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Contract analysis / notice-settlement-vacate-trial.docx
notice-settlement-vacate-trial.docx
1037-00004 · 4 clauses
High · 0 Medium · 2 Standard · 1
I. Procedural Background Standard
⚑ Commercial term
I. Procedural Background A brief recitation of the procedural history is provided for the convenience of the Court. On May 9, 2024, Plaintiff Apex Surgical Innovations, Inc. ("Apex") filed its Complaint in this Court, alleging that Solstice's PrecisionEdge™ line of laparoscopic trocar assemblies—specifically the PE-5000 Series, PE-12000 Series, and PE-15000 Series—infringes three Apex utility patents: United States P
II. Notice of Settlement Medium
⚑ Notice / time limit to track
II. Notice of Settlement The parties are pleased to inform the Court that they have reached a full and final settlement of all matters in controversy in this action. On June 10, 2025, the parties executed a binding Term Sheet memorializing the principal terms of a license-and-dismissal settlement, including the material commercial terms, the scope of mutual releases, and the form and timing of the contemplated dismis
III. Request to Vacate the Trial Date and All Remaining Pretrial Deadlines Medium
⚑ Liability cap to check against exposure
III. Request to Vacate the Trial Date and All Remaining Pretrial Deadlines In light of the foregoing settlement, the parties respectfully and jointly request that the Court enter an Order vacating the jury trial date of September 30, 2025, as well as all remaining pretrial deadlines and obligations set forth in the Scheduling Order entered on July 2, 2024, including but not limited to all deadlines for pretrial memor
IV. Conclusion
IV. Conclusion Counsel for both parties wish to express their sincere gratitude to the Court for its careful and efficient management of this case throughout the course of the litigation. The Court's thoughtful Claim Construction Order and its guidance at each stage of the proceedings contributed meaningfully to the parties' ability to evaluate their respective positions and ultimately reach a resolution. The parties