Legal Opinion
Allstate Insurance v. Superintendent of Insurance
Appellate Division of the Supreme Court of the State of New York
Decided March 15, 2011PublishedCited by 2 opinions
1Opinion of the Court
*519The findings of the referee are supported by the record (see Nager v Panadis, 238 AD2d 135, 135-136 [1997]).
Claimant/objector has no “vested right” to share in the dividend distribution from this liquidation (see Matter of Hodes v Axelrod, 70 NY2d 364, 369-370 [1987]). The 1992 order authorizing respondent to distribute assets in this proceeding was an initial order beginning the distribution process and was not a final order within the meaning of Insurance Law § 7434 (e) (see Burke v Crosson, 85 NY2d 10, 15-16 [1995]). Notably, when the order was issued, there were more than 500 outstanding…
2Cases cited5 opinions
- Burke v. CrossonNew York Court of Appeals · 1995
- Hodes v. AxelrodNew York Court of Appeals · 1987
- Alliance of American Insurers v. ChuNew York Court of Appeals · 1991
- Matter of Jose R.New York Court of Appeals · 1994
- Nager v. PanadisAppellate Division of the Supreme Court of the State of New York · 1997
3Cited by2 opinions
- J. Remora Maintenance LLC v. EfromovichAppellate Division of the Supreme Court of the State of New York · 2013
- J. Remora Maintenance LLC v. EfromovichAppellate Division of the Supreme Court of the State of New York · 2013