According to court documents obtained by The Blast, Mauricio and his real estate company, The Agency, have hashed out a deal with Sweetwater Malibu LLC, who sued them over the sale of a $32 million Malibu mansion.
The case has dragged on for over a year and Mauricio has been hit with multiple lawsuits over the home sale.
In newly filed documents, the parties informed the court they recently participated in a mediation before a private judge. Mauricio and the company informed the court that they “are in agreement on the principal terms of a settlement that would resolve the case.”
The case was headed to trial on March 31, 2020. They are asking the court to set a hearing later this month in hopes of avoiding the trial with their finalized settlement.
The documents request, “WHEREAS, to facilitate the resolution of the parties’ settlement and the issues with DOJ, the parties hereto agree that the trial date and discovery dates should be continued for a short period of time to enable these matters to be addressed or, if necessary, resolved by the Court.”