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Source document (2020-06-23)

What This Document Is

This is Chain Bridge Bank's two-page Corporate Disclosure Statement, filed June 23, 2020 under Fed. R. Civ. P. 7.1 and Local Civil Rule 7.1, in the opening weeks of the case (the complaint was filed June 12, 2020). It was filed by Robbins Russell (Donald Burke signing, with Gary A. Orseck, Matthew M. Madden, and Megan D. Browder listed pro hac vice pending) as counsel for the defendants.

Factual Summary

The statement discloses Chain Bridge Bank's ownership structure in three declarations: its "parent and sole shareholder is Chain Bridge Bancorp, Inc."; no parent, subsidiary, or affiliate of the bank "has issued stock or debt securities to the public"; and "no publicly held entity owns 10% or more of the stock of Chain Bridge Bank." The certificate of service confirms electronic service on Blue Flame's counsel, Peter H. White of Schulte Roth & Zabel. The filing also fixes the defense-side counsel lineup at the case's outset: Burke as Virginia-barred local counsel with the Robbins Russell partners' pro hac vice admissions still pending as of June 23, 2020.

Key Facts

  • Title: Corporate Disclosure Statement of Defendant Chain Bridge Bank, N.A.; filed June 23, 2020 (Docket Entry 12).
  • Chain Bridge Bank's parent and sole shareholder: Chain Bridge Bancorp, Inc.
  • No Chain Bridge entity had issued public stock or debt securities; no publicly held entity owned 10% or more of the bank's stock.
  • Establishes Chain Bridge as a privately held, single-holding-company community bank at the time it received the $456,888,600 wire.
  • Filed by Robbins Russell as defense counsel eleven days after the complaint.

Source Caveats

  • The disclosure reflects Chain Bridge's ownership as of June 23, 2020; it is not evidence of the bank's ownership at any later date.
  • The statement covers only the Rule 7.1 disclosure categories (parents and 10-percent public owners); it says nothing about the bank's size, deposits, or financial condition.
Date
2020-06-23

Full text

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF VIRGINIA
(Alexandria Division)

BLUE FLAME MEDICAL LLC,

Plaintiff,

v.

CHAIN BRIDGE BANK, N.A., JOHN J.
BROUGH, and DAVID M. EVINGER,

Defendants.

Civil Action No. 1:20-cv-00658

CORPORATE DISCLOSURE STATEMENT
OF DEFENDANT CHAIN BRIDGE BANK, N.A.

Pursuant to Federal Rule of Civil Procedure 7.1 and this Court’s Local Civil Rule 7.1,
Defendant Chain Bridge Bank, N.A. (Chain Bridge Bank) respectfully states as follows:  Chain
Bridge Bank’s parent and sole shareholder is Chain Bridge Bancorp, Inc.  No parent, subsidiary,
or affiliate of Chain Bridge Bank has issued stock or debt securities to the public, and no publicly
held entity owns 10% or more of the stock of Chain Bridge Bank.
Dated: June 23, 2020

Respectfully submitted,
/s/ Donald Burke
Gary A. Orseck (pro hac vice pending)
Matthew M. Madden (pro hac vice pending)
Donald Burke (VA Bar No. 76550)
Megan D. Browder (pro hac vice pending)
ROBBINS, RUSSELL, ENGLERT, ORSECK,
    UNTEREINER & SAUBER LLP
2000 K Street, N.W., 4th Floor
Washington, D.C. 20006
Tel: (202) 775-4500
Fax: (202) 775-4510
dburke@robbinsrussell.com
Counsel for Defendants

Case 1:20-cv-00658-LMB-IDD     Document 12     Filed 06/23/20     Page 1 of 2 PageID# 58

CERTIFICATE OF SERVICE
I hereby certify that on June 23, 2020, I will electronically file the foregoing with the
Clerk of Court using the CM/ECF system, which will then send a notification of such filing to
the following:

Peter H. White, Esq.
SCHULTE ROTH & ZABEL LLP
901 Fifteenth Street, NW, Suite 800
Washington, DC 20005
Tel: 202-729-7476
Fax: 202-730-4520
peter.white@srz.com
Counsel for Blue Flame Medical LLC

/s/ Donald Burke
Donald Burke (VA Bar No. 76550)
ROBBINS, RUSSELL, ENGLERT, ORSECK,
    UNTEREINER & SAUBER LLP
2000 K Street, N.W., 4th Floor
Washington, D.C. 20006
Tel: (202) 775-4500
Fax: (202) 775-4510
dburke@robbinsrussell.com

Case 1:20-cv-00658-LMB-IDD     Document 12     Filed 06/23/20     Page 2 of 2 PageID# 59

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