SVB Financial Group v. Federal Deposit Insurance Corporation
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 6 SVB FINANCIAL GROUP, Case No. 23-cv-06543-BLF
Plaintiff,
ORDER DENYING MOTION TO STAY
v. DISCOVERY
FEDERAL DEPOSIT INSURANCE [Re: ECF No. 46]
CORPORATION,
11 Defendant. 12 Defendant Federal Deposit Insurance Corporation, in its corporate capacity (“FDIC-C”), moves the court for a stay of discovery pending the resolution of its partial motion to dismiss. ECF No. 46 (“Mot.”). Plaintiff Silicon Valley Bank Financial Group (“SVBFG”) opposes the motion. ECF No. 50 (“Opp.”). FDIC-C filed a reply in support of its motion. ECF No. 53 (“Reply”). The Court previously found the motion suitable for disposition without oral argument. See ECF No. 49; Civ. L.R. 7-1(b). For the reasons below, the Court DENIES the FDIC-C’s motion. I. LEGAL STANDARD “The Federal Rules of Civil Procedure do not provide for automatic or blanket stays of discovery when a potentially dispositive motion is…