Liberty Bankers Life Insurance Company v. Colorado Capital Bank et al

Filing 51

ORDER to Administratively Close Case Pending Resolution of State Court Matter re: 50 Joint Motion to Stay Proceedings. All deadlines and hearings are vacated. By Judge Christine M. Arguello on 11/27/12.(dkals, )

IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLORADO
Judge Christine M. Arguello
Civil Action No. 12-cv-00161-CMA-CBS
LIBERTY BANKERS LIFE INSURANCE COMPANY,
Plaintiff,
v.
COLORADO CAPITAL BANK,
FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for
Colorado Capital Bank, and
FIRST CITIZENS BANK AND TRUST COMPANY,
Defendants.

ORDER TO ADMINISTRATIVELY CLOSE CASE PENDING
RESOLUTION OF STATE COURT MATTER

This matter is before the Court on the Parties’ Joint Motion to Stay Proceedings
(Doc. # 50). The Court having reviewed the Joint Motion, the record in this matter, and
being otherwise familiar with the premises, FINDS that rather than leaving this case
open indefinitely, it should be administratively closed pursuant to D.C.COLO.LCivR
41.2, with leave to be reopened for good cause shown, or until such time as the state
court litigation between the Parties has been resolved. Accordingly, the Joint Motion
is GRANTED, and the Court further ORDERS as follows:
1.

The Clerk of the Court shall administratively close this action pursuant

to D.C.COLO.LCivR 41.2;
2.

All existing case deadlines and hearings shall be VACATED; and

3.

The Parties shall notify this Court of the final resolution of the state court

proceedings between them in Wexford Borrower, LLC, et al. v. First-Citizens Bank &
Trust Company, et al., Eagle County District Court, Case No. 11CV227, no later than
fourteen days after that case is concluded between the Parties by final judgment,
dismissal, settlement, or otherwise.
DATED: November

27 , 2012
BY THE COURT:

_______________________________
CHRISTINE M. ARGUELLO
United States District Judge

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