Jensen v. AR Global Investments, LLC
- Ronnie Abrams
- 1:19-cv-00657
- U.S. District Court · Southern District of New York
- 1
In Jensen v. AR Global Investments, Judge Abrams discontinued the settled-in-principle case without costs, allowing restoration within 30 days.
W. Todd Jensen and AR Global Investments, LLC. The case was closed, but either party could seek restoration within 30 days; the parties could also ask the court to retain authority to enforce their settlement if they publicly filed its terms and obtained the court’s approval within that period.
What happened
Jensen v. AR Global Investments, LLC was reported to have been settled in principle, but the opinion does not describe the settlement’s terms or say that it was final.
The court discontinued the case without costs to either party and without prejudice to restoring it to the court’s docket if an application was made within 30 days. The Clerk of Court was directed to close the case.
Judge Ronnie Abrams also said that any request to reopen filed after 30 days could be denied solely because it was late. If the parties wanted the court to retain power to enforce their settlement, they had to place the agreement’s terms on the public record and obtain the court’s approval within that same 30-day period.
The detailed version
- Jensen v. AR Global Investments, LLC · No. 1:19-cv-00657
- Ronnie Abrams
- Oct. 29, 2020
Background
The court stated that it had been told the case had been settled in principle. The opinion does not provide the settlement’s terms or address the underlying claims.
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. The court further stated that any application to reopen filed after that period could be denied solely because it was late. The Clerk of Court was directed to close the case.
The court also explained that, if the parties wanted it to retain jurisdiction—the power to enforce a settlement agreement—the settlement’s terms had to be placed on the public record and approved by the court within the same 30-day period.
Disposition
Judge Ronnie Abrams discontinued the action without costs and without prejudice to restoration within 30 days. The order did not decide the underlying dispute.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.