Legal Opinion

Koken v. Legion Insurance Co.

Commonwealth Court of Pennsylvania

Decided January 25, 2005PublishedCited by 1 opinion

1Opinion of the Court

OPINION AND ORDER

LEAYITT, J.

Re: Emergency Application for Relief from Stay — Bank of America, N.A.

Bank of America, N.A., as successor to NationsBank, N.A., (Bank) has applied for relief from the stay of litigation against Legion Insurance Company (In Liquidation) (Legion). This particular stay 1 went into effect on July 25, 2003, when this Court terminated the rehabilita^ tion of Legion and ordered the insurer to be liquidated. Article V of The Insurance Department Act of 1921, Act of May 17, 1921, P.L. 789, as amended, 40 P.S. §§ 211-221.63, (Article V) provides for the liquidation of…

2Cases cited5 opinions

G. C. Murphy Co. v. Reserve InsuranceNew York Court of Appeals · 1981
Commonwealth ex rel. Sheppard v. Central Penn National BankCommonwealth Court of Pennsylvania · 1977
Schenck v. Coordinated Coverage Corp.Appellate Division of the Supreme Court of the State of New York · 1975
Rockwood Insurance v. Motor Coils Manufacturing Co.Commonwealth Court of Pennsylvania · 1994
Super. of Ins. v. Intern. Equip. Leasing, Inc.New Jersey Superior Court Appellate Division · 1991

3Cited by1 opinion

Koken v. Legion InsuranceCommonwealth Court of Pennsylvania · 2006