Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-casd-3_10-cv-02583/USCOURTS-casd-3_10-cv-02583-2/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:77 Securities Fraud

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MINUTES OF THE UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF CALIFORNIA

LUCIANI v. LUCIANI No. 10-2583-JM(WVG) 

HON. WILLIAM V. GALLO CT. DEPUTY J. YAHL RPTR. 

Attorneys

Plaintiffs Defendants

 

The date and time of the Settlement Conference on April 25, 2012 at 9:00 AM is

vacated and reset for June 14, 2012 at 9:00 AM.

All parties or their representatives who have full authority to enter into a

binding settlement, in addition to the attorneys participating in the

litigation, shall be present at the conference.

Pursuant to Local Civil Rule 16.3, all party representatives and claims

adjusters for insured defendants with full and unlimited authority to negotiate

and enter into a binding settlement, as well as the principal attorney(s)

responsible for the litigation, must be present and legally and factually

prepared to discuss and resolve the case at the mandatory settlement conference. 

Retained outside corporate counsel shall not appear on behalf of a corporation

as the party who has the authority to negotiate and enter into a settlement. 

"Full authority to settle" means that the individuals at the settlement

conference must be authorized to fully explore settlement options and to agree

at that time to any settlement terms acceptable to the parties. Heileman

Brewing Co., Inc. v. Joseph Oat Corp., 871 F.2d 648 (7th Cir. 1989). The person

needs to have "unfettered discretion and authority" to change the settlement

position of a party. Pitman v. Brinker Intl., Inc., 216 F.R.D. 481, 485-486 (D.

Ariz. 2003). The purpose of requiring a person with unlimited settlement

authority to attend the conference includes that the person's view of the case

may be altered during the face to face conference. Id. at 486. A limited or

a sum certain of authority is not adequate. Nick v. Morgan's Foods, Inc., 270

F.3d 590 (8th Cir. 2001).

DATED: April 20, 2012

 Hon. William V. Gallo

 U.S. Magistrate Judge

Case 3:10-cv-02583-JM-WVG Document 35 Filed 04/20/12 Page 1 of 1