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Sec. & Exch. Comm'n v. Gerasimowicz

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK
Jun 25, 2014
14 Misc. 30 (S.D.N.Y. Jun. 25, 2014)

Opinion

14 Misc. 30

06-25-2014

SECURITIES AND EXCHANGE COMMISSION, Petitioner, v. WALTER V. GERASIMOWICZ, ET AL., Respondents.


MEMORANDUM OPINION

AND ORDER

JOHN G. KOELTL, District Judge:

Respondent Gerasimowicz has moved for leave to proceed in forma pauperis on appeal. "The decision of whether to grant a request to proceed in forma pauperis is left to the District Court's discretion under 28 U.S.C. § 1915. The Court's discretion is limited in that: An appeal may not be taken in forma pauperis if the trial court certifies in writing that it is not taken in good faith." Burda Media Inc. v. Blumenberg, 731 F. Supp. 2d 321, 322-23 (S.D.N.Y. 2010) (citations and internal quotation marks omitted). The "good faith" standard is an objective one, and it is not met when a party seeks review of a frivolous claim. See Coppedge v. United States, 369 U.S. 438, 445 (1962); Linden v. Harper & Row Publishers, 490 F. Supp. 297, 300 (S.D.N.Y. 1980) (applying the objective good faith standard in the civil context). Here, the respondent has failed to demonstrate that his appeal has any merit. Accordingly, the respondent's application to proceed in forma pauperis is denied, without prejudice to his ability to seek the same relief from the Court of Appeals. See Coppedge, 369 U.S. at 445. The Clerk is directed to close Docket No. 21.

SO ORDERED.

Dated: New York, New York

June 25, 2014

__________

John G. Koeltl

United States District Judge


Summaries of

Sec. & Exch. Comm'n v. Gerasimowicz

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK
Jun 25, 2014
14 Misc. 30 (S.D.N.Y. Jun. 25, 2014)
Case details for

Sec. & Exch. Comm'n v. Gerasimowicz

Case Details

Full title:SECURITIES AND EXCHANGE COMMISSION, Petitioner, v. WALTER V. GERASIMOWICZ…

Court:UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

Date published: Jun 25, 2014

Citations

14 Misc. 30 (S.D.N.Y. Jun. 25, 2014)