Court filing
Joint Status Report (March 12, 2026) — Application Reinstated Claim — PayServices v. FRBSF
Record facts
| Court | U.S. Court of Appeals for the Ninth Circuit |
|---|---|
| Filed | 2026-03-12 |
Summary
A Joint Status Report filed March 12, 2026 in PayServices Bank v. Federal Reserve Bank of San Francisco, No. 24-2355, in the U.S. 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. It responds to the Court's order entered January 24, 2025 directing status reports every 30 days until the administrative appeal is resolved. It states that the administrative appeal remains on remand with the Idaho Department of Finance, that the Department issued requests for information on January 16, 2026 and February 12, 2026, and that PayServices responded on February 20, 2026. The Federal Reserve Bank of San Francisco states that it lacks access to the underlying documents and orders and cannot comment on the reinstatement PayServices describes. The report is four pages and is signed by counsel for both parties.
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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, 03/12/2026, DktEntry: 76.1, 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. The administrative appeal remains on remand with the Idaho Department of Finance (the “Department”). As two Idaho administrative law judges have established, the application has been reinstated during this time period. 2. On January 16, 2026 and on February 12, 2026, the Department issued requests for information. PayServices timely responded to the requests for information on February 20, 2026. 3. Appellee Federal Reserve Bank of San Francisco (“FRBSF”) does not have access to the underlying documents and orders for PayServices’ administrative appeal, including the Departments’ requests for information and PayServices’ response referenced above. Accordingly, FRBSF cannot comment on PayServices’ claim that its application has been reinstated while the administrative appeal is on remand, including because PayServices has not filed the applicable orders with the Court. See Docket Entry Nos. 65.1-67.1, 69.1, 73.1. FRBSF has no updates or Case: 24-2355, 03/12/2026, DktEntry: 76.1, Page 2 of 4 2 information regarding the status of PayServices’ administrative appeal and is only aware of the above events through PayServices’ updates herein. 4. Any further updates in this matter will be provided via a status report, which will be filed 30 days from today’s date. Date: March 12, 2026 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, 03/12/2026, DktEntry: 76.1, Page 3 of 4 3 CERTIFICATE OF FILING AND SERVICE I hereby certify that on this 12th day of March, 2026, 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/ Jonathan K. Youngwood Jonathan K. Youngwood Simpson Thacher & Bartlett LLP 425 Lexington Avenue New York, NY 10017 Telephone: (212) 455-2000 jyoungwood@stblaw.com Attorney for Appellee Federal Reserve Bank of San Francisco Case: 24-2355, 03/12/2026, DktEntry: 76.1, Page 4 of 4
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- gov.uscourts.ca9.1a3878fe-2377-4c5c-b106-0563eb262821.76.0.pdf
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