Camenisch

Camenisch v. Umpqua Bank

Good Law
United States District Court, Northern District of CaliforniaJuly 15, 20245:20-cv-05905California1,091 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 9 SHELA CAMENISCH, et al., Case No. 20-cv-05905-RS Plaintiffs, 11 v. FURTHER ORDER RE PREJUDGMENT INTEREST CLAIM

UMPQUA BANK,

13 Defendant.

15 Defendant Umpqua Bank previously sought summary judgment that plaintiffs will not be entitled to prejudgment interest even if they prevail on the merits of their claims. Umpqua’s primary argument was that principles of collateral estoppel and/or judicial estoppel preclude plaintiffs from recovering prejudgment interest against Umpqua because PFI’s approved bankruptcy plan ultimately did not permit recovery of prejudgment interest from PFI, given its terms and the size of the bankruptcy estate. That argument was rejected, and summary judgment denied, in a prior order. Umpqua now seeks leave to pursue reconsideration or clarification, pointing out the prior order did not address its subsidiary argument that whether or not plaintiffs were precluded from …

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