Quickutz In Settlement Talks Over Lawsuit

According to a motion filed today in United States District Court, Quickutz is in settlement talks with the supplier who filed suit against them on July 15th, alleging Quickutz owed them over $700,000 and had committed fraud in their business dealings.

Today’s motion to extend the time that Quickutz has to respond to the lawsuit was filed jointly by Bai-Win and Quickutz, stating that the companies “are currently engaged in settlement discussions, and the parties are hopeful that such discussions may lead to a resolution of this matter and an early dismissal of this case.” Currently Quickutz has until August 25th (Tuesday) to respond to the lawsuit. The motion to extend by the companies asks for the deadline to be extended until Friday, September 4th to provide more time for a settlement to be reached.

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