Legal Opinion

In Re Gte Reinsurance Company Limited

Superior Court of Rhode Island

Decided April 25, 2011No. C.A. No. PB 10-3777Published

1Opinion of the Court

DECISION

Before this Court is GTE Reinsurance Company Limited's (GTE RE) motion for an order confirming the vote at the November 30, 2010 Meeting of Creditors and implementing its proposed commutation plan, as well as Clearwater Insurance Company (f/k/a Odyssey Reinsurance Corporation and Skandia America Reinsurance Corporation) (Clearwater) and Hudson Insurance Company's (Hudson) (collectively, Odyssey Insureds) objections thereto. The Odyssey Insureds, as creditors of GTE RE, challenge the constitutionality of the Voluntary Restructuring of Solvent Insurers Act, G.L. 1956 § 27-14.5-1, et…

2Cases cited54 opinions

  1. Cleveland Board of Education v. LoudermillSupreme Court of the United States · 1985
  2. Landgraf v. USI Film ProductsSupreme Court of the United States · 1994
  3. Phillips Petroleum Co. v. ShuttsSupreme Court of the United States · 1985
  4. Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
  5. Usery v. Turner Elkhorn Mining Co.Supreme Court of the United States · 1976

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