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React Presents, Inc. v. Sillerman, 16-CV-03790. (2017)

Court: District Court, N.D. Illinois Number: infdco20171102g07 Visitors: 10
Filed: Nov. 01, 2017
Latest Update: Nov. 01, 2017
Summary: PLAINTIFFS' MOTION FOR ENTRY OF JUDGMENT ORDER CHARLES P. KOCORAS , District Judge . Plaintiffs, React Presents, Inc., Clubtix, Inc. (the " React Entities "), Lucas King (" King ") and Jeffery Callahan (" Callahan ") (collectively, " Plaintiffs "), by their attorneys, respectfully move the Court for an Order entering judgment against Defendant Robert F. X. Sillerman (" Sillerman "). In support of their Motion, Plaintiffs state as follows: 1. On August 15, 2017, the Court referred this cas
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PLAINTIFFS' MOTION FOR ENTRY OF JUDGMENT ORDER

Plaintiffs, React Presents, Inc., Clubtix, Inc. (the "React Entities"), Lucas King ("King") and Jeffery Callahan ("Callahan") (collectively, "Plaintiffs"), by their attorneys, respectfully move the Court for an Order entering judgment against Defendant Robert F. X. Sillerman ("Sillerman"). In support of their Motion, Plaintiffs state as follows:

1. On August 15, 2017, the Court referred this case to Magistrate Judge Finnegan for discovery supervision, including resolution of Plaintiffs' Motion to Quash and for Protective Order, Sillerman's Motion to Compel, and third-party LiveStyle, Inc.'s ("LiveStyle") subsequently-filed Motion to Quash (together, the "Discovery Motions"). [Doc. No. 59.]

2. After supplementing the briefs, the parties appeared before Judge Finnegan on September 20, 2017 for hearing on the Discovery Motions. Among other things, Judge Finnegan ordered the parties to continue to meet and confer regarding the document requests at issue, and to file a joint status report on or before October 4, 2017 identifying any remaining disputes. [Doc. No. 74.]

3. As contemplated by Judge Finnegan's September 20 Order, the parties sought and received an additional week, through and including October 11, 2017, to file their joint status report.

4. On October 11, 2017, Sillerman's counsel informed Plaintiffs' counsel via e-mail that, in light of facts discovered through review of records provided by Stout and BDO Seidman, Sillerman would be withdrawing his Motion to Compel, thereby mooting Plaintiffs' Motion to Quash. Later that day, in lieu of the joint status report, Sillerman submitted a letter to Judge Finnegan to the same effect. [Doc. No. 76.]

5. Sillerman's counsel's October 11, 2017 e-mail also proposed "working out a proposed form of judgment to end the case," which the parties further discussed and ultimately accomplished over the following days. True and correct copies of all correspondence between Plaintiffs' counsel and Sillerman's counsel from October 11, 2017 to the present are attached hereto as Group Exhibit A.

6. On October 13, 2017, based on representations by Sillerman's counsel that the parties would seek to reach an agreement on a stipulated judgment, Judge Finnegan entered a Minute Order terminating the referral and returning the case to this Court. [Doc. No. 77.]

7. Shortly thereafter, on October 16, 2017, at the suggestion of Sillerman's counsel, Plaintiffs' counsel prepared and circulated a draft [Proposed] Final Judgment and accompanying Stipulation for Sillerman's consideration and prompt submission to this Court. See Group Ex. A.

8. Sillerman's counsel made only one change, which Plaintiffs' counsel accepted before recirculating. Id. For the last two weeks, Sillerman's counsel has been attempting to reach his client to discuss a proposed payment plan and get final sign off on the Stipulation and proposed Judgment. Id.

9. In light of Sillerman's prior agreement to entry of a judgment,1 as well as Plaintiffs' concerns about the passage of additional time in light of the parties' history and Sillerman's complicated financial situation, the Court should enter the [Proposed] Judgment Order attached hereto as Exhibit B now, with the payment schedule and other post-judgment matters potentially to be worked out by the parties in the near term.2

10. In the event Sillerman executes the proposed Stipulation for entry of judgment before the presentment hearing on the instant motion, the parties will promptly submit the same and contact the Court to request that the hearing be taken off calendar.

