Opinion

California Franchise Tax Board v. Federal Deposit Insurance Corporation

Court
District Court, S.D. New York
Filed
Jun 20, 2025
Cited by
0 cases
Authority
More cited than 36.9%

The opinion

ELECTRONICALLY FIL

DOC #:

UNITED STATES DISTRICT COURT DATE FILED:_ □□□□□□□

SOUTHERN DISTRICT OF NEW YORK

CALIFORNIA FRANCHISE TAX BOARD,

Plaintiff,

. 1:24-cv-683 (MKV)

-against-

FEDERAL DEPOSIT INSURANCE ORDER OF DISMISSAL

CORPORATION as receiver for Signature Bank,

Defendant.

MARY KAY VYSKOCIL, United States District Judge:

The Court is in receipt of a letter filed by the parties informing the Court that the parties

have reached an agreement in principle to resolve this litigation. [ECF No. 46]. Accordingly, IT

IS HEREBY ORDERED that the motion to dismiss pending at docket entry 31 is DENIED without

prejudice as moot. IT IS FURTHER ORDERED that the above-captioned action is discontinued

without costs to any party and without prejudice to restoring the action to this Court’s calendar if

the parties are unable to memorialize their settlement in writing and as long as the application to

restore the action is made by August 4, 2025. If no such application is made by that date, today’s

dismissal of the action is with prejudice. See Muze, Inc. v. Digital On Demand, Inc., 356 F.3d 492,

494 n.1 (2d Cir. 2004).

The Clerk of Court is respectfully requested to terminate the motions pending at docket

entries 31 and 46.

SO ORDERED. | i . |

Date: June 20, 2025 ha Ke Veen

New York, NY United Statés District Judge

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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