Justice Seeks Input On Closing Liquidation Estate With Nearly $4M In Liabilities
(October 21, 2015, 10:28 AM EDT) -- NEW YORK — A New York justice on Oct. 16 issued an order to show cause, asking why an order should not be made terminating the liquidation of an insurer that has no assets and nearly $4 million in liabilities (In the Matter of the Liquidation of Washington Title Insurance Company, No. 401396/12, N.Y. Super., New York Co.).
(Order to show cause available. Document #10-151023-017R.)
The Nassau County, N.Y., Supreme Court ordered Washington Title Insurance Co. (WTIC) into liquidation on Nov. 18, 2011, and appointed the...