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Insurance | New Jersey
Order on Motion to Stay
ORDER granting Pereen's 28 Motion to Stay; this matter is stayed pending resolution of the state court probate proceeding styled In re Estate of Dr. James G. Gorman, Jr., No. 25-1438 (Gloucester Cnty., N.J. Super. Ct. Ch. Div., Prob. Pt., compl. filed Aug. 28, 2025); notwithstanding the stay in this matter, within fourteen (14) days of this Order, Pereen shall file an answer to Banner Life's Complaint for the purpose of asserting any counterclaims or crossclaims she possesses and wishes to allege. Signed by Chief Judge Renee Marie Bumb on 9/30/2026. (sms2)
Order on Motion to Deposit Funds
ORDER granting 8 Motion to Deposit Funds; within forty-five (45) days of this order, Banner Life shall deposit its $2,500,000 admitted contractual liability with the Clerk of Court for deposit into the Court's registry; the Clerk shall deposit said sum into the Court Registry Investment System ("CRIS") interest bearing Disputed Ownership Fund ("DOF") as soon as is practicable, to be administered by the Administrative Office of the United States Courts as Custodian (Finance notified). Signed by Chief Judge Renee Marie Bumb on 9/30/2026. (sms2)
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