Federal Deposit Insurance Corporation as Receiver for Citizens Bank of Effingham v. Bancinsure, Inc.

Filing 14

ORDER granting 13 Motion to Stay. Signed by Magistrate Judge G. R. Smith on 9/24/2014. (loh)

IN THE UNITED STATES DISTRICT COURT
FOR THE SOUTHERN DISTRICT OF GEORGIA
FEDERAL DEPOSIT INSURANCE
CORPORATION, as Receiver for
CITIZENS BANK OF EFF1NGHAM
Plaintiff,
Case No.: 4:14-cv-00149-WTM-GRS

V.

BANCINSURE, INC. nlk/a RED ROCK,
INSURANCE COMPANY
Defendant.

ORDER GRANTING UNOPPOSED MOTION FOR STAY
Having read and considered the Unopposed Motion for 120 Day Stay of Litigation
submitted by Defendant, Banclnsure, Inc. n/kla Red Rock Insurance Company ("Defendant")
acting by and through its appointed receiver, John D. Doak, Insurance Commissioner of the State
of Oklahoma (the "Commissioner"), and no response or opposition thereto having been filed,
and seeing no reason why said Motion should not be granted, it is hereby ORDERED,

ADJUDGED, and DECREED that:
1.

The above-captioned matter is hereby stayed for a period of One Hundred Twenty
(120) days from the date of this Order.

2.

All pending deadlines in this matter are reset to a date that is One Hundred
Twenty (120) days from the date on which each such deadline is presently set to
expire.

3.

The parties have reserved all rights to assert additional bases for a stay of this
matter, and all rights to oppose any such request.

SO ORDERED, thisWj dayof3-

/i41

-1--L , 2014.

The Honorable George R. Smith
Magistrate Jddge, United States District Court
Southern District of Georgia
Prepared by
Douglas B. Herman
Georgia Bar No. 076219
Larry Evans
Georgia Bar No. 419077
Attorneys for Defendant Banclnsure, Inc.,
n.k.a. Red Rock Insurance Company,
by and through its appointed receiver, the
Insurance Commissioner of the State of Oklahoma
Oliver Maner LLP
P.O. Box 10186
Savannah, GA 31412
[phone]
[e-mail]
[e-mail]

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