Maxisiq, LLC, Formerly Known As Iomaxis, LLC, D/B/A Iomaxis v. Nicholas Hurysh, Jr.; Nicholas Hurysh, Jr. v. Maxisiq, LLC Formerly Known As Iomaxis, LLC, D/B/A Iomaxis; Nicholas Hurysh, Jr. v. Brad C. Buhr

CourtDistrict Court, D. Maryland
DecidedJuly 7, 2026
Docket8:22-cv-00314
StatusUnknown

This text of Maxisiq, LLC, Formerly Known As Iomaxis, LLC, D/B/A Iomaxis v. Nicholas Hurysh, Jr.; Nicholas Hurysh, Jr. v. Maxisiq, LLC Formerly Known As Iomaxis, LLC, D/B/A Iomaxis; Nicholas Hurysh, Jr. v. Brad C. Buhr (Maxisiq, LLC, Formerly Known As Iomaxis, LLC, D/B/A Iomaxis v. Nicholas Hurysh, Jr.; Nicholas Hurysh, Jr. v. Maxisiq, LLC Formerly Known As Iomaxis, LLC, D/B/A Iomaxis; Nicholas Hurysh, Jr. v. Brad C. Buhr) is published on Counsel Stack Legal Research, covering District Court, D. Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Maxisiq, LLC, Formerly Known As Iomaxis, LLC, D/B/A Iomaxis v. Nicholas Hurysh, Jr.; Nicholas Hurysh, Jr. v. Maxisiq, LLC Formerly Known As Iomaxis, LLC, D/B/A Iomaxis; Nicholas Hurysh, Jr. v. Brad C. Buhr, (D. Md. 2026).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND MAXISIQ, LLC, FORMERLY KNOWN AS IOMAXIS, LLC, D/B/A IOMAXIS, Plaintiff, Vv. NICHOLAS HURYSH, JR., Defendant. NICHOLAS HURYSH, JR. Coynter-Plaintil, Civil Action No: 8:22-cv-00314-JRR Vv. MAXISIQ, LLC FORMERLY KNOWN AS IOMAXIS, LLC, D/B/A IOMAXIS, Counter-Defendant. NICHOLAS HURYSH, JR. Third-Party Plaintiff, Vv. BRAD C. BUHR, Third-Party Defendant. REDACTED MEMORANDUM OPINION AND ORDER The court has before it the Motion to Enforce Settlement Agreement at ECF No. 207 filed by Defendant/Counter-Plaintiff/Third-Party Plaintiff Nicholas Hursyh, Jr., and all papers relating to same. The court convened a plenary evidentiary hearing on June 3, 2026. Based on the parties’ filings on the Motion, the affidavits submitted by the parties,! documentary evidence entered at

1 By stipulation, in support of their respective arguments in favor of and in opposition to the Motion, in lieu of live witness testimony, the parties offered sworn declarations (affidavits) of Third-Party Defendant Brad Buhr, Robert A. Burleson, William Gniffin, OT, al! of Plaintiff/Counter-Defendant MAXISIQ, LLC (“MAXISIQ”), and Defendant/Counter-Plaintiff/Third-Party Plaintiff Nicholas Hurysh, Jr. (ECF No. 237-1.) As a result of their stipulation, the Motion for Protective Order at ECF No. 235 was voluntarily withdrawn. (See order at ECF No. 236.) The phrase “MAXISIQ Parties” used herein refers jointly to Plaintiff/Counter-Defendant MAXISIQ, LLC, and Third- Party Defendant Brad Buhr. Further, throughout this case, the parties and the court have referred interchangeably to MAXISIQ and IOMAXIS to refer to the same entity: the court here uses the name MAXISIQ.

the hearing, as well as argument of counsel, the court finds as set forth below. I. RELEVANT BACKGROUND For the sake of brevity and efficiency, the court dispenses with reciting a fulsome background of the parties’ relationships and the procedural and substantive history of this case (and related cases). As the record reflects, the parties’ once apparently fruitful two-decade

business and employment relationship devolved into litigation across several judicial venues within and without this district, persisting over several years with innumerable pleadings and motions, and—in all—bearing the unfortunate hallmarks of the crucible of litigation at its worst. All of this looked like it was coming to a blessed end on Friday, January 30, 2026—the Friday before trial was set to begin Monday, February 2—when, after many fits and starts, the parties’ efforts to reach global resolution appeared by all accounts to cross the finish line. At 4:39 p.m., Aaron Nichols, co-counsel for Hurysh, emailed Travis Bustamante, co-counsel for MAXISIQ Parties as follows:

