SVB Financial Trust v. Federal Deposit Insurance Corporation
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 6 SVB FINANCIAL TRUST, Case No. 23-cv-06543-BLF
Plaintiff,
ORDER GRANING DEFENDANT’S
v. ADMINISTRATIVE MOTION FOR
EXTENTION OF DEADLINE TO FILE
FEDERAL DEPOSIT INSURANCE ANSWER AND ANY AFFIRMATIVE
CORPORATION, DEFENSES
11 Defendant. [Re: ECF No. 171] 12 On February 27, 2025, the Court granted in part and denied in part Defendant Federal Deposit Insurance Corporation, in its corporate capacity’s (“FDIC-C”) motion to dismiss Plaintiff SVB Financial Trust’s (“Trust”) Amended Complaint. See ECF 162. FDIC-C’s deadline to file an Answer and any affirmative defenses is currently March 13, 2025. See Fed. R. Civ. P. 12(a)(4)(A). On March 7, 2025, the FDIC-C filed an administrative motion requesting the Court to extend the deadline by one week. See ECF 171. The FDIC-C argues that “good cause” exists to extend the deadline by one week so that the FDCI-C can “adequately investigate…