JPMorgan Chase Bank, N.A. v. VTB Bank, P.J.S.C. (1:24-cv-02924), New York Southern District Court

JPMorgan Chase Bank, N.A. v. VTB Bank, P.J.S.C.

New York Southern District Court
Judge:	Lorna G Schofield
Case #:	1:24-cv-02924
Nature of Suit	190 Contract - Other Contract
Cause	28:1330 Breach of Contract

Case Filed:

Apr 18, 2024

Docket
Parties (2)

Last checked: Thursday Apr 18, 2024 9:06 AM EDT

Defendant VTB Bank, P.J.S.C.
Plaintiff JPMorgan Chase Bank, N.A.	Represented By Michael S. Flynn Davis Polk & Wardwell LLP contact info

Docket last updated: 05/08/2024 11:59 PM EDT

Wednesday, May 08, 2024
31		31 misc Rule 7.1 Corporate Disclosure Statement Wed 05/08 12:00 PM RULE 7.1 CORPORATE DISCLOSURE STATEMENT. No Corporate Parent. Document filed by VTB Bank, P.J.S.C...(Walsh, Jonathan) Related: [-]
		misc Notice to Attorney Regarding Deficient Rule 7.1 Corporate Disclosure Statement Wed 05/08 9:36 AM ***NOTICE TO ATTORNEY REGARDING DEFICIENT RULE 7.1 CORPORATE DISCLOSURE STATEMENT. Notice to Attorney Jonathan Joseph Walsh to RE-FILE Document No. 30 Rule 7.1 Corporate Disclosure Statement,. The filing is deficient for the following reason(s): the jurisdiction of this action is based on diversity - the party/intervenor did not name and identify the citizenship of every individual or entity whose citizenship is attributed to that party or intervenor. Re-file the document using the event type Rule 7.1 Corporate Disclosure Statement found under the event list Other Documents - select the correct filer/filers - attach the correct signed PDF - when prompted with the message "Are there any corporate parents or other affiliates?", select the Yes or No radio button - If Yes - enter the corporate parent/other affiliate, click the Search button - select the correct corporate parent/other affiliate name from the search results list or if no person found, create a new corporate parent/other affiliate - select the party to whom the corporate parent/other affiliate should be linked - add corporate parent/other affiliate names one at a time - name and identify the citizenship of every individual or entity whose citizenship is attributed to that party or intervenor. Please use the revised form found here NYSD form page (lb) Related: [-]
Tuesday, May 07, 2024
30		30 misc Rule 7.1 Corporate Disclosure Statement Tue 05/07 5:32 PM RULE 7.1 CORPORATE DISCLOSURE STATEMENT. No Corporate Parent. Document filed by VTB Bank, P.J.S.C...(Walsh, Jonathan) Related: [-]
29		29 misc Letter Tue 05/07 4:45 PM LETTER addressed to Judge Lorna G. Schofield from Jonathan Walsh dated May 7, 2024 re: Response to JP Morgan's April 30, 2024 Letter Pursuant to Court's May 1, 2024 Order. Document filed by VTB Bank, P.J.S.C...(Walsh, Jonathan) Related: [-]
		Att: 1 Exhibit -A-Acceptance of Claim,
		Att: 2 Exhibit -B-Interim Measures
28		28 notice Notice of Appearance Tue 05/07 4:23 PM NOTICE OF APPEARANCE by Matthew Henry on behalf of VTB Bank, P.J.S.C...(Henry, Matthew) Related: [-]
27		27 notice Notice of Appearance Tue 05/07 4:20 PM NOTICE OF APPEARANCE by Felix John Gilman on behalf of VTB Bank, P.J.S.C...(Gilman, Felix) Related: [-]
26		26 notice Notice of Appearance Tue 05/07 4:17 PM NOTICE OF APPEARANCE by Jason Daniel Wright on behalf of VTB Bank, P.J.S.C...(Wright, Jason) Related: [-]
25		25 notice Notice of Appearance Tue 05/07 4:14 PM NOTICE OF APPEARANCE by Jonathan Joseph Walsh on behalf of VTB Bank, P.J.S.C...(Walsh, Jonathan) Related: [-]
