Legal Opinion
Alliance of American Insurers v. Chu
New York Court of Appeals
Decided April 2, 1991PublishedCited by 60 opinions
1Opinion of the Court
*577OPINION OF THE COURT
Chief Judge Wachtler.
The integrity of the State government, upon which the public is entitled to rely, requires, at the very least, that the State keep its lawfully enacted promises. When our Legislature grants to contributors property rights in the income of a fund and pledges the "full faith and credit of the State of New York” for the safekeeping of that fund it cannot simply ignore the pledge and abrogate those vested rights.
The plaintiffs in this action are a number of insurance companies engaged in writing property and casualty insurance in this State, trade…
2Cases cited13 opinions
- Board of Regents of State Colleges v. RothSupreme Court of the United States · 1972
- Cleveland Board of Education v. LoudermillSupreme Court of the United States · 1985
- Nebbia v. New YorkSupreme Court of the United States · 1934
- Lochner v. New YorkSupreme Court of the United States · 1905
- Hodes v. AxelrodNew York Court of Appeals · 1987
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3Cited by60 opinions
- Spencer Tunick v. Howard Safir, in His Official Capacity as the Police Commissioner of the City of New York, and the City of New YorkCourt of Appeals for the Second Circuit · 2000
- Raynor v. Landmark ChryslerNew York Court of Appeals · 2011
- Walton v. New York State Department of Correctional ServicesNew York Court of Appeals · 2009
- LaValle v. HaydenNew York Court of Appeals · 2002
- Hospital & Healthsystem Ass'n v. CommonwealthSupreme Court of Pennsylvania · 2013
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