Southfield Capital, LP v. Stonington Capital Advisors, LLC

Background

Southfield Capital, LP filed a petition asking the court to confirm an arbitration award. The petition was filed on August 20, 2024. The court explained that proceedings to confirm an arbitration award are treated like a motion for summary judgment, meaning the parties must present the evidence supporting their positions.

Briefing Schedule

The court ordered Southfield Capital to file and serve a statement required by Local Civil Rule 56.1, along with any additional supporting materials, by September 30, 2024. Stonington Capital Advisors, LLC and Stonington Drive Securities LLC must file opposition papers or a statement that they do not oppose the petition by October 14, 2024. Southfield Capital may file a reply by October 21, 2024.

Relatedness and Disposition

The court received Southfield Capital's statement of relatedness concerning an earlier case, No. 20 Civ. 6053. Under the applicable court rule, civil cases generally are not considered related unless both cases are pending before the court or the earlier case is on appeal. Because the earlier case was closed, the court retained this matter. The order set procedures and deadlines; it did not rule on the merits of the petition or confirm or reject the arbitration award.