The opinion of the court was delivered by: Honorable Allison Claire United States Magistrate Judge
STIPULATION AND [PROPOSED] ORDER REGARDING MODIFICATION OF DEFENDANT WILEY C. CHANDLER'S SECURED BOND
On December 13, 2011, Defendant Wiley C. Chandler was released on an Unsecured Appearance Bond in the amount of $250,000.00. [Notice and Order of Release, Dkt. Nos. 19, 23.] The Court ordered that the unsecured bond must be replaced by a secured bond, secured by Mr. Chandler's Oregon property.
On January 11, 2012, Mr. Chandler deposited an original Deed of Trust for his Oregon property naming the Clerk of the Court as beneficiary and filed an original Straight Note with the Clerk of the Court, pursuant to Local Rule 151(i).
On February 24, 2012, Mr. Chandler entered a plea of guilty in Court to Counts One and Two of the indictment, charging him with bid rigging in violation of 15 U.S.C. § 1 and conspiracy to commit mail fraud in violation of 18 U.S.C. § 1349, respectively. [Dkt. Nos. 64 and 65.] This case remains pending for some of Mr. Chandler's co-defendants, which is set for trial on November 4, 2013. [Dkt. No. 109 at 3-4.] The government has indicated that it will not be able to fully determine its sentencing recommendation for Mr. Chandler and some of his co-defendants until after trial. [Id. at 4.] Accordingly, no sentencing hearing will be set for Mr. Chandler until December, 2013 at the earliest.
Mr. Chandler's counsel and the government have discussed modifying Mr. Chandler's secured bond to an unsecured bond. The government does not oppose such a modification. This matter has also been discussed with U.S. Pretrial Services. Mr. Chandler's Pretrial Officer, Darryl Walker, notified Mr. Chandler's counsel and the government that U.S. Pretrial Services agrees with the modification set forth herein since Mr. Chandler has been in compliance with his release conditions.
Accordingly, the parties hereby stipulate to modify Mr. Chandler's bond to replace the secured bond secured by his Oregon property to an Unsecured Appearance Bond.
K&L GATES LLP Dated: December 31, 2012 By: /s/ Claudia A. Quiroz Jeffrey L. Bornstein Claudia A. Quiroz Attorneys for Defendant Wiley C. Chandler UNITED STATES DEPARTMENT OF JUSTICE, ANTITRUST DIVISION Dated: December 31, 2012 By: /s/ Anna Tryon Pletcher (as authorized on December 31, 2012) Anna Tryon Pletcher Tai S. Milder Trial Attorneys U.S. Department of Justice Antitrust Division
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