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Back in July, Spice Jazz and Youngevity said that they had settled their ongoing lawsuit.

In August, the JRJR33 Bankruptcy Trustee filed a motion asking for approval of a settlement between Spice Jazz and Youngevity.

The motion was granted on September 13.

As explained in the Bankruptcy Trustee’s motion;

In the California Action, the parties have spent years preparing their claims. They have done a lot of written discovery, depositions, practice with motions to end the case, and settlement conferences with the court.

In the end, it’s a no-win situation because it’s getting more and more expensive to keep pursuing the claims, there’s a chance of a bad judgment, and even if the case is won, there’s no guarantee that the money will be collected.

In these situations, the only sensible thing to do is to stop wasting money and leave.

Because of these things, the Trustee agrees with the California Action compromise that lets both sides walk away.

In that case, both sides have agreed to let each other go.

Each side will pay for its own lawyer fees and costs.

Both Spice Jazz’s claims and Youngevity’s counterclaims have been settled by the agreement.

The bankruptcy proceedings for JRJR33 keep going.

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