In re the Liquidation of League Union Welfare Trust Fund

Determination of this motion to confirm, and cross motion to vacate the report of the Referee, heretofore appointed in this proceeding for the liquidation of the League Union Welfare Trust Fund (hereafter “ Fund ”), is dependent upon the characterization of the assets of that Finid, which are now in the possession of the Superintendent of Insurance of the State of New York. Opposition to the confirmation is raised by the claimant, the Dairymen’s League Co-operative Association, *1024Inc., which group claims that it, as original grantor of the funds, is entitled to their return.

The Fund was created…