In Re the Liquidation of Integrity Insurance
Supreme Court of New Jersey
1Opinion of the Court
The opinion of the Court was delivered by
GARIBALDI, J.
Integrity Insurance Company (Integrity or surety), a New Jersey insurance company, became insolvent and filed for liquidation. The Commissioner of Insurance (Commissioner) was appointed the Liquidator. Integrity'had previously issued surety bonds to Credit Lyonnais, guaranteeing the payment of the promissory notes of investors in certain partnerships. The promissory notes, which called for installment payments, were assigned to Credit Lyonnais as collateral for substantial loans that it made to the partnerships. Before Integrity was…
2Cases cited16 opinions
- Donovan v. BachstadtSupreme Court of New Jersey · 1982
- People v. Security Life Insurance & Annuity Co.New York Court of Appeals · 1879
- Carr v. HamiltonSupreme Court of the United States · 1889
- Caminetti v. Pacific Mutual Life InsuranceCalifornia Supreme Court · 1943
- Shloss v. Metropolitan Surety Co.Supreme Court of Iowa · 1910
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- County of Hudson v. JaniszewskiDistrict Court, D. New Jersey · 2007
- United States Ex Rel. Don Siegel Construction Co. v. Atul Construction Co.District Court, D. New Jersey · 2000
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