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Cyclacel Pharmaceuticals, Inc. (CYCC) Message Board

  • spook2b spook2b Apr 5, 2013 12:35 PM Flag

    Court document on settlement

    In reading the various reports yesterday on the settlement, there wasn't much detail on the settlement. For one thing, I was curious as to court costs. This morning I looked at the court docket to see if there was more detail.

    04/03/2013 137 STIPULATION of Dismissal Joint Stipulation and Order for Dismissal with Prejudice by Cyclacel Pharmaceuticals Inc.. (Cottrell, Frederick) (Entered: 04/03/2013)
    04/04/2013 138 SO ORDERED, re 137 Stipulation of Dismissal filed by Cyclacel Pharmaceuticals Inc. Signed by Chief Judge Gregory M. Sleet on 4/4/2013. (asw) (Entered: 04/04/2013)
    04/04/2013 CASE CLOSED (asw) (Entered: 04/04/2013)
    ====================================
    The first surprise was that a stipulation for dismissal was filed on 4/3, so anyone following closely probably knew before the 4/4 announcement. Of course, the Judge didn't okay that stipulation until 4/4. In reading the wording of docket #137, I found that "each party shall bear its own costs and attorneys' fees with respect to the matters dismissed hereby."

 
CYCC
3.13+0.04(+1.29%)Jul 23 4:00 PMEDT

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