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S.D.N.Y.Procedural orderFiled Aug. 16, 2024

Falcon v. JP Morgan Chase Bank, N.A.

Judge
Valerie Caproni
Docket
1:23-cv-08566
Court
U.S. District Court · Southern District of New York
Pages
2
Civil ProcedureContract
In one sentence

In Falcon v. JP Morgan Chase Bank, Judge Caproni dismissed the settled case with prejudice and without costs, while allowing limited reopening requests.

Who this affects

Enrique Falcon and JP Morgan Chase Bank, N.A. The order canceled the case’s remaining deadlines, closed the case, and set conditions for any request to reopen it or for the court to retain authority to enforce the settlement.

What happened

In Falcon v. JP Morgan Chase Bank, N.A., the court was notified that the parties had reached an agreement on all issues through the magistrate judge. The opinion does not describe the agreement’s terms.

The court canceled all scheduled conferences and deadlines, dismissed the case with prejudice and without costs, including attorneys’ fees, terminated all open motions, and closed the case.

Judge Valerie Caproni said the parties could ask to reopen the case within 60 days if they showed good cause. They could also ask the court to retain authority to enforce their settlement by submitting the agreement and a separate request within that period.

The detailed version

For law students, journalists, and other readers who want the full reasoning

Case
Falcon v. JP Morgan Chase Bank, N.A. · No. 1:23-cv-08566
Judge
Valerie Caproni
Date
Aug. 16, 2024

Background

On August 15, 2024, the court was notified that the parties had reached an agreement on all issues through the magistrate judge. The opinion does not state the terms of that agreement.

Court’s Action

The court canceled all previously scheduled conferences and other deadlines. It dismissed the case with prejudice and without costs, including attorneys’ fees, to either party. The clerk was directed to terminate all open motions and close the case.

The court stated that, within 60 days, the parties could apply to reopen the case. Such an application had to show good cause for keeping the case open in light of the settlement. The court warned that a request filed after 60 days, or without a showing of good cause, could be denied solely on that basis.

The court also explained that, if the parties wanted it to retain jurisdiction—legal authority—to enforce their settlement agreement, they had to submit the agreement under Rule 7.A of the court’s Individual Practices and request an order expressly retaining that authority, both within the same 60-day period.

Disposition

Judge Valerie Caproni dismissed the case with prejudice and without costs, terminated the open motions, and closed the case. The order did not decide the underlying dispute on its merits.

The authoritative version

Read the full 2-page opinion on CourtListener, the free public archive maintained by the Free Law Project.

Open opinion PDF →
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