Sumitomo Corporation of Americas v. Resco Products, Inc.
- Valerie Caproni
- 1:19-cv-11848
- U.S. District Court · Southern District of New York
- 2
In Sumitomo v. Resco, Judge Caproni dismissed the settled case with prejudice, canceled deadlines, and allowed a 30-day request to reopen.
Sumitomo Corporation of Americas and Resco Products, Inc.
What happened
Sumitomo Corporation of Americas v. Resco Products, Inc. was dismissed after the parties told the court they had reached an agreement in principle resolving all issues.
The court canceled scheduled conferences and deadlines, terminated open motions, and closed the case. It dismissed the case with prejudice and ordered that neither party would receive costs or attorneys’ fees.
The parties could ask to reopen the case within 30 days by showing good cause. Judge Valerie Caproni also explained that they could ask the court to retain authority to enforce their settlement by submitting the agreement and a specific request within that period.
The detailed version
- Sumitomo Corporation of Americas v. Resco Products, Inc. · No. 1:19-cv-11848
- Valerie Caproni
- Feb. 3, 2020
Background
On January 30, 2020, the parties notified the court that they had reached an agreement in principle resolving all issues. The opinion does not describe the underlying claims or the settlement’s terms.
Court’s action
The court canceled all previously scheduled conferences and other deadlines. It dismissed the case with prejudice and without costs, including attorneys’ fees, to either party. The Clerk of Court was directed to terminate all open motions and close the case.
The court allowed the parties to apply to reopen the case within 30 days. Any such application had to show good cause for keeping the case open despite the settlement. The court stated that a request filed after 30 days or without a showing of good cause could be denied on that basis alone.
The court also stated that, if the parties wanted it to retain jurisdiction—that is, authority—to enforce their settlement agreement, they had to submit the agreement and request an order expressly retaining jurisdiction within the same 30-day period.
Classification
This is a procedural order because the court dismissed the case based on the parties’ settlement agreement and did not decide the underlying legal claims. Judge Valerie Caproni entered the order on February 3, 2020.
Read the full 2-page opinion on CourtListener, the free public archive maintained by the Free Law Project.