Wed, Jul 23, 2014, 5:45 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

On Track Innovations Ltd. Message Board

  • ken_wolk ken_wolk Feb 25, 2014 5:39 PM Flag

    LEIGHTON TECHNOLOGIES LLC, and OTI have settled the case Order of Discontinuance

    KATHERINE POLK FAILLA, United States District Judge:
    By letter dated February 24, 2014 the parties reported to the Court that they have reached
    a settlement in this case. Accordingly, it is hereby:
    ORDERED that this action be conditionally discontinued without prejudice and without
    costs; provided, however, that within thirty (30) days of the date of this Order, the parties may
    submit to the Court their own Stipulation of Settlement and Dismissal for the Court to So Order.
    Otherwise, within such time Plaintiff may apply by letter for restoration of the action to the
    active calendar of this Court in the event that the settlement is not consummated.Upon such
    application for reinstatement, the parties shall continue to be subject to the Court's jurisdiction,
    the Court shall promptly reinstate the action to its active docket, and the parties shall be directed
    to appear before the Court, without the necessity of additional process, on a date within ten (10)
    days of the application, to schedule remaining pretrial proceedings and/or dispositive motions, as
    appropriate. This Order shall be deemed a final discontinuance of the action with prejudice in
    the event that Plaintiff has not requested restoration of the case to the active calendar within such
    30-day period.
    February 24, 2014
    USDC SDNY
    DOCUMENT
    ELECTRONICALLY FILED
    DOC #: _________________
    DATE FILED: ______________
    Case 1:13-cv-08037-KPF Document 13 Filed 02/24/14 Page 1 of 2
    The Clerk of Court is directed to terminate all pending motions, adjourn all remaining
    dates, and to close this case.
    SO ORDERED.
    Dated: February 24, 2014
    New York, New York

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
OTIV
2.21-0.08(-3.49%)Jul 23 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.