BH18, LLC et al v. 8600 Wilshire Boulevard, LLC et al

Filing 23

ORDER RE STIPULATION FOR DISMISSAL OF ACTION WITHOUT PREJUDICE AND RETENTION OF JURISDICTION (DKT. #22 ) by Judge John A. Kronstadt, the Stipulation is APPROVED as follows: (1) This action is dismissed without prejudice. (2) The Court retains jurisdiction to adjudicate issues pertaining to and/or to enforce a written Settlement and Mutual General Release Agreement ("Settlement Agreement") executed by the Parties, pursuant to FRCP 41(a) and the terms of the Settlement Agreement. The Court may enter judgment pursuant to the Stipulation for Entry of Judgment executed pursuant to the Settlement Agreement that is being held to secure performance under the Settlement Agreement and that may be filed by Plaintiffs in the event of an uncured default under the Settlement Agreement. (Made JS-6. Case Terminated.) (jp)

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JS-6

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UNITED STATES DISTRICT COURT

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CENTRAL DISTRICT OF CALIFORNIA

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BH18, LLC, a Delaware limited
No. 2:21-cv-03659-JAK (SKx)
liability company; TODD SILVER, an
ORDER RE STIPULATION FOR
individual,
DISMISSAL OF ACTION WITHOUT
Plaintiff,
PREJUDICE AND RETENTION OF
JURISDICTION (DKT. 22)
v.
8600 WILSHIRE BOULEVARD,
LLC, a Delaware limited liability
company; 8600 WILSHIRE
BOULEVARD II, LLC, a Delaware
limited liability company;
PALISADES CAPITAL PARTNERS,
LLC, a California limited liability
company; 8600 WILSHIRE
BOULEVARD, INC., a Delaware
corporation; DAVID ORENSTEIN, an
individual; HONGDONG WANG aka
HAROLD WANG, an individual; and
DOES 1-30, inclusive,
Defendants.

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Based on a review of the Stipulation for Dismissal of Action without

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Prejudice (the “Stipulation” (Dkt. 22)), sufficient good cause has been shown for

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the requested relief. Therefore, the Stipulation is APPROVED as follows:

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1.

This action is dismissed without prejudice.

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2.

The Court retains jurisdiction to adjudicate issues pertaining to and/or

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to enforce a written Settlement and Mutual General Release

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Agreement (“Settlement Agreement”) executed by the Parties,

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pursuant to Fed. R. Civ. P. 41(a) and the terms of the Settlement

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Agreement. The Court may enter judgment pursuant to the Stipulation

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for Entry of Judgment executed pursuant to the Settlement Agreement

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that is being held to secure performance under the Settlement

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Agreement and that may be filed by Plaintiffs in the event of an

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uncured default under the Settlement Agreement.

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IT IS SO ORDERED.
Dated: July 15, 2021

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John A. Kronstadt
United States District Judge