WHEREFORE, Plaintiffs respectfully request that the Court: (a) enter the [Proposed] Judgment Order attached as Exhibit B; and (b) granting such other and further relief that this Court deems just and proper.

GROUP

EXHIBIT A

From: Simmons, Peter L <Peter.Simmons@friedfrank.com> Sent: Thursday, October 12, 2017 9:25 AM To: Garvey, James V. Cc: Loffler, Jesse Ryan; Dunn, Joshua Subject: [FS#Dup] RE: React v. Sillerman — Draft Joint Status. Report

10:00 am Chicago time on Friday would be best. Talk then. Thnaks.

Peter L. Simmons Partner Peter.Simnnons@friedfrank.com| Tel: +1 212 859 8455 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com From: Garvey, James V. [mailto:jgarvey@vedderprice.com] Sent: Wednesday, October 11, 2017 2:07 PM To: Simmons, Peter L. <Peter.Simmons@friedfrank.com> Cc: Loffler, Jesse Ryan <Jesse.Ryan.Loffler@friedfrank.com>; Dunn, Joshua <jdunn@vedderprice.com>; Christopher J. Barber (cjb@willmont.com) <cjb@willmont.com>; Jonathan Miller (JM@willmont.com) <JM@willmont.com> Subject: RE: React v. Sillerman — Draft Joint Status Report

Peter:

I am available tomorrow between 9:30 a.m. and Noon Chicago time, and then between 2 and 4 p.m. Chicago time. If on Friday, then I'm available from 8 a.m. to Noon Chicago time.

Regards,

Jim James V. Garvey, Shareholder VedderPriceSM T: +1 (312) 609 7712 | F: +1 (312) 609 5005 M: +1 (312) 909 7712 jaarvey@vedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco | Los Angeles www.vedderprice.com From: Simmons, Peter L. [mailto:Peter.Simmons@friedfrank.com] Sent: Wednesday, October 11, 2017 12:24 PM To: Garvey, James V. Cc: Loffler, Jesse Ryan; Dunn, Joshua; Christopher J. Barber (cjb@willmont.com); Jonathan Miller (JM@willmont.com) Subject: RE: React v. Sillerman — Draft Joint Status Report

Jim, I just stepped out of a deposition to try calling you, but without luck.

In light of Stout's review of the BDO workpapers, we will be filing a letter with Judge Finnegan saying that Mr. Sillerman is withdrawing his discovery motion, and that your cross-motion to quash is therefore also moot. So there is no longer a need to do the detailed report with exhibits. We would like to talk to you about working out a proposed form of judgment to end the case. What's your availability tomorrow or Friday?

Thanks

Peter

Peter L. Simmons Partner Peter.Simmons@friedfrank.com | Tel: +1 212 859 8455 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com From: Garvey, James V. [mailto:igarvev@vedderprice.com] Sent: Wednesday, October 11, 2017 1:09 PM To: Simmons, Peter L. <Peter.Simmons@friedfrank.com> Cc: Loffler, Jesse Ryan <Jesse.Rvan.Loffler@friedfrank.com>; Dunn, Joshua <idunn@vedderprice.com>; Christopher J. Barber (cjb@willmont.com) <cjb@willmont.com>; Jonathan Miller (JM@willmont.com) <JM@willmont.com> Subject: React v. Sillerman —Draft Joint Status Report

Peter:

Here is a draft joint status report, which is due today. Please provide your proposed revisions (if any) and additions in a redlined format.

Regards,

Jim James V. Garvey, Shareholder VedderPriceSM T: +1 (312) 609 7712 | F: +1 (312) 609 5005 M: +1 (312) 909 7712 jgarvey@vedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco | Los Angeles www.vedderprice.com

CONFIDENTIALITY NOTE: This e-mail is intended only for the use of the individual or entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this e-mail message is not the intended recipient, or the employee or agent responsible for delivery of the message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is prohibited. If you have received this e-mail in error, please notify us immediately by telephone at (312) 609-5038 and also indicate the sender's name. Thank you.

Vedder Price P.C. is affiliated with Vedder Price LLP, which operates in England and Wales, with Vedder Price (CA), LLP which operates in California and with Vedder Price Pte. Ltd. which operates in Singapore.

