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FEDERAL DEPOSIT INSURANCE CORPORATION v. MINGO TRIBAL PRESERVATION TRUST, 5:13-CV-113-RLV-DCK. (2016)

Court: District Court, W.D. North Carolina Number: infdco20160129d85 Visitors: 10
Filed: Jan. 27, 2016
Latest Update: Jan. 27, 2016
Summary: ORDER DAVID C. KEESLER , Magistrate Judge . THIS MATTER IS BEFORE THE COURT on the "Motion To Substitute Party" (Document No. 50) filed by Gulf Coast Bank & Trust Company ("Gulf Coast") on January 27, 2016. This motion has been referred to the undersigned Magistrate Judge pursuant to 28 U.S.C. 636(b), and immediate review is appropriate. By the instant motion, Gulf Coast asserts that it is now the holder of the subject loan documents and the real party in interest in this action and sh
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ORDER

THIS MATTER IS BEFORE THE COURT on the "Motion To Substitute Party" (Document No. 50) filed by Gulf Coast Bank & Trust Company ("Gulf Coast") on January 27, 2016. This motion has been referred to the undersigned Magistrate Judge pursuant to 28 U.S.C. § 636(b), and immediate review is appropriate.

By the instant motion, Gulf Coast asserts that it is now the holder of the subject loan documents and the real party in interest in this action and should be substituted for Plaintiff FDIC-R. (Document No. 50). Having carefully considered the motion and the record, and noting consent of the parties, the undersigned will grant the motion.

IT IS, THEREFORE, ORDERED that the "Motion To Substitute Party" (Document No. 50) is GRANTED. The Clerk of Court shall substitute Gulf Coast Bank & Trust Company for Federal Deposit Insurance Corporation, as Plaintiff in this matter.

SO ORDERED.

Source:  Leagle

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