In Re Ambassador Ins. Co., Inc.

In the first appeal generated in the course of this litigation, this Court upheld the Washington Superior Court’s order that Ambassador Insurance Co., Inc., be liquidated on the ground of insolvency. See In re Ambassador Insurance Co., 147 Vt. 344, 515 A.2d 1074 (1986). Appellants, Ambassador and Group, now raise claims of error based on two subsequent orders of the trial court. First, they urge that the court erred by refusing to allow preferential payment of their attorneys and consultants, who were retained to contest the liquidation proceedings, from Ambassador’s estate. Second, they…