Friday, May 03, 2024
24		24 misc Notice of Filing Transcript Fri 05/03 1:26 PM NOTICE OF FILING OF OFFICIAL TRANSCRIPT Notice is hereby given that an official transcript of a CONFERECE proceeding held on 4/18/2024 has been filed by the court reporter/transcriber in the above-captioned matter. The parties have seven (7) calendar days to file with the court a Notice of Intent to Request Redaction of this transcript. If no such Notice is filed, the transcript may be made remotely electronically available to the public without redaction after 90 calendar days....(McGuirk, Kelly) Related: [-]
23		23 misc Transcript Fri 05/03 1:23 PM TRANSCRIPT of Proceedings re: CONFERENCE held on 4/18/2024 before Judge Lorna G. Schofield. Court Reporter/Transcriber: Nadine Kristoferson, (212) 805-0300. Transcript may be viewed at the court public terminal or purchased through the Court Reporter/Transcriber before the deadline for Release of Transcript Restriction. After that date it may be obtained through PACER. Redaction Request due 5/24/2024. Redacted Transcript Deadline set for 6/3/2024. Release of Transcript Restriction set for 8/1/2024..(McGuirk, Kelly) Related: [-]
Wednesday, May 01, 2024
22		22 16 pgs order Order on Motion for Conference Wed 05/01 12:08 PM ORDER granting21 Letter Motion for Conference re:21 LETTER MOTION for Conference addressed to Judge Lorna G. Schofield from Craig T. Cagney dated April 30, 2024. Application GRANTED. A conference will be held on Plaintiff's letter on May 15, 2024, at 3:30 P.M. on conference line: (888) 363-4749; 5583333#. Any response to Plaintiff's letter shall be filed by May 7, 2024. Telephone Conference set for 5/15/2024 at 03:30 PM before Judge Lorna G. Schofield. (Signed by Judge Lorna G. Schofield on 5/1/2024) (mml) Related: [-]
		utility Set/Reset Deadlines Wed 05/01 12:09 PM Set/Reset Deadlines: Responses due by 5/7/2024. (mml) Related: [-]
Tuesday, April 30, 2024
21		21 motion Conference Tue 04/30 11:16 AM LETTER MOTION for Conference addressed to Judge Lorna G. Schofield from Craig T. Cagney dated April 30, 2024. Document filed by JPMorgan Chase Bank, N.A...(Cagney, Craig) Related: [-]
		Att: 1 Exhibit A - Russian Order Accepting VTB's Application for ASI,
		Att: 2 Exhibit B - Russian Order Granting Temporary ASI
Friday, April 26, 2024
20		20 1 pgs order Order Fri 04/26 5:40 PM ORDER: As discussed at the hearing, it is hereby ORDERED that Plaintiff shall file a status letter every 30 days from the date of this Order. (Signed by Judge Lorna G. Schofield on 4/26/2024) (rro) Related: [-]
19		19 order Preliminary Injunction Fri 04/26 5:35 PM ORDER GRANTING PRELIMINARY INJUNCTION: IT IS HEREBY ORDERED that: 1. It is DECLARED, ADJUDGED and DECREED, that JPMorgan has made the necessary showing for a preliminary injunction of "(a) irreparable harm and (b) either (1) likelihood of success on the merits or (2) sufficiently serious questions going to the merits claim to make them a fair ground for litigation and a balance of hardships tipping decidedly toward the party requesting the preliminary relief," and (c) that an injunction is in the public interest. Goldman, Sachs & Co. v. Golden Empire Schs. Fin. Auth., 922 F. Supp. 2d 435, 439, 444 (S.D.N.Y. 2013) (citing Citigroup Glob. Mkts., Inc. v. VCG Special Opportunities Master Fund Ltd., 598 F.3d 30, 35 (2d Cir. 2010)) and further set forth in this Order. Sufficient