Opinion
Case No. C-00-0212 BZ, [Related Case No. C-02-4671 BZ]
April 28, 2003
Edward Egan Smith, Steyer Lowenthal Boodrookas Alvarez Smith LLP, Attorneys for International Microcomputer Software, Inc.
Kenneth B. Wilson and Alison C. Pauly, Perkins Coie LLP, Attorneys for Imageline, Inc. and George Riddick
STIPULATION AND ORDER VACATING JUDGMENT AND DISMISSING ACTION WITH PREJUDICE
WHEREAS, petitioner Imageline, Inc. ("Imageline") and respondent International Microcomputer Software, Inc. ("IMSI") have entered into a written Settlement Agreement and Mutual General Release dated April 18, 2003 ("Settlement Agreement") fully and finally resolving, among other things, the above-entitled action; and
WHEREAS, the Settlement Agreement provides, among other things, that the $2,609,531.20 Judgment entered in this action against IMSI and in favor of Imageline on February 29, 2000 be vacated and this action dismissed with prejudice, each side to bear its own costs;
NOW, THEREFORE, Imageline and IMSI, through counsel, hereby enter into the following stipulation:
1. The $2,609,531.20 Judgment entered in this action against IMSI and in favor of Imageline on February 29, 2000 shall be vacated and set aside, and said Judgment shall be of no further force and effect; and
2. The above-entitled action shall be dismissed in its entirety with prejudice, each side to bear its own costs.