Koken v. Fidelity Mutual Life Insurance

OPINION BY

President Judge COLINS.

By Order dated August 29, 2006 and amended September 19, 2006, this Court granted preliminary approval of the Fourth Amended Plan for the Rehabilitation of the Fidelity Mutual Life Insurance Company (the “Plan” or the “Fourth Amended Plan”). In the August 29, 2006 Order, we approved the Plan’s provisions for allocating distributable equity, subject to the filing and subsequent approval of an Allocation Report.

[TJhis Court finds the Plan’s provisions for the allocation of distributable equity to mutual members in exchange for the mandatory relinquishment of…