Saffer v. Convalt Energy, Inc.
- Barbara Moses
- 1:24-cv-01850
- U.S. District Court · Southern District of New York
- 1
In Saffer v. Convalt Energy, Judge Schofield ordered settlement papers, canceled proceedings, and closed a motion after the parties reported agreement in principle.
The parties to the proposed settlement—Robert Saffer, Convalt Energy, Inc., and Hari Achuthan—and the scheduled conferences and trial.
What happened
In Saffer v. Convalt Energy, Inc., the court was informed that the parties had reached a settlement agreement in principle.
The court ordered the parties to submit the settlement agreement and a joint letter with evidence supporting findings that the settlement was fair and reasonable by September 20, 2024. It also canceled all conferences and the trial.
Judge Lorna G. Schofield directed the Clerk of Court to close the motion listed at Docket No. 54. The order did not decide the underlying dispute or approve the settlement in this text.
The detailed version
- Saffer v. Convalt Energy, Inc. · No. 1:24-cv-01850
- Barbara Moses
- Sept. 9, 2024
Background
On September 6, 2024, the court was informed that the parties had reached a settlement agreement in principle.
Order
The court ordered the parties to submit two items by September 20, 2024: (1) the settlement agreement and (2) a joint letter with supporting evidence addressing the findings needed for the court to approve the settlement as fair and reasonable. The order cited decisions describing the standards and factors used to evaluate proposed settlements.
The court also ordered that all conferences and the trial were canceled. The Clerk of Court was directed to close the motion at Docket No. 54.
Effect
This order did not state that the settlement was approved and did not decide the underlying claims. It addressed the proposed settlement and related case scheduling.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.