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Agenda 06/11/2013 Item #16K16/11/2013 16. K.1. EXECUTIVE SUMMARY Recommendation to approve and authorize the Chairwoman to execute a Settlement Agreement in the lawsuit entitled Lowe's Home Centers, Inc., v. Kohl's Department Stores, Inc., et al., filed in the Twentieth Judicial Circuit in and for Collier County, Florida (Case No. 08- 6373 -CA). OBJECTIVE: Recommendation to approve settlement in the lawsuit filed by Lowe's Home Centers, Inc., v. Kohl's Department Stores, Inc., et al., filed in the Twentieth Judicial Circuit in and for Collier County, Florida (Case No. 08- 6373 -CA) and authorize the Chairwoman to execute the Settlement Agreement. CONSIDERATIONS: This litigation stems from the installation of a median between the Lowe's Home Centers, Inc. and Kohl's Department Stores, Inc. Lowe's filed suit against Kohl's seeking removal of the median and monetary damages. Kohl's filed a Third Party Complaint against the County alleging counts of Contribution, Common -Law Indemnification and Equitable Subrogation. The parties have engaged in settlement negotiations and have tentatively, pending Board approval, agreed to resolve this case with each party to bear its own attorneys' fees and cost. The County will be dismissed from the lawsuit without paying any damages, attorney fees or costs. FISCAL IMPACT: None. GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. LEGAL CONSIDERATIONS: The County Attorney's Office has reviewed this settlement and recommends that the Board of County Commissioners approve this Settlement Agreement. This item is approved as to form and legality and requires majority vote for approval. — KLN RECOMMENDATION: For the Board of County Commissioners to accept the settlement in the lawsuit filed by Lowe's Home Centers, Inc., v. Kohl's Department Stores, Inc., et al., and authorize the Chairwoman to execute the Settlement Agreement. Prepared by: Kevin L. Noell, Assistant County Attorney 08- 6373- CA/3522 Packet Page -1707- 6/11/2013 16. K.1. COLLIER COUNTY Board of County Commissioners Item Number: 16.16. K. 16. K. 1. Item Summary: Recommendation to approve and authorize the Chairwoman to execute a Settlement Agreement in the lawsuit entitled Lowe's Home Centers, Inc., v. Kohl's Department Stores, Inc., et al., filed in the Twentieth Judicial Circuit in and for Collier County, Florida (Case No. 08- 6373 -CA). Meeting Date: 6/11/2013 Prepared By Name: CrotteauKathynell Title: Legal Secretary,County Attorney 5/29/2013 10:12:21 AM Approved By Name: NoellKevin Title: Attorney of Record (CAO) Date: 5/29/2013 11:05:21 AM Name: GreenwaldRandy Title: Management/Budget Analyst,Office of Management & B Date: 5/29/2013 1:42:36 PM Name: KlatzkowJeff Title: County Attorney Date: 5/30/2013 8:28:37 AM Name: OchsLeo Title: County Manager Date: 5/30/2013 3:38:00 PM Packet Page -1708- 6/11/2013 16. K.1. SETTLEMENT AGREEMENT THIS SETTLEMENT AGREEMENT ( "Agreement ") is made this day of June, 2013 by and between LOWE'S HOME CENTERS, INC., a North Carolina corporation ( "Lowe's "), KOHL'S DEPARTMENT STORES, INC., a Delaware corporation ( "Kohl's "), and COLLIER COUNTY, a political subdivision of the State of Florida ( "Collier County ") (Lowe's, Kohl's and Collier County are also collectively, at times, referred to as the "parties" and, individually, as a "party "). RECITALS A. Certain differences previously arose between the parties as have been claimed and pled in that certain lawsuit styled Lowe 's Home Centers, Inc. v. Kohl's Department Stores, Inc., Case No. 08- 6373 -CA, in the Circuit Court of the Twentieth Judicial Circuit in and for Collier County, Florida, as well as in Appeal No. 2D08 -4942, previously pending before the Second District Court of Appeal in and for the State of Florida (collectively, the "Litigation "); B. The parties have determined that it is in their best and mutual interest to amicably settle the Litigation, as well as those issues raised, or which might have been raised, in the Litigation without further hardship, cost and expense; C. By entering into this Agreement, neither party is admitting any sort of liability or fault on such party's behalf, but rather have determined to settle and compromise all claims asserted by, or which may have been asserted by, the parties in order to resolve their differences and avoid the financial expense and burden of protracted and complex litigation; D. The parties hereto desire to enter into this Agreement to memorialize their agreements and understandings with respect to the settlement. NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby acknowledged, the parties hereby agree as follows: Recitals: The above recitals are true and correct and are incorporated herein by reference. 