INTERESTED PARTY RESPONSE IN OPPOSITION -- (re: pldg. ( 1 in MDL No. 2950) ) Filed by… — Agent Fee Litigation (Dkt. 175)

Summary

A response in opposition filed June 17, 2020 before the United States Judicial Panel on Multidistrict Litigation in In re: Paycheck Protection Program (PPP) Agent Fees Litigation, MDL Docket No. 2950, as Document 175. Interested Parties Signature Bank and Signature Financial LLC oppose transfer under 28 U.S.C. § 1407 of Quinn v. Signature Bank Corp, et al., 1:20-cv-04144-JSR (S.D.N.Y.), the action to which they are party. They join the Response of Defendants (Dkt. No. 171), except its Section IV.E., opposing Alliant CPA Group LLC's motion to transfer the actions to the Northern District of Georgia. The two-page response is signed by Elizabeth Sacksteder of Paul Weiss Rifkind Wharton & Garrison, LLP, and a footnote lists the banks that filed the joined response.

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           Case MDL No. 2950        Document 175        Filed 06/17/20      Page 1 of 2




                          BEFORE THE UNITED STATES
                 JUDICIAL PANEL ON MULTIDISTRICT LITIGATION

   IN RE: Paycheck Protection Program (“PPP”)             MDL Docket No. 2950
   Agent Fees Litigation


                    RESPONSE OF INTERESTED PARTIES
              SIGNATURE BANK AND SIGNATURE FINANCIAL LLC
                      IN OPPOSITION TO MOTION FOR
              TRANSFER OF ACTIONS PURSUANT TO 28 U.S.C. § 1407

               Interested Parties Signature Bank and Signature Financial LLC (collectively,

“Signature Bank”) respectfully oppose the transfer pursuant to 28 U.S.C. § 1407 of the action to

which they are party, Quinn v. Signature Bank Corp, et al., 1:20-cv-04144-JSR (S.D.N.Y.), as to

which plaintiffs’ counsel has filed a Notice of Related Action (Dkt. Nos. 98, 98-1), and in support

thereof, Signature Bank joins in the Response of Defendants 1 (Dkt. No. 171), except for Section

IV.E. thereof, in Opposition to Alliant CPA Group LLC’s Motion for Transfer of Actions to the

Northern District of Georgia pursuant to 28 U.S.C. § 1407 for a Coordinated and/or Consolidated

Proceeding.

Dated: June 17, 2020

                                             Respectfully submitted,

                                             /s/ Elizabeth Sacksteder
                                             Elizabeth Sacksteder
                                             PAUL WEISS RIFKIND WHARTON &
                                             GARRISON, LLP
                                             1285 Avenue of the Americas
                                             New York, New York 10019-6064
                                             Telephone: (212) 373-3505

       1
         Synovus Bank; Celtic Bank Corp. d/b/a Celtic Bank, MUFG Union Bank N.A., and
MUFG Americas Holding Co.; City National Bank; Fifth Third Bank, National Association and
Fifth Third Bankcorp; First National Bank of Pennsylvania and F.N.B. Corp.; Huntington
Bancshares Incorporated and The Huntington National Bank; KeyCorp and KeyBank N.A.; Live
Oak Banking Company; PNC Financial Services Group, Inc. and PNC Bank N.A.; ServisFirst
Bank; Truist Bank and Truist Financial Corporation; and U.S. Bank National Association.
Case MDL No. 2950   Document 175    Filed 06/17/20    Page 2 of 2




                          Facsimile: (212) 492-0505
                          Email: esacksteder@paulweiss.com

                          Counsel for Interested Parties Signature Bank and
                          Signature Financial LLC




                             2


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