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Confidentiality Notice: The information contained in this e-mail and any attachments may be legally privileged and confidential. If you are not an intended recipient, you are hereby notified that any dissemination, distribution or copying of this e-mail is strictly prohibited. If you have received this e-mail in error, please notify the sender and permanently delete the e-mail and any attachments immediately. You should riot retain, copy or use this e-mail or any attachment for any purpose, nor disclose all or any part of the contents to any other person. Thank you.

From: Simmons, Peter L <Peter.Simmons@friedfrank.com> Sent: Friday, October 13, 2017 11:43 AM To: Garvey, James V.; Scott_White@ilnd.uscourts.gov; Dunn, Joshua; Loffler, Jesse Ryan; cjb@willmont.com; jm@willmont.com; JLiebman@novackmacey.com Subject: [FS#Dup] RE: React Presents Inc. et al v. Sillerman - 16c3790

Dear Mr. White,

We write with the consent of both parties to provide the update promised yesterday.

Counsel for the parties conferred this morning and have agreed to work out a form of judgment that will resolve the entire case. Accordingly, there is no outstanding discovery needed and all matters referred to Judge Finnegan have been resolved. The parties agree that no hearing (either telephonic or in person) is necessary and therefore jointly request that Judge Finnegan take the October 19 hearing off calendar and agree that she may terminate the order of reference.

The parties will endeavor to submit a stipulated form of judgment to Judge Kocoras promptly.

Respectfully submitted,

Peter Simmons

Counsel for Mr. Sillerman

Peter L. Simmons Partner PeterSimmons@friedfrank.com | Tel: +12128598455 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com From: Garvey, James V. [mailto:jgarvey@vedderprice.com] Sent: Thursday, October 12, 2017 1:57 PM To: Simmons, Peter L. <Peter.Simmons@friedfrank.com>; Scott_White@ilnd.uscourts.gov; Dunn, Joshua <jdunn@vedderprice.com>; Loffler, Jesse Ryan clesse.Ryan.Loffier@friedfrank.com>; cjb@willmont.com; jm@willmont.com; JLiebman@novackmacey.com Subject: RE: React Presents Inc. et al v. Sillerman - 16c3790

Dear Mr. White:

We'll join in the request that we update you further, tomorrow, after counsel have spoken.

Thanks for your and the court's consideration.

Jim Garvey

Counsel for Plaintiffs James V. Garvey, Shareholder VedderPriceSM T: +1 (312) 609 7712 | F: +1 (312) 609 5005 M: +1 (312) 909 7712 jgarvey@vedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco | Los Angeles www.vedderprice.com From: Simmons, Peter L. [mailto:Peter.Simmons@friedfrank.com] Sent: Thursday, October 12, 2017 12:11 PM To: Scott White@ilnd.uscourts.gov; Garvey, James V.; Dunn, Joshua; Loffler, Jesse Ryan; cjb@willmont.com; jm@willmont.com; JLiebman@novackmacey.com Subject: RE: React Presents Inc. et al v. Sillerman - 16c3790

Mr. White,

Counsel for the two sides are scheduled to talk tomorrow morning and with the Court's indulgence, we would request (on behalf of Mr. Sillerman) deferring a substantive response to your question until after the parties have a chance to confer on that call. We hope to be able to resolve the whole case and obviate all hearings and the summary judgment motion.

Thank you.

Peter Simmons

Attorney for Mr. Sillerman

From: Scott White@ilnd.uscourts.gov [mailto:Scott White@ilnd.uscourts.gov] Sent: Thursday, October 12, 2017 12:16 PM To: igarvey@vedderprice.com; idunn@vedderprice.com; Loffler, Jesse Ryan <Jesse.Rvan.Loffler@friedfrank.com>; Simmons, Peter L. <Peter.Simmons@friedfrank.com>; cib@willmont.com; jm@willmont.com; JLiebman@novackmacey.com Subject: React Presents Inc. et al v. Sillerman - 16c3790

Counsel,

The Court has reviewed the status report [76] submitted by Defendant, Sillerman. Is all discovery needed to address Plaintiff React's pending motion for summary judgment [46] now in hand? If so, the hearing currently set on 10/19/2017 will be converted to a telephone hearing to report on status of discovery. If disputes remain, the Court is requesting a joint status report be filed on 10/17/2017 to identify these disputes and the in person hearing on 10/19/2017 will remain as scheduled.

Any respond can be sent to me.

