Filed: May 01, 2018
Latest Update: May 01, 2018
Summary: ORDER GRANTING THIRD-PARTY DEFENDANT SBS CONSTRUCTION SERVICES OF NEVADA, LLC'S (erroneously sued as SBS CONSTRUCTION, INC.) MOTION FOR DETERMINATION OF GOOD FAITH SETTLEMENT RICHARD F. BOULWARE, II , District Judge . Third-Party Defendant, SBS CONSTRUCTION SERVICES OF NEVADA, LLC's (erroneously sued as SBS CONSTRUCTION, INC.) Motion for Determination of Good Faith Settlement having been filed on August 18, 2017, having received no response in opposition to the Motion, and the Court having
Summary: ORDER GRANTING THIRD-PARTY DEFENDANT SBS CONSTRUCTION SERVICES OF NEVADA, LLC'S (erroneously sued as SBS CONSTRUCTION, INC.) MOTION FOR DETERMINATION OF GOOD FAITH SETTLEMENT RICHARD F. BOULWARE, II , District Judge . Third-Party Defendant, SBS CONSTRUCTION SERVICES OF NEVADA, LLC's (erroneously sued as SBS CONSTRUCTION, INC.) Motion for Determination of Good Faith Settlement having been filed on August 18, 2017, having received no response in opposition to the Motion, and the Court having c..
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ORDER GRANTING THIRD-PARTY DEFENDANT SBS CONSTRUCTION SERVICES OF NEVADA, LLC'S (erroneously sued as SBS CONSTRUCTION, INC.) MOTION FOR DETERMINATION OF GOOD FAITH SETTLEMENT
RICHARD F. BOULWARE, II, District Judge.
Third-Party Defendant, SBS CONSTRUCTION SERVICES OF NEVADA, LLC's (erroneously sued as SBS CONSTRUCTION, INC.) Motion for Determination of Good Faith Settlement having been filed on August 18, 2017, having received no response in opposition to the Motion, and the Court having considered the Motion:
IT IS HEREBY ORDERED that Third-Party Defendant SBS CONSTRUCTION SERVICES OF NEVADA, LLC's Motion for Determination of Good Faith Settlement is hereby GRANTED pursuant to NRS 17.245 in the amount of NINE THOUSAND SEVEN HUNDRED FIFTY DOLLARS AND NO CENTS ($9,750.00).
Further, the Court finds as follows:
1. The settlement entered into between Third-Party Plaintiffs U.S. HOME CORPORATION and GREYSTONE NEVADA, LLC and Third-Party Defendant SBS CONSTRUCTION SERVICES OF NEVADA, LLC in the amount of $9,750.00 is just, fair and reasonable and entered into in good faith; and
2. Any and all present or future cross-claims, counterclaims or third-party claims against SBS CONSTRUCTION SERVICES OF NEVADA, LLC, either pending or prospective, for contribution, and equitable or implied indemnity are hereby dismissed with prejudice, and otherwise barred, pursuant to NRS 17.245.
