Preservation Technologies LLC v. Time USA, LLC
- Vyskocil
- 1:23-cv-10611
- U.S. District Court · Southern District of New York
- 1
Judge Vyskocil dismissed Preservation Technologies v. Time USA after a settlement in principle, allowing restoration by May 10, 2024.
Preservation Technologies LLC and Time USA, LLC; the action was discontinued following the parties’ reported settlement in principle.
What happened
Preservation Technologies LLC told the court that it and Time USA, LLC had reached a settlement in principle.
The court discontinued the action without costs to either party and allowed it to be restored if the parties could not put their settlement in writing and applied by May 10, 2024. If no application was made by that date, the dismissal would be with prejudice.
Judge Mary Kay Vyskocil entered the order on April 10, 2024.
The detailed version
- Preservation Technologies LLC v. Time USA, LLC · No. 1:23-cv-10611
- Vyskocil
- Apr. 10, 2024
Background
Preservation Technologies LLC filed a letter informing the court that the parties had reached a settlement in principle. The opinion does not describe the underlying claims or the proposed settlement’s terms.
Court’s Order
The court ordered that the action be discontinued without costs to any party. The discontinuance was without prejudice to restoring the action to the court’s calendar if the parties were unable to memorialize their settlement in writing, provided that an application to restore the action was made by May 10, 2024.
The court further stated that if no application to restore the action was made by that date, the dismissal would be with prejudice. Judge Mary Kay Vyskocil entered the order on April 10, 2024.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.