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U.S. ex rel. Calilung v. Ormat Industries, Ltd., 3:14-cv-325-RCJ(VPC). (2016)

Court: District Court, D. Nevada Number: infdco20161115820 Visitors: 6
Filed: Oct. 04, 2016
Latest Update: Oct. 04, 2016
Summary: JOINT CASE STATUS REPORT ORDER VALERIE P. COOKE , Magistrate Judge . On August 30, 2016, the parties engaged in a mediation resulting in an agreed resolution of this matter, with the terms of the resolution documented in a Term Sheet executed by counsel for Relators, counsel for Defendants, and a representative of the government. (ECF No. 260). Dismissal of this action is contingent upon execution of a more detailed Settlement Agreement, which the U.S. Department of Treasury and the U.S. D
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JOINT CASE STATUS REPORT

ORDER

On August 30, 2016, the parties engaged in a mediation resulting in an agreed resolution of this matter, with the terms of the resolution documented in a Term Sheet executed by counsel for Relators, counsel for Defendants, and a representative of the government. (ECF No. 260). Dismissal of this action is contingent upon execution of a more detailed Settlement Agreement, which the U.S. Department of Treasury and the U.S. Department of Justice must review. This review process is ongoing and has taken longer than the parties anticipated at the time of their last status report. The Assistant United States Attorney who has been assigned to this matter informed the parties that the Treasury Department formally confirmed the language contained within the Settlement Agreement today, and that the Department of Justice's review will now commence and will take at least an additional week. Accordingly, the parties request an extension of the current stay. (ECF. No. 261). The parties propose filing an additional status report on or before October 17, 2016, to either (a) further update the Court as to the status of the government approvals and/or other settlement finalization progress or (b) file a stipulation of dismissal.

IT IS SO ORDERED.

Source:  Leagle

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