Thank you,

Scott L. White

Courtroom Deputy to the Honorable Sheila Finnegan

United States District Court for the Northern District of Illinois

219 South Dearborn St., Rm. 2220 Chicago, IL 60604 (312) 408-5110 Peter L. Simmons Partner Peter.Simmons@friedfrank.com | Tel: +1 212 859 8455 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com

Confidentiality Notice: The information contained in this e-mail and any attachments may be legally privileged and confidential. If you are not an intended recipient, you are hereby notified that any dissemination, distribution or copying of this e-mail is strictly prohibited. If you have received this e-mail in error, please notify the sender and permanently delete the e-mail and any attachments Immediately, You should not retain, copy or use this e-mail or any attachment for any purpose, nor disclose all or any part of the contents to any other person. Thank you.

CONFIDENTIALITY NOTE: This e-mail is intended only for the use of the individual or entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this e-mail message is not the intended recipient, or the employee or agent responsible for delivery of the message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is prohibited. If you have received this e-mail in error, please notify us immediately by telephone at (312) 609-5038 and also indicate the sender's name. Thank you.

Vedder Price P.C. is affiliated with Vedder Price LLP, which operates in England and Wales, with Vedder Price (CA), LLP which operates in California and with Vedder Price Pte. Ltd. which operates in Singapore.

Confidentiality Notice: The information contained in this e-mail and any attachments may be legally privileged and confidential, If you are not an intended recipient, you are hereby notified that any dissemination, distribution or copying of this e-mail is strictly prohibited. If you have received this e-mail in error, please notify the sender and permanently delete the e-mail and any attachments immediately. You should not retain, copy or use this e-mail or any attachment for any purpose, nor disclose all or any part of the contents to any other person. Thank you.

From: Garvey, James V. Sent: Wednesday, October 18, 2017 10:48 AM To: `Simmons, Peter L' Cc: Loffler, Jesse Ryan; Dunn, Joshua Subject: [FS#Dup] RE: [FS#22969910) RE: React Presents, et al. v. Sillerman

Let's at least submit the stipulation and proposed judgment.

Jim James V. Garvey, Shareholder VedderPriceSM T: +1 (312) 609 7712 | F: +1 (312) 609 5005 M: +1 (312) 909 7712 igarvey@vedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco |Los Angeles www.vedderprice.com From: Simmons, Peter L. [mailto:Peter.Simmons@friedfrank.com] Sent: Wednesday, October 18, 2017 9:44 AM To: Garvey, James V. Cc: Loffler, Jesse Ryan Subject: RE: [FS#22969910] RE: React Presents, et al. v. Sillerman

Bob wanted to think about a workable timetable. We'll ping him for a proposal.

Peter L. Simmons Partner Peter.Simmons@friedfrank.com | Tel: +1 212 859 8455 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com From: Garvey, James V. <jgarvey@vedderprice.com> Date: Wednesday, Oct 18, 2017, 10:34 AM To: Simmons, Peter L. <Peter.Simmons@friedfrank.com> Subject: RE: [FS#22969910] RE: React Presents, et al. v. Sillerman

Peter:

Any update?

Thanks,

Jim James V. Garvey, Shareholder VedderPriceSM T: +1 (312) 609 7712 | F: +1 (312) 609 5005 M: +1 (312) 909 7712 jgarvey@vedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco | Los Angeles www.vedderprice.com From: Simmons, Peter L. [mailto:Peter.Simmons@friedfrank.com] Sent: Monday, October 16, 2017 7:23 PM To: Garvey, James V.; Loffler, Jesse Ryan; cjb@willmont.com; jm@willmont.com Cc: Dunn, Joshua Subject: [FS#22969910] RE: React Presents, et al. v. Sillerman

Jim,

We're scheduled to talk to Bob tomorrow and will try to get back to you promptly.

Best

Peter

Peter L. Simmons Partner PeterSimmons@friedfrank.com | Tel: +1 212 859 8455 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com From: Garvey, James V. <jgarvey@vedderprice.com> Date: Monday, Oct 16, 2017, 7:15 PM To: Loffler, Jesse Ryan <Jesse.Ryan.Loffler@friedfrank.com>, Simmons, Peter L. <Peter.Simmons@friedfrank.com>, cjb@willmont.com <cjb@willmont.com>, jm@willmont.com<jm@willmont.com> Cc: Dunn, Joshua <jdunn@vedderprice.com> Subject: RE: React Presents, et al. v. Sillerman

Jesse:

Thanks for sending the revised draft. We've accepted the proposed change (see attached) and we've also provided herewith a stipulation for your consideration to accompany the proposed judgment order.

