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Pacific Cheese Co. v. Advanced Coil Technology, LLC, 3:15-cv-00351-MMD-CBC. (2019)

Court: District Court, D. Nevada Number: infdco20190422672 Visitors: 7
Filed: Apr. 17, 2019
Latest Update: Apr. 17, 2019
Summary: ORDER MIRANDA M. DU , District Judge . Defendant Hussman Corporation is the final Defendant to settle in this case regarding the apportionment of responsibility for a fire in a cheese processing facility in Reno, Nevada, which began inside a large piece of heating and cooling equipment, and caused substantial damage. Before the Court is Hussman's motion for a determination of good faith settlement under NRS 17.245 with Plaintiff Travelers Property Casualty Company of America as Subrogee o
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ORDER

Defendant Hussman Corporation is the final Defendant to settle in this case regarding the apportionment of responsibility for a fire in a cheese processing facility in Reno, Nevada, which began inside a large piece of heating and cooling equipment, and caused substantial damage. Before the Court is Hussman's motion for a determination of good faith settlement under NRS § 17.245 with Plaintiff Travelers Property Casualty Company of America as Subrogee of Pacific Cheese Co. Inc. and Lake Valley Properties, LLC.1 (ECF No. 372.) While Plaintiff disputes Hussman's characterization of the facts of this case, Plaintiff does not oppose Hussman's motion, and indeed "agrees that the settlement is made in good faith and for a reasonable amount." (ECF No. 375 at 8.) The Court will grant Hussman's motion because the purpose of NRS § 17.245 is to "encourage settlements[,]" In Re MGM Grand Hotel Fire Litigation, 570 F.Supp. 913, 926 (D. Nev. 1983), and because no party opposes Hussman's motion.

It is therefore ordered that Hussman's motion for determination of good faith settlement (ECF No. 372) is granted. The Court finds that Plaintiff and Hussman's settlement is made in good faith.

Plaintiff and Hussman are directed to file dismissal documents by April 22, 2019.

FootNotes


1. The Court directed that Hussman provide the amount of its settlement with Plaintiff under seal. (ECF No. 373.) Hussman complied. (ECF No. 374.) Because Hussman represents that the confidentiality of the settlement amount is a material element of the settlement (ECF No. 372 at 15-16), the Court directs that the document containing the amount of Hussman's settlement with Plaintiff (ECF No. 374) remain sealed.
Source:  Leagle

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