STIPULATION AND ORDER TO REMAND ACTION

TROY L. NUNLEY, District Judge.

This Stipulation is entered into by and between Plaintiff Anatolli P. Romanov ("Romanov") and Defendants Westward Hospitality Management LLC and Westmont Hospitality Group, Inc. ("Defendants") as follows

WHEREAS, Romanov commenced this action as a putative class action in the Superior Court of the State of California, County of Sacramento, on June 22, 2012; and

WHEREAS, Defendants removed this action to this Court on August 3, 2012, pursuant to the Class Action Fairness Act; and

WHEREAS, Romanov did not seek remand of this action at the time because the evidence submitted by defendants in support of their removal suggested that there was in excess of $5 million at stake, thereby investing this Court with jurisdiction under the Class Action Fairness Act; and

WHEREAS, after formal and informal discovery related to certain financial information, Romanov determined that there was likely significantly less than $5 million at stake; and

WHEREAS, the parties recently engaged in a successful mediation on the basis of that financial information and agreed on a settlement figure that is well below the minimum jurisdictional amount for non-discretionary jurisdiction in this Court under the Class Action Fairness Act; and

WHEREAS, as part of that settlement, the parties agreed that this case, which asserts only state law claims, properly belongs back in state court for settlement and eventual administration.

Accordingly, IT IS HEREBY STIPULATED AND AGREED that this action shall be immediately remanded to the Superior Court for the State of California, County of Sacramento.

ORDER

Based upon the foregoing stipulation, and for good cause showing,

IT IS HEREBY ORDERED, that this matter be remanded to the Superior Court of the State of California for the County of Sacramento forthwith.