Court filing
Joint Status Report (February 27, 2025) — PayServices v. FRBSF
Record facts
| Court | U.S. Court of Appeals for the Ninth Circuit |
|---|---|
| Filed | 2025-02-27 |
Summary
A joint status report in PayServices Bank v. Federal Reserve Bank of San Francisco, No. 24-2355, filed February 27, 2025 as DktEntry 56.1 in the United States Court of Appeals for the Ninth Circuit, on appeal from the U.S. District Court for the District of Idaho, No. 1:23-cv-00305-REP. The parties file it under the court's order of January 24, 2025 directing status reports every 30 days until the administrative appeal is resolved. The appellee states that it did not attend the February 14 videoconference or the February 19 and 20 hearings and has no information about the administrative appeal beyond the appellant's updates. The report describes a pre-hearing conference on February 14, 2025 and an in-person evidentiary hearing on February 19 and 20, 2025 before a hearing officer appointed by the Idaho Office of Administrative Hearings, at which testimony and exhibits were received.
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Full text
No. 24-2355 __________________________________________________________________ IN THE UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT PAYSERVICES BANK, Plaintiff-Appellant, v. FEDERAL RESERVE BANK OF SAN FRANCISCO, Defendant-Appellee. On Appeal from the United States District Court for the District of Idaho No. 1:23-cv-00305-REP Hon. Raymond E. Patricco, Jr. JOINT STATUS REPORT Jade A. Craig, Esq. Jade A. Craig, P.A. 1048 S. Clearview Avenue, #3 Tampa, Florida 33629 Telephone: (813) 459-1309 jade@jadeacraigpa.com Attorney for Appellant PayServices Bank Jonathan K. Youngwood Simpson Thacher & Bartlett LLP 425 Lexington Avenue New York, NY 10017 Telephone: (415) 455-3539 jyoungwood@stblaw.com Attorney for Appellee Federal Reserve Bank of San Francisco Case: 24-2355, 02/27/2025, DktEntry: 56.1, Page 1 of 4 INTRODUCTION In the Court’s Order entered on January 24, 2025 (Docket Entry No. 52.1), the Court directed the parties to “file a status report as to the status of the appeal by February 27, 2025 and every 30 days thereafter until the resolution of the administrative appeal.” In compliance with this directive, the parties state the following: 1. Appellee Federal Reserve Bank of San Francisco (“FRBSF”) did not attend the February 14th videoconference or the February 19th and 20th hearings described below, does not have access to any transcripts or exhibits or other materials from the hearings, and has no updates or information regarding the status of PayServices’ administrative appeal. FRBSF is only aware of the below events through PayServices’ updates herein. 2. On February 14, 2025, the parties to PayServices’ administrative appeal took part in a pre-hearing conference via videoconference. The parties discussed logistical matters regarding the presentation of evidence and witnesses at the administrative hearing and the scope of matters to be considered at the evidentiary hearing. 3. On February 19 and 20, 2025, Appellant PayServices Bank participated in an in-person, evidentiary hearing with officials from the Idaho Department of Finance and their counsel, an assistant attorney general from the Idaho Attorney Case: 24-2355, 02/27/2025, DktEntry: 56.1, Page 2 of 4 2 General’s Office. The hearing took place before a hearing officer appointed by the Idaho Office of Administrative Hearings. The hearing was transcribed and recorded by a court reporting service and took place at the court reporter’s offices in Boise, Idaho. 4. The hearing officer took testimony from witnesses, which included officials in the Idaho Department of Finance, and from an incorporator of PayServices Bank. The hearing officer also received exhibits entered into evidence. 5. At the conclusion of the hearing, the hearing officer directed the parties to submit closing statements by March 7, 2025. The parties may also respond to any legal arguments raised by the opposing party by March 14, 2025. 6. After receiving closing statements and responses, the hearing officer is expected to take the matter under advisement and issue a written ruling. 7. Any further updates in this matter will be provided via a status report which will be filed 30 days from today’s date. Date: February 27, 2025 Jade A. Craig, P.A. s/ Jade A. Craig_______ Jade A. Craig Attorney for Appellant PayServices Bank Simpson Thacher & Bartlett LLP s/ Jonathan K. Youngwood_____ Jonathan K. Youngwood Attorney for Appellee Federal Reserve Bank of San Francisco Case: 24-2355, 02/27/2025, DktEntry: 56.1, Page 3 of 4 3 CERTIFICATE OF FILING AND SERVICE I hereby certify that on this 27th day of February, 2025, I electronically filed the foregoing with the Clerk of Court for the United States Court of Appeals for the Ninth Circuit by using the appellate CM/ECF system. s/ Jade A. Craig_____ Jade A. Craig Jade A. Craig, P.A. 1048 S. Clearview Avenue, #3 Tampa, Florida Telephone: (813) 459-1309 jade@jadeacraigpa.com Attorney for Appellant PayServices Bank Case: 24-2355, 02/27/2025, DktEntry: 56.1, Page 4 of 4
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