As for payment once this is entered, I'm sure my clients will ask: "Well, what does Mr. Sillerman propose." In other words, I think we need to hear from you as to what Mr. Sillerman's plan is for paying off the judgment. Once I have that information, well promptly discuss with the plaintiffs.

Thanks,

Jim James V. Garvey, Shareholder VedderPricesSM T: +1 (312) 609 7712 | F: +1 (312) 609 5005 M: +1 (312) 909 7712 jgarvey@vedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco | Los Angeles www.vedderarice.com From: Loffler, Jesse Ryan [mailto:Jesse.Ryanloffler@friedfrank.com] Sent: Monday, October 16, 2017 4:50 PM To: Garvey, James V.; Simmons, Peter L.; cjb@willmont.com; JM@awillmont.com Cc: Dunn, Joshua Subject: RE: React Presents, et al. v. Sillerman

Jim,

The form of the judgment looks fine to us. Our one change is to specify the post-judgment interest rate per the Illinois statute for clarity.

Separately, have you had a chance to discuss with your clients a payment schedule?

We would like to take both to our client at the same time.

Thanks,

Jesse

Jesse Ryan Loffler Jesse.Rvan.Loffler@friedfrank.com | Tel: +1 212 859 8216 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com From: Garvey, James V. [mailto:jgarvev@vedderprice.com] Sent: Friday, October 13, 2017 5:47 PM To: Simmons, Peter L. <Peter.Simmons@friedfrank.com>; Loffler, Jesse Ryan <Jesse.Ryan.Loffler@friedfrank.com>; cib@willmont.com; jm@willmont.com Cc: Dunn, Joshua <jdunn@vedderprice.com> Subject: React Presents, et al. v. Sillerman

Counsel:

Further to recent communications, here is a draft [Proposed] Final Judgment. It has the detail as to what is due and owing in principal and interest (through October 12th but continuing to accrue daily at $1,619.26 per day) plus enforcement costs, though we can discuss whether that details needs to go into the proposed order.

Please also note that this has not yet been reviewed by our clients, but we wanted to get it circulated among counsel.

We look forward to your feedback.

Regards,

Jim Garvey

James V. Garvey, Shareholder VedderPriceSM T: +1 (312) 609 7712 | F: +1 (312) 609 5005 M: +1 (312) 909 7712 jgarvey@evedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco | Los Angeles www.vedderprice.com

CONFIDENTIALITY NOTE: This e-mail is intended only for the use of the individual or entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this e-mail message is not the intended recipient, or the employee or agent responsible for delivery of the message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is prohibited. If you have received this e-mail in error, please notify us immediately by telephone at (312) 609-5038 and also indicate the sender's name. Thank you.

Vedder Price P.C. is affiliated with Vedder Price LLP, which operates in England and Wales, with Vedder Price (CA), LLP which operates in California and with Vedder Price Pte. Ltd. which operates in Singapore.

Confidentiality Notice: The information contained in this e-mail and any attachments may be legally privileged and confidential. If you are not an intended recipient, you are hereby notified that any dissemination, distribution or copying of this e-mail is strictly prohibited. If you have received this e-mail in error, please notify the sender and permanently delete the e-mail and any attachments immediately. You should not retain, copy or use this e-mail or any attachment for any purpose, nor disclose all or any part of the contents to any other person. Thank you.

Confidentiality Notice: The information contained in this e-mail and any attachments may be legally privileged and confidential. If you are not an intended recipient, you are hereby notified that any dissemination, distribution or copying of this e-mail is strictly prohibited. If you have received this e-mail in error, please notify the sender and permanently delete the e-mail and any attachments immediately. You should not retain, copy or use this e-mail or any attachment for any purpose, nor disclose all or arty part of the contents to any other person. Thank you.

