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EDEN FINANCIAL GROUP v. FIDELITY BANKERS LIFE INS.

No. 91-487.

778 F.Supp. 278 (1991)

EDEN FINANCIAL GROUP, INC., et al., Plaintiffs, v. FIDELITY BANKERS LIFE INS. CO., et al., Defendants.

United States District Court, E.D. Virginia, Richmond Division.

November 19, 1991.

Attorney(s) appearing for the Case

David F. Peters, John Charles Thomas, Harry M. Johnson, III, Claudia T. Farr, Hunton & Williams, Richmond, Va., for plaintiffs.

Howard W. Dobbins, William H. Schwarzschild, III, Sarah Hopkins Finley, Williams, Mullen, Christian & Dobbins, and Byron L. Woolley, Harold B. Gold, Randolph N. Wisener, Rubinstein & Perry, Richmond, Va., for defendants.

MEMORANDUM OPINION

RICHARD L. WILLIAMS, District Judge.

This matter is before the Court on the defendants' motion to dismiss, abstain, or stay. For the reasons discussed below, the defendants' motion is GRANTED and the case is hereby DISMISSED WITHOUT PREJUDICE.

FACTUAL BACKGROUND

Fidelity Bankers Life Insurance Co. (FBL) is a Virginia insurance company which was placed in receivership for rehabilitation and conservation on May 13, 1991...

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