Swartz v. 27 Street Equities LLC
- Ronnie Abrams
- 1:19-cv-08428
- U.S. District Court · Southern District of New York
- 1
In Swartz v. 27 Street Equities LLC, Judge Abrams discontinued the settled-in-principle case without prejudice to timely restoration.
Helen Swartz and 27 Street Equities LLC; the action was closed following a reported settlement in principle.
What happened
Swartz v. 27 Street Equities LLC involved Helen Swartz and 27 Street Equities LLC. The court was told that the case had been settled in principle.
The court discontinued the action without costs to either party. The case could be restored if an application was made within 30 days, and the Clerk of Court was directed to close it.
Judge Ronnie Abrams also stated that any request for the court to keep power to enforce the settlement had to place the settlement terms on the public record and obtain the court’s approval within the same 30-day period.
The detailed version
- Swartz v. 27 Street Equities LLC · No. 1:19-cv-08428
- Ronnie Abrams
- Dec. 2, 2019
Background
The court stated that it had been informed that the case had been settled in principle. The opinion does not provide the settlement’s terms or describe the underlying claims.
Order
The court ordered that the action be discontinued without costs to any party and without prejudice to restoring it to the court’s docket if an application to restore was made within 30 days. It warned that an application filed after that period could be denied solely because it was late. The Clerk of Court was directed to close the case.
The court also stated that, if the parties wanted the court to retain jurisdiction—that is, continuing authority—to enforce a settlement agreement, the agreement’s terms had to be placed on the public record and approved by the court within the same 30-day period. The order did not decide the underlying claims.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.