Case: 24-2355, 06/22/2026, DktEntry: 89.1, Page 1 of 4
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. Jonathan K. Youngwood
Jade A. Craig, P.A. Simpson Thacher & Bartlett LLP
260 Logan Lee Loop 425 Lexington Avenue
Oxford, MS 38655 New York, NY 10017
Telephone: (813) 459-1309 Telephone: (415) 455-3539
jade@jadeacraigpa.com jyoungwood@stblaw.com
Attorney for Appellant Attorney for Appellee Federal Reserve
PayServices Bank Bank of San Francisco
Case: 24-2355, 06/22/2026, DktEntry: 89.1, Page 2 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 does not have access
to the Idaho Department of Finance’s filings or updates referenced below and is only
aware of the below events through PayServices Bank’s (“PayServices”) updates
herein.
2. On May 25, 2026, PayServices submitted an appeal of the decision on
remand and a petition for a contested case hearing.
3. The Idaho Department of Finance referred the appeal to the Idaho
Office of Administrative Hearings (“OAH”) on May 29, 2026. The OAH has
assigned an administrative law judge to preside over the matter.
4. On June 9, 2026, the parties attended a status conference with the ALJ
to set a schedule for resolving a pending motion to supplement the record and
scheduling briefing and a hearing in this matter.
5. Any further updates in this matter will be provided via a status report,
which will be filed 30 days from today’s date.
Case: 24-2355, 06/22/2026, DktEntry: 89.1, Page 3 of 4
Date: June 22, 2026
Jade A. Craig, P.A. Simpson Thacher & Bartlett LLP
s/ Jade A. Craig s/ Jonathan K. Youngwood
Jade A. Craig Jonathan K. Youngwood
Attorney for Appellant PayServices Attorney for Appellee Federal Reserve
Bank Bank of San Francisco
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Case: 24-2355, 06/22/2026, DktEntry: 89.1, Page 4 of 4
CERTIFICATE OF FILING AND SERVICE
I hereby certify that on this 22nd day of June, 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) 455-3539
jyoungwood@stblaw.com
Attorney for Appellee Federal Reserve
Bank of San Francisco
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