Levin v. National Colonial Insurance

Order, Supreme Court, New York County (Sheila Abdus-Salaam, J.), entered July 12, 2001, which, to the extent appealed from as limited by the briefs, directed the conservator to distribute trust fund assets to the New York trustee, unanimously reversed, on the law, without costs, to direct distribution of trust fund assets to the Liquidator of National Colonial Insurance Company, and the matter remanded for further proceedings.

In December 2000, the Superintendent of Insurance of the State of New York commenced this proceeding as stakeholder to the competing claims of National Colonial…