Cutter v. Classic Fire & Marine Insurance Co.

OPINION

CRONE, Judge.

Case Summary

This appeal arises out of insurance liquidation proceedings involving a disputed claim ("DC 83") submitted by Allvest, Inc., to Classic Fire & Marine Insurance Company ("CFM") for indemnification allegedly provided under an insurance policy. In its bankruptey proceeding, Allvest sold its rights to DC 83 to Brett von Gemmingen, *1069attorney for J.W., P.B., K.S., C.S., A.W., and C.L. ("the JW. Claimants"), who had obtained tort judgments against Allvest in an Alaska court. The trial court found that the J.W. Claimants were not entitled to payment from CFM's…