Filed: Jun. 13, 2014
Latest Update: Jun. 13, 2014
Summary: Notice of Settlement and Stipulated Joint Motion to Stay all Deadlines pending Consummation of Settlement; Order Thereon SHEILA K. OBERTO, Magistrate Judge. Plaintiffs ADP Commercial Leasing, LLC, ADP Dealer Services, Inc., and IP Networked Services, Inc. (collectively the "Plaintiffs"), and defendants M.G. Santos, Inc. DBA Toscano RV Center, and West Side Sales Co., Inc. DBA Westside Ford, and Michael Santos (collectively, the "Defendants"), hereby respectfully submit this Notice of Settlemen
Summary: Notice of Settlement and Stipulated Joint Motion to Stay all Deadlines pending Consummation of Settlement; Order Thereon SHEILA K. OBERTO, Magistrate Judge. Plaintiffs ADP Commercial Leasing, LLC, ADP Dealer Services, Inc., and IP Networked Services, Inc. (collectively the "Plaintiffs"), and defendants M.G. Santos, Inc. DBA Toscano RV Center, and West Side Sales Co., Inc. DBA Westside Ford, and Michael Santos (collectively, the "Defendants"), hereby respectfully submit this Notice of Settlement..
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Notice of Settlement and Stipulated Joint Motion to Stay all Deadlines pending Consummation of Settlement; Order Thereon
SHEILA K. OBERTO, Magistrate Judge.
Plaintiffs ADP Commercial Leasing, LLC, ADP Dealer Services, Inc., and IP Networked Services, Inc. (collectively the "Plaintiffs"), and defendants M.G. Santos, Inc. DBA Toscano RV Center, and West Side Sales Co., Inc. DBA Westside Ford, and Michael Santos (collectively, the "Defendants"), hereby respectfully submit this Notice of Settlement and Joint Motion to Stay all Deadlines pending consummation of the terms, and show:
1. The remaining parties to this case reached a settlement and executed a Joint Release and Settlement Agreement. The settlement calls for performance to take place over the next 120 days.
2. The settlement will dispose of all parties and all issues. Claims by and against Defendant Bonessa Enterprises, Inc. were previously dismissed with prejudice in prior orders of this Court.
3. The parties contemplate that all performance of the terms required to satisfy the agreement and to file dismissals of this case will occur within 120 days. The parties request that the Court stay all deadlines in this case, so that these last performance items may resolve themselves. Then the parties will file a joint dismissal with prejudice of this matter. In the unlikely event that performance is not completed in accordance with the settlement, the parties will promptly notify the Court and request a telephonic status hearing before the United States Magistrate Judge.
Wherefore, premises considered, Plaintiffs and Defendants respectfully request that the Court stay all deadlines in this case, and all other just and equitable relief.
ORDER
Pursuant to the parties' joint stipulation, the Court hereby orders the following:
1. All pending deadlines in this case are VACATED;1 and
2. On or before October 8, 2014, the parties shall either:
(a) File a stipulated dismissal of this lawsuit; or
(b) If the pending settlement is not consummated, the parties shall request a telephonic hearing to re-set the remaining deadlines and hearing dates for this matter.
IT IS SO ORDERED.
