BKST Brand Holdings LLC v. Team International Group of America, Inc.
- Ronnie Abrams
- 1:20-cv-04226
- U.S. District Court · Southern District of New York
- 1
In BKST Brand Holdings v. Team International, Judge Abrams discontinued the settled case without costs, allowing restoration within 30 days.
BKST Brand Holdings LLC and Team International Group of America, Inc. d/b/a Kalorik; the order discontinued their action and set a 30-day period for seeking restoration or court retention of jurisdiction to enforce a settlement.
What happened
BKST Brand Holdings LLC v. Team International Group of America, Inc. was reported settled in principle. The opinion does not state the settlement’s terms.
The court discontinued the action without costs to any party and without prejudice to restoring it if an application was made within 30 days. The Clerk of Court was directed to close the case.
Judge Ronnie Abrams also stated that the court could retain jurisdiction to enforce the settlement only if its terms were made public and approved by the court within the same 30-day period.
The detailed version
- BKST Brand Holdings LLC v. Team International Group of America, Inc. · No. 1:20-cv-04226
- Ronnie Abrams
- Aug. 28, 2020
Background
The court stated that the parties had reported that the case was settled in principle. The opinion does not describe the underlying claims or the settlement terms.
Order
The court ordered that the action be discontinued without costs to any party and without prejudice to restoring the action to the court’s docket if an application to restore it was made within 30 days. It stated that an application to reopen filed after that period might be denied solely because it was late.
The court further stated that, if the parties wanted the court to retain jurisdiction 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.
Effect
The order ended the case on the court’s docket based on the reported settlement in principle, while preserving the stated 30-day procedure for seeking restoration. Judge Ronnie Abrams signed the order on August 28, 2020.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.