Seawolf Tankers Inc. v. Laurel Shipping LLC
Filing
160
ORDER The Court, having been advised that the parties have reached a settlement in principle, hereby ORDERS that the above-entitled actions be and are hereby DISMISSED and discontinued without costs, and without prejudice to the right to reopen the actions within 30 days of the date of this Order if the settlement is not consummated. To be clear, any application to reopen must be filed by the aforementioned deadline; any such application filed thereafter may be denied solely on that basis. Fu rther, requests to extend the deadline to reopen are unlikely to be granted. If the parties wish for the Court to retain jurisdiction for the purposes of enforcing any settlement agreement, they must submit the settlement agreement to the Court by t he deadline to reopen to be "so ordered" by the Court. Pursuant to Paragraph 6.C of the Court's Individual Rules and Practices for Civil Cases, unless the Court orders otherwise, the Court will not retain jurisdiction to enforce a settlement agreement unless it is made part of the public record. Any pending motions are moot. All conferences are canceled. The Clerk of Court is directed to CLOSE the case. SO ORDERED. (Signed by Judge Jennifer H. Rearden on 3/26/2024) (jca)
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
FREEPOINT COMMODITIES LLC, AND
FREEPOINT COMMODITIES SINGAPORE
PTE LTD.,
Plaintiff,
-v.-
03/26/2024
20 Civ. 7246 (JHR)
RIDGEBURY KILO LLC AND SEAWOLF
TANKERS INC.,
Defendant.
SEAWOLF TANKERS INC.,
Plaintiff,
-v.-
20 Civ. 5198 (JHR)
ORDER
LAUREL SHIPPING LLC.,
Defendant.
JENNIFER H. REARDEN, District Judge:
The Court, having been advised that the parties have reached a settlement in principle,
hereby ORDERS that the above-entitled actions be and are hereby DISMISSED and
discontinued without costs, and without prejudice to the right to reopen the actions within 30
days of the date of this Order if the settlement is not consummated.
To be clear, any application to reopen must be filed by the aforementioned deadline;
any such application filed thereafter may be denied solely on that basis. Further, requests to
extend the deadline to reopen are unlikely to be granted.
If the parties wish for the Court to retain jurisdiction for the purposes of enforcing any
settlement agreement, they must submit the settlement agreement to the Court by the deadline to
reopen to be “so ordered” by the Court. Pursuant to Paragraph 6.C of the Court’s Individual
Rules and Practices for Civil Cases, unless the Court orders otherwise, the Court will not retain
jurisdiction to enforce a settlement agreement unless it is made part of the public record.
Any pending motions are moot. All conferences are canceled. The Clerk of Court is
directed to CLOSE the case.
SO ORDERED.
Dated: March 26, 2024
New York, New York
JENNIFER H. REARDEN
United States District Judge
2
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