Sutton Settlement Agreement Orders
The Sutton Settlement Agreement discussed in detail in the Trustee's Sixth Report to Court contemplated certain parties requesting certain orders from the Court and the Class Action Court.
On July 5, 2023, the Court granted the following orders:
An order dismissing Olympia Trust Company’s Third Party Claim against ADI DEVELOPMENTS (LINK) INC. (F.K.A. ADI DEVELOPMENTS SUTTON INC.), ADI DEVELOPMENT GROUP INC. and TARIQ ADI with prejudice and without costs; and,
An order granting Sutton Plaintiff’s Counsel leave to dismiss the Sutton Class Proceeding as against the named ADI defendants and dismissing the Sutton Class Proceeding as against the named ADI defendants with prejudice and without costs.
Copies of the orders granted on July 5, 2023 are available below.
