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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK IN RE LIVEN, INC. POTHOLDERS SECURITIES LITIGATION Master File No. 98 CIV. 7161 (VM) NOTICE OF PARTIAL SETTLEMENT OF CLASS ACTION AND SETTLEMENT

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How to fill out notice of partial settlement

How to fill out a notice of partial settlement:

01

Begin by identifying the parties involved in the settlement. Include the names and contact information of both the plaintiff and defendant.

02

Clearly state the case number and court in which the lawsuit is being heard. This information is crucial for accurate filing and record-keeping purposes.

03

Provide a concise summary of the terms of the partial settlement. Include details such as the amount of money being agreed upon, any property or assets being transferred, or any other obligations being assumed by either party.

04

Indicate whether the partial settlement is being reached without prejudice or with prejudice. If it is without prejudice, it means that the parties can continue with litigation on any remaining issues. If it is with prejudice, it means that the settlement fully resolves all claims and the case is dismissed.

05

Ensure that the notice is dated and signed by both parties. This serves as evidence that the settlement is entered into voluntarily and that both parties agree to its terms.

06

Once the notice is completed, make copies for all parties involved, including the court and any legal representation. It is essential to keep a record of the notice for future reference or in case any disputes arise.

07

Attach any necessary supporting documents, such as a detailed breakdown of the settlement amount, any relevant agreements or contracts, or any other relevant evidence that substantiates the terms of the partial settlement.

Who needs a notice of partial settlement?

A notice of partial settlement is typically needed in civil lawsuits where parties reach an agreement to settle part of the case while other issues remain unresolved. This notice is required to inform the court, the opposing party, and any relevant parties involved of the partial resolution. All parties involved in the lawsuit, including the plaintiff, defendant, and their legal representation, should receive a copy of the notice of partial settlement. Additionally, the court requires this notice for proper documentation and to ensure compliance with legal procedures.

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