| As Broker Genius Talks
Settlement SDNY Judge Stein Notes What Is Said
Can Be Published
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- The
Source
SDNY COURTHOUSE,
June 23 – Broker
Genius, Inc. sued Seat Scouts
for allegedly stealing its
trade secret technology. Then
Seat Scouts filed a Suggestion
of Bankruptcy.
U.S.
Distict Court for the Southern
District of New York Judge
Sidney H. Stein held a
proceeding on June 23. Inner
City Press covered
it. The parties
quickly said they are nearing
a settlement, and began to
describe it.
Judge Stein
wisely cautioned them to stop.
He reminded them it was a
public proceeding and
recounted that in a case
before another SDNY judge the
parties in a similarly open
proceeding mentioned a
proposed settlement figured.
The Press published it - Judge
Stein correctly said that was
fine, it was an open
proceeding. But this case, he
urged circumspection.
And so a
letter will be filed soon, on
whether there is in fact a
settlement in principle, or a
signed deal.
The case is
Broker Genius Inc. v. Seat
Scouts LLC et al., 17-cv-8627
(Stein).
***
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