IN RE COMMERCIAL MONEY CENTER, INC.

Case No. 1:02CV16000. MDL Docket No. 1490. This Order Relates To Case Nos. 02CV16010, 02CV16012, 02CV16014, 02CV16019, 02CV16020, 02CV16022.

737 F.Supp.2d 815 (2010)

In re COMMERCIAL MONEY CENTER, INC., Equipment Lease Litigation.

United States District Court, N.D. Ohio, Eastern Division.

July 27, 2010.


Attorney(s) appearing for the Case

Buckley King , Howard JC Nicols , James A. Vollins , Thomas S. Babel , Thomas S. Kilbane , Squire, Sanders & Dempsey, Victor D. Radel , Chernett Wasserman Yarger , Cleveland, OH, Roger J. Stevenson , Roetzel & Andress, Akron, OH, Stephen Macek , Highland Hills, OH, Ugo Colella , Katten Muchin Rosenman , Washington, DC, Hilary Harp , Powell Goldstein , Atlanta, GA, for Plaintiff(s) In Commercial Money Center Litigation.

Patrick J. McLaughlin , Dorsey & Whitney, Minneapolis, MN.

George S. Wang , Simpson Thacher & Bartlett LLP, New York, NY, for Plaintiff(s) In Commercial Money Center Litigation, Citibank, N.A., JPMorgan Chase Bank, Lakeland Bank, Second National Bank of Warren, General Electric Capital Corporation, Sky Bank.

Mathew B. Beredo , City of Perrysburg, Perrysburg, OH, for Citibank, N.A., JPMorgan Chase Bank.

Steven E. Brawer , Lowenstein Sandler , Roseland, NJ, for Plaintiff(s) In Commercial Money Center Litigation, Lakeland Bank.

Donald S. Scherzer , Rachael L. Russo , Roetzel & Andress, Cleveland, OH, for Plaintiff(s) In Commercial Money Center Litigation, Second National Bank of Warren.

Mindy J. Spector , Weil, Gotshal & Manges, New York, NY, for General Electric Capital Corporation.

Stephen M. Fazio , Squire, Sanders & Dempsey, Cleveland, OH, for Sky Bank.

Martha S. Sullivan , Squire, Sanders & Dempsey, Cleveland, OH, for Plaintiff(s) In Commercial Money Center Litigation, Sky Bank, The Huntington National Bank.

David S. Cupps , Vorys, Sater, Seymour & Pease, Columbus, OH, John R. Wirthlin , National City Bank, Cincinnati, OH, Marcel C. Duhamel , Vorys, Sater, Seymour & Pease, for Provident Bank.

Mark Robinson Jacobs , Taft Stettinius & Hollister, Cleveland, OH, for Plaintiff(s) In Commercial Money Center Litigation, Provident Bank, Cadlerock Joint Venture, L.P.

Brent M. Buckley , Theodore M. Dunn, Jr. , Buckley King , Cleveland, OH, for Plaintiff(s) in Commercial Money Center Litigation, Bank One, NA.

Joseph D. Datchuk , Cadle Company, Victor O. Buente, Jr. , Newton Falls, OH, John M. Manos , Cleveland, OH, for Cadlerock Joint Venture, L.P.

JPMorgan Chase Bank N.A., pro se.

Federal Deposit Insurance Company, pro se.

William V. Custer, IV , Bryan Cave Powell Goldstein , Atlanta, GA, for Federal Deposit Insurance Company Receiver of other NetBank.

Ken Welt , Hollywood, FL, Michael D. Prough , Morison Holden Derewetzky & Prough, Walnut Creek, CA, for Commercial Money Center, Inc.

Christopher M. Vlasich , Levin & Associates, Cleveland, OH, for Commercial Money Center, Inc., Defendant in Commercial Money Center, Inc. Equipment Lease Litigation.

Mitchell R. Berger , Patton Boggs , Washington, DC.

Marquettes D. Robinson , Thacker Martinsek , Cleveland, OH.

