American Semiconductor, Inc v. California Assignments, LLC et al

Filing 99

ORDER to file update. Signed by Judge Lucy Koh on 2/26/2014. (lhklc2S, COURT STAFF) (Filed on 2/26/2014)

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UNITED STATES DISTRICT COURT
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NORTHERN DISTRICT OF CALIFORNIA
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SAN JOSE DIVISION
United States District Court
For the Northern District of California

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AMERICAN SEMICONDUCTOR, INC., an
Idaho corporation,
Plaintiff,

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v.
CALIFORNIA ASSIGNMENTS LLC, a
California limited liability company;
DEVELOPMENT SPECIALISTS, INC., an
Illinois corporation; and DOES 1 through 10,
inclusive,
Defendants.

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Case No.: 12-CV-06138-LHK
ORDER RE: SETTLEMENT UPDATE

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On October 11, 2013, Plaintiff and counterdefendant American Semiconductor, Inc.

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(“ASI”), defendant and counterclaimant California Assignments LLC and defendant Development

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Specialists, Inc. (hereinafter collectively, the “Parties”), by and through their respective

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undersigned counsel of record, notified the Court that the Parties have reached and executed a final

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and binding settlement agreement. ECF No. 90. The Court thus granted the Parties’ request that the

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Court retain jurisdiction over this case until certain obligations as required under the settlement

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agreement are performed by defendants. ECF No. 92. The Court held that “[u]pon performance of

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such obligations, and within five business days thereof, the Parties shall file a joint stipulation for

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mutual dismissal with prejudice. Should such obligations fail to be performed within
approximately five business days of May 1, 2014, an alternate joint stipulation for entry of
Case No.: 12-CV-06138-LHK
ORDER RE: SETTLEMENT UPDATE

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judgment shall be filed. Id. The Court hereby orders the parties to submit a joint update by March
5, 2014 regarding whether the defendants have performed or are currently performing these
obligations and when the parties expect to file a joint stipulation for mutual dismissal with
prejudice.

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IT IS SO ORDERED.
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Dated: February 26, 2014

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United States District Court
For the Northern District of California

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Case No.: 12-CV-06138-LHK
ORDER RE: SETTLEMENT UPDATE

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LUCY H. KOH
United States District Judge