Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-5_05-cv-02418/USCOURTS-cand-5_05-cv-02418-1/pdf.json

Nature of Suit Code: 110
Nature of Suit: Insurance
Cause of Action: 28:1331 Fed. Question

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STIPULATED JUDGMENT IN INTERPLEADER

CASE NO.: C-05-2418 (HRL)

172748.1

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ADRIENNE C. PUBLICOVER (SBN: 161432)

BETH A. FRUECHTENICHT (SBN: 208847)

WILSON, ELSER, MOSKOWITZ,

EDELMAN & DICKER LLP

650 California Street, 14th Floor

San Francisco, California 94108-2718

Telephone: (415) 433-0990

Facsimile: (415) 434-1370

Attorneys for Plaintiff,

AMERICAN GENERAL LIFE

INSURANCE COMPANY

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

AMERICAN GENERAL LIFE

INSURANCE COMPANY

Plaintiff,

v.

ROBERT RUEY-CHIH TANG, an individual,

and PHAN B. TRAN, an individual, and DOES

1 – 50, inclusive.

Defendants.

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Case No.: C-05-02418 (HRL)

STIPULATED JUDGMENT IN

INTERPLEADER

Upon reading the Stipulation and Order for Entry of Judgment in Interpleader and it

appearing that plaintiff AMERICAN GENERAL LIFE AND ACCIDENT INSURANCE

COMPANY (hereinafter referred to as “American General”) has brought this complaint in

interpleader, that this Court has jurisdiction of the parties and of the subject herein, and that good

cause appearing therefore,

IT IS HEREBY ORDERED, ADJUDGED AND DECREED:

1. That American General properly filed its complaint interpleader and that this is a proper

cause for interpleader;

2. That, by reason of the death of Vanessa Ly Tran on or about November 17, 2004 the

*E-FILED ON 11/29/05*

Case 5:05-cv-02418-HRL Document 16 Filed 11/29/05 Page 1 of 3
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STIPULATED JUDGMENT IN INTERPLEADER

CASE NO.: C-05-2418 (HRL)

172748.1

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sum of One Hundred Five Thousand Nine Hundred Ten Dollars and Fifty Cents ($105,910.50)

(“Benefit Proceeds”) became payable pursuant to flexible variable life insurance contract, No.

VM0002344V, with an effective date of December 27, 2002, on the life of Vanessa Ly Tran

(“Policy”);

3. That defendants Robert Ruey-Chih Tang and Phan B. Tran each claim entitlement to

some or all of the Benefit Proceeds and that, to date, no other person or entity currently makes

claim to American General for the Benefit Proceeds;

4. That American General was ready, willing, and able to deliver the benefits to the

person(s) legally entitled thereto. However, by reason of actual and potential conflicting claims to

the Benefit Proceeds, American General did not know and was unable to determine the person(s)

legally entitled to them;

5. That American General properly filed its complaint in interpleader on or about June

15, 2005, and that this is a proper cause for interpleader;

6. That concurrently with the filing of its complaint in interpleader, American General

deposited with the clerk of this Court the Benefit Proceeds, totaling One Hundred Five Thousand

Nine Hundred Ten Dollars and Fifty Cents ($105,910.50), which represents the insurance proceeds

payable under the Policy, plus accrued interest;

7. That, having deposited the monies with the Clerk of the Court on or about June 15,

2005, American General, its successors, affiliates, parent corporation, officers and agents are fully

and forever released, discharged, and acquitted from any liability of any kind or nature whatsoever

under the Policy or by reason of the death of the insured decedent as to any and all claims, charges,

demands, or otherwise that exist or may arise at any time in the future;

8. That defendants Robert Ruey-Chih Tang and Phan B. Tran are permanently enjoined

from instituting or prosecuting any proceeding in any state or United States court against American

Case 5:05-cv-02418-HRL Document 16 Filed 11/29/05 Page 2 of 3
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STIPULATED JUDGMENT IN INTERPLEADER

CASE NO.: C-05-2418 (HRL)

172748.1

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General, its successors, affiliates, parent corporation, officers and agents with respect to the Benefit

Proceeds due under the Policy;

9. That defendants Robert Ruey-Chih Tang and Phan B. Tran acknowledge and agree

that American General has not made any representations regarding the legal or tax consequences of

any payments to be made pursuant to this Stipulation; and

10. That American General is dismissed from this action without cost to any party and

all parties are to bear their own costs and fees.

Dated: ______________________________

The Honorable Howard R. Lloyd

Magistrate Judge of the U.S. District Court

November 29, 2005 /s/ Howard R. Lloyd

Case 5:05-cv-02418-HRL Document 16 Filed 11/29/05 Page 3 of 3