Case 1:09-cv-02198-RWR Document 20 Filed 01/03/11 Page 1 of 4

UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF COLUMBIA

)
GARY RYDER )
)
Plaintiff, )
)
v. )
)
FEDERAL DEPOSIT INSURANCE )
CORPORA TION, ) No.1 :09-cv-02198-RWR
)
FEDERAL DEPOSIT INSURANCE )
CORPORATION, AS RECEIVER FOR )
WASHINGTON MUTUAL BANK, and )
)
J.P. MORGAN CHASE & CO. )
)
Defendants. )
)

DEFENDANTS' STATUS REPORT

Defendant Federal Deposit Insurance Corporation (FDIC), in its corporate capacity;

Defendant FDIC, in its capacity as receiver for Washington Mutual Bank (W AMU) (FDIC-R);

and Defendant LP. Morgan Chase (JPMC), by and through the undersigned counsel and pursuant

to this Court's Minute Order entered on November 22,2010, respectfully submit this Status

Report, stating as follows:

 Case 1:09-cv-02198-RWR Document 20 Filed 01/03/11 Page 2 of 4

1) The defendants represent that they wish to resolve the case through settlement.

2) The defendants continue to work in good faith toward a global settlement but do

not know whether a settlement is feasible.

3) Plaintiff has asserted similar claims against defendants FDIC-R and JPMC in

Ryder v. Washington Mutual Bank, et aI., No. 3:04-CV-0973 (DJS), pending in

the U.S. District Court, District of Connecticut (Connecticut litigation).

4) On December 13,2010, plaintiff filed a motion for status conference and/or

settement conference in the Connecticut litigation which defendants do not

oppose.

5) A conference has not yet been scheduled in the Connecticut litigation but the

defendants expect that after the conference they will be in a position to determine

whether global settlement is feasible.

6) The defendants hereby request that the stay be continued until 60 days after the

conference in Connecticut. Once a conference has been scheduled, the defendants

will promptly notify this Court of the date and submit a proposed order.

7) The defendants will also promptly notify this Court if a settlement agreement is

reached in the interim.

8) Defendants have advised the plaintiff of their intention to ask this Court to issue

the proposed stay until 60 days after the conference in the Connecticut litigation.

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 Case 1:09-cv-02198-RWR Document 20 Filed 01/03/11 Page 3 of 4

WHEREFORE, the defendants respectfully request that the Court enter an Order

continuing the stay until 60 days after the date of the settlement conference in Connecticut.

Dated: January 3,2011 Respectfully submitted,

lsi David S. Panzer lsi Barbara Katron

(signed by Barbara Katron with permission (Barbara Katron (D.C. Bar No. 387970)
from David S. Panzer) (D.C. Bar No. 470677) Federal Deposit Insurance Corporation,
GREENBERG TRAURIG, LLP in its receivership capacity
2101 L Street, N.W. 550 17th St. NW, VS D-7038
Suite 1000 Washington, D.C. 20429
Washington, D.C. 20037 Tel: 703-562-2383
TeL. (202) 331 3100 Fax: 703-562-2477
Fax. (202) 331-3101 bkatron(ffdic.gov
panzerd(fgtlaw.com
Attorney for Defendant Federal Deposit
Attorney for Defendant JP Morgan Chase & Insurance Corporation. in its receivership
Co. capacity

lsi Martha W. McClellan

(signed by Barbara Katron with permission
from Martha W. McClellan)
Martha W. McClellan (V.A. Bar No. 17255)
Federal Deposit Insurance Corporation
Legal Division - Corporate Litigation Group
550 17th Street, NW
VS-D-7060
Washington, DC 20429
Tel: (703) 5622375
mmcclellan(ffdic.gov

Attorney for Federal Deposit Insurance

Corporation

3
 Case 1:09-cv-02198-RWR Document 20 Filed 01/03/11 Page 4 of 4

CERTIFICATE OF SERVICE

I HEREBY CERTIFY that on January 3, 2011, I fied a copy of the foregoing

Defendants' Status Report and Proposed Order on the Court's ECF system, and also caused a

copy to be served by U.S. Mail, postage prepaid, on:

Gary Ryder
345 Round Hill Road
Greenwich, CT 06831
Pro Se Plaintif

lsi Barbara Katron

4
 Case 1:09-cv-02198-RWR Document 20-1 Filed 01/03/11 Page 1 of 1

UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF COLUMBIA

)
GARY RYDER )
)
Plaintiff, )
)
v. )
)
FEDERAL DEPOSIT INSURANCE )
CORPORATION, ) No.1 :09-cv-02198-RWR
)
FEDERAL DEPOSIT INSURANCE )
CORPORATION, AS RECEIVER FOR )
WASHINGTON MUTUAL BANK, and )
)
J.P. MORGAN CHASE & CO. )
)
Defendants. )
)

ORDER

Upon consideration of the Defendants' Status Report, it is hereby

ORDERED that the Defendants' request to continue the stay until 60 days after the

parties attend the status/settement conference in the Connecticut litigation is

GRANTED; and it is

SO ORDERED.

This _ day of _' 2011.

Honorable Richard W. Roberts
United States District Judge