State Farm Life Insurance Company v. Maria T. Lazo et al

Filing 14

ORDER ON JOINT STIPULATION FOR JUDGMENT by Judge Sherilyn Peace Garnett. The Court orders: State Farm pay a portion of the Policy's death benefit in the amount of $240,000.00 to Defendants Maria T. Lazo and Guillermo Lazo; that State Fa rm pay a portion of the Policy's death benefit in theamount of $10,000.00 to Defendant Justin M. Johnson; after payment of $250,000.00 of the Policy's approximately $257,151.68 total death benefit and interest, State Farm i s discharged from further liability related to the Policy; that State Farm be reimbursed its attorneys' fees and costs related to this interpleader action in the amount of $7,151.68, to be deducted from the Policys death benefit and inter est thereon paid to Defendants; Defendants are restrained from instituting or further prosecuting any other proceeding in any court in this status affecting the rights and obligations as between the Parties related to the Policy; except as provided in this Stipulation, each side to bear its own attorneys' fees and costs. (MD JS-6, Case Terminated). (iv)

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1 2 3 JS-6 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 11 STATE FARM LIFE INSURANCE Case No.: 23-cv-10242-SPG-JDE 12 COMPANY, an Illinois corporation, 13 14 ORDER ON JOINT STIPULATION FOR JUDGMENT Plaintiff, v. 15 MARIA T. LAZO, an individual, 16 GUILLERMO R. LAZO, an individual, JUSTIN M. JOHNSON, an individual, 17 and DOES 1 through 10, inclusive, 18 19 Defendants. 20 21 22 23 24 25 26 27 28 1 ORDER 1 2 3 4 5 ORDER 6 The Court orders: 7 (i) that State Farm pay a portion of the Policy’s death benefit in the 8 amount of $240,000.00 to Defendants Maria T. Lazo and Guillermo 9 Lazo; 10 (ii) amount of $10,000.00 to Defendant Justin M. Johnson; 11 12 that State Farm pay a portion of the Policy’s death benefit in the (iii) after payment of $250,000.00 of the Policy’s approximately 13 $257,151.68 total death benefit and interest, State Farm is discharged 14 from further liability related to the Policy; 15 (iv) that State Farm be reimbursed its attorneys’ fees and costs related to 16 this interpleader action in the amount of $7,151.68, to be deducted 17 from the Policy’s death benefit and interest thereon paid to 18 Defendants; 19 (v) Defendants are restrained from instituting or further prosecuting any 20 other proceeding in any court in this status affecting the rights and 21 obligations as between the Parties related to the Policy; 22 (vi) attorneys’ fees and costs; and 23 24 except as provided in this Stipulation, each side to bear its own (vii) that this action be dismissed in its entirety with prejudice. 25 26 IT IS SO ORDERED. 27 28 Date: March 26, 2024 _______________________________ The Honorable Sherilyn Peace Garnett UNITED STATES DISTRICT JUDGE 2 ORDER

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