Opinion
Case No. CV 11-02950-RGK CV 11-02998-RGK
09-07-2011
In re: INDYMAC BANCORP, INC.
CIVIL MINUTES - GENERAL
Present: The Honorable R. GARY KLAUSNER, UNITED STATES DISTRICT JUDGE
Sharon L. Williams Deputy Clerk
Not Reported Court Reporter / Recorder
N/A Tape No.
Attorneys Present for Plaintiffs: Not Present
Attorneys Present for Defendants: Not Present
Proceedings: (IN CHAMBERS) Order Re: Dismissal of Remaining Defendants
In its order dated August 25, 2011 in 2:11-cv-02950-RGK and August 24, 2011 in 2:11-cv-02998-RGK this Court granted Defendant Insurers' Motions to Dismiss for lack of standing. The Court's decision to grant Defendants' Motions to Dismiss was based on the fact that Plaintiff IndyMac Bank's claims were not yet ripe and that it had no standing to bring its request for declaratory relief.
As part of that order, the Court issued Plaintiff an order to show cause as to why each case should not be dismissed as to the remaining defendants. Plaintiff filed a timely written response with the Court. The Court has read and considered Plaintiff's arguments and hereby DISMISSES the cases with regards to the remaining defendants. Plaintiff may request relief from the Court if and when its claim becomes ripe.
IT IS SO ORDERED.