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Monday, July 13, 2015 8:52:02 AM
Gel Properties, LLC v. One World Holdings, Inc.
Case Number: 1:2015cv01217
Tuesday, May 12, 2015
STIPULATION AND AGREEMENT OF SETTLEMENT: Plaintiff, Gel Properties, LLC (GEP or Plaintiff) and Defendant, One World Holdings, Inc. (OWOO or Defendant) hereby enter into this Stipulation and Agreement of Settlement (the "Settlement Agreement"), subject to the approval of the District Court. IT IS HEREBY STIPULATED AND AGREED:
1. OWOO agrees and shall pay to GEP the sum of $98,000.00 in three separate payments and subject to adjustments pursuant to the terms of this Settlement Agreement (the "Payments"), as follows: a. OWOO shall pay GEP the first Payment of $20,000.00 on or before May 21, 2015; b. OWOO shall pay GEP the second Payment of $45,000.00 on or before July 2, 2015; c. OWOO shall pay GEP the third Payment of $33,000.00 on or before August 13, 2015, and the following as further set forth herein. The Parties agree that Judge Lorna G. Schofield of the Southern District of New York maintains jurisdiction of this matter, including this Settlement Agreement. (Signed by Judge Lorna G. Schofield on 5/6/2015)
LG Capital Funding, LLC v. One World Holdings, Inc.
Case Number: 1:2015cv00698
Status – LG requesting default judgment against OWOO - pending
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