Innovatus Capital Partners, LLC v. Neuman et al, No. 1:2018cv04252 - Document 353 (S.D.N.Y. 2022)

Court Description: OPINION & ORDER re: (341 in 1:18-cv-04252-LLS) MOTION in Limine . filed by Amanda Zachman, Greg Williams, Antony Mitchell, Jonathan Neuman, Daryl Clark, Ritz Advisors, LLC, (297 in 1:18-cv-07142-LLS) MOTION in Limine . filed by MV Realty PBC, LLC. MV Realty Parties' ( "MV") Motion in Limine No. 2 ("To preclude evidence concerning irrelevant provisions in agreements between MV and third parties") is denied. The evidence consists of con fidentiality provisions and restrictive covenants in more than a dozen agreements by which MV restrained third parties to whom MV disclosed its business methods from revealing their nature to others. But common sense and normal experience see the c areful guarding of something as an indication that it is valuable to its owner and (failing other explanations) that those business methods were regarded as valuable by MV. The value of those methods is a core issue in the case and Innovatus has th e right to argue that MV regarded the business opportunity and methods as confidential and worth protection from disclosure. That evidence is relevant, and MV's motion to preclude it is denied. (Signed by Judge Louis L. Stanton on 10/12/2022) (rro)

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Innovatus Capital Partners, LLC v. Neuman et al Doc. 353 Case 1:18-cv-04252-LLS Document 353 Filed 10/12/22 Page 1 of 2 . ORIGINAL l '"DC SDNY UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK INNOVATUS CAPITAL PARTNERS, LLC, Plaintiff, 18 Civ. 04252 (LLS) - against OPINION & ORDER JONATHAN NEUMAN, ANTONY MITCHELL, RITZ ADVISORS, LLC, GREG WILLIAMS, DARYL CLARK, AND AMANDA ZACHMAN, Defendants. MV REALTY PBC, LLC, Plaintiff, 18 Civ. 07142 - against - (LLS ) OPINION & ORDER INNOVATUS CAPITAL PARTNERS, LLC, Defendants. MV Realty Parties' ( "MV") Motion in Limine No. 2 ( "To preclude evidence concerning irrelevant provisions in agreements between MV and third parties" ) is denied. The evidence consists of confidentiality provisions and restrictive covenants in more than a dozen agreements by which 1 Dockets.Justia.com Case 1:18-cv-04252-LLS Document 353 Filed 10/12/22 Page 2 of 2 MV restrained third parties to whom MV disclosed its business methods from revealing their nature to others . But common sense and normal experience see the careful guarding of something as an indication that it is valuable to its owner and (failing other explanations) that those business methods were regarded as valuable by MV. The value of those methods is a core issue in the case and I nnovatus has the right to argue that MV regarded the business opportunity and methods as confidential and worth protection from disclosure . That evidence is relevant , and MV ' s motion to preclude it is denied . So ordered. Dated : New York , New York October 12 , 2022 LOUIS L . STANTON U. S . D. J . 2

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