Trillium Partners, L.P. v. Sherratt Reicher

Summary

The United States District Court for the Central District of California dismissed the action without costs and without prejudice after counsel advised that the remaining parties had settled. The court retained jurisdiction and allowed the parties to reopen the action for good cause by December 22, 2025, if the settlement was not consummated.

Holdings

1. The court dismissed the action without costs and without prejudice because counsel advised that the action had been settled as to the remaining parties.
2. The court retained full jurisdiction over the action and authorized reopening for good cause shown by December 22, 2025 if the settlement was not consummated.

Questions Presented

1. Whether the court should dismiss the settled action without prejudice while retaining jurisdiction to reopen it if the settlement is not consummated.

Disposition

dismissed