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Products and Ventures International v. Axus Stationery (Shanghai) Ltd., 4:16-CV-00669-YGR. (2018)

Court: District Court, N.D. California Number: infdco20180808900 Visitors: 3
Filed: Aug. 07, 2018
Latest Update: Aug. 07, 2018
Summary: [PROPOSED] JUDGMENT AND DISMISSAL OF CLAIMS YVONNE GONZALEZ ROGERS , District Judge . Plaintiff Products and Ventures International ("PVI") brought claims for relief for (1) breach of contract, (2) breach of the implied covenant of good faith and fair dealing, (3) intentional interference with contract, (4) intentional interference with prospective economic advantage, (5) trade secret misappropriation, (6) fraudulent transfer, and (7) civil conspiracy against defendants Axus Stationery (
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[PROPOSED] JUDGMENT AND DISMISSAL OF CLAIMS

Plaintiff Products and Ventures International ("PVI") brought claims for relief for (1) breach of contract, (2) breach of the implied covenant of good faith and fair dealing, (3) intentional interference with contract, (4) intentional interference with prospective economic advantage, (5) trade secret misappropriation, (6) fraudulent transfer, and (7) civil conspiracy against defendants Axus Stationery (Shanghai) Ltd., Shanghai Marco Stationery Co. Ltd., Shanghai Laikesheng Pen Material Co. Ltd., Peifeng Xu, Andre Viegas, Roberta Trading Corporation, and Kenpark Ltd. (collectively, "Defendants"). Counterclaimant Roberta Trading Corporation brought counterclaims against Counterclaim Defendants PVI and Carlos Fairbanks for (1) breach of contract, (2) breach of the implied covenant of good faith and fair dealing, and (3) intentional interference with contract.

On July 25, 2018, the Court issued its Order Granting Motion to Enter Judgment Pursuant to Settlement (ECF No. 261). That order is hereby incorporated by reference as if set forth fully herein.

The Court NOW ENTERS JUDGMENT AS FOLLOWS:

1. Defendants will pay PVI $4.4 million (USD) immediately. Defendants are jointly and severally liable for paying this amount.

2. All claims and counterclaims in this action are hereby dismissed with prejudice.

3. All claims arising out of or relating to the facts giving rise to the claims and counterclaims in this action are hereby released.

4. Each party shall bear their own costs, attorney's fees, and other expenses.

5. The Court retains jurisdiction over the parties to enforce the terms of this judgment.

6. The parties are referred to Magistrate Judge Laurel Beeler for assistance in enforcing the judgment.

Source:  Leagle

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