reason having been shown therefore, if JPMorgan is constrained from seeking further relief in this Action due to any actions taken, initiated, requested or threatened by VTB or ordered by a Russian court, and if VTB fails to timely answer or respond to the Complaint or otherwise defaults in this Action, this ORDER shall automatically convert into a permanent injunction that shall survive the dismissal, termination, discontinuance or other final resolution of this action, absent urther order of this Court. (Signed by Judge Lorna G. Schofield on 4/26/2024) (rro) Related: [-]
Thursday, April 25, 2024
18		18 misc Letter Thu 04/25 5:15 PM LETTER addressed to Judge Lorna G. Schofield from Craig T. Cagney dated April 25, 2024 re: JPMorgan's Application for a Preliminary Injunction. Document filed by JPMorgan Chase Bank, N.A...(Cagney, Craig) Related: [-]
		Att: 1 Exhibit A - Proposed Order for Preliminary Injunction,
		Att: 2 Exhibit B - 04.18.24 TRO Oral Argument Transcript
Tuesday, April 23, 2024
17		17 respoth Declaration in Support (non-motion) Tue 04/23 5:46 PM DECLARATION of Craig T. Cagney of Service and in Support re:7 Proposed Order to Show Cause With Emergency Relief. Document filed by JPMorgan Chase Bank, N.A...(Cagney, Craig) Related: [-]
		Att: 1 Exhibit A - Russian Complaint,
		Att: 2 Exhibit B - Email Transmission 1,
		Att: 3 Exhibit C - Email Transmission 2,
		Att: 4 Exhibit D - Email Transmission 3,
		Att: 5 Exhibit E - Email Transmission 4,
		Att: 6 Exhibit F - Email Confirmation 1,
		Att: 7 Exhibit G - Email Confirmation 2,
		Att: 8 Exhibit H - Email Confirmation 3,
		Att: 9 Exhibit I - Email Confirmation 4,
		Att: 10 Exhibit J - Email Confirmation 5,
		Att: 11 Exhibit K - Email Read Receipt Confirmation,
		Att: 12 Exhibit L - HK Post Tracking Confirmation 1,
		Att: 13 Exhibit M - HK Post Tracking Confirmation 2,
		Att: 14 Exhibit N - Email Transmission Landy,
		Att: 15 Exhibit O - Email Transmission 5,
		Att: 16 Exhibit P - Email Confirmation 6,
		Att: 17 Exhibit Q - Email Confirmation 7,
		Att: 18 Exhibit R - Email Read Receipt Confirmation 2,
		Att: 19 Exhibit S - Reuters Article,
		Att: 20 Exhibit T - Russian Article 1,
		Att: 21 Exhibit U - Russian Article 2,
		Att: 22 Exhibit V - Russian Article 3,
		Att: 23 Exhibit W - Russian Article 4,
		Att: 24 Exhibit X - Russian Article 5
16		16 service Certificate of Service Other Tue 04/23 4:58 PM CERTIFICATE OF SERVICE of Complaint and TRO served on VTB BANK, P.J.S.C. on April 19, 2024. Document filed by JPMorgan Chase Bank, N.A...(Cagney, Craig) Related: [-]
Thursday, April 18, 2024
15		15 4 pgs order Order to Show Cause ~Util - Set Hearings Thu 04/18 7:23 PM ORDER TO SHOW CAUSE FOR PRELIMINARY INJUNCTION AND TEMPORARY RESTRAINING ORDER: P.J.S.C. (VTB) shall show cause before the Honorable Lorna G. Schofield on the 25th day of April, 2024, at 2:00 PM, or as soon thereafter as counsel can be heard, telephonically at conference line: (888) 363-4749; 5583333#, why an order should not be entered pursuant to Rule 65 of the Federal Rules of Civil Procedure enjoining VTB from continuing its claim against JPMorgan and its affiliates pending in the Arbitrazh court of the city of Saint-Petersburg and Leningrad region (the Russian Action), requiring VTB to discontinue the Russian Action, and enjoining VTB from pursuing any other litigation against JPMorgan or its affiliates concerning the correspondent bank account held at JPMorgan ending in *7557 in any jurisdiction other than in the federal and state courts of New York, during the pendency of this action. As further set forth in this Order (Show Cause Response due by 4/22/2024.) Show Cause Hearing set for 4/25/2024 at 02:00 PM before Judge Lorna G. Schofield. (Signed by Judge Lorna G. Schofield on 4/18/2024) (jcs) Related: [-]
