In re First Columbia Life Insurance
Louisiana Court of Appeal
1Opinion of the Court
_|GONZALES, J.
Three guaranty associations appeal from a trial court judgment, dissolving an insolvent insurance company. As holders of priority claims against the insurer’s estate, the associations contend the trial court erred in approving the Liquidator’s final plan for distribution of the insurer’s assets, wherein the associations were designated to receive only a proportionate amount of their claims.
FACTS AND PROCEDURAL HISTORY
On October 20, 1964, First Columbia Life Insurance Company (First Columbia) was incorporated in the State of Louisiana as a life, accident, and health insurance…
2Cases cited14 opinions
- Green v. Champion Ins. Co.Louisiana Court of Appeal · 1991
- Sliman v. McBeeSupreme Court of Louisiana · 1975
- In Re Jkj Chevrolet, Incorporated, Debtor. Ford Motor Credit Company v. Reynolds & Reynolds Company, and Reyna Financial CorporationCourt of Appeals for the Fourth Circuit · 1994
- In The Matter Of Evangeline Refining CompanyCourt of Appeals for the Fifth Circuit · 1989
- In Re Bank of New England Corp.District Court, D. Massachusetts · 1992
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