Filed: May 17, 2016
Latest Update: May 17, 2016
Summary: [PROPOSED] JUDGMENT ANDR BIROTTE JR. District Judge . The Court has jurisdiction over this action pursuant to 28 U.S.C. 1332(a)(1) because (i) there is complete diversity of citizenship (ii) and the amount in controversy exceeds $75,000. Hooson Hwang Yang and Jun Ho Yang (collectively, the "Yangs") own the real property located at 18460 Coastline Avenue, Malibu, California 90265 (the "Property"). On or about November 9, 2011, Travelers Commercial Insurance Company ("Travelers") issue
Summary: [PROPOSED] JUDGMENT ANDR BIROTTE JR. District Judge . The Court has jurisdiction over this action pursuant to 28 U.S.C. 1332(a)(1) because (i) there is complete diversity of citizenship (ii) and the amount in controversy exceeds $75,000. Hooson Hwang Yang and Jun Ho Yang (collectively, the "Yangs") own the real property located at 18460 Coastline Avenue, Malibu, California 90265 (the "Property"). On or about November 9, 2011, Travelers Commercial Insurance Company ("Travelers") issued..
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[PROPOSED] JUDGMENT
ANDRé BIROTTE JR. District Judge.
The Court has jurisdiction over this action pursuant to 28 U.S.C. § 1332(a)(1) because (i) there is complete diversity of citizenship (ii) and the amount in controversy exceeds $75,000. Hooson Hwang Yang and Jun Ho Yang (collectively, the "Yangs") own the real property located at 18460 Coastline Avenue, Malibu, California 90265 (the "Property"). On or about November 9, 2011, Travelers Commercial Insurance Company ("Travelers") issued homeowners insurance policy no. 989659105 633 1, with a policy period of November 9, 2011—November 9, 2012, to the Yangs for the Property. Travelers also issued renewal policies for the policy periods November 9, 2012—November 9, 2013 and November 9, 2013— November 9, 2014. The initial policy and renewal policies for policy no. 989659105 633 1, issued to the Yangs for the Property, are collectively referred to as "the Policies." On or about October 22, 2015, Travelers filed this action against the Yangs alleging causes of action for, among other things, declaratory relief.
Pursuant to the Parties' Stipulated Order for Entry of Judgment, and good cause appearing therefore, it is hereby ORDERED, ADJUDGED and DECREED that:
a. The Policies are void ab initio.
b. Travelers has no duties of any kind to the Yangs with respect to the Policies.
c. Each party will bear its own costs.
d. The Pretrial and Jury Trial dates are vacated.