Morel v. WHP Mezz Borrower LLC.
- Sarah Netburn
- 1:22-cv-00267
- U.S. District Court · Southern District of New York
- 1
In Morel v. WHP Mezz Borrower, Judge Schofield ordered settlement materials and canceled all conferences.
The parties to the case, including Rodolfo Morel, WHP Mezz Borrower LLC., and the other defendants, were required to submit settlement materials or a status letter. All scheduled conferences were canceled.
What happened
In Morel v. WHP Mezz Borrower LLC., the parties informed the court that they had reached a settlement agreement in principle.
The court ordered the parties to submit the settlement agreement and a joint letter with evidence supporting a finding that the settlement was fair and reasonable. It also ordered the plaintiff to report on any claims against Galil Realty LLC.
Judge Lorna G. Schofield canceled all conferences and set October 21, 2022, as the deadline for the settlement materials and September 30, 2022, as the deadline for the plaintiff’s letter about Galil Realty LLC.
The detailed version
- Morel v. WHP Mezz Borrower LLC. · No. 1:22-cv-00267
- Sarah Netburn
- Sept. 26, 2022
Background
On September 23, 2022, the court was informed that the parties had reached a settlement agreement in principle. The order does not describe the underlying claims or the settlement’s terms.
Court’s Orders
The court ordered the parties to submit the settlement agreement and a joint letter with supporting evidence by October 21, 2022. The materials had to address the findings needed for the court to approve the settlement as fair and reasonable. The order cited decisions discussing court review of proposed settlements.
The court also canceled all conferences. It separately ordered the plaintiff to file, by September 30, 2022, a letter concerning the status of any claims against Defendant Galil Realty LLC. The order required submissions and further proceedings concerning possible settlement approval; it did not state that the settlement had been approved or that the case had been dismissed.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.