Delaware Business Litigation Report

District Court Grants Motion to Reopen and Vacates Stipulation of Dismissal

Money Centers of America, Inc. v. Regen, 2005 WL 2663709, (D.Del., October 17, 2005). Plaintiffs brought a Motion to Vacate Dismissal and Enforce Settlement Agreement. Defendants contended the court lacked subject matter jurisdiction to rule on the Motion. The Court vacated dismissal for the limited purposes of entering the settlement agreement on the record and allowing Plaintiffs to take Defendants' depositions with regard to assets available to satisfy the settlement agreement. Share