Witt Caribbean LLC v. Atlys Global LLC

Filing 157

ORDER: The parties have agreed to settle this case; denying as moot 155 motion; trial is cancelled and the parties are directed to file a joint notice when the paperwork is finalized due by 6/24/2024. Signed by Judge D. P. Marshall Jr. on 6/3/2024. (jak)

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IN THE UNITED STATES DISTRICT COURT EASTERN DISTRICT OF ARKANSAS CENTRAL DIVIVSION WITT CARIBBEAN, LLC v. PLAINTIFF/ COUNTERDEFENDANT No. 4:21-cv-618-DPM ATLYS GLOBAL, LLC DEFENDANT/ COUNTERPLAINTIFF/THIRDPARTY PLAINTIFF v. WITT GLOBAL PARTNERS, LLC; WITT GLOBAL PARTNERS FUND I, L.P.; WITT GLOBAL PARTNERS CAPITAL, LLC, d/b/a WGP Capital; WITT GLOBAL PARTNERS ASSET MANAGEMENT, LLC; WITT GLOBAL PARTNERS GP-I, LLC; WITT CORP; AG WITT, LLC; JOHN DOE CORPORATIONS, Witt Affiliated Companies; JAMES LEE WITT; ROD SWEETMAN; and WILLIAM (BILL) RILEY THIRD-PARTY DEFENDANTS ORDER The parties have agreed to settle this case. Doc. 156. Congratulations. Trial is cancelled. Atlys Global’s motion, Doc. 155, is denied as moot. The parties must file a joint notice when the paperwork is finalized. Notice due by 24 June 2024. Here’s the Court’s tentative plan. The Court will dismiss this case with prejudice and retain jurisdiction for sixty-five months to allow full performance as contemplated by the parties’ agreement. The case will be administratively terminated. If any party concludes that the settlement terms have not been performed, they may file a motion to reopen the case and amend the judgment and enter a new judgment reflecting the circumstances. Please comment on the plan in the joint notice. So Ordered. ________________________ D.P. Marshall Jr. United States District Judge 3 June 2024 -2-

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