Filed: May 28, 2018
Latest Update: May 28, 2018
Summary: ORDER GRANTING THIRD-PARTY DEFENDANT CARPETS N MORE'S MOTION FOR DETERMINATION OF GOOD FAITH SETTLEMENT RICHARD F. BOULWARE, II , District Judge . Third-Party Defendant CARPETS N MORE'S Motion for Determination of Good Faith Settlement; and the Court having considered the Motion, pleadings and papers of file herein, being advised that a settlement in the amount of FIFTEEN THOUSAND DOLLARS ($15,000.00), has been negotiated by CARPETS N MORE, in favor of Third-Party Plaintiff, which settleme
Summary: ORDER GRANTING THIRD-PARTY DEFENDANT CARPETS N MORE'S MOTION FOR DETERMINATION OF GOOD FAITH SETTLEMENT RICHARD F. BOULWARE, II , District Judge . Third-Party Defendant CARPETS N MORE'S Motion for Determination of Good Faith Settlement; and the Court having considered the Motion, pleadings and papers of file herein, being advised that a settlement in the amount of FIFTEEN THOUSAND DOLLARS ($15,000.00), has been negotiated by CARPETS N MORE, in favor of Third-Party Plaintiff, which settlemen..
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ORDER GRANTING THIRD-PARTY DEFENDANT CARPETS N MORE'S MOTION FOR DETERMINATION OF GOOD FAITH SETTLEMENT
RICHARD F. BOULWARE, II, District Judge.
Third-Party Defendant CARPETS N MORE'S Motion for Determination of Good Faith Settlement; and the Court having considered the Motion, pleadings and papers of file herein, being advised that a settlement in the amount of FIFTEEN THOUSAND DOLLARS ($15,000.00), has been negotiated by CARPETS N MORE, in favor of Third-Party Plaintiff, which settlement excludes any additional insured obligations, and GOOD CAUSE APPEARING THEREFORE:
IT IS HEREBY ORDERED, ADJUSDGED, AND DECREED that Third-Party Defendant CARPET N MORE'S Motion for Determination of Good Faith Settlement is hereby Granted pursuant to NRS 17.245;
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the settlement between Third-Party Plaintiff and Third-Party Defendant CARPETS N MORE, in the total amount of FIFTEEN THOUSAND DOLLARS ($15,000.00) is determined to be in good faith;
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that upon payment of the settlement monies, any and all Complaints, Third-Party Complaints, Cross-Claims, Counterclaims, and any other claims filed against, or that could have or should have been filed against Third-Party Defendant, CARPETS N MORE, shall be dismissed with prejudice, including claims for equitable indemnity and contribution, and any other future equitable and/or implied indemnity claims shall be barred pursuant to NRS 17.245.