Morgan Stanley Mortgage Capital Inc. v. Insurance Commissioner Of California

18 F.3d 790 Bankr. L. Rep. P 75,755 MORGAN STANLEY MORTGAGE CAPITAL INC., Plaintiff-Counterdefendant-Appellant, v. INSURANCE COMMISSIONER OF the STATE OF CALIFORNIA, Intervenor-Appellee, and Signature Group, a California Limited Partnership, Defendant-Counterclaimant-Appellee. No. 92-55261. United States Court of Appeals, Ninth Circuit. Argued and Submitted Aug. 6, 1993. Decided March 10, 1994. Alexander F. Wiles, Evan A. Jenness, Christopher S. Harman, Irell & Manella, Los Angeles, California, for the plaintiff-counterdefendant-appellant. Karl L. Rubinstein, Charles S. Bronitsky, Kathleen M. McCain, Rubinstein & Perry, Los Angeles, California, for the intervenor-appellee. Robert E. McCutcheon, Hastie & Kirschner, Oklahoma City, Oklahoma, for the defendant-counterclaimant-appellee. Appeal from the United States District Court for the Central District of California. Before: William A. Norris, Charles Wiggins and Diarmuid F. O'Scannlain, Circuit Judges. WILLIAM A. NORRIS, Circuit Judge: 1 Morgan Stanley Mortgage Capital Inc. appeals the dismissal of its diversity action to establish ownership and possession of certain negotiable mortgage notes ("Notes") issued by two…