Court of Civil Appeals of Texas, 2012

the Peterson Group, Inc., PGI Development Group, LP, and Wellington Yu v. PLTQ Lotus Group, L.P. and Cubo Group, L.L.C.

the Peterson Group, Inc., PGI Development Group, LP, and Wellington Yu v. PLTQ Lotus Group, L.P. and Cubo Group, L.L.C.
Court of Civil Appeals of Texas · Decided October 3, 2012

the Peterson Group, Inc., PGI Development Group, LP, and Wellington Yu v. PLTQ Lotus Group, L.P. and Cubo Group, L.L.C.

Opinion

COURJ" OF APPEALS FOR THE FIRST DISTRICT OF TEXAS AT HOUSTON ORDER

Cause No. 01-10-00529-CV, The Peterson Group, Inc., PGI Development Group, L.P., and Wellington Yu, Appellants v. PLTQ Lotus Group, L.P. and CUBO Group, L.L.C., Appellees On Appeal from the 152nd District Court of Harris County, Texas Trial Court Cause No. 2006-36672 This case was submitted to the Court with oral argument on October 18, 2011. On October 20, 2011, the Court ordered the parties to mediation, and approximately one month later, the mediator informed the Court that the case had settled during mediation. On January 20, 2012, the parties filed a joint motion to abate the appeal for "240 days or until the parties jointly notify this Court that the obligations under the settlement agreement have been satisfied." This Court abated the appeal until September 17, 2012, to afford the parties an opportunity to effectuate the provisions of their settlement agreement.

On September 21, 2012, the parties filed a joint status update informing the Court that they have been unable to satisfy one or more of the settlement obligations and that there is a pending live controversy that has not yet been resolved through settlement.

Accordingly reinstate this appeal on the Court’s active docket.

Judge’s signature: /s/Michael Massengale Justice Michael Massengale, acting individually Date: October 3, 2012

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