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|Lawsuit: Hyperion und Cloanto allegedly close to a settlement again|
A year ago, Hyperion and Cloanto asked the judge presiding their lawsuit to extend a deadline because they were allegedly close to finalizing a settlement. A few days later, the negotiations were aborted.
In another motion dated January 20th, both Parties address the judge again, asking for another extension. They announce that settlement discussions had been resumed in October 2020 and that "on Thursday of last week, the Parties reached the terms of settlement on the main agreement".
The motion goes on to explain that "the only tasks that need to be completed are for the Parties to attend to seven ancillary documents, including an assignment and novation agreement, mutual releases, stipulations of dismissal, and documents related to a proceeding in Belgium." (cg)
[News message: 22. Jan. 2021, 22:56] [Comments: 0]
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