Perez v. Buyk Corp.
- Lorna Schofield
- 1:21-cv-11168
- U.S. District Court · Southern District of New York
- 1
In Perez v. Buyk Corp., Judge Schofield ordered settlement materials, canceled conferences, and required a status update on remaining issues.
The parties, including Plaintiff Michael Perez and Defendant Buyk Corp., were required to provide settlement and litigation-status information; all scheduled conferences were canceled.
What happened
In Perez v. Buyk Corp., the court was informed that the parties had reached a settlement agreement in principle.
The court ordered the parties to submit the settlement agreement and a joint letter with supporting evidence about whether the settlement was fair and reasonable. The court also canceled all conferences.
Judge Lorna G. Schofield required Plaintiff to report on any remaining issues against Buyk Corp. that required further litigation. The order did not approve the settlement.
The detailed version
- Perez v. Buyk Corp. · No. 1:21-cv-11168
- Lorna Schofield
- Aug. 15, 2022
Background
On August 12, 2022, the court was informed that the parties had reached a settlement agreement in principle. The opinion does not describe the underlying claims or the settlement’s terms.
Court’s Orders
The court ordered the parties to submit the settlement agreement by September 2, 2022. They also had to submit a joint letter with supporting evidence addressing the findings needed for the court to approve the settlement as fair and reasonable. The court cited decisions describing the standards and factors used to evaluate proposed settlements.
The court canceled all conferences. It separately ordered Plaintiff to file, by August 19, 2022, a letter about the status of any remaining issues against Defendant Buyk Corp. that required further litigation.
Disposition
The order required additional settlement-approval materials and a status report; it did not state that the settlement was approved. The case’s underlying claims and any remaining issues are not resolved in the opinion.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.