2. Dismissal with Prejudice: Concurrent with the execution of this Agreement, the parties shall, through their respective counsel of record, file a stipulation for dismissal with prejudice of the Litigation in its entirety, with each party to bear their own attorneys' fees and costs. The stipulation of dismissal shall be in the form attached hereto as EXHIBIT A. Bear Own Attorneys' Fees: The parties agree that each party hereto shall bear its or their own attorneys' fees and costs incurred by said party as a result of the Litigation and this Agreement, and expressly waive any future claim for or entitlement to attorneys' fees or costs related in any manner to the Litigation or this Agreement. 4. Release: Except for the mutual promises and obligations set forth in this Agreement,.,.. the parties do hereby and by these presents for their respective successors, assigns, 1 Packet Page -1709- 6/11/2013 16.K.1. heirs, personal representatives, legatees, devisees, agents, representatives, principals, shareholders, directors, officers, employees, past, present and future owners, parent corporations, related or affiliated companies, subsidiaries, accountants, attorneys, auditors, consultants, insurers and re- insurers, and their respective successors and predecessors in interest, and for anyone claiming by, through or under said parry, fully remise, waive, release, acquit, and forever discharge, the other party and their respective successors, assigns, heirs, personal representatives, legatees, devisees, agents, representatives, principals, shareholders, directors, officers, employees, past, present and future owners, parent corporations, related or affiliated companies, subsidiaries, accountants, attorneys, auditors, consultants, insurers and re- insurers, and their respective successors and predecessors in interest, of and from any and all claims raised in the Litigation or which relate in any way to the concrete medians or Lowe's Northwest exit on the West road which are at issue in the Litigation. 5. Confidentiality: As of the Effective Date, the parties agree to keep the terms of this Agreement confidential; provided, however, that the parties may disclose the terms of this Agreement, as necessary: (a) to their respective accountants, tax advisors, financial consultants, family members and/or legal advisors who first agree to abide by the terms of this paragraph; (b) to their employees who first agree to abide by the terms of this paragraph; and (c) as required by law. Nothing contained herein is intended to prevent the parties from stating that this dispute has been resolved amicably or words to like effect. 6. Default: In the event of any default under any of the terms of this Agreement, including a breach of the confidentiality provision contained under paragraph 5 above, the non - defaulting party may institute legal proceedings or avail itself of any legal remedies available to such party. In the event of any such actions, or in the event of any action to enforce and /or interpret the terms of this Agreement, the prevailing party shall be entitled to an award of reasonable attorneys' fees, costs and expenses incurred in the action, all through any level of appeal. Entire Agreement: This Agreement contains the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes any and all prior or contemporaneous agreements, understandings, representations, or negotiations between the parties concerning such subject matter. No waiver, modification, alteration or amendment of any term, condition or provision of this Agreement shall be valid or of any force or effect unless in writing, signed by the party to be charged, and specifying with particularity the nature and extent of such waiver, modification, alteration or amendment. 8. Binding Nature: This Agreement shall be binding upon and shall inure to the benefit of all parties hereto, as well as their respective successors, assigns, heirs, personal representatives, legatees, devisees, agents, principals, shareholders, past, present and future owners, directors, officers, representatives, employees, parent corporations, related or affiliated companies, subsidiaries, consultants, insurers and re- insurers, and their respective successors and predecessors in interest. 2 Packet Page -1710- 6/11/2013 16.K.1. 9. Governing Law. Jurisdiction and Venue: This Agreement shall be governed by and construed in accordance with the laws of the State of Florida, without giving effect to the conflict of laws provisions. The parties agree that the sole and exclusive jurisdiction and venue of any action brought pursuant to this Agreement, to enforce the terms hereof, or otherwise with respect to the relationship between the parties created or extended pursuant hereto, shall solely lie in the court(s) of the State of Florida having jurisdiction over Collier County, Florida. 