In Re: Fairfield Sentry Limited

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ) FAIRFIELD SENTRY LIMITED (IN ) LIQUIDATION), acting by and through the Foreign _) Representative thereof, and KENNETH KRYS, ) solely in his capacity as Foreign Representative and —_—)_~ Civil No. 19-cv-03911 (VSB) Liquidator thereof, ) ) Plaintiffs-Appellants, ) onc ) USDC SDNY -against6 ) DOCUMENT CITIBANK NA LONDON, ELECTRONICALLY FILED . Defendant-Appell ) DOC #2 efendant-Appellee. nr pp ) |/DATE FILED: _*100?! This document applies to the Appeals listed on ) Exhibit A hereto. ) ORDER Under Rule 42 of the Federal Rules of Civil Procedure, district courts may consolidate actions that “involve a common question of law or fact.” Fed. R. Civ. P. 42(a); see also Fed. R. Bankr. P. 8003(b)(2) (permitting the district court to “join or consolidate [bankruptcy] appeals”). District courts have “broad discretion to consolidate actions under Rule 42(a).” Stone v. AgnicoEagle Mines Ltd., 280 F.R.D. 142, 143 (S.D.N.Y. 2012) (citing Devlin v. Transp. Commce’ns □□□□□ Union, 175 F.3d 121 , 130 (2d Cir. 1999)). Because related appeals are currently consolidated before this Court, and because I find that the cases involve common questions of law and fact and that consolidation would be in the interest of judicial economy I grant the DefendantsAppellants’ motion to consolidate. It is HEREBY ORDERED that: A. The 18 actions listed in Exhibit A (attached hereto) are consolidated with and into Case No. 19-CV-3911; B. All future motions and other filings shall use Case No. 19-CV-3911 and the caption listed in this Order; and The Clerk of the Court is respectfully directed to consolidate cases listed in Exhibit A with and into Case No. 19-CV-3911. SO ORDERED. Vernon S. Broderick 5/10/2021 United States District Judge -2- Appendix A Defendants-Appellants1 Case No. Case Name Prior Pending Appellate (Bankr. Consolidated Docket No. S.D.N.Y.) Appeal No.2 1. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-3911 21-cv-3530 10-3622 et al. v. Citibank NA London, et al. 2. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), N/A3 21-cv-3538 10-3626 et al. v. BGL BNP Paribas S.A., et al. 3. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), N/A 21-cv-3544 10-3627 et al. v. BNP Paribas Securities Services Luxembourg, et al. 4. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4860 21-cv-3550 10-3630 et al. v. HSBC Securities Services (Luxembourg) SA, et al. 5. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4861 21-cv-3563 10-3633 et al. v. HSBC Private Bank Suisse SA, et al. 6. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-5135 TBD 10-3634 et al. v. Zurich Capital Markets Company, et al. 7. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4964 TBD 10-3635 et al. v. ABN AMRO Schweiz AG, et al. 8. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4888 TBD 10-3636 et al. v. ABN AMRO Schweiz AG, et al. 9. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4869 21-cv-3576 10-3780 et al. v. UBS AG New York, et al. 1 The names of Defendants included in this Appendix reflect parties named as Defendants by the Liquidators in the relevant complaints (or to the extent there has been an update to the docket in a particular Action changing the name of a defendant, the updated defendant name) (the “As-Named Defendants”). The inclusion of the As-Named Defendants in this Appendix is not and shall not be construed as an acknowledgement that any such As-Named Defendants are cognizable legal entities or as a waiver of any substantive or procedural rights and remedies by any such As-Named Defendants, all of which are hereby expressly reserved. 2 Listed in this column for the Court’s convenience are the S.D.N.Y. docket numbers assigned to the Liquidators’ Pending Consolidated Appeals that correspond to the bankruptcy court cases from which the newly filed interlocutory appeal motions are taken. 3 Two cases involving five Defendants have their prior pending S.D.N.Y. appeal numbers listed as “N/A” because those parties stipulated to orders binding them to this Court’s ruling on the 2019 appeals. See, e.g., Stipulated Order ¶¶ IV.C-D, Fairfield Sentry Ltd. v. BNP Paribas Secs. Servs. Lux., Adv. Pro. No. 10-3627 (Bankr. S.D.N.Y. Aug. 8, 2019) (Dkt. 91). For one case involving seven Defendants, the Liquidators filed their adversarial complaint only after the prior pending S.D.N.Y. appeal was filed. These Defendants therefore do not have their own prior pending S.D.N.Y. appeal numbers. Case No. Case Name Prior Pending Appellate (Bankr. Consolidated Docket No. S.D.N.Y.) Appeal No.2 10. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4385 21-cv-3637 10-4098 et al. v. BNP Paribas Arbitrage SNC, et al. 11. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-5006 21-cv-3653 10-4099 et al. v. BNP Paribas Private Bank and Trust Cayman Ltd., et al. 12. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4386 21-cv-3676 11-1250 et al. v. UBS Europe SE, Luxembourg Branch, et al. 13. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4388 21-cv-3741 11-1463 et al. v. Merrill Lynch International, et al. 14. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4973 21-cv-3751 11-1579 et al. v. BNP Paribas Securities Nominees Ltd., et al 15. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4395 TBD 11-1617 et al. v. Fortis Bank SA/NV, et al. 16. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4396 TBD 11-2770 et al. v. Citigroup Global Markets Limited, et al. 17. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), 19-cv-4415 21-cv-3502 12-1551 et al. v. BNP Paribas España f/k/a Fortis Bank (España), et al. 18. Adv. Pro. Fairfield Sentry Ltd. (In Liquidation), N/A 21-cv-3302 19-1122 et al. v. Citco Global Custody NV, et al. (In re Fairfield Sentry Ltd.)