Justice Wants Input About Ancillary Receiver’s $300,000 Assumption Agreement

(June 14, 2016, 1:31 PM EDT) -- NEW YORK — A New York justice on June 6 issued an order to show cause regarding a requested order approving a $300,000 assumption agreement designed to transfer the obligations of the last remaining claim against an ancillary receivership of an insolvent Massachusetts insurer (In the Matter of the Ancillary Receivership of American Mutual Insurance Company of Boston and American Mutual Liability Insurance Company, mutual insurance companies of the Commonwealth of Massachusetts, No. 41706/1989, N.Y. Sup., New York Co.).

(Order to show cause available. Document #10-160624-021R.)...
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