USVI Stipulation of Dismissal After Settlement

GOVERNMENT'S STIPULATION OF DISMISSAL Government of the United States Virgin Islands v. JPMorgan Chase Bank, N.A. S.D.N.Y. No. 1:22-cv-10904 Filed: October 16, 2023 This stipulation records the formal dismissal of the U.S. Virgin Islands' claims against JPMorgan Chase Bank, N.A. The filing states that the dismissal was submitted under Federal Rule of Civil Procedure 41(a)(1)(A)(ii) and was made pursuant to the settlement agreement entered by the parties on September 29, 2023. The operative legal effect is dismissal with prejudice. That means the USVI's claims against JPMorgan in this case could not be refiled in the same form after the settlement. The stipulation itself does not recite the settlement payment, compliance terms, or public-interest undertakings. It simply ties the court dismissal to the parties' settlement agreement and places the dismissal on the SDNY docket. The document also reflects the procedural posture of the case at resolution. JPMorgan had brought third-party claims against James Edward Staley, and the caption still lists JPMorgan as defendant and third-party plaintiff. Separate stipulations and orders addressed related dismissals and closure of the case. For archive users, this filing is the settlement hinge: it is the court document that converts the public litigation into a dismissed action. It should be read together with the complaint, summary-judgment filings, and the later order closing the case to understand how the bank-liability suit ended before trial. Source: SDNY / CourtListener RECAP Available at: https://storage.courtlistener.com/recap/gov.uscourts.nysd.591653/gov.uscourts.nysd.591653.346.0.pdf