Opinion
18-md-2865 (LAK)
03-29-2022
In re CUSTOMS AND TAX ADMINISTRATION OF THE KINGDOM OF DENMARK SKATTEFORVALTNINGEN TAX REFUND SCHEME LITIGATION This document relates to case no. 18-cv-09505.
HUGHES HUBBARD & REED LLP SEWARD & KISSEL LLP Marc A. Weinstein Mark J. Hyland Neil J. Oxford Thomas Ross Hooper Dustin P. Smith
HUGHES HUBBARD & REED LLP SEWARD & KISSEL LLP
Marc A. Weinstein Mark J. Hyland
Neil J. Oxford Thomas Ross Hooper
Dustin P. Smith
[PROPOSED] CONSENT JUDGMENT AND STIPULATION OF DISMISSAL WITH PREJUDICE
LEWIS A. KAPLAN, UNITED STATED DISTRICT JUDGE
WHEREAS, on June 14, 2018, plaintiff Skatteforvaltningen (“SKAT”) commenced this action against defendants SV Holdings, LLC Retirement Plan (“SV Holdings”), and Stephanie Tew, and on April 24, 2020, SKAT filed an amended complaint against the defendants (the foregoing collectively hereinafter referred to as the “Action”);
WHEREAS, SKAT and defendants SV Holdings and Stephanie Tew now wish to resolve all the claims SKAT asserted in the Action against SV Holdings and Stephanie Tew;
NOW THEREFORE, without trial or adjudication of issue of fact or law, and upon SV Holdings' and Stephanie Tews' consent, the Court finds that there is good and sufficient cause to enter this Consent Judgment, and that IT IS THEREFORE ORDERED, ADJUDGED, AND DECREED THAT:
1. This Consent Judgment is hereby entered in favor of plaintiff SKAT against defendant SV Holdings in the amount of $2,243,000 (US); and
2. Each party shall bear its own attorneys' fees and costs.
IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain jurisdiction of this matter for the purposes of enforcing the terms of this Consent Judgment.
IT IS FURTHER HEREBY STIPULATED AND AGREED by and between the parties and their respective counsel that the above-captioned action is voluntarily dismissed, with prejudice, against defendant Stephanie Tew pursuant to Federal Rules of Civil Procedure 41 (a)(l)(A)(ii), with each party bearing its own attorneys' fees, costs, and expenses.
IT IS FURTHER HEREBY STIPULATED AND AGREED by and between the parties and their respective counsel that the above-captioned action is voluntarily dismissed, with prejudice, against defendant Stephanie Tew pursuant to Federal Rules of Civil Procedure 41(a)(1)(A)(ii), with each party bearing its own attorneys' fees, costs, and expenses.
SO ORDERED: