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Lopez v. US. Home Corporation and Greystone Nevada, LLC, 2:16-cv-01754-RFB-CWH. (2018)

Court: District Court, D. Nevada Number: infdco20180315e64 Visitors: 4
Filed: Mar. 13, 2018
Latest Update: Mar. 13, 2018
Summary: ORDER GRANTING THIRD-PARTY DEFENDANT GENERAL ELECTRIC COMPANY'S MOTION FOR DETERMINATION OF GOOD FAITH SETTLEMENT RICHARD F. BOULWARE, II , District Judge . Third-Party Defendant GENERAL ELECTRIC COMPANY'S Motion for Determination of Good Faith Settlement having been filed on August 1, 2017, having received no responses in opposition to the Motion, and the Court having considered the Motion, pleadings and papers on file herein, being advised that a settlement in the amount of TWO HUNDRED FI
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ORDER GRANTING THIRD-PARTY DEFENDANT GENERAL ELECTRIC COMPANY'S MOTION FOR DETERMINATION OF GOOD FAITH SETTLEMENT

Third-Party Defendant GENERAL ELECTRIC COMPANY'S Motion for Determination of Good Faith Settlement having been filed on August 1, 2017, having received no responses in opposition to the Motion, and the Court having considered the Motion, pleadings and papers on file herein, being advised that a settlement in the amount of TWO HUNDRED FIFTY DOLLARS AND ZERO CENTS ($250.00), having been negotiated by GENERAL ELECTRIC COMPANY, in favor of Third-Party Plaintiffs, which settlement excludes any additional insured obligations, and GOOD CAUSE APPEARING THEREFORE:

IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Third-Party Defendant GENERAL ELECTRICY COMPANY'S Motion for Determination of Good Faith Settlement is hereby granted pursuant to N.R.S. 17.245;

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the settlement between Third-Party Plaintiffs and Third-Party Defendant GENERAL ELECTRIC COMPANY, in the total amount of TWO HUNDRED FIFTY DOLLARS AND ZERO CENTS ($250.00) 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, GENERAL ELECTRIC, 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 N.R.S. 17.245.

Source:  Leagle

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