Armando S. Ng, et al. vs. Jeffrey L. Tan, et al.

[SEC-SICD * CASE NO. 02-94-4691. March 6, 1995.] ARMANDO S. NG, ET AL. , petitioners , vs . JEFFREY L. TAN, ET AL. , respondents . D E C I S I O N For resolution is the Joint Motion To Dismiss (With Prejudice), dated February 8, 1995, filed by the herein parties. IcESaA In their aforementioned joint motion, the parties allege that during the intervening period when the hearing was last reset, they (parties) and their counsels, heeding the prodding of this Commission, continuously met and/or communicated with each other for an amicable settlement of this case. After several conferences and in keeping a very liberal and open mind on the subject matter in the case at bar, they (parties) have discovered that the instant action arose out of misunderstanding. That on February 8, 1995, an agreement of even date was executed and signed by all of the parties concerned. In order to terminate all the pending cases for and against each other, specifically this case, they (parties) agreed to settle their differences and waive any and all claims or counterclaims against each other, thus, this instant motion. After a careful examination of the allegations of the herein parties in their aforementioned motion and finding the same to be well-taken and in order, this Hearing Officer grants the same. Accordingly, this case is hereby dismissed with prejudice. LibLex SO ORDERED. (SGD.) ROGELIO C. SESCON Hearing Officer