A settlement agreement has apparently fallen apart in the Kleiman v. Wright litigation in Florida federal court. According to a motion filed by plaintiffs on November 1, an early September settlement in principle was broken by Mr. Wright when “[o]n October 30, without any advance notice, Plaintiffs were informed Craig could no longer finance the settlement and was “breaking” the non-binding settlement agreement.”
Two motions had previously been filed with the Court, seeking relief from pending deadlines and a trial date. Plaintiffs say that the settlement discussions were initiated at Mr. Wright’s request and “due to the fact that Craig represented he had the means to finance a settlement.” In reliance on this settlement in principle, plaintiffs say they had ceased active litigation and instead were focusing efforts on resolving the case.
Per plaintiffs’ motion, they now need to take the deposition of James Wilson, the CFO of Mr. Wright’s companies during the relevant period of time. Because the deposition needs to be taken on short notice, plaintiffs have asked the court for leave to do the same, over Mr. Wright’s objection. Plaintiffs say that “defense counsel informed Plaintiffs they would not consent to the deposition on November 8, 2019, and would need to revert next week on whether they would consent to a video deposition at a later date.”
The Court has entered an order giving Mr. Wright until tomorrow to make a response, which is not a lot of time.
There is little chance that there’s anything his very able attorneys — who are probably not happy with their own client, if I were to speculate — will be able to say anything that convinces this judge that this deposition should not go forward.