Jefferies Strategic Investments, LLC v. Weiss
- Alvin Hellerstein
- 1:24-cv-04369
- U.S. District Court · Southern District of New York
- 1
Jefferies Strategic Investments v. Weiss: Judge Hellerstein lifted the stay and ordered Weiss to complete subpoena production within 21 days.
Plaintiffs Jefferies Strategic Investments, LLC and Leucadia Asset Management Holdings LLC, and Defendant George Weiss. Weiss must complete the subpoena production within 21 days after entry of the order.
What happened
In Jefferies Strategic Investments, LLC v. Weiss, the court addressed the pause that normally follows a judgment and the deadlines for discovery production.
The court said both parties had taken steps that made the automatic 30-day pause unnecessary. It also addressed the parties’ disagreement about when Defendant George Weiss had to produce documents in response to the plaintiffs’ subpoenas.
Judge Hellerstein lifted the automatic pause and ordered Weiss to begin producing documents on a rolling basis, with production completed within 21 days after the order was entered.
The detailed version
- Jefferies Strategic Investments, LLC v. Weiss · No. 1:24-cv-04369
- Alvin Hellerstein
- May 29, 2025
Order
The court lifted the automatic 30-day stay under Federal Rule of Civil Procedure 62(a). That rule generally pauses enforcement of a judgment for 30 days, allowing time for an appeal or a request for reconsideration or correction. The court stated that both parties had taken such steps, so the automatic stay was not necessary.
Discovery Production
The court ordered Defendant George Weiss to begin producing documents on a rolling basis in response to subpoenas issued by Plaintiffs Jefferies Strategic Investments, LLC and Leucadia Asset Management Holdings LLC. The production had to be completed within 21 days after entry of the order.
Disposition
The court entered a discovery order lifting the Rule 62(a) stay and setting the production deadline. The opinion does not state any ruling on the parties’ underlying claims.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.