Irwin Industrial Tool Company et al v. Worthington Cylinders Wisconsin, LLC et al

Filing 378

ORDER. Signed by District Judge Martin Reidinger on 2/13/2013. (eef)

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IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF NORTH CAROLINA CHARLOTTE DIVISION CIVIL CASE NO. 3:08-cv-00291 IRWIN INDUSTRIAL TOOL COMPANY, d/b/a BernzOmatic and NEWELL OPERATING COMPANY, ) ) ) ) Plaintiffs, ) ) ) vs. ) ) ) WORTHINGTON CYLINDERS WISCONSIN, ) LLC, WORTHINGTON CYLINDER ) CORPORATION, and WORTHINGTON ) INDUSTRIES, INC., ) ) Defendants. ) ____________________________________ ) ORDER THIS MATTER is before the Court to exonerate the surety bonds posted by the Defendants herein. On June 1, 2010, the Court granted the Defendants’ Motion to Stay pending the determination of certain post-trial motions on condition that the Defendant post a bond in the amount of $14,340,534.00. [Doc. 312]. The Plaintiffs posted such bond on June 9, 2010. [Doc. 318]. The Defendants subsequently filed a second bond, increasing the bond amount to $15,837,672.88. [Doc. 343]. On July 6, 2011, the parties filed a stipulation of dismissal of this action. Therefore, there is no further liability on the Defendants’ bonds. IT IS, THEREFORE, ORDERED that the bonds referenced in this Order are hereby exonerated, and the Clerk of Court shall write across the face of each of the original bonds that each has been exonerated, shall scan such writing into the record, and shall return the original bonds along with a copy of this Order to the appropriate attorneys. IT IS SO ORDERED. Signed: February 13, 2013 2

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