Filed: Nov. 13, 2013
Latest Update: Nov. 13, 2013
Summary: STIPULATION AND [PROPOSED] ORDER DISMISSING ELITE DEFENDANTS' CROSS-CLAIMS WILLIAM H. ALSUP, Magistrate Judge. WHEREAS, Defendants and Cross-Claimants Elite Wholesale, Inc., Tonic Wholesale, Inc., Dapan USA Corp. and Sung Keun Lee (collectively, the "Elite Defendants") have alleged cross-claims against Defendants and Cross-Defendants Dan-Dee Company, Inc., Fadi Attiq and Kevin Attiq (collectively, the "Dan-Dee Defendants"); and WHEREAS, the Elite Defendants and the Dan-Dee Defendants have ent
Summary: STIPULATION AND [PROPOSED] ORDER DISMISSING ELITE DEFENDANTS' CROSS-CLAIMS WILLIAM H. ALSUP, Magistrate Judge. WHEREAS, Defendants and Cross-Claimants Elite Wholesale, Inc., Tonic Wholesale, Inc., Dapan USA Corp. and Sung Keun Lee (collectively, the "Elite Defendants") have alleged cross-claims against Defendants and Cross-Defendants Dan-Dee Company, Inc., Fadi Attiq and Kevin Attiq (collectively, the "Dan-Dee Defendants"); and WHEREAS, the Elite Defendants and the Dan-Dee Defendants have ente..
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STIPULATION AND [PROPOSED] ORDER DISMISSING ELITE DEFENDANTS' CROSS-CLAIMS
WILLIAM H. ALSUP, Magistrate Judge.
WHEREAS, Defendants and Cross-Claimants Elite Wholesale, Inc., Tonic Wholesale, Inc., Dapan USA Corp. and Sung Keun Lee (collectively, the "Elite Defendants") have alleged cross-claims against Defendants and Cross-Defendants Dan-Dee Company, Inc., Fadi Attiq and Kevin Attiq (collectively, the "Dan-Dee Defendants"); and
WHEREAS, the Elite Defendants and the Dan-Dee Defendants have entered into a settlement regarding these cross-claims; and
WHEREAS, dismissal of the Elite Defendants' cross-claims is contingent upon payments by the Dan-Dee Defendants to the Elite Defendants; and
WHEREAS, the Dan-Dee Defendants have a pending motion to approve a settlement agreement with the Elite Defendants (Docket No. 521);
IT IS HEREBY STIPULATED AND AGREED, by and between the undersigned, that if the Court grants the Dan-Dee Defendants' motion to approve the settlement agreement with the Elite Defendants, then all of the Elite Defendants' cross-claims are immediately dismissed with prejudice with each party bearing their own costs.
PURSUANT TO STIPULATION, IT IS SO ORDERED.
