YATES/CHAIX SETTLE

Yates & Associates Insurance Services and R.E. Chaix & Associates agreed to an out-of-court settlement in the lawsuit filed March 16, 2000, by Santa Ana-based Yates against Newport Beach-based Chaix. Orange County Superior Court granted Yates a temporary restraining order against Chaix on March 20 after George Michael Ravelo and Colleen Hippard resigned from Yates and relocated to Chaix. The TRO was dismissed in June.