10. Mutual Negotiations: The parties hereto acknowledge that this Agreement is a result of mutual negotiations and is the joint product of the respective parties. Accordingly, the parties agree that this Agreement shall be fairly construed in accordance with the terms hereof and shall not be more strictly construed against any party. 11. Consideration: The parties acknowledge and agree that each is foregoing certain rights and assuming certain duties and obligations which, but for this Agreement, would not have been released or assumed. Further, each party will save on additional costs and attorney's fees that they would otherwise have spent but for this Agreement. Accordingly, the parties agree that this Agreement is fully and adequately supported by consideration and is fair and reasonable. 12. Counterparts and Facsimile Signatures: This Agreement may be executed in any number of counterparts (and by delivery of facsimile signature pages), each of which shall be deemed an original but all of which shall together constitute one (1) and the same instrument. A facsimile or electronic signature on this Agreement will be deemed to be equivalent to an original signature. 13. Authority: Each of the parties hereto acknowledge, represent and warrant that this Agreement has been duly authorized and approved by the proper representatives of said party and the undersigned has full power and authority to execute this Agreement on behalf of such party 14. Paragraph Headings: Captions and paragraph headings in this Agreement are for convenience and reference only and do not define, describe, extend or limit the scope or intent of this Agreement or any provision herein. IN WITNESS WHEREOF, all parties have executed this instrument as of the date first above written. LOWE'S HOME CENTERS, INC. a North Carolina corporation Its: KOHL'S DEPARTMENT STORES, INC. a Delaware corporation 0 Its: 3 Packet Page -1711- Date: , 2013 ATTEST: DWIGHT E. BROCK, CLERK , DEPUTY CLERK Approval for form 1 gal sufficiency: Kevin L. Noell Assistant County Attorney 4 6/11/2013 16. K.1. COLLIER COUNTY, a political subdivision of the State of Florida: Georgia A. Hiller, Esq., Chairwoman Collier County Board of County Commissioners Packet Page -1712- 6/11/2013 16. K.1. EXHIBIT A STIPULATION OF DISMISSAL WITH PREJUDICE 5 Packet Page -1713- 6/11/2013 16. K.1. IN THE CIRCUIT COURT OF THE TWENTIETH JUDICIAL CIRCUIT IN AND FOR COLLIER COUNTY, FLORIDA CIVIL ACTION LOWE'S HOME CENTERS, INC., a North Carolina corporation, Plaintiff, VS. KOHL'S DEPARTMENT STORES, INC., a Delaware corporation, Defendant. Case No. 08- 6373 -CA KOHL'S DEPARTMENT STORES, INC., a Delaware corporation, Third -Party Plaintiff, vs. COLLIER COUNTY, a political subdivision of the State of Florida, Third -Party Defendant. STIPULATION FOR DISNIISSAL WITH PREJUDICE THE PARTIES, by and through their undersigned counsel, hereby stipulate to the dismissal of this action in its entirety, with prejudice, and with each party to bear its or their respective attorneys' fees and costs. Respectfully submitted, GRANT FRIDKIN PEARSON, P.A. : Jeffrey D. Fridkin Florida Bar No. 0490245 5551 Ridgewood Drive, Suite 501 Naples, Florida 34108 (239) 514 -1000 (239) 514 -0377 (fax) Attorneys for Lowe's Home Centers, Inc. Rl QUARLES & BRADY, LLP mm Andrew G. Tretter Florida Bar No. 1395 Panther Lane, Suite 300 Naples, FL 34109 -7875 (239) 434 -4955 (239) 213 -5455 (fax) Attorneys for Kohl's Department Stores, Inc. Packet Page -1714- OFFICE OF THE COUNTY ATTORNEY LOOM Colleen M. Greene, Esq. Assistant County Attorney Florida Bar No. Collier County Attorney's Office 3299 E. Tamiami Trail, Ste. 800 Naples, FL 34112 (239) 252 -8400 (239) 774 -0225 (fax) Attorneys for Collier County, Florida 7 Packet Page -1715- 6/11/2013 16.K.1. IN THE CIRCUIT COURT OF THE TWENTIETH JUDICIAL CIRCUIT IN AND FOR COLLIER COUNTY, FLORIDA CIVIL ACTION LOWE' S HOME CENTERS, INC., a North Carolina corporation, Plaintiff, VS. KOHL'S DEPARTMENT STORES, INC., a Delaware corporation, Defendant. KOHL'S DEPARTMENT STORES, INC., a Delaware corporation, Third -Party Plaintiff, VS. COLLIER COUNTY, a political subdivision of the State of Florida, Third -Party Defendant. 6/11/2013 16. K.1. Case No. 08- 6373 -CA ORDER OF DISMISSAL WITH PREJUDICE THIS CAUSE having come before the Court on the Stipulation for Dismissal with Prejudice entered into between the parties, the Court having reviewed the file and being otherwise fully advised of the premises, IT IS HEREBY ORDERED AND ADJUDGED that the above- captioned case is hereby DISMISSED with prejudice in its entirety; IT IS FURTHER ORDERED AND ADJUDGED that each parry shall bear his/her or its respective attorneys' fees and costs. DONE AND ORDERED in chambers in Naples, Collier County, Florida this day of , 20` Conformed copies to: Jeffrey D. Fridkin, Esq. Andrew G. Tretter, Esq. Colleen M. Greene, Esq. HONORABLE FREDERICK R. HARDT Circuit Judge 8 Packet Page -1716-