Filed: Sep. 11, 2014
Latest Update: Sep. 11, 2014
Summary: JOINT FURTHER CASE MANAGEMENT STATEMENT AND ORDER CLAUDIA WILKEN, District Judge. The parties jointly submit this Joint Further Case Management Statement and [Proposed] Order pursuant to the Standing Order for All Judges of the Northern District of California, dated July 1, 2011, Civil Local Rule 16-10(d), and Federal Rule of Civil Procedure 26(f). This Further Joint Case Management Statement reports progress and changes since the Further Joint Case Management Statement, filed on February 19,
Summary: JOINT FURTHER CASE MANAGEMENT STATEMENT AND ORDER CLAUDIA WILKEN, District Judge. The parties jointly submit this Joint Further Case Management Statement and [Proposed] Order pursuant to the Standing Order for All Judges of the Northern District of California, dated July 1, 2011, Civil Local Rule 16-10(d), and Federal Rule of Civil Procedure 26(f). This Further Joint Case Management Statement reports progress and changes since the Further Joint Case Management Statement, filed on February 19, 2..
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JOINT FURTHER CASE MANAGEMENT STATEMENT AND ORDER
CLAUDIA WILKEN, District Judge.
The parties jointly submit this Joint Further Case Management Statement and [Proposed] Order pursuant to the Standing Order for All Judges of the Northern District of California, dated July 1, 2011, Civil Local Rule 16-10(d), and Federal Rule of Civil Procedure 26(f). This Further Joint Case Management Statement reports progress and changes since the Further Joint Case Management Statement, filed on February 19, 2014, and makes proposals for the remainder of the case development process.
The parties have agreed to the terms of the settlement agreements in each of the above-captioned actions, the action captioned Federal Deposit Insurance Corporation as Receiver for Innovative Bank v. Hong et al., N.D. Cal. Case No. C 12-2658 CW ("the FDIC Action"), and a related bond claim. Harry Choi, one of the individual plaintiffs in one of the captioned actions, passed away on June 30, 2014, resulting in a delay in obtaining an authorized signature on his behalf on the settlement agreements. His widow filed a petition for confirmation of property belonging to the surviving spouse, including the chose in action arising from and comprising the three captioned actions and the related action captioned Federal Deposit Insurance Corporation v. Hong et al., Case No. C 12-2658 CW, set for hearing on October 14, 2014, in the Contra Costa County Superior Court, Case No. P14-01110. The widow is expected to sign the settlement agreements on behalf of her late husband upon the Contra Costa County Superior Court entering the widow's proposed order confirming that such property passes to her. The parties anticipate that the settlement agreements will be fully executed shortly thereafter.
In light of these developments, the parties propose that the Case Management Conference be postponed to October 29, 2014, or other date suitable for the Court.
The undersigned have given authority to counsel for Chartis Specialty Insurance Company to file this Joint Further Case Management Statement and [Proposed] Order.
ORDER
The above JOINT FURTHER CASE MANAGEMENT STATEMENT AND PROPOSED ORDER is approved as the Further Case Management Order for these cases and all parties shall comply with its provisions. In addition, the Court makes the further orders stated below: The case management conference will be held on November 5, 2014, at 2:00 p.m.
IT IS SO ORDERED.
