Property Casualty Insurance Company of Hartford v. A.O. Smith Corporation

Filing 86

ORDER.IT IS HEREBY ORDEREDthat 65 LY, Inc.'s Motion for Good Faith Settlement Determination is GRANTED. All claims against LY, Inc. are DISMISSED with prejudice, and the hearing on this motion scheduled for 2/24/17, is VACATED. A.O. Smith and Hartford's settlement moots all other pending motions, so I deny them 78 , 83 as moot and without prejudice to the parties' ability to refile these motions in the event that the settlement is not completed. A.O. and Hartford have until 2/28/17, to file a stipulation and order dismissing the remaining claims. Signed by Judge Jennifer A. Dorsey on 2/13/17. (Copies have been distributed pursuant to the NEF - ADR)

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1 UNITED STATES DISTRICT COURT 2 DISTRICT OF NEVADA 3 4 Property Casualty Insurance Company of Hartford, Plaintiff 5 v. 6 7 A.O Smith Corporation; L.Y. Inc., dba Residential Service Center, Case No.: 2:15-cv-01678-JAD-CWH Order Granting Unopposed Motion for Determination of Good Faith Settlement, Denying All Other Pending Motions As Moot, and Vacating 2/24/17 hearing ECF Nos. 65, 78, 83 8 Defendants 9 10 In this coverage dispute, LY, Inc., DBA Residential Service Center moves for a 11 determination that its $5,000 settlement with the plaintiff was entered in good faith, entitling LY to 12 the protections of NRS 17.245. Although A.O. Smith originally opposed the motion,1 it too has now 13 settled with Hartford, so it withdrew its opposition,2 leaving this motion for good-faith-settlement 14 determination unopposed. Having reviewed the motion and its exhibits, and finding good cause and 15 that the factors articulated by the Nevada Supreme Court in Velsicol Chemical v. Davidson3 balance 16 in favor of concluding that the LY settlement was entered in good faith, IT IS HEREBY ORDERED 17 that LY, Inc.’s Motion for Good Faith Settlement Determination [ECF No. 65] is GRANTED. All 18 claims against LY, Inc. are DISMISSED with prejudice, and the hearing on this motion 19 scheduled for February 24, 2017, is VACATED. 20 A.O. Smith and Hartford’s settlement moots all other pending motions, so I deny them 21 [ECF No. 78, 83] as moot and without prejudice to the parties’ ability to refile these motions in the 22 ... 23 24 25 26 1 See ECF No. 67. 27 2 ECF No. 85. 28 3 Velsicol Chemical v. Davidson, 811 P.2d 561, 563 (Nev. 1991). 1 event that the settlement is not completed. A.O. and Hartford have until February 28, 2017, to file a 2 stipulation and order dismissing the remaining claims. 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DATED: February 13, 2017 _________________________________ ________________________ _ ___ _ __ _ _ JENNIFER A. DORSEY NIFER DORSEY F R Y UNITED STATES DISTRICT JU TED STATES DISTRICT JUDGE D STAT TR CT

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