Federal Deposit Insurance Corporation v. North Carolina Department of Transportation

Filing 9

ORDER granting 8 Motion to Stay. All proceedings in this action shall be STAYED through and until the earlier of January 27, 2017 or the date on which FDIC-R determines the administrative claim filed by Liberty Mutual InsuranceCompany. FDIC-R shal l promptly notify the Court of the conclusion of the administrative claims process and request the lifting of the stay. The clerk is DIRECTED to remove this case from the Court's active docket during the pendency of the stay. Signed by US District Judge Terrence W. Boyle on 9/15/2017. (Briggeman, N.)

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IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF NORTH CAROLINA
WESTERN DIVISION
CASE NO. 5:17-cv-270-BO
FEDERAL DEPOSIT INSURANCE
CORPORATION, as Receiver for FIRST
NBC BANK,

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Plaintiff,

v.
NORTH CAROLINA DEPARTMENT OF
TRANSPORTATION,
Defendant.

ORDER

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Upon consideration of the Joint Motion for Consent Order for Stay Pending Resoluti6n of
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Related Mandatory Administrative Claims Process filed by the Federal Deposit Insurance

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Corporation, as Receiver for First NBC Bank ("FDIC-R"), and the North Carolina Departm9nt ?f
Transportation ("NCDOT"), and the entire record herein, the Court hereby ORDERS that

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proceedings in this action shall be STAYED through and until the earlier of January 27, 201
the date on which FDIC-R determines the administrative claim filed by Liberty Mutual

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'Or

Ins~anl

Company. FDIC-R shall promptly notify the Court of the conclusion of the administrative

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claims process and request the lifting of the stay. The clerk is DIRECTED to remove this c~se
from the Court's active docket during the pendency of the stay.

SO ORDERED. This ~y of September 2017.

TERRENCE W. BOYLE
UNITED STATES DISTRICT

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