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Federal Deposit Insurance Corporation As Receiver For Indymac Bank, F.S.B v. K. Hovnanian American Mortgage

May 3, 2011

FEDERAL DEPOSIT INSURANCE CORPORATION AS RECEIVER FOR INDYMAC BANK, F.S.B., PLAINTIFF,
v.
K. HOVNANIAN AMERICAN MORTGAGE, LLC, A FLORIDA LIMITED LIABILITY COMPANY, DEFENDANT.



The opinion of the court was delivered by: The Hon. George H. Wu United States District Court Judge

JS-6

ORDER ON STIPULATION TO DISMISS CASE PURSUANT TO FEDERAL RULES OF CIVIL PROCEDURE, RULE 41(a)(1)

Based upon the Stipulation to Dismiss Case Pursuant to Federal Rules of Civil Procedure, Rule 41(a)(1) entered into between plaintiff FEDERAL DEPOSIT INSURANCE CORPORATION ("FDIC") as Receiver for INDYMAC BANK, F.S.B. and defendant K. HOVNANIAN AMERICAN MORTGAGE, LLC, it is hereby ordered that the above-captioned action be and hereby is dismissed in its entirety, as to all parties and causes of action, with prejudice pursuant to Federal Rules of Civil Procedure, Rule 41(a)(1), with the Court to retain jurisdiction to enforce the settlement.

IT IS SO ORDERED.

20110503

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