vBulletin and XenForo Finally Settle Case!

[vijayninel]

MINUTES OF Settlement Conference held before Magistrate Judge Victor B. Kenton:The Court met with counsel for a continued session of settlement discussions, and the matter did result in a full and complete settlement. It was agreed on the record that the Settlement Agreement and Mutual Release constitutes a binding settlement in this matter.The Court notes that the Settlement Agreement and Mutual Release must still be executed by the parties,and further notes that it is provided therein that within five (5) business days of the parties execution of the document, Plaintiff shall file a Notice of Dismissal With Prejudice.The Court advised counsel to contact the District Court with regard to any pending hearings.Court Recorder: c/s. (rh)

Apparently Internet Brands and Xenforo decided to settle their dispute case earlier last week without going to trial.

The exact terms of the settlement are not known till now So far there has been no official word from IB or Xenforo. I wish that the companies at least told us if this would have any impact on customers and their licences.

The settlement has only been reached in the U.S. but it is likely that the U.K case would be wound up soon on similar terms.

I wonder if anyone here has any inside info/clues of the settlement and if they could share it with us.