American National Insurance Company v. Estate of Teresa P. Hughes

Filing 22

ORDER GRANTING 3 MOTIONBY PLAINTIFF AMERICANNATIONAL INSURANCECOMPANY TO DEPOSIT ANNUITYBENEFIT MONEY ININTERPLEADER; REQUEST THECOURT DEPOSIT FUNDS ININTEREST-BEARING ACCOUNT.(whalc2, COURT STAFF) (Filed on 10/29/2015)

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ADRIENNE C. PUBLICOVER (State Bar No. 161432)
[e-mail]
FRANCIS TORRENCE (State Bar No. 154653)
[e-mail]
WILSON, ELSER, MOSKOWITZ,
EDELMAN& DICKER LLP
525 Market Street, 17th Floor
San Francisco, CA 94105
Telephone:
[phone]
Facsimile:
[phone]
Attorneys for Plaintiff
AMERICAN NATIONAL INSURANCE COMPANY

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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OAKLAND DIVISION

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AMERICAN NATIONAL INSURANCE
COMPANY,

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Plaintiff,
v.

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ESTATE OF TERESA P. HUGHES a/k/a
TERESA P. HUGHES-STAGGERS,
FRANK STAGGERS, and DOES 1
through 10, inclusive,

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Defendants.

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Case No.

[PROPOSED] ORDER ON MOTION
BY PLAINTIFF AMERICAN
NATIONAL INSURANCE
COMPANY TO DEPOSIT ANNUITY
BENEFITY MONEY IN
INTERPLEADER; REQUEST THE
COURT DEPOSIT FUNDS IN
INTEREST-BEARING ACCOUNT

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On July 30, 2015, plaintiff American National Insurance Company

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(“ANICO”) filed a Complaint in Interpleader. On July 30, 2015, ANICO also filed

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a Motion to deposit annuity benefit money in interpleader.

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deposited with this Court is $107,989.55, plus accrued interest to the date of the

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deposit.

The sum to be

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This sum represents the annuity benefit, plus interest as required by law,

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payable under the annuity known as WelathQuest5 citadel Single Premium

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Annuity, with policy number 14863570 (“the Policy”).

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[PROPOSED] ORDER ON MOTION BY PLAINTIFF AMERICAN GENERAL LIFE INSURANCE COMPANY
TO DEPOSIT LIFE INSURANCE MONEY IN INTERPLEADER: REQUEST THE COURT DEPOSIT FUNDS
IN INTEREST-BEARING ACCOUNT
USDC NDCA Case #
1360277-v1

1360277v.1

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As alleged in the Complaint, Defendant Frank Staggers and his wife, Teresa

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Hughes were listed as the Joint Owners of the Annuity. The application identifies

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the Primary Beneficary of the Annuity as the “Estate of Frank Staggers and Teresa

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Hughes 100%.” ANICO is informed and believes that the defendants are asserting

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competing claims regarding the annuity benefits.

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Upon receipt of the sum, $107,989.55, plus accrued interest to the date of the

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deposit, the Clerk of this Court is requested to deposit the sum into an interest-

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bearing account until such time as the Court makes its order directing disbursement

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and distribution of these funds.

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Good cause appearing, the Court hereby ORDERS as follows:

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(1)

ANICO is authorized to deposit the sum of $107,989.55, plus accrued

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interest to the date of the deposit, with the United States District Court, Norhtern

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District, no later than thirty days from the date of this order.

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(2)

The Clerk of this Court shall deposit the sum of $107,989.55, plus

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accrued interest to the date of the deposit, into an interest-bearing account until

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such time as the Court makes its order directing disbursement and distribution of

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these funds.

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Dated: October 29, 2015.

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________________________________________
UNITED STATES DISTRICT JUDGE

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[PROPOSED] ORDER ON MOTION BY PLAINTIFF AMERICAN GENERAL LIFE INSURANCE COMPANY
TO DEPOSIT LIFE INSURANCE MONEY IN INTERPLEADER: REQUEST THE COURT DEPOSIT FUNDS
IN INTEREST-BEARING ACCOUNT
USDC NDCA Case #
1360277-v1

1360277v.1