Michigan National Bank-Oakland v. American Centennial Insurance
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Kupferman, J.
Union Indemnity Insurance Company of New York (Union Indemnity), a subsidiary of Frank B. Hall & Co., Inc. (Hall), was placed into liquidation by order of the Supreme Court, New York County (Ira Gammerman, J.), entered July 16, 1985, based in part upon the finding that it was insolvent, its debts exceeding its assets on March 25, 1985 by $138,501,581.
On September 20, 1985, plaintiff Michigan National Bank-Oakland (Michigan), the beneficiary of a $2 million surety bond issued to Ginso Investment Corp. by Union Indemnity, brought this action on the bond directly…
2Cases cited18 opinions
- Scott v. ArmstrongSupreme Court of the United States · 1892
- Scott v. DeweeseSupreme Court of the United States · 1901
- Eastern District Piece Dye Works, Inc. v. Travelers InsuranceNew York Court of Appeals · 1923
- Bohlinger v. ZangerNew York Court of Appeals · 1954
- Process Plants Corp. v. Beneficial National Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1976
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3Cited by20 opinions
- Michigan National Bank-Oakland v. American Centennial InsuranceNew York Court of Appeals · 1996
- EXECUTIVE RISK INDEMNITY, INC. v. Charleston Area Medical Center, Inc.District Court, S.D. West Virginia · 2009
- 19 Employee Benefits Cas. 2825, Pens. Plan Guide P 23923a Republic Insurance Company, (94-7808 & 94-7824), (94-7842) v. Masters, Mates & Pilots Pension Plan and Masters, Mates & Pilots Individual Retirement Account Plan, (94-7842), Robert J. Lowen, Aetna Casualty & Surety Company, and Federal Insurance Company, Intervenors-Defendants-Appellants (94-7808 & 94-7824), (94-7842)Court of Appeals for the Second Circuit · 1996
- Interested Underwriters at Lloyd's v. H.D.I. III AssociatesAppellate Division of the Supreme Court of the State of New York · 1995
- Allstate Insurance v. Administratia Asigurarilor De StatDistrict Court, S.D. New York · 1995
15 more not listed; retrieve them via the Exa API.