Filed: Jun. 22, 2015
Latest Update: Jun. 22, 2015
Summary: ORDER 1 SHERI POLSTER CHAPPELL , District Judge . This matter comes before the Court on the Plaintiff, Federal Deposit Insurance Corporation (FDIC), as receiver for Colonial Bank and Taylor Bean & Whitaker Plan Trust's Unopposed Motion for Dismissal with Prejudice (Doc. #201) filed on June 19, 2015. Federal Rule of Civil Procedure 41(a)(2) provides that "an action may be dismissed at the plaintiff's request only by court order, on terms that the court considers proper." "The district court
Summary: ORDER 1 SHERI POLSTER CHAPPELL , District Judge . This matter comes before the Court on the Plaintiff, Federal Deposit Insurance Corporation (FDIC), as receiver for Colonial Bank and Taylor Bean & Whitaker Plan Trust's Unopposed Motion for Dismissal with Prejudice (Doc. #201) filed on June 19, 2015. Federal Rule of Civil Procedure 41(a)(2) provides that "an action may be dismissed at the plaintiff's request only by court order, on terms that the court considers proper." "The district court ..
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ORDER1
SHERI POLSTER CHAPPELL, District Judge.
This matter comes before the Court on the Plaintiff, Federal Deposit Insurance Corporation (FDIC), as receiver for Colonial Bank and Taylor Bean & Whitaker Plan Trust's Unopposed Motion for Dismissal with Prejudice (Doc. #201) filed on June 19, 2015. Federal Rule of Civil Procedure 41(a)(2) provides that "an action may be dismissed at the plaintiff's request only by court order, on terms that the court considers proper." "The district court enjoys broad discretion in determining whether to allow a voluntary dismissal under Rule 41(a) (2)." Pontenberg v. Boston Sci. Corp., 252 F.3d 1253, 1255 (11th Cir.2001). A "voluntary dismissal should be granted unless the defendant will suffer clear legal prejudice, other than the mere prospect of a subsequent lawsuit, as a result." Id. (internal quotation marks omitted).
The Plaintiff now moves to dismiss this case with prejudice pursuant to Fed. R. Civ. P. 41(a)(2). Rule 41(a)(2) provides that "an action may be dismissed at the plaintiff's request only by court order, on terms that the court considers proper." "The district court enjoys broad discretion in determining whether to allow a voluntary dismissal under Rule 41(a) (2)." Pontenberg v. Boston Sci. Corp., 252 F.3d 1253, 1255 (11th Cir.2001). A "voluntary dismissal should be granted unless the defendant will suffer clear legal prejudice, other than the mere prospect of a subsequent lawsuit, as a result." Id. (internal quotation marks omitted).
In this instance, all claims have been settled with all Defendants. The Plaintiff asserts that all Parties have executed Settlement and Release Agreements, each Party will bear their own attorney's fees and costs. Finally, the order of dismissal is necessary to effectuate the dismissal in accord with the terms of the agreement of all Parties involved. In addition, the Plaintiff requests that the Court maintains jurisdiction over the case for thirty (30) days to enforce the terms of the settlement agreement. Based upon the Court's knowledge of the proceedings in the case, the Court finds good cause to grant the motion and dismiss the case with prejudice.
Accordingly, it is now
ORDERED:
The Plaintiff, Federal Deposit Insurance Corporation, as receiver for Colonial Bank and Taylor Bean & Whitaker Plan Trust's Unopposed Motion for Dismissal with Prejudice (Doc. #201) is GRANTED.
(1) The case is DISMISSED with prejudice.
(2) The Clerk of the Court is directed to enter judgment accordingly, terminate all pending motions and deadlines and close the case.
(3) The Court will maintain jurisdiction over the case until July 22, 2015, to enforce the terms of the Settlement Agreement.
DONE and ORDERED.
