Judge Won't Delay IndyMac Exec's Deposition On Bad Loans

Law360, Los Angeles (April 6, 2012, 8:45 PM EDT) -- A California federal judge on Friday refused to delay the deposition of the former president and CEO of IndyMac Bancorp Inc.'s homebuilder division, one of several executives being accused by the Federal Deposit Insurance Corp. of contributing to IndyMac's downfall by negligently approving dozens of bad commercial loans.

U.S. Magistrate Judge Carla Woehrle denied Scott Van Dellen's request for a protective order that would have deferred his deposition until after OneWest Bank FSB, which now operated IndyMac, produced documents related to the performance of loans he...
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