[INTENTIONALLY LEFT BLANK] Travis — Thanks again for the calls. Here are the material terms of the Parties’ agreement: 1: BE ayabie in four payments — payment schedule below. 2. Payable each year on March 31, with the first payment due on March 31, 2026. 3. Interest rate at per annum on the outstanding balance (beginning to accrue on April 1, 2026). 4. Accrued interest payable on March 31, 2027, March 31, 2028, and March 31, 2029. 1. NO penalty for early payoff. 5. Payment schedule, including accrued interest, as follows: 1. March 31, 2026 = 2. March 31, 2027= 3. March 31, 2028 = 4. March 31, 2029 = 1. Note: this is the calculation we discussed on the phone Let me know if it is consistent with your numbers. 6. Five Insights will be a party to the settlement agreement. 1. Standard terms on the agreement (attorneys’ fees, acceleration in event of breach, etc.). 7. Mutual and full releases. 8. Release/dismissal of the 1099 lawsuit would require a formal letter from IOMAXIS/MAXISIQ (or it’s accountant) that the two 1099s were issued in error and thus have been withdrawn (something demonstrating that Hurysh did not received such income and, therefore, does not owe taxes on the stated income). 9. Strict confidentiality. We also agreed that we will cancel the trial for Monday and agreed that, if settlement goes sideways, we will try one consolidated trial on all remaining issues. Please let me know if this reflects the parties’ agreement. I’m available to discuss. Thanks, Aaron

(ECF No. 209-1, sealed: Hurysh Hearing Ex. 1.) At 4:59 p.m., Bustamante replied: “Yes. Looks right. We’ll take a pen.* ... Swing by the Pendry for a beer.” (Ex. C, ECF No. 228-3 at p. 2.) The parties also agreed that because Magistrate Judge Quereshi (to whom the case was referred for settlement and other purposes) would let the undersigned know they had reached a settlement, the parties did not have to make

? The parties agreed counsel for MAXISIQ would take lead on drafting the longform settlement agreement. Further, reference in the parties’ January 30 email correspondence to the “1099 lawsuit” is to Case No. 25-507-JRR.

the effort to reach out to chambers directly to request that trial be canceled. As the parties expected, that same day, Judge Quereshi advised the undersigned that the parties had settled and that a Rule 111 should be entered. Thereafter, at 7:09 p.m. that evening, the court (the undersigned) emailed all counsel: Good evening, counsel. Congratulations on reaching a settlement. I have directed that a R. 111 order be docketed and, following that, an order canceling trial. I have requested that court staff docket the orders this evening. Once you see them come through via ECF, you need not appear on Monday. Thank you for continuing to work diligently to resolve this case. Be well, and stay safe and warm. JRR No attorney responded to that email or otherwise alerted the court that a settlement had not in fact been reached, that a Rule 111 order should not be docketed, or that trial should not be canceled. About 40 minutes later, at 7:51 p.m., Friday, January 30, 2026, a Rule 111 order was docketed at ECF No. 203: This court has been advised by the parties that the above action has been settled, including all counterclaims, cross-claims, and third- party claims, if any. Accordingly, pursuant to Local Rule 111 it is ORDERED that: This action is hereby dismissed and each party is to bear its own costs unless otherwise agreed, in which event the costs shall be adjusted between the parties in accordance with their agreement. The entry of this order is without prejudice to the right of a party to move for good cause within 30 days to reopen this action if settlement is not consummated. If no party moves to reopen, the dismissal shall be with prejudice.3 3 By email of Tuesday, February 3, 2026, counsel for MAXISIQ Parties confirmed to Judge Quereshi’s chambers that a Rule 111 order should also be entered in the parties’ related case (referred to as the “1099 lawsuit” in the January 30 email correspondence), Case No. 25-507-JRR, because “[t]he settlement reached in [Case No. 22-314-JRR] does extend to the related Tax/1099 case . . . and that case will be dismissed.” (Hurysh Hearing Ex. 5; also at ECF No. 229-2, Ex. B to Hurysh’s reply in support of the Motion)(emphasis in original.) Immediately thereafter, at 7:54 p.m., the court entered an order canceling the trial set to start Monday, February 2, 2026. (ECF No. 204.) Again, at no time did any party express to any other party or to the court that the Rule 111 order should not have been issued. No party notified the court at any time that, in fact, the case had not been settled as clearly set forth in the Rule 111 order at ECF No. 203; to the contrary, as set forth in footnote 3, supra, counsel for MAXISIQ

Parties expressly confirmed to Judge Quereshi’s chambers staff that both this action and the 1099 lawsuit had been settled.

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Maxisiq, LLC, Formerly Known As Iomaxis, LLC, D/B/A Iomaxis v. Nicholas Hurysh, Jr.; Nicholas Hurysh, Jr. v. Maxisiq, LLC Formerly Known As Iomaxis, LLC, D/B/A Iomaxis; Nicholas Hurysh, Jr. v. Brad C. Buhr, Counsel Stack Legal Research, https://law.counselstack.com/opinion/maxisiq-llc-formerly-known-as-iomaxis-llc-dba-iomaxis-v-nicholas-mdd-2026.