American General Life Insurance Company v. John Masters et al

Filing 48

JUDGMENT by Judge Cormac J. Carney. IT IS HEREBY ORDERED, ADJUDGED AND DECREED that one-half of the funds originally deposited by American General Life Insurance Company with the Clerk of the Court, (see Dkt. No. 29 (showing an original deposit of $170,186.56)), shall hereby be released to Defendant Preston Masters. (twdb)

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UNITED STATES DISTRICT COURT

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CENTRAL DISTRICT OF CALIFORNIA

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SOUTHERN DIVISION

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) Case No.: SACV 12-01976-CJC(ANx)
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Plaintiff,
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vs.
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) JUDGMENT
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JOHN MASTERS, PRESTON
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MASTERS, and ROBERT MASTERS, )
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Defendants.
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AMERICAN GENERAL LIFE
INSURANCE COMPANY,

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On May 28, 2014, the Court issued an Order granting summary judgment to

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Defendant Preston Masters, finding that Defendant Robert Masters is not a beneficiary to

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the term life insurance policy issued by American General Life Insurance Company to

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James Charles Masters as Policy No. YMA0064121 (the “Policy”). (Dkt. No. 46.) The

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Court found that John Masters and Preston Masters are the sole beneficiaries to the

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Policy, and are each entitled to one-half of the funds deposited by American General with

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the Court in this interpleader action. In accordance with the Court’s May 28, 2014 Order:

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IT IS HEREBY ORDERED, ADJUDGED AND DECREED that one-half of the

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funds originally deposited by American General Life Insurance Company with the Clerk

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of the Court, (see Dkt. No. 29 (showing an original deposit of $170,186.56)), shall hereby

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be released to Defendant Preston Masters.1

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DATED:

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August 7, 2014
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CORMAC J. CARNEY

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UNITED STATES DISTRICT JUDGE

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Judgment hereby being entered and the remaining interpleader funds being disbursed,
Defendant Preston Masters’s motion to reopen the case is DENIED AS MOOT. (Dkt. No. 47.)
Accordingly, the hearing set for August 11, 2014 at 1:30 p.m. is hereby vacated and off
calendar. See Fed R. Civ. P. 78; Local Rule 7-15.
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