Opinion
Misc. 1:22-mc-00036
03-04-2022
IN RE SUBPOENAS SERVED ON JSC STATE EXPORT-IMPORT BANK OF UKRAINE; BANK POLSKA KASA OPIEKI SA; DEUTSCHE BUNDESBANK; RESERVE BANK OF AUSTRALIA; AB SEB BANKAS; SEB SECURITIES, INC.; BANK OF MONTREAL; BMO FINANCIAL CORP.; BMO CAPITAL MARKETS CORP.; THE BANK OF NEW YORK MELLON CORPORATION; BARCLAYS BANK PLC; BARCLAYS CAPITAL INC.; BNP PARIBAS FORTIS SA/NV; BNP PARIBAS USA, INC.; BNP PARIBAS; CITIBANK N.A.; CITIGROUP INC.; CITIGROUP GLOBAL MARKETS LTD.; COMMERZBANK AG; COMMERZ MARKETS LLC; CREDIT SUISSE SWITZERLAND LTD.; CREDIT SUISSE AG; CREDIT SUISSE USA, INC.; DANSKE BANK A/S; DANSKE MARKETS INC.; DEUTSCHE BANK TRUST COMPANY AMERICAS; DEUTSCHE BANK TRUST CORPORATION; DEUTSCHE BANK AG; DNB BANK ASA; DNB CAPITAL LLC; DNB MARKETS, INC.; HSBC BANK PLC; HSBC NORTH AMERICA HOLDINGS INC.; JPMORGAN CHASE BANK N.A.; JPMORGAN CHASE & CO.; J.P. MORGAN SECURITIES PLC; J.P. MORGAN SECURITIES LLC; MUFG BANK, LTD.; MUFG AMERICAS HOLDING CORPORATION; MUFG SECURITIES AMERICAS INC.; RAIFFEISEN BANK INTERNATIONAL, AG; RB INTERNATIONAL MARKETS USA LLC; SANTANDER BANK POLSKA S.A.; STANDARD CHARTERED BANK PLC; STANDARD CHARTERED BANK HONG KONG LTD.; STANDARD CHARTERED SECURITIES NORTH AMERICA LLC; UBS SWITZERLAND AG; UBS AMERICAS INC.; UBS AG; UBS AMERICAS HOLDINGS LLC; UNICREDIT BANK AG; AND UNICREDIT CAPITAL MARKETS LLC v. PAO TATNEFT, Respondent. UKRAINE, Petitioner,
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 briefing schedule adopted on March 3, 2022 is suspended until further order of the Court; 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.