Financial Pacific Insurance Company v. Mark Rite Lines Equipment Co., Inc. et al

Filing 33

ORDER signed by District Judge Troy L. Nunley on 9/8/17, GRANTING Defendant Mark Rite Lines Equipment Co., Inc.'s 27 Motion for Order Establishing Good Faith Settlement. Plaintiff is to provide Defendant Mark Rite Lines Equipment Co., Inc. a full release of all claims in exchange for $12,500.00. Defendant Mark Rite Lines Equipment Co., Inc. is entitled to the protection of Code of Civil Procedure section 877.6 et seq. The settlement bars any pending or future claims by alleged joint tortfeasors or co- obligors against Defendant Mark Rite Lines Equipment Co., Inc., for equitable or implied indemnity, or contribution. (Kastilahn, A)

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John R. Haluck (SBN 090956)
Eric C. Brumfield (SBN 306642)
KOELLER, NEBEKER, CARLSON & HALUCK, LLP
1478 Stone Point Drive, Suite 400
Roseville, CA 95661
Telephone: [phone]
Facsimile: [phone]
Attorneys for
MARK RITE LINES EQUIPMENT CO., INC.

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UNITED STATES DISTRICT COURT

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EASTERN DISTRICT OF CALIFORNIA

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FINANCIAL PACIFIC INSURANCE
COMPANY, as subrogee of Sierra
Traffic Marking, Inc.,

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Plaintiff,
v.
MARK RITE LINES EQUIPMENT CO.,
INC., AXEMAN-ANDERSON
COMPANY, and R.W. BECKETT, and
DOES 1 to 50,

No. 2:16-cv-02382-TLN-KJN

ORDER GRANTING DEFENDANT MARK
RITE LINES EQUIPMENT CO., INC.'S
MOTION FOR ORDER ESTABLISHING
GOOD FAITH SETTLEMENT AND
BARRING INDEMNITY CLAIMS
AGAINST SETTLING DEFENDANT

Defendants.

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The Court, after having reviewed Defendant Mark Rite Lines Equipment Co.,

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Inc.'s Motion for Order Establishing Good Faith Settlement, and being familiar with the

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terms of the settlement, hereby grants said Motion.

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IT IS HEREBY ORDERED:
1. That the settlement between Defendant Mark Rite Lines Equipment Co.,

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Inc. and Plaintiff Financial Pacific Insurance Company, wherein the terms

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of the settlement are for Plaintiff to provide Defendant Mark Rite Lines

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Equipment Co., Inc. a full release of all claims in exchange for $12,500.00,

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was made in good faith.
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2. That Defendant Mark Rite Lines Equipment Co., Inc. is entitled to the
protection of Code of Civil Procedure section 877.6 et seq.
3. That the settlement bars any pending or future claims by alleged joint

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tortfeasors or co- obligors against Defendant Mark Rite Lines Equipment

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Co., Inc. for equitable or implied indemnity, or contribution.

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Dated: September 8, 2017

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Troy L. Nunley
United States District Judge

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