Cerovene, Inc. v. Fukuzyu Pharmaceutical Co., Ltd.
- Ronnie Abrams
- 1:24-cv-00464
- U.S. District Court · Southern District of New York
- 1
In Cerovene v. Fukuzyu, Judge Abrams discontinued the case after a reported settlement in principle, allowing restoration within 30 days.
Cerovene, Inc., Dr. Reddy’s Laboratories, Inc., and Fukuz(y)u Pharmaceutical Co., Ltd.; the action was closed, subject to a possible application to restore it within 30 days.
What happened
Cerovene, Inc. and Dr. Reddy’s Laboratories, Inc. sued Fukuz(y)u Pharmaceutical Co., Ltd. in the Southern District of New York. The opinion says the parties reported that the case had been settled in principle.
The court ended the case without requiring any party to pay costs. It allowed the action to be restored to the court’s docket if an application was made within 30 days of the order; an application filed later could be denied solely because it was late.
Judge Ronnie Abrams ordered the action discontinued without prejudice to timely restoration and directed the Clerk of Court to close the case. The court also said that any request for it to retain authority to enforce a settlement had to place the settlement terms on the public record and receive the court’s approval within the same 30-day period.
The detailed version
- Cerovene, Inc. v. Fukuzyu Pharmaceutical Co., Ltd. · No. 1:24-cv-00464
- Ronnie Abrams
- May 12, 2025
Background
The plaintiffs are Cerovene, Inc. and Dr. Reddy’s Laboratories, Inc. The defendant is Fukuz(y)u Pharmaceutical Co., Ltd. The opinion states that the parties reported the case had been settled in principle. It does not describe the claims or the terms of the reported settlement.
Court’s Action
Judge Ronnie Abrams 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. The court warned that an application filed after that period could be denied solely because it was late.
The court further ordered that if the parties wanted the court to retain 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 Clerk of Court was directed to close the case.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.