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- ilnd;;1:03-cv-01507_de276 RegisterActionDate "2007-10-03" @default.
- ilnd;;1:03-cv-01507_de276 RegisterActionDescriptionText "MINUTE entry before Judge John F. Grady :The court has read the authorities cited by the plaintiff on the question of whether there should be a setoff of defendants reinvestment against the plaintiffs claims for disgorgement. The authorities support the plaintiffs position that there should be no such setoff, and this court agrees that the rule makes good sense. It is the rule the court will apply, and there will be no setoffs for reinvestment. It is also likely that commissions paid by the defendants on sales will not be allowed as a setoff against disgorgement. As to the other matters addressed by the parties in their briefs concerning remedies, the court would like a short reply brief from the plaintiff prior to the hearing date. The court will hear oral argument, of course, but it will expedite the hearing if plaintiff provides a short brief containing the legal authorities it will rely on in reply to the points raised in the defendants response brief. In arranging for a new hearing date, sufficient time should be allowed for the plaintiff to file its reply brief. Mailed notice (rbf, ) (Entered: 10/04/2007)" @default.
- ilnd;;1:03-cv-01507_de276 AdministrativeID "268" @default.
- ilnd;;1:03-cv-01507_de276 OntologyLabel minute_entry @default.