The Federal Deposit Insurance Corporation, et al v. Killinger et al

Filing 50

STIPULATION AND ORDER re 49 Stipulation filed by David C Schneider, Esther T Rotella, Linda C Killinger, Stephen J Rotella, The Federal Deposit Insurance Corporation, Kerry K Killinger by Judge Marsha J. Pechman. (IM)

The Honorable Marsha J. Pechman

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UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF WASHINGTON
AT SEATTLE

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10 THE FEDERAL DEPOSIT INSURANCE
CORPORATION, AS RECEIVER OF
11 WASHINGTON MUTUAL BANK,
Plaintiff,

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vs.

14 KERRY K. KILLINGER, STEPHEN J.
ROTELLA, DAVID C. SCHNEIDER,
15 LINDA C. KILLINGER, and ESTHER T.
ROTELLA,
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Defendants.
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Case No. 2:11-cv-00459
SECOND AMENDED STIPULATION
AND ORDER TO SET TIME FOR
DEFENDANTS TO FIRST RESPOND TO
COMPLAINT AND RELATED
BRIEFING SCHEDULE
Note on Motion Calendar: June 16, 2011

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Plaintiff Federal Deposit Insurance Corporation, as Receiver of Washington Mutual

20 Bank (“FDIC”) and Defendants Kerry K. Killinger, Linda C. Killinger, Stephen J. Rotella, David
21 C. Schneider, and Esther T. Rotella (“Defendants”), through their respective counsel, submit this
22 Stipulation and [Proposed] Order to modify the date by which Defendants must answer or
23 otherwise first respond to the FDIC’s Complaint (Dkt. No. 1) and, to the extent one or more
24 motions to dismiss are filed, the dates by which opposition and reply briefs shall be filed.
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SECOND AMENDED STIPULATION AND ORDER TO
SET TIME FOR DEFENDANTS TO FIRST RESPOND
TO COMPLAINT AND RELATED BRIEFING
SCHEDULE
CASE NO. 2:11-CV-00459
DWT 17417770v1 0013149-000115

SIMPSON THACHER & BARTLETT LLP
425 Lexington Avenue
New York, New York 10017
-and1999 Avenue of the Stars, 29th Floor
Los Angeles, California 90067

DAVIS WRIGHT TREMAINE LLP
1201 Third Avenue, Suite 2200
Seattle, Washington 98101
Tel.: [phone]
Fax: [phone]

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RECITALS

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WHEREAS, the FDIC filed its Complaint in the Western District of Washington on

3 March 16, 2011 (Dkt. No. 1);
WHEREAS, counsel for Defendants agreed to accept service of the Complaint on their

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WHEREAS, the Court previously entered an order extending the time for Defendants to

7 answer or otherwise respond to the Complaint to June 17, 2011 (Dkt. No. 45);
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WHEREAS, the parties disclosed in their Joint Status Report, filed on June 13, 2011, that

9 they have been engaged in mediation in an attempt to settle the dispute;
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WHEREAS, the parties have now exchanged settlement term sheets reflective of a

11 potential settlement. The parties are diligently working to resolve their remaining disputes. In
12 some instances, the settlement terms must have consent of certain third parties. The parties have
13 reserved additional sessions with the mediator for June 29 and June 30, 2011, in the event they
14 are unable to resolve the matters at issue in the interim;
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WHEREAS, the parties agree that it would be counterproductive to their efforts to settle

16 this matter were motion to dismiss briefing to be commenced at this time. They correspondingly
17 agree that it would facilitate the potential settlement of this action if the motion to dismiss
18 briefing were deferred a short additional period of time; and
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WHEREAS, the parties jointly respectfully request that the Court extend the time in

20 which defendants are required to file their initial response to the Complaint to and including July
21 1, 2011, the day after conclusion of the last scheduled mediation session. The proposed schedule
22 revision does not change the existing September 15, 2011 noting date of the motions to dismiss.
STIPULATION

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IT IS HEREBY STIPULATED AND AGREED, by and between counsel for the FDIC

25 and Defendants, that Defendants shall each have until the end of July 1, 2011 to answer or
26 otherwise respond to Plaintiff’s Complaint. Any opposition shall be due on August 22, 2011,
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SECOND AMENDED STIPULATION AND ORDER TO
SET TIME FOR DEFENDANTS TO FIRST RESPOND
TO COMPLAINT AND RELATED BRIEFING
SCHEDULE—PAGE 2
CASE NO. 2:11-CV-00459
DWT 17417770v1 0013149-000115

SIMPSON THACHER & BARTLETT LLP
425 Lexington Avenue
New York, New York 10017
-and1999 Avenue of the Stars, 29th Floor
Los Angeles, California 90067

DAVIS WRIGHT TREMAINE LLP
1201 Third Avenue, Suite 2200
Seattle, Washington 98101
Tel.: [phone]
Fax: [phone]

1 and any reply shall be due on September 15, 2011. The changes are shown in the following
2 chart:
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Filing

Previous Due Date

New Due Date

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Defendants’ Answer or First
Response to Complaint

June 17, 2011

July 1, 2011

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Opposition

August 16, 2011

August 22, 2011

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Reply

September 15, 2011

September 15, 2011

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IT IS SO STIPULATED.