14		14 notice Notice of Appearance Thu 04/18 11:09 AM NOTICE OF APPEARANCE by Brendan Eng on behalf of JPMorgan Chase Bank, N.A...(Eng, Brendan) Related: [-]
13		13 respoth Declaration in Support (non-motion) Thu 04/18 10:03 AM DECLARATION of Donna Mainetti in Support re:7 Proposed Order to Show Cause With Emergency Relief. Document filed by JPMorgan Chase Bank, N.A...(Flynn, Michael) Related: [-]
		Att: 1 Exhibit A - Acceptance Letter,
		Att: 2 Exhibit B - 2008 Account Terms,
		Att: 3 Exhibit C - 2015 Account Terms
12		12 respoth Declaration in Support (non-motion) Thu 04/18 9:59 AM DECLARATION of Denice Richarts in Support re:7 Proposed Order to Show Cause With Emergency Relief. Document filed by JPMorgan Chase Bank, N.A...(Flynn, Michael) Related: [-]
		Att: 1 Exhibit A - Termination Notice,
		Att: 2 Exhibit B - February Demand Letter,
		Att: 3 Exhibit C - March Demand Letter
11		11 respoth Declaration in Support (non-motion) Thu 04/18 9:48 AM DECLARATION of Konstantin Kroll in Support re:7 Proposed Order to Show Cause With Emergency Relief. Document filed by JPMorgan Chase Bank, N.A...(Flynn, Michael) Related: [-]
		Att: 1 Exhibit A - Kroll Curriculum Vitae,
		Att: 2 Exhibit B - Transkapitalbank v. Credit Suisse AG,
		Att: 3 Exhibit C - Sberbank v. Deutsche Bank,
		Att: 4 Exhibit D - Sovcombank v. Citibank,
		Att: 5 Exhibit E - PJSC Bank Otkritie v. Goldman Sachs,
		Att: 6 Exhibit F - Rosbank v. ING Bank,
		Att: 7 Exhibit G - Bank Sinara v. Euroclear Bank,
		Att: 8 Exhibit H - PJSC VTB v. VTB Europe SE
10		10 respoth Declaration in Support (non-motion) Thu 04/18 9:36 AM DECLARATION of Craig T. Cagney in Support re:7 Proposed Order to Show Cause With Emergency Relief. Document filed by JPMorgan Chase Bank, N.A...(Cagney, Craig) Related: [-]
		Att: 1 Exhibit A- Transkapitalbank v. Credit Suisse AG,
		Att: 2 Exhibit B - Sberbank v. Deutsche Bank,
		Att: 3 Exhibit C - Sovcombank v. Citibank First instance Judgment,
		Att: 4 Exhibit D - PJSC Bank Otkritie v. Goldman Sachs,
		Att: 5 Exhibit E - Rosbank v. ING Bank,
		Att: 6 Exhibit F - Bank Sinara v. Euroclear Bank,
		Att: 7 Exhibit G - Russian Arbitrazh Procedure Code,
		Att: 8 Exhibit H - PJSC VTB v. VTB Europe SE,
		Att: 9 Exhibit I - Article: Practical Law Arbitration Blog,
		Att: 10 Exhibit J - Article: Linklaters LLP,
		Att: 11 Exhibit K - Article: Baker & McKenzie LLP,
		Att: 12 Exhibit L - Barclays v. Sovcombank ASI,
		Att: 13 Exhibit M - Barclays v. JSC Alfa-Bank,
		Att: 14 Exhibit N - Barclays v. JSC Alfa-Bank Withdrawal,
		Att: 15 Exhibit O - Barclays v. VEB.RF,
		Att: 16 Exhibit P - Barclays v. VEB.RF Adjournment
9		9 service Summons Issued Thu 04/18 9:31 AM ELECTRONIC SUMMONS ISSUED as to VTB Bank, P.J.S.C.. (vf) Related: [-]
8		8 30+ pgs respoth Memorandum of Law in Support (non-motion) Thu 04/18 9:19 AM MEMORANDUM OF LAW in Support re:7 Proposed Order to Show Cause With Emergency Relief . Document filed by JPMorgan Chase Bank, N.A...(Flynn, Michael) Related: [-]
