Dwyer v. Maryland Insurance Group (In Re Mechem Financial, Inc.)

OPINION

WARREN W. BENTZ, Chief Judge.

Introduction

On March 23, 1990, Mechem Financial, Inc. (“Mechem”) filed a voluntary Petition under Chapter 11 of the Bankruptcy Code. On that same day, Robert G. Dwyer, Esq. was appointed as Chapter 11 Trustee. The case was subsequently converted to Chapter 7 and Robert G. Dwyer, Esq. (“Trustee”) presently serves as the Chapter 7 Trustee.

Northern Insurance Company of New York (“Northern Insurance”) is a subsidiary of the Maryland Insurance Group. Northern Insurance issued an insurance policy to Me-chem for the period from December 14, 1987 through December…