Young et al v. Bank of America, N.A.

Filing 29

ORDER re joint status report. Signed by Judge Hamilton on 7/22/2013. (pjhlc2, COURT STAFF) (Filed on 7/22/2013)

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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CRAIG A. YOUNG, et al.,
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Plaintiffs,

No. C 12-5514 PJH

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v.

ORDER RE JOINT STATUS REPORT

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BANK OF AMERICA, N.A.,
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Defendant.
_______________________________/

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For the Northern District of California

United States District Court

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On July 19, 2013, the parties submitted a joint status statement in the above-

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captioned case. The parties noted that the court stayed this case pending a settlement in

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Duke v. Bank of America, and further noted that the status conference in Duke was

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continued from July 12, 2013 to September 13, 2013. Plaintiffs now argue that “no

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settlement is in sight,” and request that the stay be lifted in this case. However, the parties

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in Duke have stated that they have now completed all confirmatory discovery for settlement

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purposes, and “anticipate that they will have a final settlement agreement in place in the

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coming weeks.” See Case No. 12-4009, Dkt. 39 (July 10, 2013). Because a settlement in

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Duke does appear to be forthcoming, and because that settlement will extinguish the

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claims of many of the putative class members in this case, the court declines to lift the stay

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at this time. Instead, the parties are directed to file a joint status report within 7 days of the

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September 13, 2013 status conference.

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IT IS SO ORDERED.
Dated: July 22, 2013
______________________________
PHYLLIS J. HAMILTON
United States District Judge