Peet v. Icon Realty Management LLC
- Ronnie Abrams
- 1:20-cv-01805
- U.S. District Court · Southern District of New York
- 1
In Peet v. Icon Realty Management, Judge Abrams discontinued the settled-in-principle case without prejudice to timely restoration.
The parties to Peet v. Icon Realty Management LLC. The case was closed after the reported settlement in principle, subject to the order’s 45-day restoration and settlement-enforcement conditions.
What happened
Peet v. Icon Realty Management LLC involved a case that the court was told had been settled in principle, although the agreement was still being finalized.
The opinion does not describe the underlying claims or the settlement’s terms. It states that the action was discontinued without costs to any party and could be restored if an application was made within 45 days.
Judge Ronnie Abrams directed the Clerk of Court to close the case and stated that any request for the court to retain authority to enforce the settlement had to place the agreement on the public record and obtain the court’s approval within 45 days.
The detailed version
- Peet v. Icon Realty Management LLC · No. 1:20-cv-01805
- Ronnie Abrams
- Oct. 21, 2020
Background
The court was informed that the case had been settled in principle and that the parties were finalizing a settlement agreement. The opinion does not identify the underlying claims or provide the settlement’s terms.
Ruling
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 the action was made within 45 days. The order stated that an application filed after that period could be denied solely because it was late.
The court also stated that, if the parties wanted it to retain jurisdiction—the authority to enforce the settlement agreement—the agreement had to be placed on the public record and approved by the court within the same 45-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.