Opinion
Misc. 1:21-mc-00376
03-04-2022
IN RE SUBPOENAS SERVED ON LLOYDS BANKING GROUP PLC; LLOYDS AMERICA SECURITIES CORPORATION; LLOYDS BANK CORPORATE MARKETS PLC; THE CANADIAN IMPERIAL BANK OF COMMERCE; CIBC BANK U.S.A.; BANK OF AMERICA CORPORATION; BANK OF AMERICA, N.A.; WELLS FARGO &COMPANY; WELLS FARGO BANK, N.A.; THE GOLDMAN SACHS GROUP, INC.; GOLDMAN SACHS &CO. LLC; GOLDMAN SACHS INTERNATIONAL; MORGAN STANLEY; MORGAN STANLEY &CO. LLC; MORGAN STANLEY &CO. INTERNATIONAL PLC; MIZUHO BANK, LTD.; MIZUHO AMERICAS LLC; MIZUHO SECURITIES USA LLC; CREDIT AGRICOLE CIB; CREDIT AGRICOLE SECURITIES USA INC.; CREDIT AGRICOLE AMERICA SERVICES, INC.; SOCIETE GENERALE S.A.; SG AMERICAS SECURITIES, LLC; BANCO SANTANDER, S.A.; AND SANTANDER HOLDINGS USA, INC. UKRAINE, Petitioner, v. PAO TATNEFT, Respondent.
ORDER
SARAH NETBURN, United States Magistrate Judge.
Upon consideration of the parties' joint letter brief, filed March 4, 2022, and the stipulations reflected therein, it is hereby
ORDERED that the requested moratorium on discovery and discovery-related proceedings until further order of the Court is GRANTED; it is further
ORDERED that the subpoena recipients (the above-referenced financial institutions) shall take notice that their compliance with the subpoenas is tolled for the duration of the moratorium; and it is further
ORDERED that Tatneft shall not move to compel compliance with the subpoenas by the subpoena recipients (the above-referenced financial institutions) for the duration of the moratorium.
The parties shall file a status letter no later than May 31, 2022.
SO ORDERED.