Amerocap LLC v. Zyta Partners S.A.S
- Ronnie Abrams
- 1:20-cv-01295
- U.S. District Court · Southern District of New York
- 1
In Amerocap v. Zyta Partners, Judge Abrams discontinued the settled case without costs, allowing restoration within 30 days.
Amerocap LLC and Zyta Partners S.A.S.; the action was discontinued after the court was told the parties had settled.
What happened
Amerocap LLC v. Zyta Partners S.A.S. was reported settled, so the court ended the action without deciding the underlying dispute.
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.
Judge Ronnie Abrams also stated that any request to reopen filed after 30 days could be denied on that basis, and that any request for the court to retain power to enforce the settlement had to place the agreement on the public record and obtain the court’s approval within that period.
The detailed version
- Amerocap LLC v. Zyta Partners S.A.S · No. 1:20-cv-01295
- Ronnie Abrams
- Dec. 7, 2020
Background
The court stated that it had been informed that the case had been settled. The opinion does not provide the settlement’s terms or describe the underlying claims.
Ruling
Judge Ronnie Abrams 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 order stated that any application to reopen filed after that deadline could be denied solely because it was late.
The order further stated that, if the parties wanted the court to retain jurisdiction—that is, authority—to enforce the 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.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.