) are temporarily haulted.

Correct, and potentially even broader than that, look to the context of the Court order.

It means that nothing should be going on in the case right now. None of the parties should be conducting any discovery, filing any motions, or conducting any litigation in that case until the stay is dissolved. It is like a "freezing" of the case.

I'm astounded at the lousy lawyering you are getting here. The language you quote does not lend itself to any of the interpretations you have been given. It says all actions "in any partnerships agreed to be dissolved" are "stayed." It says absolutely nothing about legal actions being stayed against or involving the partnerships. My best guess is that the partners and the partnerships are ordered not to proceed with any action toward the agreed dissolutions. But that is just a guess. Unlike my foolish colleagues I would not ever tell you what a single sentence of an order means without reading the entire order. And even then I might need to read the pleadings to fully undertand the order.