TRT LeaseCo, LLC v. DGI-BNSF Corp.
- Valerie Caproni
- 1:20-cv-05257
- U.S. District Court · Southern District of New York
- 2
Judge Caproni dismissed TRT LeaseCo v. DGI-BNSF with prejudice and without costs after an agreement in principle, allowing limited requests to reopen.
TRT LeaseCo, LLC and DGI-BNSF Corp.; the case was closed after the parties reported an agreement in principle, subject to the order’s limited reopening and settlement-enforcement procedures.
What happened
In TRT LeaseCo, LLC v. DGI-BNSF Corp., the parties informed the court that they had reached an agreement in principle resolving all issues.
The court canceled scheduled conferences and deadlines, terminated all open motions, and closed the case. It also stated that the parties could ask to reopen the case within 30 days if they showed good cause.
Judge Valerie Caproni dismissed the case with prejudice and without costs, including attorneys’ fees. The order also explained how the parties could ask the court to retain jurisdiction to enforce their settlement agreement.
The detailed version
- TRT LeaseCo, LLC v. DGI-BNSF Corp. · No. 1:20-cv-05257
- Valerie Caproni
- Mar. 22, 2021
Background
On March 19, 2021, TRT LeaseCo, LLC and DGI-BNSF Corp. notified the court that they had reached an agreement in principle resolving all issues. The opinion does not describe the underlying claims or the terms of that agreement.
Court’s Order
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 parties were permitted to apply to reopen the case within 30 days. Any such application had to show good cause for keeping the case open despite the parties’ settlement. The order stated that a request filed after 30 days or without a showing of good cause could be denied solely on that basis.
The court also explained that, if the parties wanted the court to retain jurisdiction to enforce their settlement agreement, they had to submit the agreement and request an order expressly retaining jurisdiction within the same 30-day period.
Disposition
Judge Valerie Caproni dismissed the case with prejudice and without costs, canceled the scheduled proceedings and deadlines, terminated the open motions, and directed that the case be closed.
Read the full 2-page opinion on CourtListener, the free public archive maintained by the Free Law Project.