Curley v. Wells Fargo & Company et al

Filing 35

ORDER REQUIRING FURTHER BRIEFING Re Dkt. 4 . Signed by Judge Nathanael Cousins on 10/11/13. (lmh, COURT STAFF) (Filed on 10/11/2013)

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1 2 3 4 5 6 7 8 9 UNITED STATES DISTRICT COURT 10 NORTHERN DISTRICT OF CALIFORNIA 11 SAN FRANCISCO DIVISION 12 13 DAVID M. CURLEY, SR., Plaintiff, 14 15 16 17 Case No. 13-cv-03805 NC ORDER REQUIRING FURTHER BRIEFING v. Re: Dkt. No. 4 WELLS FARGO & CO., and others, Defendants. 18 19 In their pending motion to dismiss, Defendants argue that Plaintiff Curley’s TPP is 20 not an enforceable contract, and that “[n]either law nor equity provides a remedy” for such 21 an agreement. Dkt. No. 4 at 19. At oral argument, held October 9, 2013, counsel for 22 Defendants confirmed that a TPP does not create a contractual right to a loan modification. 23 The Court has become aware of a recent Ninth Circuit decision that neither party cited in its 24 papers, which addresses “whether a bank was contractually required to offer the plaintiffs a 25 permanent mortgage modification after they complied with the requirements of a trial 26 period plan.” Corvello v. Wells Fargo Bank, NA, 11-16234, 2013 WL 4017279 (9th 27 Cir. Aug. 8, 2013), as amended on reh'g in part (Sept. 23, 2013). 28 The Court reminds Defendants of their duty of candor with the Court, as well Case No. 13-cv-03805 NC ORDER REQUIRING FURTHER BRIEFING 1 as Rule 11, which notes that by submitting a brief to the Court, the parties certify that 2 “the claims, defenses, and other legal contentions are warranted by existing law.” 3 Fed. R. Civ. P. 11. 4 The parties are ORDERED to submit further briefing addressing how the 5 Ninth Circuit’s decision in Corvello impacts the Court’s analysis of the motion to 6 dismiss. Defendants must submit a brief, not to exceed five pages, addressing this 7 issue within seven days. Plaintiff must submit his opposition, not to exceed five 8 pages, within seven days of Defendants’ filing of their brief. The Court will not 9 require a reply brief. 10 11 12 IT IS SO ORDERED. 13 Date: October 11, 2013 14 _________________________ Nathanael M. Cousins United States Magistrate Judge 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Case No. 13-cv-03805 NC ORDER REQUIRING FURTHER BRIEFING 2

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