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Liquidator Asks Court Permission To Sell Insolvent Insurer’s Art Collection

Mealey's (July 30, 2015, 11:27 AM EDT) -- LOS ANGELES — The liquidator of an insolvent insurer applied with a California court on July 24 for approval to sell the insolvent insurance company’s art collection (Insurance Commissioner of the State of California v. Golden State Mutual Life Insurance Company, No BS123005, Calif. Super., Los Angeles Co.).

(Brief available. Document #10-150828-002B.)

Los Angeles County Superior Court Judge David P. Yaffe appointed the insurance commissioner of the State of California as conservator of Golden State Mutual Life Insurance Co. on Sept. 30, 2009.

Judge Ann I....
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