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In re NYCL Acquisition LLC, 18 Civ. 0546. (2020)

Court: District Court, S.D. New York Number: infdco20200224579 Visitors: 3
Filed: Feb. 18, 2020
Latest Update: Feb. 18, 2020
Summary: CONDITIONAL ORDER OF DISCONTINUANCE VICTOR MARRERO , District Judge . Magistrate Judge Cave, to whom this case was referred for pretrial supervision, having notified the Court that the parties have reached an agreement in principle to settle this action without further litigation, it is hereby ORDERED, that this action be conditionally discontinued without prejudice and without costs; provided, however, that within thirty (30) days of the date of this Order, the parties may submit to the
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CONDITIONAL ORDER OF DISCONTINUANCE

Magistrate Judge Cave, to whom this case was referred for pretrial supervision, having notified the Court that the parties have reached an agreement in principle to settle this action without further litigation, it is hereby

ORDERED, that this action be conditionally discontinued without prejudice and without costs; provided, however, that within thirty (30) days of the date of this Order, the parties may submit to the Court their own Stipulation of Dismissal for the Court to So Order. Otherwise, within such time counsel for plaintiff may apply by letter for restoration of the action to the active calendar of this Court in the event by the deadline indicated the settlement is not consummated. Upon such notification, the defendant shall continue to be subject to the Court's jurisdiction, the Court shall promptly reinstate the action to its active docket and the parties shall be directed to appear before the Court, without the necessity of additional process, on a date within thirty days of the plaintiff's application for reinstatement, to schedule remaining pre-trial proceedings and/or dispositive motions, as appropriate. This Order shall be deemed a final discontinuance of the action with prejudice in the event plaintiff has not requested restoration of the case to the active calendar within such period of time.

Any further conferences with the Court schedule in this action are cancelled, but shall be rescheduled as set forth above in the event plaintiff notifies the Court that the parties' settlement has not been consummated and that further proceedings are necessary to resolve this action.

The Clerk of Court is directed to close this case.

SO ORDERED.

Source:  Leagle

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