Judge Gives Liquidator 28 Days To Justify Disallowance Of $23 Million Claim

(March 22, 2016, 7:22 AM EDT) -- CHICAGO — An Illinois judge on March 11 granted a liquidator permission to present a brief in support of the recommendation to disallow a $23 million claim brought by a school board against an insolvent insurer’s liquidation estate regarding certain construction project performance bonds (People of the State of Illinois, ex rel. Andrew Boron, Director of Insurance of the state of Illinois v. Lumbermens Mutual Casualty Co., No. 12-24227, Ill. Cir., Cook Co.).

(Agreed order available. Document #10-160325-032R.)

Cook County Circuit Court Judge Kathleen M. Pantle...
To view the full article, register now.