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HARBOR INS. CO. v. SCHNABEL FOUND. CO.

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA


September 26, 1997

HARBOR INSURANCE COMPANY, Plaintiff,
v.
SCHNABEL FOUNDATION COMPANY, et al., Defendants.

The opinion of the court was delivered by: GREENE

JOINT STIPULATION

 The plaintiff, HARBOR INSURANCE COMPANY ("Harbor"), and the defendant, SCHNABEL FOUNDATION COMPANY ("Schnabel"), collectively referred to as "the parties", in order to finally terminate this litigation between them once and for all time, have entered into a settlement agreement, the relevant terms of which having been previously disclosed to the Court by Harbor. Accordingly, the undersigned attorneys for the parties hereby stipulate as follows:

 (1) The parties have fully compromised all issues as to all parties to this litigation.

 (2) The orders of judgments in favor of Harbor and against Schnabel entered by the Court on April 4 and July 29, 1997, respectively, have been fully satisfied by the aforementioned compromise and settlement between the parties and, hence, should be vacated by the Court in accordance therewith.

 (3) The parties respectfully request that, in light of this joint stipulation, that the Court enter a final order vacating the April 4 and July 29, 1997 orders of judgments, respectively, and dismissing this action with prejudice.

 SO STIPULATED BY THE PARTIES, this 18th day of August, 1997.

 Plaintiff HARBOR INSURANCE COMPANY

 By ROBERT E. HEGGESTAD (Bar# 953380)

 HEGGESTAD & WEISS, P.C.

 1301 K Street, NW

 West Tower - Suite 1050

 Washington, DC 20005-3807

 202-289-8333

 Its Attorney of Record

 Defendant SCHNABEL FOUNDATION COMPANY

 By ALEXANDER W. WHITAKER (Bar # 174508)

 4602 Tournay Road

 Bethesda, MD 20816-1841

 301-229-4970

 Its Attorney of Record

 This joint stipulation between the paries is APPROVED by the Court this 26th day of September 1997, and an order to these effects shall be enterred on even date herewith.

 HAROLD H. GREENE

 UNITED STATES DISTRICT JUDGE

 ORDER

 Upon consideration of the joint stipulation entered into by plaintiff Harbor Insurance Company ("Harbor") and defendant Schnabel Foundation Company ("Schnabel") which has been approved by the Court and filed on even date herewith, for good and sufficient cause shown, it is by the Court this 26th day of September, 1997, and the same hereby is

 ORDERED that the orders of judgments entered by the Court in favor of Harbor against Schnabel on April 4 and July 29, 1997, respectively, are hereby VACATED, and it is

 FURTHER ORDERED that this case is hereby DISMISSED WITH PREJUDICE.

 HAROLD H. GREENE

 UNITED STATES DISTRICT JUDGE

19970926

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