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BlueCrest Capital Int'l Master Fund v. OmniGuide, Inc.

United States District Court, Northern District of Illinois
Oct 28, 2022
22-cv-1437 (N.D. Ill. Oct. 28, 2022)

Opinion

22-cv-1437

10-28-2022

BLUECREST CAPITAL INTERNATIONAL MASTER FUND LIMITED, in Voluntary Liquidation, Plaintiff, v. OMNIGUIDE, INC., Defendant.

Antonio DeBlasio DEBLASIO & GOWER LLC Dylan J. Liddiard (Lead Counsel) Wilson Sonsini Goodrich & Rosati Danielle J. Gould (Local Counsel) Burke Warren Mackay & Serritella P.C.


Antonio DeBlasio DEBLASIO & GOWER LLC

Dylan J. Liddiard (Lead Counsel) Wilson Sonsini Goodrich & Rosati

Danielle J. Gould (Local Counsel) Burke Warren Mackay & Serritella P.C.

AGREED MOTION FOR ENTRY OF CONSENT JUDGMENT UNDER SEAL

HON. MARY M. ROWLAND J.

Plaintiff, BlueCrest Capital International Master Fund Limited, in Voluntary Liquidation (“Plaintiff”), and Defendant OmniGuide, Inc. (“Defendant”), by and through their respective attorneys, pursuant to Local Rule 26.2, jointly move this honorable Court for entry of a consent judgment under seal and to retain jurisdiction to enforce the terms and conditions of the parties' settlement agreement and the consent judgment. In support of this agreed motion, the parties state:

1. On March 18, 2022, Plaintiff filed this lawsuit against the Defendant.

2. On August 4, 2022, after having engaged in informal settlement discussions, the parties agreed to proceed with private mediation. The mediation occurred on October 20, 2022 with the Hon. James F. Holderman (Ret.) through JAMS.

3. During the private mediation, the parties reached a settlement.

4. On October 24, 2022, the parties entered into a confidential written Settlement Agreement and Mutual Release, the terms of which required, inter alia, entry of a consent judgment against the Defendant under seal (the “Agreement”).

5. Pursuant to Local Rule 26.2(b), good cause exists for entry of the consent judgment under seal because (a) the parties' settlement is contingent upon the entry of the consent judgment, (b) the parties' have agreed to terms of settlement and the consent judgment on the condition that it be filed under seal, and (c) the consent judgment is subject to being vacated if the Defendant complies with all terms of the consent judgment and the parties' Agreement.

6. Accordingly, pursuant to Local Rule 26.2(b), the parties jointly move this Court for entry of a sealing order directing that the consent judgment be filed under seal with the limited descriptive notation “Sealed Order.”

7. The parties also move this Court to retain jurisdiction to enforce the terms of the Agreement and the Consent Judgment.

8. Pursuant to Local Rule 26.2(c), the parties will provisionally file the consent judgment under seal.

WHEREFORE, Plaintiff and Defendant respectfully move this honorable Court for entry of the consent judgment under seal, to retain jurisdiction to enforce the terms and conditions of the parties' settlement agreement and the consent judgment and for such other and further relief as this Court deems just and proper.


Summaries of

BlueCrest Capital Int'l Master Fund v. OmniGuide, Inc.

United States District Court, Northern District of Illinois
Oct 28, 2022
22-cv-1437 (N.D. Ill. Oct. 28, 2022)
Case details for

BlueCrest Capital Int'l Master Fund v. OmniGuide, Inc.

Case Details

Full title:BLUECREST CAPITAL INTERNATIONAL MASTER FUND LIMITED, in Voluntary…

Court:United States District Court, Northern District of Illinois

Date published: Oct 28, 2022

Citations

22-cv-1437 (N.D. Ill. Oct. 28, 2022)