Anwar et al v. Fairfield Greenwich Limited et al

Filing 1359

ENDORSED LETTER addressed to Judge Victor Marrero from Richard E. Brodsky dated 3/4/2015 re: This is a request for a conference during which we would seek to raise with the Court its filing with the Judicial Panel on Multi District Litigation a Suggestion of Remand of the Standard Chartered Cases under JPML Rules 10.1 and 10.3. ENDORSEMENT: The Clerk of Court is directed to enter into the public record of this action the letter above submitted to the Court by Standard Chartered plaintiffs. (Signed by Judge Victor Marrero on 3/6/2015) (lmb)

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From: Richard E. Brodsky To: Hon. Victor Marrero Fax: (888) 391-5819 Fax: +1 i212i 805-6382 THE BRODSKY LAW FIRM, RICHARD Page 2 of 3 03/0412015 3:12 PM PL E. BRODSKY, ATIORNEY AT LAW Ii .DOCL~.1EI\T Ir:: E.CTRO!\IC:\! l.Y l'rLt:D·. March 4, 2015 By Facsimile Transmission Honorable Victor Marrero United States District Judge Daniel Patrick Moynihan U.S. Courthouse 500 Pearl Street New York, New York 10007-1312 Re: ~ J I ~· FIL_L~ ·7/iL. ~ !lOC#: f"I' Anwar, et al. v. Fairfield Greenwich Limited, et al., 09-cv-118 (VM) (THK) SC Cases Dear Judge Marrero: I am the Liaison Counsel for, and on behalf of, the Standard Chartered Plaintiffs, in the Standard Chartered Cases. This is a request for a conference during which we would seek to raise with the Court its filing with the Judicial Panel on Multi District Litigation a Suggestion of Remand of the Standard Chartered Cases under JPML Rules 10.1 and 10.3. The status of the Standard Chartered Cases is as follows: 1. The first Standard Chartered Case was transferred to this Court for pretrial procedures in October 2009. (DE 281, Oct. 14, 2009). 2. All fact discovery was concluded in August 2012. 3. All expert reports have been clelivel'ecl and all expert discovery has been concluded_ 4_ By letter dated August 29, 2014, the Standard Chartered requested a conference regarding their desire to file a motion for summary judgment_ (DE 1314, Sept. 3, 2014). :). By letter dated September 12, 2014, the Standard Chartered Plaintiffs opposed the request for leave to file for summary 200 S. BISCAYNE BOULEVARD, STE. 1930 •MIAMI, Fl.ORIDA 33131 WWW.THEBRODSK YLAWFIRM.COM 786-220-3328 • RBRODSKY@THEBRODSKYLAWFIRM.COM From: Richard E. Brodsky Fax: (888) 391-5819 To: Hon. Victor Marrero Fax: +1 (2121 805-6382 Page 3 of 3 03/0412015 3:12 PM Hon_ Victor Marrero March 4, 2015 Page 2 judgment on the ground that such a motion would be futile and a wastl') of party and judicial i·csourccs- (Sealed). 6. This Court held a hearing on September 29, 2014 on the request and ordered additional letter briefs. (Unnumbered paperless order, Sept. 29, 2014). 7. The Standard Chartered Defendants submitted a letter brief elated October 31, 2014. (DE 1333, 11/05/14). 8. The Standard Chartered Plaintiffs submitted a letter brief dated November 17, 2014. (DE 1349, 117/15). No order or other direction from the Court has been given. We note, however, that at the hearing on September 29, 2014, the Court stated its preliminary view that the Standard Chartered Defendants' showing an entitlement to summary judgment on the Standard Chartered Plaintiffs' claims would be an "uphill battle." Transcr., 9/29/14 hrg., 47. As we have demonstrated, the Standard Chartered Defendants should be declared the losers of that battle. With respect, further delay occasioned by the Standard Chartered Defendants' request for leave to file a futile motion for summary judgment will cause our clients undue pr(~judice. We respectfully submit that a conference would enable the Court and the parties to discuss the Court's sending the ~JPML a suggestion of remand and therefore expedite this matter in accordance with Fed.R.Civ.P. 1. Thank you for your careful consideration of this letter. Sincerely yours, cc: SC Plaintiffs' Counsel SC Defendants' Counsel

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