Opinion
Case No. 2:13-cv-1145
05-19-2014
JUDGE GREGORY L. FROST
Magistrate Judge Norah McCann King
OPINION & ORDER
This matter is before the Court for consideration of the May 16, 2014 Notice of Receivership and Suggestion of Stay. (ECF No. 50.) Pursuant to the Court's inherent authority to control the disposition of its cases, the Court GRANTS the motion and STAYS this case pending action by the Franklin County Court of Common Pleas in Case No. 14CV004415 ("Receivership Case"). Specifically, this case is hereby stayed through the duration of the stay and injunction of all activity against the court-appointed receiver or Residential Finance Corporation set forth in paragraph 9 of the Order Appointing Receiver in the Receivership Case ("Receivership Stay").
This Court therefore DIRECTS the Clerk to terminate the pending motion to dismiss (ECF No. 28) and motion for judgment on the pleadings (ECF No. 43) (collectively, "Motions") and ADMINISTRATIVELY CLOSES this case. This case and the Motions will be reactivated with the lifting of the stay. The parties must notify this Court within fourteen days of the date on which the Receivership Stay is lifted or the Receivership Case has concluded.
IT IS SO ORDERED.
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GREGORY L. FROST
UNITED STATES DISTRICT JUDGE
See, e.g., MVB Mortg. Corp. v. Fed. Deposit Ins. Corp., No. 2:08-cv-771, 2010 WL 2465228, at *1 (S.D. Ohio June 11, 2010) (citing Landis v. N. Am. Co., 299 U.S. 248, 254-55 (1936)).