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DATED this 16th day of June, 2011.

9 REED SMITH LLP

DAVIS WRIGHT TREMAINE LLP

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By: s/ Barry Rosen
Barry Rosen (pro hac vice)
10 South Wacker Drive
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Suite 4000
Chicago, IL 60606
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Tel: [phone]
E-mail: [e-mail]
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15 Attorneys for the Federal Deposit Insurance
Corporation
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By: s/ Steven P. Caplow ______
Stephen M. Rummage, WSBA #11168
Steven P. Caplow, WSBA #19843
1201 Third Avenue, Suite 2200
Seattle, Washington 98101-3045
Tel.:
[phone]
Fax:
[phone]
E-mail: [e-mail]
[e-mail]
SIMPSON THACHER & BARTLETT
LLP
Barry R. Ostrager (pro hac vice)
Mary Kay Vyskocil (pro hac vice)
425 Lexington Avenue
New York, New York 10017
Tel.: [phone]
Fax: [phone]
Email: [e-mail]
[e-mail]
-andDeborah L. Stein (pro hac vice)
1999 Avenue of the Stars, 29th Floor
Los Angeles, California 90067
Tel.: [phone]
Fax: [phone]
Email: [e-mail]
Attorneys for Stephen J. Rotella, David C.
Schneider, and Esther T. Rotella

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SECOND AMENDED STIPULATION AND ORDER TO
SET TIME FOR DEFENDANTS TO FIRST RESPOND
TO COMPLAINT AND RELATED BRIEFING
SCHEDULE—PAGE 3
CASE NO. 2:11-CV-00459
DWT 17417770v1 0013149-000115

SIMPSON THACHER & BARTLETT LLP
425 Lexington Avenue
New York, New York 10017
-and1999 Avenue of the Stars, 29th Floor
Los Angeles, California 90067

DAVIS WRIGHT TREMAINE LLP
1201 Third Avenue, Suite 2200
Seattle, Washington 98101
Tel.: [phone]
Fax: [phone]

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WILLIAMS & CONNOLLY LLP

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By: s/ David D. Aufhauser ___
David D. Aufhauser (pro hac vice)
725 Twelfth Street, N.W.
Washington, D.C. 20005
Tel.:
[phone]
Fax:
[phone]
E-mail: [e-mail]

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Attorneys for Kerry and Linda Killinger

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SECOND AMENDED STIPULATION AND ORDER TO
SET TIME FOR DEFENDANTS TO FIRST RESPOND
TO COMPLAINT AND RELATED BRIEFING
SCHEDULE—PAGE 4
CASE NO. 2:11-CV-00459
DWT 17417770v1 0013149-000115

SIMPSON THACHER & BARTLETT LLP
425 Lexington Avenue
New York, New York 10017
-and1999 Avenue of the Stars, 29th Floor
Los Angeles, California 90067

DAVIS WRIGHT TREMAINE LLP
1201 Third Avenue, Suite 2200
Seattle, Washington 98101
Tel.: [phone]
Fax: [phone]

ORDER

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Based on the foregoing Stipulation,

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IT IS HEREBY ORDERED that Defendants shall each have up to and including July 1,

4 2011 to answer or otherwise respond to the Plaintiff Federal Deposit Insurance Corporation, as
5 Receiver of Washington Mutual Bank’s Complaint (Dkt. No. 1) in Case No. 2:11-cv-00459. In
6 addition, any opposition shall be due on August 22, 2011, and any reply shall be due on
7 September 15, 2011.
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9 DATED this 16th day of June, 2011.
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Marsha J. Pechman
United States District Judge

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Presented by:
DAVIS WRIGHT TREMAINE LLP
By: s/ Steven P. Caplow___________
Stephen M. Rummage, WSBA #11168
Steven P. Caplow, WSBA #19843
1201 Third Avenue, Suite 2200
Seattle, Washington 98101-3045
Tel.:
[phone]
Fax:
[phone]
E-mail: [e-mail]
[e-mail]

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Attorneys for Stephen J. Rotella, David C.
Schneider, and Esther T. Rotella

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SIMPSON THACHER & BARTLETT
LLP
Barry R. Ostrager (pro hac vice)
Mary Kay Vyskocil (pro hac vice)
425 Lexington Avenue
New York, New York 10017
Tel.: [phone]
Fax: [phone]
Email: [e-mail]
[e-mail]
-andDeborah L. Stein (pro hac vice)
1999 Avenue of the Stars, 29th Floor
Los Angeles, California 90067
Tel.: [phone]
Fax: [phone]
Email: [e-mail]

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[PROPOSED] ORDER TO SET TIME FOR
DEFENDANTS TO FIRST RESPOND TO COMPLAINT
AND RELATED BRIEFING SCHEDULE
CASE NO. 2:11-CV-00459
DWT 17417770v1 0013149-000115

SIMPSON THACHER & BARTLETT LLP
425 Lexington Avenue
New York, New York 10017
-and1999 Avenue of the Stars, 29th Floor
Los Angeles, California 90067

DAVIS WRIGHT TREMAINE LLP
1201 Third Avenue, Suite 2200
Seattle, Washington 98101
Tel.: [phone]
Fax: [phone]