NATIONAL CREDIT UNION ADMINISTRATION BOARD v. JPMORGAN CHASE BANK, N.A.

Case No. 13-2012-JWL.

NATIONAL CREDIT UNION ADMINISTRATION BOARD, Plaintiff, v. JPMORGAN CHASE BANK, N.A., as Successor-in-Interest to Washington Mutual Bank, WaMu Capital Corp., Long Beach Securities Corp., and WaMu Asset Acceptance Corp.; WAMU CAPITAL CORP.; LONG BEACH SECURITIES CORP.; and WAMU ASSET ACCEPTANCE CORP., Defendants.

United States District Court, D. Kansas.

September 3, 2013.


Attorney(s) appearing for the Case

National Credit Union Administration Board, as Liquidating Agent of U.S. Central Federal Credit Union, Western Corporate Federal Credit Union and Southwest Corporate Federal Credit Union, Plaintiff, represented by David C. Frederick , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC, George A. Zelcs , Korein Tillery, LLC, Gregory G. Rapawy , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC, Mark C. Hansen , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC, Norman E. Siegel , Stueve Siegel Hanson LLP, Rachel E. Schwartz , Stueve Siegel Hanson LLP & Wan Joo Kim , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC.

JP Morgan Chase Bank, N.A., as Successor-in-Interest to Washington Mutual Bank, WaMu Capital Corp., Long Beach Securities Corp., and WaMu Asset Acceptance Corp., Defendant, represented by Benjamin D. Brutlag , Cravath, Swaine & Moore LLP, Hector J. Valdes , Cravath, Swaine & Moore LLP, J. Wesley Earnhardt , Cravath, Swaine & Moore LLP, Jennifer B. Wieland , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP, John W. Shaw , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP, Michael A. Paskin , Cravath, Swaine & Moore LLP & Thomas P. Schult , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP.

Wamu Capital Corp., Defendant, represented by Benjamin D. Brutlag , Cravath, Swaine & Moore LLP, Hector J. Valdes , Cravath, Swaine & Moore LLP, J. Wesley Earnhardt , Cravath, Swaine & Moore LLP, Jennifer B. Wieland , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP, John W. Shaw , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP, Michael A. Paskin , Cravath, Swaine & Moore LLP & Thomas P. Schult , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP.

Long Beach Securities Corp., Defendant, represented by Benjamin D. Brutlag , Cravath, Swaine & Moore LLP, Hector J. Valdes , Cravath, Swaine & Moore LLP, J. Wesley Earnhardt , Cravath, Swaine & Moore LLP, Jennifer B. Wieland , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP, John W. Shaw , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP, Michael A. Paskin , Cravath, Swaine & Moore LLP & Thomas P. Schult , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP.

Wamu Asset Acceptance Corp., Defendant, represented by Benjamin D. Brutlag , Cravath, Swaine & Moore LLP, Hector J. Valdes , Cravath, Swaine & Moore LLP, J. Wesley Earnhardt , Cravath, Swaine & Moore LLP, Jennifer B. Wieland , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP, John W. Shaw , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP, Michael A. Paskin , Cravath, Swaine & Moore LLP & Thomas P. Schult , Berkowitz Oliver Williams Shaw & Eisenbrandt, LLP.

Federal Deposit Insurance Corporation, Amicus, represented by Craig T. Limbocker , Federal Deposit Insurance Corporation & Jerome A. Madden , Federal Deposit Insurance Corporation.


MEMORANDUM AND ORDER

JOHN W. LUNGSTRUM, District Judge.

This matter is presently before the Court on defendants' motion to dismiss (Doc. # 19). The Court concludes that certain of plaintiff's claims are time-barred. Accordingly, the motion is granted in part and denied in part, as set forth more specifically herein.

I. Background

Plaintiff National Credit Union Administration...

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