IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA
August 13, 2009
DAVID HARTGRAVES, PLAINTIFF,
INDYMAC BANK, F.S.B., FDIC AS RECEIVER FOR INDYMAC BANK F.S.B., ONEWEST BANK, AND DOES 1-50, INCLUSIVE, DEFENDANTS.
The opinion of the court was delivered by: John A. Mendez U.S. District Court Judge
ORDER STAYING CASE PENDING COMPLETION OF ADMINISTRATIVE CLAIMS PROCESS
This matter came before this Court on the Stipulation Staying Case (the "Stipulation") between the Federal Deposit Insurance Corporation ("FDIC-R"), as Receiver of Defendant IndyMac Bank, F.S.B., and Plaintiff, David Hartgraves ("Plaintiff"). Plaintiff represents that he filed an administrative claim with the FDIC-R. This Court finds that good cause exists to enter this Order.
IT IS HEREBY ORDERED THAT:
1. The Stipulation is hereby approved. This case is hereby stayed until the administrative process, proscribed by 12 U.S.C. § 1821(d)(3) - (d)(13), has been completed. Counsel for the FDIC-R shall notify the Court when the administrative process has been completed. Should the administrative process not be completed within 180 days, counsel for the FDIC-R shall so advise the court and provide a status report.
2. The FDIC-R and the other Defendants shall not need to file an answer or other responsive pleading to the First Amended Complaint at this time. Upon notification by counsel for the FDIC that the administrative process proscribed by 12 U.S.C. § 1821(d)(3) - (d)(13) has been completed, this Court will schedule an initial status conference to, among other things, set the deadlines for Defendants to file an answer or other responsive pleading to the First Amended Complaint.
© 1992-2009 VersusLaw Inc.