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 jurisdi ction 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 Cou rt 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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1 2 3 JS-6 4 5 6 7 8 9 10 UNITED STATES DISTRICT COURT 11 CENTRAL DISTRICT OF CALIFORNIA 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 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. 1 Based on a review of the Stipulation for Dismissal of Action without 2 Prejudice (the “Stipulation” (Dkt. 22)), sufficient good cause has been shown for 3 the requested relief. Therefore, the Stipulation is APPROVED as follows: 4 1. This action is dismissed without prejudice. 5 2. The Court retains jurisdiction to adjudicate issues pertaining to and/or 6 to enforce a written Settlement and Mutual General Release 7 Agreement (“Settlement Agreement”) executed by the Parties, 8 pursuant to Fed. R. Civ. P. 41(a) and the terms of the Settlement 9 Agreement. The Court may enter judgment pursuant to the Stipulation 10 for Entry of Judgment executed pursuant to the Settlement Agreement 11 that is being held to secure performance under the Settlement 12 Agreement and that may be filed by Plaintiffs in the event of an 13 uncured default under the Settlement Agreement. 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 IT IS SO ORDERED. Dated: July 15, 2021 ________________________________ John A. Kronstadt United States District Judge

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