GLORIA M. NAVARRO, Chief District Judge.
The parties in the above litigation, by and through their respective attorneys, hereby respectfully submit this Joint Motion of the Parties to Set Aside this Court's Order of Dismissal on grounds that Plaintiff/Stakeholder The Lincoln National Life Insurance Company ("Lincoln") inadvertently filed the wrong Stipulation of Dismissal in the above matter.
In further support of this Joint motion, the parties state that this matter arises from the death of John C. Patterson (the "Insured" or "Decedent") on July 16, 2012, and the competing claims that have been asserted as to the proceeds of his life insurance policy. The Decedent was originally insured under a life insurance Policy Number 000974241 issued by the United Life and Accident Insurance Company, predecessor in interest to Lincoln, in October, 1985, with a face amount of $30,000.00 ("the Policy Proceeds"). Defendants/Claimants, Linda E. Patterson, J. Jeffry Dill, and Michael Glen Patterson ("Defendants/Claimants") have submitted competing claims to Lincoln for the Policy Proceeds. Lincoln is uncertain regarding the appropriate distribution of the Policy Proceeds and has entered into a Release and Settlement Agreement with the Defendants/Claimants for Lincoln to pay the Policy Proceeds, less Lincoln's attorney's fees, into an attorney IOLTA account on behalf of the Defendants/Claimants. The parties have agreed to release Lincoln from any and all claims related to the Policy Proceeds.
Pursuant to the Release and Settlement Agreement entered into by the parties, Lincoln filed a Stipulation of Dismissal with Prejudice on March 23, 2016. The Court then entered an Order that same day dismissing all pending claims and instructing the clerk to close the case. However, Lincoln filed the incorrect Stipulation and inadvertently dismissed the claims between and among all the parties, when the Stipulation was only supposed to release the Defendants/Claimant's claims against Lincoln. Therefore, the parties respectfully request an Order from the Court: 1) setting aside the order of dismissal entered by the Court on March 23, 2016; and 2) allowing the parties to re-file a corrected Stipulation of Dismissal with Prejudice dismissing only the Defendant's/Claimant's claims against Lincoln attached as Exhibit A.
Plaintiff/Stakeholder, THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (hereinafter "Lincoln"), and Defendants, LINDA E. PATTERSON, J. JEFFRY DILL, and MICHAEL GLEN PATTERSON ("Defendants") hereby agree and stipulate, pursuant to Rule 41(a)(1)(A)(ii) of the Federal Rules of Civil Procedure, that any and all claims of the Defendants against Lincoln be dismissed with prejudice, and with each party bearing their own costs, attorneys' fees and expenses.
Pursuant to FRCP 5(b), I certify that I am an employee of WILSON ELSER MOSKOWITZ EDELMAN & DICKER, LLP and that on this ____ day of ________________, 2016, I did cause a true copy of the forgoing document to be electronically transmitted to the Clerk of Court using the ECF System for filing.