GGC International Limited v. Ver

Background

GGC International Limited sued Roger Ver, who asserted counterclaims against GGC International. The parties’ counsel told the court that GGC International and Ver were the only parties then remaining and had reached a settlement in principle concerning GGC International’s claims and Ver’s counterclaims. With Ver’s consent, GGC International requested a 30-day stay of all further proceedings so the parties could memorialize the proposed settlement and later update the court.

Ruling on the Stay

The court denied the motion to stay. It cited the district court’s inherent authority to control the cases on its docket and stay an action as part of that authority, but explained that Ver had indicated he might seek permission to amend his Third-Party Complaint. The court directed GGC International and Ver to file a status letter by April 7, 2025, advising whether any settlement had been finalized. The opinion does not state that the settlement was completed.

Other Directions

The court stated that it had received the parties’ letter briefs concerning subject-matter jurisdiction, meaning the court’s authority to hear the case, and had taken those briefs under advisement. If Ver intends to seek permission to amend the Third-Party Complaint, the court directed him to file a pre-motion letter under the court’s Individual Civil Rule 6.A by April 7, 2025. The clerk was directed to close Docket Number 59. Judge John P. Cronan signed the order.