Alan S. Gilbert , Gerald E. Fradin , John I. Grossbart , Steven Merouse , SNR Denton, Chicago, IL, Don Fogel , Snow Fogel Spence , John R. Knight , Ware, Snow, Fogel & Jackson, Houston, TX, Michael H. Barr , Richard M. Zuckerman , SNR Denton, New York, NY, Timothy G. Warner , Douglas A. Dipalma , Cavitch Familo & Durkin, Cleveland, OH, for Royal Indemnity Company.

Benjamin C. Sasse , Tucker, Ellis & West, Cleveland, OH, for Royal Indemnity Company, RLI Insurance Company, Safeco Insurance Company of America, American Motorists Insurance Company.

John J. Rasmussen , Morison-Knox Holden Melendez & Prough, Richmond, VA, William C. Morison , Michael D. Prough , Morison Holden Derewetzky & Prough, Walnut Creek, CA, for RLI Insurance Company.

Ronald W. Hopkins , Gascou Hopkins , Los Angeles, CA, for RLI Insurance Company, American Motorists Insurance Company.

James G. Stanley , Michael T. Lowe , Booth, Mitchel & Strange, Orange, CA, Alan N. Hirth , Debra J. Horn , Matthew E. Parkins , Meyers, Roman, Friedberg & Lewis, Cleveland, OH, for Safeco Insurance Company of America.

Jean Pierre Nogues , Thomas P. Lambert , Mitchell, Silberberg & Knupp, Los Angeles, CA, Richard C. Mason , Stephen A. Cozen , Cozen O'Connor , Philadelphia, PA, Royce R. Remington , Hahn, Loeser & Parks, Mark D. Griffin , Thorman & Hardin-Levine, Cleveland, OH, for Illinois Union Insurance Company, Ace Ina Holding, Inc., Ace American Insurance Co.

Kathleen B. Havener , Chagrin Falls, OH, for Royal Indemnity Company, RLI Insurance Company, Illinois Union Insurance Company, Ace Ina Holding, Inc., Ace American Insurance Co.

Amy Hull Carey , David H. Wallace , Taft, Stettinius & Hollister, Cleveland, OH, Brendan B. Penney , William I. Chertok , Adam J. Thurston , Bryan Cave, LLP, Santa Monica, CA, Christian J. Gascou , Gascou Hopkins , Los Angeles, CA, for American Motorists Insurance Company.

James H. Wilkins , Wilkins Drolshagen & Czeshinski, Fresno, CA, for American Motorists Insurance Company, United Security Bank.

Ronald P. Friedberg , Meyers, Roman, Friedberg & Lewis, Cleveland, OH, for Safeco Insurance Company of America, American Motorists Insurance Company.

Kathleen B. Havener , Chagrin Falls, OH, Ross M. Babbitt , Cleveland, OH, for Ace Ina Holding, Inc., Ace American Insurance Co.

Jeffrey L. Galliher , Ham Galliher , Las Vegas, NV, for Defendant in Commercial Money Center, Inc. Equipment Lease Litigation.

Robert J. Hanna , Tucker Ellis & West, Cleveland, OH, for Royal Indemnity Company, RLI Insurance Company, Safeco Insurance Company of America, American Motorists Insurance Company, Defendant in Commercial Money Center, Inc. Equipment Lease Litigation.

Thomas M. Brown , Albuquerque, NM, for Anita Pirtle, Sterling Wayne Pirtle.

Michael A. Weismantel , Alfred M. Delacruz , Manning & Marder Kass Ellrod Ramirez, San Diego, CA, for Anthony & Morgan Surety and Insurance Services Inc., Michael Anthony.

George Dave Giddens , Albuquerque, NM, for Charlotte Gallegos, Raymond Gallegos.


ORDER

KATHLEEN McDONALD O'MALLEY, District Judge.

The dispute in these actions centers around the Sureties' liability on various surety bonds issued in connection with certain transactions between the Banks1 and Commercial Money Center, Inc. ("CMC"). CMC's business involved the leasing of equipment and vehicles to numerous lessees in exchange for lease payments. CMC then pooled the leases and sold them to institutional...

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