7		7 misc Proposed Order to Show Cause With Emergency Relief Thu 04/18 9:17 AM PROPOSED ORDER TO SHOW CAUSE WITH EMERGENCY RELIEF. Document filed by JPMorgan Chase Bank, N.A...(Flynn, Michael) Related: [-]
6		6 notice Notice of Appearance Thu 04/18 9:15 AM NOTICE OF APPEARANCE by Craig Thomas Cagney on behalf of JPMorgan Chase Bank, N.A...(Cagney, Craig) Related: [-]
5		5 notice Notice of Appearance Thu 04/18 9:12 AM NOTICE OF APPEARANCE by Michael S. Flynn on behalf of JPMorgan Chase Bank, N.A...(Flynn, Michael) Related: [-]
4		4 misc Rule 7.1 Corporate Disclosure Statement Thu 04/18 9:11 AM RULE 7.1 CORPORATE DISCLOSURE STATEMENT. Identifying Corporate Parent JPMorgan Chase & Co., Other Affiliate Vanguard Group, Inc. for JPMorgan Chase Bank, N.A.. Document filed by JPMorgan Chase Bank, N.A...(Flynn, Michael) Related: [-]
3		3 service Request for Issuance of Summons Thu 04/18 9:08 AM REQUEST FOR ISSUANCE OF SUMMONS as to VTB Bank, P.J.S.C., re:1 Complaint. Document filed by JPMorgan Chase Bank, N.A...(Flynn, Michael) Related: [-]
2		2 misc Civil Cover Sheet Thu 04/18 9:05 AM CIVIL COVER SHEET filed..(Flynn, Michael) Related: [-]
1		1 15 pgs cmp Complaint Thu 04/18 9:03 AM COMPLAINT against VTB Bank, P.J.S.C.. (Filing Fee $ 405.00, Receipt Number ANYSDC-29234398)Document filed by JPMorgan Chase Bank, N.A...(Flynn, Michael) Related: [-]
		Att: 1 Exhibit A - Account Terms
		misc Notice to Attorney Regarding Case Opening Statistical Error Correction Thu 04/18 9:22 AM ***NOTICE TO ATTORNEY REGARDING CIVIL. CASE OPENING STATISTICAL ERROR CORRECTION: Notice to attorney Craig Thomas Cagney. The following case opening statistical information was erroneously selected/entered: County code New York. The following correction(s) have been made to your case entry: the County code has been modified to XX Out of State. (vf) Related: [-]
		notice Case Opening Initial Assignment Notice Thu 04/18 9:24 AM CASE OPENING INITIAL ASSIGNMENT NOTICE: The above-entitled action is assigned to Judge Analisa Torres. Please download and review the Individual Practices of the assigned District Judge, located at[LINK:https://nysd.uscourts.gov/judges/district-judges] . Attorneys are responsible for providing courtesy copies to judges where their Individual Practices require such. Please download and review the ECF Rules and Instructions, located at[LINK:https://nysd.uscourts.gov/rules/ecf-related-instructions] ..(vf) Related: [-]
		utility Case Designation Thu 04/18 9:24 AM Magistrate Judge Jennifer Willis is designated to handle matters that may be referred in this case. Pursuant to 28 U.S.C. Section 636(c) and Fed. R. Civ. P. 73(b)(1) parties are notified that they may consent to proceed before a United States Magistrate Judge. Parties who wish to consent may access the necessary form at the following link:[LINK:https://nysd.uscourts.gov/sites/default/files/2018-06/AO-3.pdf] . (vf) Related: [-]
		utility Case Designated ECF Thu 04/18 9:24 AM Case Designated ECF. (vf) Related: [-]
		misc Notice to Court Regarding Proposed Order Thu 04/18 10:08 AM ***NOTICE TO COURT REGARDING PROPOSED ORDER TO SHOW CAUSE WITH EMERGENCY RELIEF. Document No. 7 Proposed Order to Show Cause With Emergency Relief was reviewed and approved as to form. (tp) Related: [-]
		notice Notice of Case Assignment/Reassignment Thu 04/18 2:32 PM NOTICE OF CASE REASSIGNMENT to Judge Lorna G. Schofield. Judge Analisa Torres is no longer assigned to the case. (laq) Related: [-]

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