Federal Deposit Insurance Corporation v. Greenwood et al

Filing 50

ORDER OF DISMISSAL. Signed by Senior Judge Henry M. Herlong, Jr on 8/22/13. (nll)

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IN THE DISTRICT COURT OF THE UNITED STATES FOR THE WESTERN DISTRICT OF NORTH CAROLINA ASHEVILLE DIVISION Federal Deposit Insurance Corporation, ) as Receiver of The Bank of Asheville, ) Asheville North Carolina, ) ) Plaintiff, ) ) vs. ) ) G. Gordon Greenwood, ) W. Edward Anderson, ) Steven D. Cogburn, ) Darryl J. Hart, ) Carol L. King, ) Steven L. Pignatiello, and ) David N. Wilcox, ) ) Defendants. ) ) Civil Action No. 1:11-337-HMH ORDER OF DISMISSAL The Court having been advised by counsel for the parties that the above action has been settled, IT IS ORDERED that this action is hereby dismissed without costs and without prejudice. If settlement is not consummated within sixty (60) days, either party may petition the Court to reopen this action and restore it to the calendar. Rule 60(b)(6), F.R.Civ.P. In the alternative, to the extent permitted by law, either party may within sixty (60) days petition the Court to enforce the settlement. Fairfax Countywide Citizens v. Fairfax County, 571 F.2d 1299 (4th Cir. 1978). By agreement of the parties, the court retains jurisdiction to enforce the settlement agreement. Kokkonen v. Guardian Life Ins. Co., 511 U.S. 375, 381-82 (1994). The dismissal hereunder shall be with prejudice if no action is taken under either alternative within sixty (60) days from the filing date of this order. IT IS SO ORDERED. s/Henry M. Herlong, Jr. Henry M. Herlong, Jr. Senior United States District Judge August 22, 2013 Greenville, South Carolina 2

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