Confidentiality Notice: The information contained in this e-mail and any attachments may be legally privileged and confidential. If you are not an intended recipient, you are hereby notified that any dissemination, distribution or copying of this e-mail is strictly prohibited. If you have received this e-mail in error, please notify the sender and permanently delete the e-mail and any attachments immediately. You should not retain, copy or use this e-mail or any attachment for any purpose, nor disclose all or any part of the contents to any other person. Thank you.

From: Dunn, Joshua Sent: Tuesday, October 31, 2017 4:29 PM To: Garvey, James V.; `Simmons, Peter L.' Cc: Loffler, Jesse Ryan Subject: RE: [FS#23037628] Your call Attachments: ReactSillerman — Proposed Judgment Order V2.DOCX; ReactSillerman — Stipulation for Entry of Final Order V2.DOCX

Peter:

Attached is the updated [Proposed] Judgment Order reflecting interest through this coming Friday, November 3, 2017. I am also re-attaching the proposed Stipulation for execution.

Regards,

Josh

Joshua A. Dunn, Associate VedderPrice T +1 212 407 7791 Assistant: +1 212 407 7601 web | email | offices | biography From: Garvey, James V. Sent: Tuesday, October 31, 2017 4:00 PM To: `Simmons, Peter L.' Cc: Loffler, Jesse Ryan; Dunn, Joshua Subject: RE: [FS#23037628] Your call

Peter:

Josh will send the draft proposed judgment order with interest running through this coming Friday.

We still plan to file a motion tomorrow, for presentment next week, as outlined below. If your meeting with Mr. Sillerman occurs on Friday, we can submit the signed/stipulated judgment order for entry without needing to appear. If your meeting doesn't happen, or Mr. Sillerman won't sign, then well still have our presentment date on calendar.

Regards,

Jim James V. Garvey, Shareholder VedderPriceSM T: +1 (312) 609 7712 | F: +1 (312) 609 5005 M: +1 (312) 909 7712 jgarvey@vedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco | Los Angeles www.vedderprice.com From: Simmons, Peter L. [mailto: Peter.Simmons@sfriedfrank.com] Sent: Tuesday, October 31, 2017 12:50 PM To: Garvey, James V. Cc: Loffler, Jesse Ryan; Dunn, Joshua Subject: RE: [FS#23037628] Your call

Please run the interest through Friday, which is when we are scheduled to meet with Bob. While he has obviously authorized us to agree to a judgment, it's in everyone's interest to have a clear record that Bob personally stipulates to this, so we have asked him to execute the document, and we plan to re-present it to him for signature when we see him in person.

Thanks

Peter

Peter L. Simmons Partner Peter Simmons@friedfrank.com | Tel: +1 212 859 8455 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com From: Garvey, James V. [mailto:igarvey@vedderprice.com] Sent: Tuesday, October 31, 2017 3:37 PM To: Simmons, Peter L. <Peter.Simmons@friedfrank.com> Cc: Loffler, Jesse Ryan <Jesse.Ryan.Loffler@friedfrank.com>; Dunn, Joshua <idunn@vedderprice.com> Subject: RE: [FS#23037628] Your call

Peter:

I hope that everything on the family front is okay.

We'd like your stipulation to submit to Judge Kocoras tomorrow the proposed judgment order (updated to reflect additional interest due and owing through close of business today), with an understanding that plaintiffs will forego for seven days any supplementary proceedings to collect on the judgment while you work with Mr. Sillerman on a proposed payment plan. We are concerned about the passage of additional time given Mr. Sillerman's complicated financial situation. Given our concerning about timing, if we can't reach an agreement to submit tomorrow, then we'll file a motion seeking entry of judgment for presentment next week.

Josh — copied here — will circulated the updated judgment order as soon as it is ready.

Regards,

Jim

James V. Garvey, Shareholder VedderPriceSM T: +1 (312) 609 7712 | F: +1 (312) 609 5005 M: +1 (312) 909 7712 jgarvey@Vedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco | Los Angeles www.vedderprice.com From: Simmons, Peter L. [mailto:Peter.Simmons@friedfrank.com] Sent: Tuesday, October 31, 2017 10:17 AM To: Garvey, James V. Cc: Loffler, Jesse Ryan Subject: RE: [FS#23037628] Your call

We're chasing Bob and hope to see him in the next few days. I had a family medical emergency last week that put me several days behind schedule, but our aim is to get the stip filed and make the Nov 19 status conference unnecessary.

