Moore et al v. Chase Bank USA, N.A.

Filing 28

ORDER DISMISSING DEFENDANT CASE ISSUANCE TRUST. The matter is dismissed without prejudice as to all claims asserted in the Master Complaint against Chase Issuance Trust, with each party to bear their own attorneys' fees and costs. Signed by Judge Maxine M. Chesney on April 12, 2012. (mmclc1, COURT STAFF) (Filed on 4/12/2012)

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1 2 3 4 5 6 7 STROOCK & STROOCK & LAVAN LLP JULIA B. STRICKLAND (State Bar No. 083013) STEPHEN J. NEWMAN (State Bar No. 181570) A.R. KACHADOORIAN (State Bar No. 240601) CHRISTINE E. ELLICE (State Bar No. 276181) 2029 Century Park East Los Angeles, California 90067-3086 Telephone: 310-556-5800 Facsimile: 310-556-5959 Attorneys for Defendants CHASE BANK USA, N.A. and CHASE ISSUANCE TRUST 8 UNITED STATES DISTRICT COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 11 12 13 14 In re: Chase Bank USA, N.A. “Check Loan” Contract Litigation THIS DOCUMENT RELATES TO ALL CASES 15 16 ) ) ) ) ) ) ) ) ) ) ) MDL No. 2032 Case No. 3:09-md-02032-MMC [Assigned to the Hon. Maxine M. Chesney] STIPULATION AND [PROPOSED] ORDER DISMISSING DEFENDANT CHASE ISSUANCE TRUST 17 18 19 20 21 22 23 24 25 26 27 28 LA 51531779 STIPULATION AND [PROPOSED] ORDER MDL No. 2032, Case No. 3:09-md-02032-MMC 1 WHEREAS, on May 13, 2011, the Court certified a class of credit card customers of 2 defendant Chase Bank USA, N.A. (“Chase”) in this matter against Chase and Chase Issuance Trust 3 (the “Trust”); 4 5 WHEREAS, Chase represents that the Trust does not issue credit card accounts, did not send the promotional offers at issue, and had no role in the change in terms at issue; WHEREAS, Chase confirms that all of the class members entered into contracts regarding 7 the credit card accounts at issue with Chase, the issuer of the accounts, and not the Trust, and that 8 each of the class members had contractual relationships with Chase, and not the Trust, regarding 9 the credit card accounts at issue at the time of the change in terms at issue; 10 2029 Century Park East Los Angeles, California 90067-3086 STROOCK & STROOCK & LAVAN LLP 6 11 12 13 WHEREAS, the remaining claim in the Master Complaint in this matter is for breach of the implied covenant of good faith and fair dealing; WHEREAS, based on the foregoing, the parties agree that it is appropriate to dismiss the Trust from this matter; 14 WHEREAS, this Stipulation is made in good faith and not for purposes of delay. 15 IT IS HEREBY STIPULATED, by and between the parties, through their respective 16 17 counsel of record, that: Pursuant to Federal Rule of Civil Procedure 41(a)(1)(ii), the above-captioned matter shall 18 be, and is, dismissed WITHOUT PREJUDICE as to all claims asserted in the Master Complaint 19 against Chase Issuance Trust, with each party to bear their own attorneys’ fees and costs. 20 IT IS SO STIPULATED. 21 22 Dated: April 11, 2012 23 24 25 STROOCK & STROOCK & LAVAN LLP JULIA B. STRICKLAND STEPHEN J. NEWMAN ALEXANDRIA KACHADOORIAN CHRISTINE E. ELLICE By: 26 /s/ Stephen J. Newman Stephen J. Newman Attorneys for Defendants 27 28 LA 51531779 -1STIPULATION AND [PROPOSED] ORDER MDL No. 2032, Case No. 3:09-md-02032-MMC 1 Dated: April 11, 2012 2 3 LIEFF CABRASER HEIMANN & BERNSTEIN, LLP ELIZABETH J. CABRASER MICHAEL W. SOBOL ROGER N. HELLER 4 5 By: 6 /s/ Roger N. Heller (with permission) Roger N. Heller Attorneys for Plaintiffs 7 8 10 2029 Century Park East Los Angeles, California 90067-3086 STROOCK & STROOCK & LAVAN LLP 9 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 LA 51531779 -2STIPULATION AND [PROPOSED] ORDER MDL No. 2032, Case No. 3:09-md-02032-MMC ORDER 1 2 IT IS HEREBY ORDERED, pursuant to the Stipulation between the parties, that: 3 Pursuant to Federal Rule of Civil Procedure 41(a)(1)(ii), the above-captioned matter shall 4 be, and is, dismissed WITHOUT PREJUDICE as to all claims asserted in the Master Complaint 5 against Chase Issuance Trust, with each party to bear their own attorneys’ fees and costs. 6 7 PURSUANT TO STIPULATION, IT IS SO ORDERED. DATED: April 12, 2012 8 10 2029 Century Park East Los Angeles, California 90067-3086 STROOCK & STROOCK & LAVAN LLP 9 _________________________________ The Honorable Maxine M. Chesney United States District Judge 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 LA 51531779 -3STIPULATION AND [PROPOSED] ORDER MDL No. 2032, Case No. 3:09-md-02032-MMC

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