Not what you're
looking for? Try an advanced search.
ELMER and KATHY BUICK v. ORDER WORLD SAVINGS BANK
November 30, 2010
ELMER AND KATHY BUICK,
PLAINTIFFS,
v.
ORDER WORLD SAVINGS BANK, TRANSAMERICAN FINANCIAL CORPORATION, DEFENDANTS.
The opinion of the court was delivered by: Morrison C. England, Jr. United States District Judge
This action arises out of a mortgage loan transaction
between Plaintiffs, Elmer and Kathy Buick ("Plaintiffs"), World
Savings Bank, n/k/a Wachovia Mortgage ("World"), and Transamerican
Financial Corporation ("Transamerican", collectively "Defendants").
Presently before the Court is Plaintiffs' Motion to Dismiss World
pursuant to Federal Rule of Civil Procedure 41(a)(2).*fn1
Plaintiffs have settled with World, who have subsequently
fulfilled their obligations under the terms of their settlement
agreement.
Plaintiffs now seek to dismiss World as a Defendant with prejudice. This will leave Transamerican as the only remaining Defendant.
An action may be dismissed at the plaintiff's request by court order, on terms that the court considers proper according to Rule 41(a)(2). A plaintiff is generally permitted to dismiss an action without prejudice, so long as any defendant will not be prejudiced by such action. See Stevedoring Services of America
v. Armilla Intern. B.V., 889 F.2d 919, 921 (9th Cir. 1989). When dismissal by consent or stipulation of the parties follows a compromise or settlement of the suit, the dismissal is intended to operate as an end to litigation, and the dismissal is entered with prejudice. See e.g. Goddard v. Security Title Insurance & Guarantee Co., 14 Cal. 2d 47, 55 (1939); O'Connor v. Colvin, 70
F.3d 530, 531 (9th Cir. 1995).
Transamerican has not filed any opposition to Plaintiffs'
Motion to Dismiss Defendant World. Because there is no prejudice to the remaining Defendant, and World has settled with Plaintiffs thereby ending its involvement in the suit, the Motion to Dismiss Defendant World is GRANTED with prejudice.*fn2