KeyBank National Association v. Franklin Advisers, Inc. et al

Justia Dockets & Filings Second Circuit New York Southern District KeyBank National Association v. Franklin Advisers, Inc. et al

KeyBank National Association v. Franklin Advisers, Inc. et al

Plaintiff:	KeyBank National Association
Defendant:	Franklin Advisers, Inc., Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, Franklin Floating Rate Master Trust - Franklin Floating Rate Master Series, Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, Kansas Public Employees Retirement System, Franklin Floating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, Franklin Floating Rate Master Trust - Franklin Middle Tier Floating Rate Fund and Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rate Fund
Case Number:	1:2018cv03755
Filed:	April 27, 2018
Court:	US District Court for the Southern District of New York
Office:	Foley Square Office
County:	XX Out of State
Presiding Judge:	Ronnie Abrams
Nature of Suit:	Other Statutory Actions
Cause of Action:	28 U.S.C. § 1452
Jury Demanded By:	None

Follow case documents by RSS

Available Case Documents

The following documents for this case are available for you to view or download:

Date Filed	Document Text
March 26, 2019	Filing 49 OPINION & ORDER re: (23 in 1:18-cv-03755-RA) LETTER MOTION to Consolidate Cases 1:18-cv-03762 addressed to Judge Ronnie Abrams from Daniel S. Shamah dated May 14, 2018. filed by Franklin Floating Rate Master Trust - Franklin Middle Tier Floating Rate Fund, Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, Franklin Floating Rate Master Trust - Franklin Floating Rate Master S eries, Franklin Advisers, Inc., Franklin Floating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, Kansas Public Employees Retirement System, Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rate Fund, (26 in 1:18- cv-03762-RA) MOTION to Remand to State Court NOTICE OF MOTION FOR REMAND SUIT TO ORIGINAL STATE COURT. filed by Fifth Third Bank, (23 in 1:18-cv-03762-RA) MOTION to Transfer Case . filed by Franklin Floating Rate Master Tru st - Franklin Middle Tier Floating Rate Fund, Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, Franklin Floating Rate Master Trust - Franklin Fl oating Rate Master Series, Franklin Advisers, Inc., Franklin Floating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, Kansas Public Employees Retirement System, Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rat e Fund, (28 in 1:18-cv-03755-RA) CROSS MOTION to Remand . filed by KeyBank National Association, (24 in 1:18-cv-03755-RA) MOTION to Transfer Case . filed by Franklin Floating Rate Master Trust - Franklin Middle Tier Floatin g Rate Fund, Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, Franklin Floating Rate Master Trust - Franklin Floating Rate Master Series, Fran klin Advisers, Inc., Franklin Floating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, Kansas Public Employees Retirement System, Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rate Fund, (22 in 1:18-cv-03762-RA) LETTER MOTION to Consolidate Cases 1:18-cv-03755 addressed to Judge Ronnie Abrams from Daniel S. Shamah dated May 14, 2018. filed by Franklin Floating Rate Master Trust - Franklin Middle Tier Floating Rate Fund, Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, Franklin Floating Rate Master Trust - Franklin Floating Rate Master Series, Franklin Advisers, Inc., Franklin Fl oating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, Kansas Public Employees Retirement System, Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rate Fund. For the foregoing reasons, Defendants' motion to cons olidate these cases is GRANTED, Plaintiffs' motion to remand the cases to New York State Court is DENIED, and Defendants' motion to transfer venue to the United States District Court for the District of Delaware is DENIED. The Clerk of C ourt is respectfully directed to terminate the motions pending at Dkts. 23, 24, 28, in Case No. 18-CV-3755, and Dkts. 22, 23, 26, in Case No. 18- CV-3762, and to refer this case to a bankruptcy judge for this district, pursuant to the Standing Order of Reference Re: Title 11 (S.D.N.Y. Jan. 31, 2012). SO ORDERED. (Signed by Judge Ronnie Abrams on 3/26/2019) (rj) Transmission to Civil Case Openings Clerk for processing.

