Wasatch Crest Insurance Co. v. LWP Claims Administrators Corp.
Utah Supreme Court
1Opinion of the Court
WILKINS, Associate Chief Justice:
T1 On direct appeal from the district court's grant of summary judgment, the Utah Insurance Commissioner, as court-appointed liquidator (the "Liquidator"), seeks to recover, on behalf of two liquidating insurance companies, payments made by the companies to a former affiliate. Utah Code section 31A-27-322 allows a liquidator to recover "from any affiliate that controlled [a liquidating] insurer the amount of distributions ... made at any time during the five years preceding the petition for liquidation." We agree with the district court that the affiliate in…
2Cases cited4 opinions
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