Peter L Simmons Partner PeterSimmons@friedfrank.Com | Tel: +1 212 859 8455 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com From: Garvey, James V. <jgarvey@vedderprice.com> Date: Tuesday, Oct 31, 2017, 10:27 AM To: Simmons, Peter L. <Peter.Simmons@friedfrank.com> Cc: Loffler, Jesse Ryan <Jesse.Ryan.Loffler@friedfrank.com> Subject: RE: [FS#23037628] Your call

Peter:

Any update on entry of the judgment?

Regards,

Jim

James V. Garvey, Shareholder VedderPriceSM T: +1 (312) 609 7712 I F: +1 (312) 609 5005 M: +1 (312) 909 7712 jgarvey@vedderprice.com Assistant: Kim Prezioso, +1 (312) 609 7568 222 North LaSalle Street, Suite 2600 Chicago, Illinois 60601 Chicago | New York | Washington, DC London | San Francisco | Los Angeles www.vedderprice.com From: Simmons, Peter L [mailto:Peter.Simmons@friedfrank.com] Sent: Tuesday, October 24, 2017 7:29 PM To: Garvey, James V. Cc: Loffler, Jesse Ryan Subject: [FS#23037628] Your call

Jim, got a message that you called. I'm out of town all week in depositions but chasing Bob for sign-off on the judgment. Will get that done as soon as we can.

Regards,

Peter

Peter L. Simmons Partner Peter.Simmons@friedfrank.com | Tel: +1 212 859 8455 Fried, Frank, Harris, Shriver & Jacobson LLP One New York Plaza, New York, NY 10004 friedfrank.com

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EXHIBIT B

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION

REACT PRESENTS, INC., an Illinois Corporation, CLUBTIX, INC., an Illinois Corporation, LUCAS KING and JEFFERY CALLAHAN, Plaintiffs, v. No. 16-CV-03790 ROBERT F. X. SILLERMAN, Hon. Charles P. Kocoras Defendant.

[PROPOSED] JUDGMENT ORDER

This action coming before the Court on Plaintiffs' Motion for Entry of Judgment Order, IT IS HEREBY ORDERED THAT:

1. Final judgment is hereby entered in favor of Plaintiffs, React Presents, Inc., Clubtix, Inc., Lucas King and Jeffery Callahan ("Plaintiffs") and against Defendant, Robert F. X. Sillerman ("Sillerman") in the amount of $7,360,126.93(the "Judgment Amount") on Plaintiffs' claim for breach of Guaranty.

2. The Judgment Amount was calculated in accordance with the Note, Guaranty and Reaffhmation Agreement (as defined in the Complaint [Doc. No. 1]), as follows:

(a) Principal and Interest totaling $6,912,638.06, as follows: (i) $5,829,353.12 in unpaid and outstanding principal on the Note; (ii) $137,637.10 in accrued and unpaid interest through the date of filing of the Complaint (March 29, 2016); and (iii) $945,647.84 in accrued and unpaid post-filing interest (584 days (as of November 3, 2017) since March 29, 2016 × $1,619.26 per day); (b) "Enforcement Costs," as defined in the Guaranty, totaling $447,488.87 as follows: (i) $219,283.24 in attorneys' fees and costs incurred by Plaintiffs to Vedder Price P.C.; (ii) $29,601.25 in attorneys' fees and costs incurred by Plaintiffs to Bronson & Kahn LLC; (iii) $198,604.38 in fees incurred by Plaintiffs to Stout.

3. The Judgment Amount shall accrue post-judgment interest at a rate of nine percent (9%) per annum in accordance with 735 Ill. Comp. Stat. 5/2-1303.

4. Final judgment is hereby entered in favor of Plaintiffs and against Sillerman on Sillerman's Affirmative Defense and Counterclaim.

Entered: _________________________ Hon. Charles P. Kocoras Dated this ___ day of November 2017

FootNotes


1. Plaintiffs do not believe there is any dispute over the correct amount of said judgment. The principle and interest due and owing under the guaranty in question have been calculated consistent with Plaintiffs' Motion for Summary Judgment and support Memorandum. [Doc. Nos. 46 and 48.]
2. Plaintiffs have already agreed to forego for seven days any efforts to collect on the judgment while Sillerman considers a payment plan proposal.
Source:  Leagle

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