The Plaintiffs moved for approval of Pierringer settlement agreements with Third Party Defendants.
The Citibank Defendants consented to the approval but cross-moved for conditions ensuring continued discovery rights, including the right to examine Michael Yurkovich as a party.
The court approved the Pierringer agreements, imposing the condition that Third Party Defendants retain their obligations as if they remained parties, specifically granting the Citibank Defendants discovery and cross-examination rights due to the non-arm's-length relationship between the Plaintiffs and Third Party Defendants.
