Wailea Partners, LP v. HSBC Bank USA, N.A.

Filing 12

ORDER FINDING THAT CASES ARE NOT RELATED. The cases C11-03544 SC and C10-3588 WHA are not related and no reassignment will occur. Signed by Judge William Alsup on 9/9/12. (dt, COURT STAFF) (Filed on 9/13/2011)

Download PDF
1 2 3 4 5 6 7 8 IN THE UNITED STATES DISTRICT COURT 9 FOR THE NORTHERN DISTRICT OF CALIFORNIA 11 For the Northern District of California United States District Court 10 12 13 EDGAR W. TUTTLE, ERIC BRAUN, THE BRAUN FAMILY TRUST, AND WENDY MEG SIEGEL, on behalf of themselves and all others similarly situated, 15 16 17 ORDER FINDING THAT CASES ARE NOT RELATED Plaintiffs, 14 No. C 10-03588 WHA v. SKY BELL ASSET MANAGEMENT, LLC, et al., Defendants. / 18 19 On August 31, 2011, plaintiff Wailea Partners, LP filed an administrative motion to consider 20 whether Wailea Partners, LP v. HSBC Bank USA, N.A., C 11-03544 SC, should be related to Tuttle, 21 et al. v. Sky Bell Asset Management, LLC, et al., C 10-03588 WHA. Having viewed the two case 22 23 files, the undersigned judge finds that these two actions are not related. The Tuttle action concerns a 24 class of investors challenging numerous financial transactions, auditors, partnerships, and managers, 25 only one of which is in the HSBC action. By contrast, HSBC involves Wailea’s attempt to rescind a 26 single investment contract. There are substantial differences between the claims in the two actions 27 that will result in different discovery, procedural, factual and legal issues. Thus, relating the cases 28 would not likely promote judicial efficiency or consistency. 1 2 The cases are not related and no reassignment will occur. . 3 4 IT IS SO ORDERED. 5 6 Dated: September 9, 2011. WILLIAM ALSUP UNITED STATES DISTRICT JUDGE 7 8 9 11 For the Northern District of California United States District Court 10 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.


Why Is My Information Online?