Fernandez et al v. HR Parking Inc et al

Filing 177

ORDER re: 176 Notice of Settlement filed by Candiany Rodriguez, Carlos Arzeno, Julio Diaz, Bryan Fernandez, Hernando Daza. The trial scheduled for June 21, 2021, is cancelled. The settlement approval letter must be filed by July 8, 2021, and must address the matters set forth in the Order. As further set forth in the Order. (Signed by Magistrate Judge Gabriel W. Gorenstein on 06/18/2021) (Gorenstein, Gabriel)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ---------------------------------------------------------------X BRYAN FERNANDEZ, et al., : Plaintiffs, -v.HR PARKING INC., et al., : 16 Civ. 2762 (GWG) : ORDER : Defendants. : ---------------------------------------------------------------X GABRIEL W. GORENSTEIN, UNITED STATES MAGISTRATE JUDGE The trial scheduled for June 21, 2021, is cancelled. Because this case contains one or more claims arising under the Fair Labor Standards Act, the parties must file a joint letter or motion that addresses whether the settlement is fair and reasonable in light of the requirements of Cheeks v. Freeport Pancake House, Inc., 796 F.3d 199 (2d Cir. 2015), Any such letter or motion shall be filed by July 8, 2021, and must address the claims and defenses; the defendants’ potential monetary exposure and the bases for any such calculations; the strengths and weaknesses of the plaintiffs’ case and the defendants’ defenses, any other factors that justify the discrepancy between the potential value of plaintiffs' claims and the settlement amount; the litigation and negotiation process; and any other issues that might be pertinent to the question of whether the settlement is reasonable (for example, the collectability of any judgment if the case went to trial). The joint letter or motion must also disclose the attorney fee arrangement, attach a copy of the retainer agreement, and provide information as to actual attorney’s fees expended. Finally, a copy of the settlement agreement itself must accompany the joint letter or motion. SO ORDERED. Dated: June 18, 2021 New York, New York

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