Opinion
PHILIP A. McLEOD, WILL P. RIFFELMACHER, KEESAL, YOUNG & LOGAN A Professional Corporation, San Francisco, California, Attorneys for Defendant JPMORGAN CHASE BANK, N.A. (erroneously sued as "J.P. MORGAN CHASE BANK, N.A., a Limited Liability Company").
RYAN F. THOMAS, JOHNSTON THOMAS, Attorneys At Law Santa Rosa, CA, Attorneys for Plaintiff DAEMEON REIYDELLE.
PHILIP A. McLEOD, WILL P. RIFFELMACHER, KEESAL, YOUNG & LOGAN, Attorneys for Defendant JPMORGAN CHASE BANK, N.A.
JOINT CASE MANAGEMENT STATEMENT
JOSEPH C. SPERO, Magistrate Judge.
The defendant JPMORGAN CHASE BANK, N.A. ("Chase" or "Defendant") and plaintiff DAEMEON REIYDELLE ("Plaintiff") (collectively, "the Parties") submit this JOINT CASE MANAGEMENT STATEMENT and [PROPOSED] ORDER pursuant to the Standing Order for All Judges of the Northern District of California dated July 1, 2011 and Civil Local Rule 16-9.
I. SETTLEMENT AND ADR
Plaintiff and Defendant agreed on settlement terms at a Settlement Conference with United States Magistrate Judge Elizabeth Laporte on March 20, 2015. The settlement terms were filed under seal. See ECF 87.
On June 15, 2015, the Court issued a Civil Minute Order ("Order") directing that a "senior executive level officer from JP Morgan Chase Bank must be present on June 26, 2015 to respond to the Court's query, or in the alternative, disclose the type of 1099 that will be issued based on the agreed upon settlement." ECF 97; see also ECF 100.
Pursuant to this Court's Order, Chase advised Plaintiff's counsel on June 15, 2015 in writing that Chase will report the amount of principal forgiveness on a Form 1099-C and the cash payment on a Form 1099-MISC.
The next step in the settlement process is for Plaintiff to send Defendant's counsel the signed settlement agreement and Form W-9.
II. REQUEST TO CONTINUE THE JUNE 26, 2015 CASE MANAGEMENT CONFERENCE
Because Chase provided Plaintiff's counsel with information regarding the Form 1099s that it will issue, the Parties respectfully request that the June 26, 2015 CMC be continued to a date after August 26, 2015 to allow them time to complete the settlement.
THE PARTIES' JOINT CASE MANAGEMENT STATEMENT is approved as the Case Management Order for this case and all parties shall comply with its provisions. [In addition, the Court makes the further orders stated below:]
The Case Management Conference set for June 26, 2015 is continued to Aug. 28, 2015 at. 2:00 PM.
IT IS SO ORDERED.