Date Filed

Document Text

March 26, 2019

Filing 49 OPINION & ORDER re: (23 in 1:18-cv-03755-RA) LETTER MOTION to Consolidate Cases 1:18-cv-03762 addressed to Judge Ronnie Abrams from Daniel S. Shamah dated May 14, 2018. filed by Franklin Floating Rate Master Trust - Franklin Middle Tier Floating Rate Fund, Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, Franklin Floating Rate Master Trust - Franklin Floating Rate Master S eries, Franklin Advisers, Inc., Franklin Floating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, Kansas Public Employees Retirement System, Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rate Fund, (26 in 1:18- cv-03762-RA) MOTION to Remand to State Court NOTICE OF MOTION FOR REMAND SUIT TO ORIGINAL STATE COURT. filed by Fifth Third Bank, (23 in 1:18-cv-03762-RA) MOTION to Transfer Case . filed by Franklin Floating Rate Master Tru st - Franklin Middle Tier Floating Rate Fund, Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, Franklin Floating Rate Master Trust - Franklin Fl oating Rate Master Series, Franklin Advisers, Inc., Franklin Floating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, Kansas Public Employees Retirement System, Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rat e Fund, (28 in 1:18-cv-03755-RA) CROSS MOTION to Remand . filed by KeyBank National Association, (24 in 1:18-cv-03755-RA) MOTION to Transfer Case . filed by Franklin Floating Rate Master Trust - Franklin Middle Tier Floatin g Rate Fund, Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, Franklin Floating Rate Master Trust - Franklin Floating Rate Master Series, Fran klin Advisers, Inc., Franklin Floating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, Kansas Public Employees Retirement System, Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rate Fund, (22 in 1:18-cv-03762-RA) LETTER MOTION to Consolidate Cases 1:18-cv-03755 addressed to Judge Ronnie Abrams from Daniel S. Shamah dated May 14, 2018. filed by Franklin Floating Rate Master Trust - Franklin Middle Tier Floating Rate Fund, Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, Franklin Floating Rate Master Trust - Franklin Floating Rate Master Series, Franklin Advisers, Inc., Franklin Fl oating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, Kansas Public Employees Retirement System, Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rate Fund. For the foregoing reasons, Defendants' motion to cons olidate these cases is GRANTED, Plaintiffs' motion to remand the cases to New York State Court is DENIED, and Defendants' motion to transfer venue to the United States District Court for the District of Delaware is DENIED. The Clerk of C ourt is respectfully directed to terminate the motions pending at Dkts. 23, 24, 28, in Case No. 18-CV-3755, and Dkts. 22, 23, 26, in Case No. 18- CV-3762, and to refer this case to a bankruptcy judge for this district, pursuant to the Standing Order of Reference Re: Title 11 (S.D.N.Y. Jan. 31, 2012). SO ORDERED. (Signed by Judge Ronnie Abrams on 3/26/2019) (rj) Transmission to Civil Case Openings Clerk for processing.

Access additional case information on PACER

Use the links below to access additional information about this case on the US Court's PACER system. A subscription to PACER is required.

Access this case on the New York Southern District Court's Electronic Court Filings (ECF) System

Search for this case: KeyBank National Association v. Franklin Advisers, Inc. et al
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Web	[ Unicourt \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Plaintiff: KeyBank National Association
Represented By:	Peter S. Clark, II
Represented By:	Jonathan Peter Gordon
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Defendant: Franklin Advisers, Inc.
Represented By:	Stephanie Ann Drotar
Represented By:	Peter Friedman
Represented By:	Daniel Steven Shamah
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Defendant: Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund
Represented By:	Stephanie Ann Drotar
Represented By:	Peter Friedman
Represented By:	Daniel Steven Shamah
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Defendant: Franklin Floating Rate Master Trust - Franklin Floating Rate Master Series
Represented By:	Stephanie Ann Drotar
Represented By:	Peter Friedman
Represented By:	Daniel Steven Shamah
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Defendant: Franklin Templeton Series II Funds - Franklin Floating Rate II Fund
Represented By:	Stephanie Ann Drotar
Represented By:	Peter Friedman
Represented By:	Daniel Steven Shamah
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Defendant: Kansas Public Employees Retirement System
Represented By:	Stephanie Ann Drotar
Represented By:	Peter Friedman
Represented By:	Daniel Steven Shamah
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Defendant: Franklin Floating Rate Master Trust - Franklin Lower Tier Floating Rate Fund
Represented By:	Stephanie Ann Drotar
Represented By:	Peter Friedman
Represented By:	Daniel Steven Shamah
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Defendant: Franklin Floating Rate Master Trust - Franklin Middle Tier Floating Rate Fund
Represented By:	Stephanie Ann Drotar
Represented By:	Peter Friedman
Represented By:	Daniel Steven Shamah
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Defendant: Franklin Templeton Series II Funds - Franklin Upper Tier Floating Rate Fund
Represented By:	Stephanie Ann Drotar
Represented By:	Peter Friedman
Represented By:	Daniel Steven Shamah
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.

Why Is My Information Online?