Samsung settles!
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Date Filed
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#
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Docket Text
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08/17/2009
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173
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Joint MOTION to Stay by Samsung Electronics America, Inc., E.Digital Corporation. (Attachments: # 1 Text of Proposed Order)(Yungwirth, Matthew) (Entered: 08/17/2009)
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Plaintiff e.Digital Corporation (“e.Digital”) and Defendant Samsung Electronics
America, Inc. (“Samsung”), the two remaining parties in the above-styled action, hereby move
for a stay, through September 18, 2009, of this action as it relates to the claims and counterclaims
that e.Digital and Samsung have asserted against each other. In support of this Joint
Motion, e.Digital and Samsung state as follows:
1. e.Digital and Samsung have reached a settlement in principal of their dispute and
they are negotiating the final terms of a settlement agreement. e.Digital and Samsung expect to
finalize the settlement agreement and file a joint dismissal of their claims and counter-claims
against each other by September 18, 2009.
2. In light of the impending dismissal of e.Digital’s and Samsung’s claims and
counter-claims against each other, a stay is necessary to avoid the parties expending unnecessary
costs and resources.
3. The granting of this Motion will not prejudice any party and is being sought in
good faith and not for the purpose of delay or any other improper purpose.
WHEREFORE, Plaintiff e.Digital Corporation and Defendant Samsung Electronics
America, Inc. respectfully request that the Court grant their Joint Motion for Stay and enter the
proposed order attached hereto.
Respectfully and jointly submitted this 17th day of August, 2009,
